Anonymous wrote:
Anonymous wrote:Bill Maher got at the heart of the issue.
Federal yearly spending per child: $3,822.
Federal yearly spending per senior: $25,455.
That is a big reason why people are angry at the Boomers. As another PP said, they hold most of the assets/independent wealth and yet they also receive the most in Federal subsidies.
I don't know, but has our country, our government, ever put so much of its investment in the elderly and not in the future (youth, job creation, innovation)?
Younger generations see that under the Boomers, pensions have been phased out, the cost of education has gone up above and beyond normal inflation, and even an advanced education doesn't ensure a job.
It's not about hatred. It's about angst.
I don't hate Boomers. And there are things that irritate me about pretty much every generation. Because let's face it, people are people. But right now, there is definitely an unequal distribution of resources in favor of the aging Boomers over all other generations. That causes tension and bitterness.
This. As a Millennial, I'm told by Boomers that I'm lazy, entitled, spoiled, etc. In the meantime, wages have stagnated. The cost of education has skyrocketed. The cost of living has increased. Health insurance costs more (and often gets cut). The entry standard for a good job has gone up (a bachelor's is now the equivalent of a high school diploma) Let's not even talk about what retirement benefits are like now. It takes more time and more money to get ahead than it did 20/30/40 years ago. Millennials are starting the race with 50lb backpacks on their back, placed there by Boomers. And then they have the gall to call us lazy because we're not running as far or as fast as they did.
I'm 29, have an undergrad degree. I have no expectation of ever owning a home or retiring in my 50s, I'll likely only have 2 kids because I can't afford more than 1 daycare tuition at a time and I don't want kids 10-15 years apart. My parents owned a home, had graduate degrees and 3 kids by the time they were my age. They were both able to retire and start 2nd careers by their early 50s.
I love my parents and respect their opinion on many, many things. But I cannot talk to them about the job market or housing. They just don't.get.it. At all. We even work in the same industry! They don't understand that what was available to them is no longer available. It's frustrating. There's a disconnect. They mean well, they want to help, but they just don't realize that the game has changed.
The Boomers did some great things. But they're not the saviors of society that they think they are. They don't have all the answers.