THE GREATEST GENERATION ! (NOT)
This isn’t the greaatest generation, it’s their kids.
I’m on the cusp of the baby boomers, born in 1944, and I hope to leave something to my kids. At the very least, I don’t want to leave them saddled with the massive debt this president is running up and I don’t want them to have to take care of me.
Of course not - the most selfish, narcissistic, destructive generation that ever lived. A horde of locusts...(flame away)
This shouldn’t surprise anybody. The baby boomers forced society to subsidize their education and other benefits. They then choose to not make the appropriate actions to make sure the debt doesn’t balloon out of control.
They also objectively added very little to the world, considering how much they took and how many of them there were.
Why should it be surprising that they are also leaving the world a big bag of nothing in the end?
Well one thing is for sure, Baby Boomers have paid a lot into the system, and will forever be trashed by other generations. Too bad we can’t take our money back.
It says this was from a survey of “rich people”. I might have missed it, but how did they define “rich”?
What’s so great about the Greatest Generation when it comes to the mentality of government entitlements being a “right”?
I have parents and in-laws who were part of the Greatest Generation. And I’m not speaking of them as “people” or “personalities” (they were great parents, and lovely people) but as recipients of government entitlements they fail, IMO. They either paid very little into, or paid in, but are reaping, and may I say, expecting to reap without any cuts, benefits for their entire lives. Any mention of cutting back, or having to cut back is met with huge howls and opposition.
The Greatest Generation have been the recipients of HUGE government entitlements in the form of SS and Medicare. Now we have the Boomers, will the Boomers get the same in the way of “pay back” even though they’ve paid in their entire lives. Of course not. Does that even enter the mind of a GG when it’s mentioned there might need to be cutbacks to keep the system afloat...of course not.
Just my 2 cents.
The “Greatest Generation” were the parents of the Boomers.
And they weren’t the Greatest Generation, they were the most duped generation. They bought into the SS scam and kept it going. Kept voting those Dems in. Even when the stories in the 70s came out about the “less people to support more retirees” was on the news, they didn’t care.
They also did NOTHING about their pay checks having their taxes taken out. NOPE, nothing was done. Of course, they inherited alot of socialism. And expanded on it.
The Boomers were those who inherited the huge ball of wax, they didn’t do anything either.
Now, I don’t consider myself a Boomer, and I have a teenage daughter. But the coming implosion will be more the fault of people BEFORE the “great generation” who put into place the third central bank, the FED. It allowed the taxation, and the vote buying by the politicians, for almost 100 years.
A whole lot of WRONG unconstitutional things have been piled up to the sky in this country. It will need to be torn down and rebuilt, and I hope my grandkids will see it.
They are just hoping to spare their children the confiscatory tax rates and demonizing rhetoric that Obama and his ilk would inflict upon them.
Whatever “boomers” leave to their children will be swallowed up by the gargantuan government debt now being created.
In Generations, William Strauss and Neil Howe define this generation as an Artist/Adaptive generation. An Artist (or Adaptive) generation is born during a Crisis, spends its rising adult years in a new High, spends midlife in an Awakening, and spends old age in an Unraveling. Artistic leaders have been advocates of fairness and the politics of inclusion, irrepressible in the wake of failure. In a broad view, their labeling as an "Artistic" generations seems apt and the term "silent" might even be applied ironically. Most rock stars of the 60s were of the Silent Generation. If the last birth year of the Silent Generation was 1942, it would contain bands such as the Beatles as well as rock stars such as Frank Zappa, and Jimi Hendrix. Elvis Presley was also of this generation, as were some of the most famous movie stars of all time such as Marlon Brando, Marilyn Monroe, Clint Eastwood and James Dean. This generation contributed greatly to African American music, like soul music and rhythm & blues, producing singers like Ray Charles, Little Richard, James Brown, Marvin Gaye, guitarist B.B. King, producer Quincy Jones, and Tina Turner. Keeping to the "Artist's" advocacy of fairness and the politics of inclusion, many leaders in the civil rights movement came from the Silent Generation, along with a wide assortment of artists and writers who fundamentally changed the arts in the United States. The Beat Poets, for example, were members of the Silent Generation, as were Martin Luther King, Jr and Gloria Steinem. -Credit to Wikipedia.
Check the birthdates of your favorite socialists and "traitors". You'll find that many that you thought were boomers, are actually fromt he Silent generation.
Nobody, including kids should expect to be left a damn dime, especially when they run out and rah and cheer a communist. They deserve to get nothing. After all, they can just get it from their hero, Obama.
My ex ruined our life worrying about whether his Greatest Generation Dad would leave him a bunch of stuff he wanted.
3 kids and they all got very little because his dad’s 2nd wife got it all.
Then he preceded to make life more miserable with anger over it.
Sad thing was he was doing fine without any of it.
A lesson to be learned here is nobody owes you anything.
Want something? Go work for it and if you do get left anything. Be very happy about it.
Consider yourself blessed, not entitled.
I’m sixty and I did a little run-through this morning on the Fidelity website, assuming a bad market in the future and using conservative estimates, at the time when the probability that my wife and will both have passed away reaches 75%, the value of our estate, not counting our home, will be $1.4 million. Even 35 years from now, that should be worth something.
Boomers have no money. The wife works in long term care. She sees this every day. They are broke...and begging. It amazes her that they are the most demanding bunch, thinking everything should be free once they are 65 years old.
There are loads of private pay facilities, yet, this newer retiring generation doesn’t have the funds to live in one.
I agree with this sentiment. I've never understood leaving money to children--but then again I've never been in that position, so I cannot understand the emotion. The estate of the OldPossum and Mrs. OldPossum is being left to charities, every dime of it.
I’m an early Baby Boomer (born 1946). I’m not rich by a long shot but I do have some money saved up. I never expected to get rich when my parents died, the only thing I inherited from my father was his father’s gold watch.
When I die I want my step daughter to get whatever I have. It might be as much as 10 grand, hardly a fortune. If I find a way to spend it before I die I won’t feel bad. I sure don’t want it to go to the State.
I’m an early Baby Boomer (born 1946). I’m not rich by a long shot but I do have some money saved up. I never expected to get rich when my parents died, the only thing I inherited from my father was his father’s gold watch.
When I die I want my step daughter to get whatever I have. It might be as much as 10 grand, hardly a fortune. If I find a way to spend it before I die I won’t feel bad. I sure don’t want it to go to the State.
Born in ‘58 here, so I guess that makes me the subject of this article.
And you bet your sweet bippie I’m not leaving the one kid I had so much as a cranberry. I’ll probably croak with a bunch of $$ in the bank and Insurance, but I wrote him out of every cent the day he started stealing from Mrs. Liberty.
Obviously, I did something incorrectly, and the way I see it, I can only prevent compounding the mess that would be caused by leaving the little $*#% money with which to cause mischief.