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[quote=Anonymous][quote=Anonymous]I go back and forth on this topic, to be honest.

I think there are things the Boomers (collectively) have done wrong.  They turned housing, for example, into an investment bubble.

On the other hand, I know plenty of Boomers who had their pensions taken away due to companies declaring bankruptcy.

But I think a lot of this anger/resentment toward the Boomers comes from the sense that the American Dream has turned out to be a Pyramid Scheme, and [b]they seem to be (in general) the generation cashing out.  
[/b][/quote]Uh, that's where you're wrong. It's our parents who cashed out and who had the great retirements.  A lot of the baby boomers are headed into retirement without much or any savings and they are going to find retirement really hard but their parents had the advantage of company pensions and a more stable economy and manufacturing jobs that paid working class folks well and had good benefits compared to the poorly paid service jobs that abound now.

I see it happening in my own family. MIL just passed away. She had a decent pension through her late husband and really good health insurance.  Meanwhile I have a sibling who is struggling due to a debilitating health problem with no pension waiting, no 401k, and no retiree health insurance.  It's not gonna be pretty but our economy has structurally changed over the last few decades and this is the way it's going to be for more and more of us - not just the baby boomers.

No, it was the previous generation who made out like bandits in their retirement. But then the baby boomers are so more convenient to hate, so I don't expect most people to get that.  Too bad, because while you're hating on us, you're ignoring structural changes in the economy that are going to hurt [i]you[/i].  You maybe could do something to prevent that if you refocused your anger to the proper source but - as I said, that wouldn't be convenient.

And, btw, how was it the boomers who turned the housing market into a bubble? There were lots of Gen Xs and younger out there in the credit default swap business and pushing subprime loans off on people who shouldn't have gotten them.  I noticed a wide age-range among the various players in that debacle.[/quote]

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