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Reply to "Baby boomers ruined America"
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[quote=Anonymous][quote=Anonymous]Gen Xer here. [b]I don't hate the Boomers[/b]. But I do think that with the invariable cuts to come, they are going to need to share the pain. You can't just raise the retirement age, Medicare age, etc for younger generations. Boomers will need to suck it up with the rest of us. Younger Boomers did lose a lot in the downturn, and I'm sure some of their retirements are delayed as a result. But the costs are higher for GenX and Y now than when the Boomers were younger - housing, college, gas, childcare, not to mention the coming costs for caring for elderly Boomer parents. The Boomers need to have some empathy for this - the average middle class X or Y-er can't save or build wealth the same way they did. We may never be able to.[/quote] I really think you do hate the boomers. You are suggesting that a 70 year old woman/man who worked all their life, mind you without the additional benefit of IRAs and 457s, take a cut in their retirement benefits. These people put their money into a system with a promise of a certain payment upon retirement. They relied on that information and most planned accordingly. Now here you come along with all your youth and years of productivity in front of you suggesting that we should take from the elderly to make your life richer. Gag. [/quote]
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