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America's Aging Baby Boomers, Forced To Work Until Death, Blamed For Collapsing US Productivity
zero hedge ^ | 31 July 2016 | Tyler Durden

Posted on 08/01/2016 5:29:28 PM PDT by vannrox

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To: lurk

I go for older workers and vets


41 posted on 08/01/2016 7:38:48 PM PDT by Hambone 1934
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To: 5th MEB

They belong to you until the dems turn the US into Venezuela.


42 posted on 08/01/2016 7:38:48 PM PDT by Hambone 1934
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To: 5th MEB

Good for you.


43 posted on 08/01/2016 7:44:16 PM PDT by moovova
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To: Jonty30

Your not talking about this boomer, bubba. The only debt we have is the mortgage and I could go online and pay it off tonight...but we’re earning more than its costing us.


44 posted on 08/01/2016 7:48:20 PM PDT by moovova
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To: vannrox
this rings true except of course the precious govt workers who have escaped all of this....

all I counted on was a measley 5% interest rate and we would be millionaires....

not happening...

45 posted on 08/01/2016 7:56:32 PM PDT by cherry
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To: choctaw man

62 here....will go at it at a very demanding job for at least one more year...maybe more....


46 posted on 08/01/2016 7:57:34 PM PDT by cherry
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To: Jonty30
there are two baby boomer groups....the ones that got the best jobs with defined pensions and are older....65 and up...

then there is the rest of us....job market not nearly as open for us, the defined pension scheme on its way out, plus we pay more of our money in taxes and we work longer to get SS....

and the older boomers are very liberal....why not....they got into the money grab when the money was good...

47 posted on 08/01/2016 8:02:52 PM PDT by cherry
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To: Cedar
It's not discrimination at all. It's a practical approach to running a business.

The ObamaCare employer mandate that requires employers to provide medical insurance for their employees makes older workers completely radioactive. Employers have a financial interest in staying away from employees in an age cohort that has the highest medical expenses and isn't yet eligible for Medicare.

48 posted on 08/01/2016 8:03:07 PM PDT by Alberta's Child ("Sometimes I feel like I've been tied to the whipping post.")
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To: Feckless

oh isn’t that nice....collecting govt money from my taxes all these years....so special...


49 posted on 08/01/2016 8:08:19 PM PDT by cherry
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To: cherry

Not being a Welfare Brood Mare. Guess you think we should just be happy about being in various armpits of the world and getting shot at just for the fun of it.


50 posted on 08/01/2016 8:18:39 PM PDT by Feckless (The US Gubbmint / This Tagline CENSORED by FR \ IrOnic, ain't it?)
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To: cherry

You, and the others who have made this point, are correct. Not everybody in that generation was to blame as some did know what the eventual consequences of borrowing from the future would create.

I didn’t to blame every baby boomer, just the ones that have created a future that would eat their grandchildren.


51 posted on 08/01/2016 8:22:04 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: HartleyMBaldwin

Started in the berry fields at 7.

#############################

I’ll bet that wasn’t a berry good job!

I started in the cotton fields myself but I didn’t cotton to it

(I just can’t stop myself)


52 posted on 08/01/2016 8:30:15 PM PDT by Graybeard58 (Bill and Hillary Clinton are the penicillin-resistant syphilis of our political system.)
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To: Jonty30; ErnBatavia

It was the baby boomers that largely drove the world’s debts to impossible amounts to pay back. There are consequences with that. If we weren’t paying so much in interest to service these debts, the economy could hold everybody.

*********************************************

“ErnBatavia”, you and your buds are responsible for this mess. Aren’t you the slightest embarrassed by it?


53 posted on 08/01/2016 8:36:49 PM PDT by Graybeard58 (Bill and Hillary Clinton are the penicillin-resistant syphilis of our political system.)
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To: vannrox

Bbb


54 posted on 08/01/2016 8:38:07 PM PDT by thinden
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To: lurk

Bingo. The cost to provide benefits, and having to pay a decent wage seem to outweigh productivity in their book.

Modern HR practices are weaponized bigotry against people who actually know how to get things done.


55 posted on 08/01/2016 8:41:31 PM PDT by Eisenhower Republican (Supervillains for Trump: "Because evil pays better!")
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To: vannrox
So many workers under 40 don't know how to put in a long, hard day because they have never been required to.

When combined with the lowered standards of Affirmative Action and the high expectations set by the University system for "work-life balance", it's a recipe for lower productivity.

It's the older workers that are keeping the economy moving forward.

Certainly the kids of today are neither willing or able to do it.

56 posted on 08/01/2016 8:42:49 PM PDT by Mariner (War Criminal #18)
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To: vannrox
From the Poetess Sappho...sixth century BC.....

....my skin once soft is wrinkled now,

....my hair once black has turned to white

My heart has become heavy, my knees that once danced nimbly like fawns cannot carry me,

How often I lament these things - but what can be done?

No one who is human can escape these things.

From: "How to Grow Old" by Marcus Tullius Cicero (45BC)

New translation by Philip Freeman

57 posted on 08/01/2016 9:06:29 PM PDT by spokeshave (Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
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To: Alberta's Child

You described it perfectly. For practical reasons, no one wants to hire the “over 50” worker (though it has been going on even before Obamacare was enacted).

Walmart, Lowes, Home Depot, those are the exceptions; and maybe those people with exceptional career skills can still get hired. Otherwise, as you said, older workers are radioactive.

I hope folks here will take the time to read the job discussion forums found on the internet (50+ worker). It paints a sad and serious picture for many older Americans. Trust in God is the only answer for us all.


58 posted on 08/01/2016 9:12:37 PM PDT by Cedar
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To: Jonty30

It was the baby boomers that largely drove the world’s debts

Damn right. Clinton, Bush, Obama.....????? We’ll be in the ground if another Clinton is elected. We will be completely socialist if we lose 2020. Our country is over if a Democrat wins 2024. Kiss America goodbye.

We could end up with 5 Boomer Presidents by 2028....Good God how Americans hate themselves.


59 posted on 08/01/2016 9:44:35 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: vannrox

“at the expense of younger Millennials who are unable to find jobs due to... older workers who refuse to retire for no other reason but simply because their savings no longer generate a cash flow”

For no other reason? Was this written by a person who comes from a country where the average age at death is 46 or just regurgitation of the 60’s? Tell you what, Millennials. You guys want $15/hr to answer a phone or take a food order. So, fine, I’ll give up my job if you pay me $15/hr to retire. But you’d have to, like, cut your twitter and facebook time by about 80% to keep up productivity to afford paying yourselves $15 and paying me $15. Now what?


60 posted on 08/01/2016 9:50:00 PM PDT by blueplum ((March 11, 2016 - the day the First Amendment died?))
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