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Keyword: generationalwar

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  • Generational war is brewing

    11/10/2005 1:22:46 PM PST · by qam1 · 745 replies · 11,979+ views
    Tracey Press ^ | 11/10/05 | Froma Harrop
    America should prepare for a big fat war between the generations. It’s going to be ugly. On one side is the baby boom generation, which retires and claims a ton of government benefits. On the other are younger workers, forced to fund those benefits plus pay the bills their elders left them. When the war comes, the Federal Reserve chairman will have to be a general. That person will likely be Bush nominee Ben Bernanke. The question is, for which side will he fight? Outgoing Fed Chairman Alan Greenspan tried to represent both sides. He supported the Bush tax cuts....