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The Screwed Generation (Daily Beast Article)

http://www.thedailybeast.com/articles/2012/06/04/it-can-happ...
.,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.  06/05/12
good article. this stuff pisses me off
"'"''''''"'''  06/05/12
yup. we're clearly fucked. lol at any kind of "recover...
.,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.  06/05/12
fortunately, if we elect obama, he'll fix it
@xxxx[{::::::::::::::::::::::::::::::::::>  06/05/12
...
.,.,...,..,..,:,,:,...,:::,...,:,.,.:...:.,:.::,.  06/05/12
...
and when i started to squeeze the bar brother  06/05/12
yup! (i agree with idiots!)
"""'"'"'"  06/05/12
...
froyolo  06/07/12
romney is clearly the anti-boomer answer!
whok's on first  06/07/12
that chris buckley book is looking more and more prescient (...
rspm  06/05/12
which book?
cauear  06/06/12
http://www.amazon.com/Boomsday-Christopher-Buckley/dp/044657...
rspm  06/06/12
180
whok's on first  06/07/12
we're fucked. it's clear as day. i need to start looking for...
.,,.....,.,.,.,:,,:.,..,:::.,,.,:,.,.:..:.,:.::,.  06/05/12
Dide you have a biglaw jerb but like a typical indolent youn...
"""'"'"'"  06/06/12
a lot of those spanish bros are immigrating to latin america...
.,.,...,..,..,:,,:,...,:::,...,:,.,.:...:.,:.::,.  06/05/12
they want to move to miami bro
and when i started to squeeze the bar brother  06/05/12
...
.,.,...,..,.,.:,,,:,...,:::,..,.,;,...:..:.,:.::,  06/05/12
How is any of this a "new progressive" order? Euro...
michael yidd-killchrist  06/05/12
the author seems to think that a generous welfare state is p...
@xxxx[{::::::::::::::::::::::::::::::::::>  06/05/12
No, I'm saying that the author seems to be subtly blaming th...
michael yidd-killchrist  06/05/12
how has europe been moving away from the welfare state? free...
@xxxx[{::::::::::::::::::::::::::::::::::>  06/05/12
generous but decreasing under leaders like Sarkozy, the last...
michael yidd-killchrist  06/05/12
yeah but that's not "moving away from the welfare state...
@xxxx[{::::::::::::::::::::::::::::::::::>  06/05/12
Lol. Sure thing you true believer krugmanmonger faggot
"""'"'"'"  06/06/12
they have been moving away from the welfare state for a few ...
.....,,.,.,.,..,.,.,,,,,.,.,.,.,.,.,,.  06/05/12
Britain has been moving away from it for decades. Anyway the...
LathamTouchedMe  06/05/12
some pension funds need to earn 8% to meet their liabilities...
@xxxx[{::::::::::::::::::::::::::::::::::>  06/05/12
Pensions while often a state budget issue, are not the cause...
LathamTouchedMe  06/06/12
when faced with cutting workers or cutting pension benefits,...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/06/12
lol please. These cuts have resulted from a shit economy and...
LathamTouchedMe  06/06/12
there are many causes of the crappy situation for youngs. al...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/06/12
You would characterize boomer investment in the stock market...
;;.;.;,;,;,;;...  06/07/12
yes. savings are savings. the stock market has an inherent r...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/07/12
They'll have worse retirements because the economy went into...
LathamTouchedMe  06/07/12
the boomer mentality allowed this to take place. they comple...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/07/12
Any programs that rely on high growth rates forever are fuck...
Talib Kweli  06/06/12
The UK's economy is levered nearly 10X GDP. They have no c...
"''"''"''''"  06/07/12
Not welfare for olds. That isn't going anywhere.
MrJackson  06/05/12
the fact that people in our generation have basically alread...
bill engvall  06/05/12
They aren't taken very seriously by politicians. Neither Rom...
..........,.  06/05/12
because for all their yelling people in their 20s still basi...
bill engvall  06/05/12
yeah. this is true.
..........,.  06/05/12
youngs will also just vote for anyone who is for gay marriag...
flyfisher110  06/05/12
titcr. fuck my dumb generational fellows.
.,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,  06/05/12
...
"""'"'"'"  06/06/12
Need a website to organize the youth vote behind a unified e...
Talib Kweli  06/06/12
Yeah, this is the real problem. I'm sick of hearing so mu...
rhodium1234  06/06/12
Fuck you for telling me that abortion rights aren't importan...
oneforthethumb  06/06/12
(retard)
"'"'"''"""  06/06/12
insert any pet issue you want in there and you have the curr...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/06/12
thank you for demonstrating his point
midnight souls still remain  06/07/12
all the 25 yr olds who should be out organizing youngs are w...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/05/12
This is pretty true. And it's also true they don't vote a lo...
..........,.  06/05/12
People our age are political but for stupid causes. Peopl...
........,,,,,,......,.,.,.,,,,,,,,,,  06/05/12
exactly. there are already 100 boomer interest groups devote...
..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.  06/05/12
The problem is, the ones who can afford to be politically ac...
midnight souls still remain  06/07/12
time to start brushing up on my guitar skillz and scouting b...
.,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.  06/05/12
...
.,,.,...,,......,,.,,,.,.,.,.,.,.,,.  06/06/12
The author seems to think that being 'connected' to the gove...
rot13dood  06/06/12
pretty sure he meant being "connected" a lot highe...
and when i started to squeeze the bar brother  06/06/12
"America spends 2.4 times as much on the elderly as on ...
.,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.  06/06/12
This is disastrous.
Proledrift  06/06/12
i didn't read the article. is this normalized for population...
DatNiggyTB  06/06/12
Fuck the olds and the children. I got shit and I still get s...
My Prole Called Life  06/06/12
the elderly have contributed a much higher ratio of benefit ...
sealclubber  06/06/12
And now they're destroying it.
My Prole Called Life  06/06/12
by having lazy kids who don't contribute shit to America
sealclubber  06/07/12
...
boomer firing you to conserve one paperclip  06/06/12
boomers: turn out to vote at rates exceeding 60% in presiden...
midnight souls still remain  06/07/12
there's going to eventually be a mass pogrom of olds its ...
.,;'.,;'.,.;'.,.;'.,,.;,;.;,.''';[;.,,'  06/07/12
they'll just give out free wiis before that happens
midnight souls still remain  06/07/12
...
midnight souls still remain  06/08/12
Remember this also - boomers developed feminism and diversit...
,,.,.,.,.,.,.,.................  06/08/12
This is all byproduct of heeb media outfits. The only pogrom...
|||||| | ||| || | ||||||| ||  06/08/12


