Posted on 07/30/2011 10:32:57 PM PDT by rabscuttle385
Baby boomers -- those born between 1946 and 1964 -- have been described as "the pig in the python" and the "sandwich generation."
They lived well, grew up in relative abundance and, some say, expected their Social Security, health care and government support to be there as they grew old.
Now, as the future of the country's economy is up in the air, is this group of 80 million aging Americans -- many of whom are sprinting toward retirement age -- the ones to blame for the nation's shaky economic system?
(snip)
Thomas Firey, a senior editor at the conservative Cato Institute and member of generation X, said it's unclear as to what's going to happen to Social Security.
"Under current law, what's supposed to happen is once the trust fund runs dry, the benefits are to be cut by roughly 25% to bring it back into balance. Each year's income will equalize the outflow," said Frey..."But no one expects that to happen. (So) are we going to raise taxes on current workers? Are we going to get rid of the tax?"
But criticizing baby boomers is not necessarily a politically wise thing to do, especially when it comes to their voting behavior.
(snip)
Jerry Shereshewsky, the self-described "chief grown-up" at the firm GrownUpMarketing, is a baby boomer. The 65-year-old said it's not his generation group to blame, it's Congress'.
"It was not a secret that this largest cohort in American history was going to get older every year," he said. "The fact that Congress has not done a very good job of keeping up with what is really happening in the world: life expectancy, better medical care. You give people a lot of cake and ice cream, they're going to eat it."
(Excerpt) Read more at articles.cnn.com ...
A nice reminder. THANK YOU!
You still have the choice to fight back.
Perfectly said. Thank you.
Finally, someone is getting the message.
If one does not want socialism (or socialism lite, which is still socialism), then don't vote for it.
Absolutely a fact that the voters of that period put these policies in place and refused to look at what was happening. I absolutely blame my generation and that which followed for giving all these Democrats too much power and trust.
My Family lived in Summit,AK when I was born and Dad was in charge of the meat. Mom was in charge of the dry goods and her twice yearly visits to Anchorage on the RR. If somebody wants to say I am responsible for their problem, I was taught to be responsible for kicking their ass.
A big problem is that people no longer take failure seriously.
In the old days when a person failed they lived under a bridge or highway overpass.
These days failures expect to live in nice homes.
The prospect that they could end up completely destitute never entered the mind as a possibility.
Did that in '10. As far as I am concerned, that turned out well. We have a Conservative Gov and one Conservative Senator in PA plus swept both houses. A Conservative Gov is something that has never happened before here. I am not one of these dudes that sit things out. I have voted in every single election, no matter how small, since I started voting. Drove 5 hours home from college 3 times because I didn't trust the absentee ballots.
Don’t forget we had an extremely pro big government press who did not do their duty.
Xer Ping
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
They lived well, grew up in relative abundance and, some say, expected their Social Security, health care and government support to be there as they grew old.
Of course they expected it to be there. They paid into it for a large portion of their lives and were repeatedly told that the money was safe. In a lockbox. Untouchable. Now when it comes time to get the money they were promised back, A-holes like this writer speak about them as if they are greedy moochers.
This kind of reporting is disgraceful. Seriously, how can people actually think like this?
In the old days people would dust themselves off and do it again. Never quit, never give up. The safety net is to big now. If you fail, you just whine and take handouts.
So basically, all you (and other voters like you) did was kick the can down the road.
If Gore had been elected in 2000 and gone nuts like Obama, it's quite possible that the Tea Party would have arisen to challenge him and the other statists eleven years ago.
That’s right, blame an entire family of boomers who lived 25 mi. from Mt.McKinley and Mom could only get the train after the sno-go came through.
Unfortunately for you there are 7 children that survived. You can take your muti-media boomer outbreak and shove it.
Too funny! Your rant against the baby boomers, when this crop of current commies was voted in by YOU X & Y’ers, INCLUDING Obama and the cadre now serving who were handed the keys to car and drove it in the ditch burning up $6 TRILLION dollars before it hit bottom! ROFL!
And...there's your problem. A bunch of "buzzword bingo," MBA-centric, dishonest fools for the most part have ascended to the top of the heap in this generation.
I was born in very late '64, and have been saying since I was a teenager that they would destroy the Country.
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