Reply to What's the most irritating generation? Obviously boomers, but after that?

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[quote=Anonymous]For GenX and probably millennials there is a much larger cultural gap between college educated white collar and uneducated blue collar workers. GenX did not follow the boomer footsteps and become more conservative. They are pretty much centrists if they are educated. Obviously not if they are from the south, religious weirdos, or white supremists..those of course are the Republican Party.

GenX is in an odd financial position of either being the last group to catch the tail of prosperity and enjoy windfalls or totally screwed on all ends. Some will inherit the hoard of wealth from their boomer parents. Others will be crushed by financially destitute boomers. Some are set for future retirement, others are seeing retirement slip away as something that will happen anytime soon.

In terms of understanding other generations, it’s a mix. My GenZ kids were mentioning how their generation will never be able to afford houses. DH a GenXer started a boomer monologue on how we didn’t buy a house until our mid thirties and it was just something you saved up for over time. I later pointed out to him that we would not have been able to afford our big house if I didn’t have several hundred thousands in equity in my condo plus savings and investments. In fact my savings and investments, paid off his 50K in student loans and bought our new car which at the time involved paying off his car loan. He had spent his twenties and thirties getting a PhD and renting. I went to grad school while working full time. I also pointed out that his rent back then was $500 a month, the same building charges over 2 K for the same size unit. I insisted on saving a lot for college because I knew the trend. Our kids will be debt free from college. If we had gone with his plan, they would be in debt for thousands of dollars. [/quote]

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