Poast new message in this thread



Reply

Date: June 5th, 2012 8:44 PM
Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.

http://www.thedailybeast.com/articles/2012/06/04/it-can-happen-here-europe-s-screwed-generation-and-america-s.html

As the boomers have held on to generous jobs and benefits, their children have given up on raising families, writes demographer Joel Kotkin.

In Madrid you see them on the streets, jobless, aimless, often bearing college degrees but working as cabbies, baristas, street performers, or—more often—not at all. In Spain as in Greece, nearly half of the adults under 25 don’t work.

Call them the screwed generation, the victims of expansive welfare states and the massive structural debt charged by their parents. In virtually every developed country, and increasingly in developing ones, they include not only the usual victims, the undereducated and recent immigrants, but also the college-educated.

Nowhere is this clearer than in the European Union’s Club Med of Spain, Greece, Portugal, and Italy, the focal point of the emerging new economic crisis. There’s a growing sense of hopelessness in these places, where debt is turning politics into an ugly choice between austerity, which reduces present opportunities, or renewed emphasis on public spending, which all but guarantees major problems in the bond market, and spending promises that can’t be kept.

“We don’t know what to do now,” Jaime, a Madrid waiter in his late 20s told me last week. “My wife lost her auditor’s job, and I can’t support the whole family. Maybe we have to move somewhere like Dubai or maybe Miami.”

Many young Greeks, Italians, Portuguese, and Spaniards already have made their moves, with a half million leaving Spain alone last year. But it’s not just Club Med youths who are contemplating greener pastures. Ireland, which in recent decades actually attracted new migrants, is exporting a thousand people a week. In recession-wracked Britain, nearly half of the population say they would like to move elsewhere.

Spain unemployment

Driving this exodus is a growing perception that this collapse is not cyclical but secular. Increasingly, young Europeans are deciding not to start families—the key to future growth—in reaction to the recession. The stories about divorced Spanish or Italian young fathers sleeping on the streets or in their cars are not exactly a strong advertising for parenthood.

