We are getting old.

[Galen]

(09-23-2016, 01:01 AM)taramarie Wrote:

(09-23-2016, 12:53 AM)Galen Wrote:

(09-23-2016, 12:41 AM)taramarie Wrote:

(09-23-2016, 12:29 AM)Galen Wrote:

(09-22-2016, 07:27 PM)taramarie Wrote: Well those fortunate enough to have jobs that is. Here in christchurch most are struggling. I mean heck my best mate who was born th same year as me has had her 60 year old mother board with her because rent is too high. They are making off the fact so many have been left homeless after the earthquakes and great recession. Employers are running employees ragged and taking away their rights. They can fire you at the drop of a hat now and get away with it. Meanwhile boomers here talk about days in their youth when jobs were abundant, more rights, and they did not even need a cv. I have a degree, massive debt from student loan to get a job and guess what? No jobs! Heck even with the few out there my degree is not enough. I need experience first. So back to school i go to specialize in something and get help to get that experience because they will just not hire you anymore without prior experience. Boomers say that was not an issue back in their day. Pisses me right off.

The only advantage Generation X has over the Millies is that we knew that we were screwed and no one gave a shit about that.  That gave many Xers time to compensate for the circumstances.  Millies are going to have a really rough time of it, possibly even worse.

Well I think some xers who were not expecting the crash (and here, the earthquakes for ALL generations that were not well off) who had kids especially are suffering. Boomers who recklessly spend what they do not have who thought times would always be great too. Like my own mother. But yeah my generation was lied to. Unprepared, young, naive and so it is near impossible to make a start in life. Too bloody hard to get into the work force, saddled with debt from degrees we were told would take us somewhere. Now we need the experience and how are we to get that if no one will take us on? It is also so expensive to live anywhere these days. Can we afford cars, houses? Nope. Then older folk start on us for staying at home. Smdh.

The Boomers and Silents had decades in the US to deal with the obvious fiscal problems and on the whole chose to do nothing but make it worse.  Things were great for the Silent generation and they tended to be non-entities and so expecting them to take the lead was unreasonable.  Ron Paul was the exception but as you know, very few Boomers or Silents were listening.  The Silent Generation were the least likely people to take a risk and break out of the usual patterns.

For greed I assume?

Yes, but the Boomers and Silent Generation have been assuming that what was would always be.  That you could tax, borrow and spend forever with no bad consequences.  They made the same assumptions in their personal lives as well and now the chickens appear to be coming home to roost.

The GIs are pretty much gone and the Silent Generation is going so they probably won't have to worry too much about it.  Most of the Boomers literally can not face the reality of the situation.  Consider the reactions I get when I point out that government must reduce their spending on both defense and entitlements.  Most of the Boomers literally can not accept that they to must suffer the consequences of their decisions.  They expect Generation X and the Millies keep all of the unrealistic promises.  You already know that this is not possible.  The last eight years of money printing are a last futile attempt to delay the inevitable which will create an even bigger crisis.