Even in once-rigidly Catholic Spain, marriage and fertility rates have been falling for decades, and family structure weakening. Spaniards are having fewer children now than they did during the brutal civil war of the late 1930s. Alejandro Macarrón Larumbe, a Madrid-based management consultant, in his 2011 book, El Suicidio Demográfico de España, points out that the actual number of Spanish newborns has declined to an 18th-century level.

Only those connected with the government, or able to ride asset inflation, will do well in the new “progressive” order.

This demographic implosion makes sense given the legacy left behind by the boomers, who have held on to generous jobs and benefits but left little opportunity for their children, not to mention a high tax burden on what opportunities they do find. For a generation academics have sold higher education—the more the better—as the cure for unemployment and the great guarantor of success. Yet rising education rates in places like Spain have not created jobs for the rising generation, but only expanded unemployment and falling wages among the ranks of the educated.

Even America, traditionally a beneficiary of European woes, seems to have turned on its young. College debt is crushing many young people with degrees—particularly those outside the sciences and engineering—that are not easily marketable. The spiking number of people in their 30s working as unpaid interns reflects this erosion of opportunity. This has happened even as the price tag for college has shot up; 94 percent of students who earn a bachelor’s degree now owe money for their educations, compared to 45 percent two decades ago. Here’s a tribute to futility: today a majority of unemployed Americans age 25 and older attended college, something never before seen.

Governmental priorities here continue to favor boomers and seniors over the young. For a generation, transfer payments have favored the elderly, a trend likely to accelerate as the boomers continue retiring and demand their due. According to Brookings, America spends 2.4 times as much on the elderly as on children.

Forced to take lower wages if they can find work at all and facing still-expensive housing in those markets where many of the jobs are, roughly one in five American adults 25 to 34 now live with their parents—almost double the percentage from 30 years ago. Increasingly both Wall Street and green “progressives” urge young people to abandon homeownership for a poorer, more crowded life in expensive, high-density apartment blocks.

Across the developed world, wages are being cut for young Americans, Europeans, and Japanese as politicians prefer to offer less to the young than to take anything away from those already ensconced in employment, particularly if organized into unions. In the U.S., everything from government jobs to employment in auto factories and even supermarkets is now on a two-tier track, with older workers’ guaranteed pensions and higher salaries not shared by newer hires.

Pensions represent a bigger generational issue than salaries do. The European welfare state makes America’s seem Scrooge-ish. Their lifetime guarantees are so extensive, and unsustainable, that even the über-frugal Germans are calling for a special tax on younger workers to fund their parents’ pensions.

This generational transfer will likely be accelerated by an aging electorate. In Spain, notes Larumbe, voters over 60 now make up more than 30 percent of the electorate, up from 22 percent in 1977; in 2050 they will constitute close to a majority. The same patterns can be seen in other European countries and, although less dramatically, in the U.S. as well.

As a result, boomer- and senior-dominated parties, both right and left, generally end up screwing young people. This occurs even as they proclaim their fulsome concern for “future generations.”

Politicians on the right, in Europe and elsewhere, scapegoat immigrants in part to hold on to their share of older votes. Left-wing analysts rightly point out that the boomer- and senior-dominated Tea Party here is not likely to cut their own entitlements, preferring instead to push cutbacks in education and other disbursements that aid the young while fighting spending on job creation and productive forms of infrastructure investment.

Politicians on the left, meanwhile, tend to favor redistribution and “sustainability” over the new wealth creation critical for youthful advancement. Many boomers seem to suspect economic growth itself, as when John Holdren, now President Obama’s senior science adviser, back in the 1970s called for the “de-development” of high-income countries. A cynic might conclude that since the progressive boomers already got theirs, it’s fine for the young to live in an era of limits.

With the kind of tax and regulatory regime advocated by today’s regressive progressives—already largely adopted in my home state of California—greens and their allies many not have to worry about too much new growth. Only those connected with the government, or able to ride asset inflation, will do well in the new “progressive” order.

In Europe, east Asia, and America alike, the left and the right have both proven unprepared or unwilling to address the fundamental growth crisis facing the next generation. Neither austerity nor a “progressive” focus on greater government spending and “sustainability” can create the jobs and new opportunities so sorely lacking on the streets of Athens and Madrid and increasingly in American cities as well.

The developed world’s youth shouldn’t expect much help from an older generation that has preserved its generous arrangements at the cost of increasingly stark prospects for its own progeny. Instead the emerging generation needs to push its own new agenda for economic growth and expanded opportunity.



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20832708)



Reply

Date: June 5th, 2012 8:55 PM
Author: "'"''''''"'''

good article. this stuff pisses me off

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20832804)



Reply

Date: June 5th, 2012 8:58 PM
Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.

yup. we're clearly fucked. lol at any kind of "recovery"

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20832833)



Reply

Date: June 5th, 2012 10:27 PM
Author: @xxxx[{::::::::::::::::::::::::::::::::::>

fortunately, if we elect obama, he'll fix it

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833770)



Reply

Date: June 5th, 2012 10:36 PM
Author: .,.,...,..,..,:,,:,...,:::,...,:,.,.:...:.,:.::,.



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833893)



Reply

Date: June 5th, 2012 10:39 PM
Author: and when i started to squeeze the bar brother (service guarantees citizenship)



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833914)



Reply

Date: June 5th, 2012 10:42 PM
Author: """'"'"'"

yup! (i agree with idiots!)

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833941)



Reply

Date: June 7th, 2012 5:53 PM
Author: froyolo



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844022)



Reply

Date: June 7th, 2012 9:17 PM
Author: whok's on first

romney is clearly the anti-boomer answer!

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20845161)



Reply

Date: June 5th, 2012 9:03 PM
Author: rspm

that chris buckley book is looking more and more prescient (not that it was hard to see coming I guess).

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20832870)



Reply

Date: June 6th, 2012 9:58 AM
Author: cauear

which book?

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20836008)



Reply

Date: June 6th, 2012 10:23 PM
Author: rspm

http://www.amazon.com/Boomsday-Christopher-Buckley/dp/0446579815

transitioning is a pretty stellar policy idea

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20839946)



Reply

Date: June 7th, 2012 9:19 PM
Author: whok's on first

180

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20845180)



Reply

Date: June 5th, 2012 10:36 PM
Author: .,,.....,.,.,.,:,,:.,..,:::.,,.,:,.,.:..:.,:.::,.

we're fucked. it's clear as day. i need to start looking for a gov't job.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833885)



Reply

Date: June 6th, 2012 8:17 AM
Author: """'"'"'"

Dide you have a biglaw jerb but like a typical indolent young you want to quit and program apps.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835795)



Reply

Date: June 5th, 2012 10:37 PM
Author: .,.,...,..,..,:,,:,...,:::,...,:,.,.:...:.,:.::,.

a lot of those spanish bros are immigrating to latin america, i guess greeks and italians still go to australia?

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833896)



Reply

Date: June 5th, 2012 10:41 PM
Author: and when i started to squeeze the bar brother (service guarantees citizenship)

they want to move to miami bro

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833930)



Reply

Date: June 5th, 2012 10:41 PM
Author: .,.,...,..,.,.:,,,:,...,:::,..,.,;,...:..:.,:.::,



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833935)



Reply

Date: June 5th, 2012 10:42 PM
Author: michael yidd-killchrist

How is any of this a "new progressive" order? Europe and the US have both been moving away from the "progressive" agenda for the last couple of decades. Social welfare programs and education aid have been slashed and now continue to be slashed in the name of "austerity."

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833937)



Reply

Date: June 5th, 2012 10:44 PM
Author: @xxxx[{::::::::::::::::::::::::::::::::::>

the author seems to think that a generous welfare state is progressive. are you saying that we should cut social benefits, which would hit women and minorities the hardest?

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833959)



Reply

Date: June 5th, 2012 10:45 PM
Author: michael yidd-killchrist

No, I'm saying that the author seems to be subtly blaming the welfare state when both europe and the US have been moving away from the welfare state for some time.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20833969)



Reply

Date: June 5th, 2012 10:52 PM
Author: @xxxx[{::::::::::::::::::::::::::::::::::>

how has europe been moving away from the welfare state? free tuition, free healthcare, free creche/preschool, long maternity leaves, low retirement ages

it varies by country obvs but it's pretty generous most places

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834014)



Reply

Date: June 5th, 2012 10:53 PM
Author: michael yidd-killchrist

generous but decreasing under leaders like Sarkozy, the last few UK PM's etc. Now decreasing more under "austerity" programs.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834025)



Reply

Date: June 5th, 2012 11:06 PM
Author: @xxxx[{::::::::::::::::::::::::::::::::::>

yeah but that's not "moving away from the welfare state," that's just being broke

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834158)



Reply

Date: June 6th, 2012 8:17 AM
Author: """'"'"'"

Lol. Sure thing you true believer krugmanmonger faggot

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835796)



Reply

Date: June 5th, 2012 11:11 PM
Author: .....,,.,.,.,..,.,.,,,,,.,.,.,.,.,.,,.

they have been moving away from the welfare state for a few years, not any meaningful period. the point remains valid.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834199)



Reply

Date: June 5th, 2012 11:27 PM
Author: LathamTouchedMe

Britain has been moving away from it for decades. Anyway the article is a simplistic scape-goat on olds. This crisis did not begin because of social security or high taxes. If we had the growth rates of the not too distant past these issues would be easily manageable.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834372)



Reply

Date: June 5th, 2012 11:59 PM
Author: @xxxx[{::::::::::::::::::::::::::::::::::>

some pension funds need to earn 8% to meet their liabilities, good luck earning 8% indefinitely

anyway, there's been a fundamental shift away from organic population growth, we're never going back to the 5 workers per retiree era

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834632)



Reply

Date: June 6th, 2012 9:46 AM
Author: LathamTouchedMe

Pensions while often a state budget issue, are not the cause of the current slump and the lack of opportunities for young people.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835971)



Reply

Date: June 6th, 2012 10:04 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

when faced with cutting workers or cutting pension benefits, what do you think boomer controlled unions pick first?

the loss of state and local government jobs is a huge problem for youngs.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20839848)



Reply

Date: June 6th, 2012 10:19 PM
Author: LathamTouchedMe

lol please. These cuts have resulted from a shit economy and our shit economy is the result of things like the financialization of the US economy; globalization; corporatist policies in education, healthcare, and banking; growing income inequality etc. Some it can't be controlled (globalization) but others are the result of stupid policies. Yes there is plenty of pension abuse but this represents a very tiny part of the American economy and is not the cause of our current woes.

What percentage of boomers have massive state gov employment pensions anyway? Most boomers will have a worse retirement than their parents who were more likely to have private sector pensions, contribution plans that were invested in a stock market that grew exponentially, and lower costs in the items that matter (energy, healthcare).

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20839921)



Reply

Date: June 6th, 2012 10:38 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

there are many causes of the crappy situation for youngs. all the stuff you listed are included. but the bloated pension system is a serious problem and the fact that unions are beholden to their pension funds (invested with our FRIENDS on wall st) affects their hiring and retention practices. unions are very corrupt and protectionist on this issue. i'm not for getting rid of pension funds because i buy into the cutting taxes or balanced budget reptile flame, i'm for cutting pension funding to use that money to fund programs to help youngs.

most boomers will have a worse retirement because of their own crappy, short-sighted choices, like dumping their "savings" into the stock market or trying to treat their houses like assets appreciating forever. that is, unless they make us pay for their retirements.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20840046)



Reply

Date: June 7th, 2012 4:56 PM
Author: ;;.;.;,;,;,;;...

You would characterize boomer investment in the stock market (say mid-70s until today) to have been short-sighted? Instead their "savings" should have sat in a bank account at 1.5% a year? In 1970 the Dow Industrial Average was 838, it hit 13000 earlier this year.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20843730)



Reply

Date: June 7th, 2012 7:12 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

yes. savings are savings. the stock market has an inherent risk and can remain irrational longer than you can remain solvent. i would never gamble with my retirement money.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844359)



Reply

Date: June 7th, 2012 5:13 PM
Author: LathamTouchedMe

They'll have worse retirements because the economy went into the shitter. I'm all for more investment in R&D and in industries other than old-people care. However, people have to understand that your average boomer is just a regular person who's been screwed and ultimately won't be receiving all that much. Most don't have pensions. Many have paid at least of portion of their child's outrageous tuition. They've faced massive increases in the cost of healthcare and energy. Their wages have been stagnant for over 3 decades. SS is not all that generous and unless you have a decent amount of savings to supplement it you're barely above poverty.

You can't assign blame on an average boomer for the complex financial events that have taken place over the past few decades.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20843812)



Reply

Date: June 7th, 2012 7:17 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

the boomer mentality allowed this to take place. they completely lack a sense of community and responsibility for others. in their own pursuit of happiness above all else they fell for an economic and political doctrine that was epic flame from day one. the entire generation got trolled while certain people made off like bandits.

i blame the boomer idiot who refinanced his house to send his kid to some shit private school and is now underwater. i blame the boomer idiot who gave him the loan. i blame the boomers in his neighborhood and community who sat back and said "it's not my problem" over and over again (and then lost their job in the massive recession caused by boomers A and B screwing up).

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844388)



Reply

Date: June 6th, 2012 9:18 AM
Author: Talib Kweli

Any programs that rely on high growth rates forever are fucked. You cannot grow forever.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835896)



Reply

Date: June 7th, 2012 4:31 PM
Author: "''"''"''''"

The UK's economy is levered nearly 10X GDP. They have no choice but to delever and sorry it destroys your shitlib welfare fantasy.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20843605)



Reply

Date: June 5th, 2012 11:21 PM
Author: MrJackson

Not welfare for olds. That isn't going anywhere.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834295)



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Date: June 5th, 2012 11:10 PM
Author: bill engvall

the fact that people in our generation have basically already given up on politics won't help either. the AARP probably has like 75% voting rate while 25 year olds are too depressed to care

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834190)



Reply

Date: June 5th, 2012 11:14 PM
Author: ..........,.

They aren't taken very seriously by politicians. Neither Romney nor Obama takes students that seriously.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834230)



Reply

Date: June 5th, 2012 11:15 PM
Author: bill engvall

because for all their yelling people in their 20s still basically don't vote compared to olds, who rush to the polls to pull the level for the aarp endorsed man

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834237)



Reply

Date: June 5th, 2012 11:22 PM
Author: ..........,.

yeah. this is true.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834306)



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Date: June 5th, 2012 11:24 PM
Author: flyfisher110

youngs will also just vote for anyone who is for gay marriage or other dumb social issues.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834343)



Reply

Date: June 5th, 2012 11:25 PM
Author: .,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,

titcr. fuck my dumb generational fellows.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834359)



Reply

Date: June 6th, 2012 8:18 AM
Author: """'"'"'"



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835797)



Reply

Date: June 6th, 2012 9:21 AM
Author: Talib Kweli

Need a website to organize the youth vote behind a unified economic interest. I wonder if votizen can do it or we should start our own.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835903)



Reply

Date: June 6th, 2012 1:18 PM
Author: rhodium1234

Yeah, this is the real problem.

I'm sick of hearing so much about gay marriage. I don't care about it and I'm sick of it taking up all the airtime, thought share, bandwidth, ink etc that it does. We have major structural issues in the US that need to be addressed somehow. Gay marriage and similar distractions (e.g., abortion) are not that fucking important and the endless rumination about them is one of the things that keeps us from actually solving our problems.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20836985)



Reply

Date: June 6th, 2012 3:39 PM
Author: oneforthethumb

Fuck you for telling me that abortion rights aren't important. I agree with you regarding major structural issues but I will never vote for an anti-abortion candidate.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20837631)



Reply

Date: June 6th, 2012 3:48 PM
Author: "'"'"''"""

(retard)

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20837657)



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Date: June 6th, 2012 10:05 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

insert any pet issue you want in there and you have the current political crisis. people voting solely on wedge issues.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20839863)



Reply

Date: June 7th, 2012 5:49 PM
Author: midnight souls still remain

thank you for demonstrating his point

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844003)



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Date: June 5th, 2012 11:16 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

all the 25 yr olds who should be out organizing youngs are working (more likely interning for nothing) in the boomer politico-industrial complex on either the left or the right.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834242)



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Date: June 5th, 2012 11:22 PM
Author: ..........,.

This is pretty true. And it's also true they don't vote a lot.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834300)



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Date: June 5th, 2012 11:24 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,

People our age are political but for stupid causes.

People care about what we call two gay people living together, but not the fact that we're being robbed blind.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834342)



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Date: June 5th, 2012 11:29 PM
Author: ..,.,...;;..,.,.,:,,:,...,:::,...,:,.,.:..,.,.

exactly. there are already 100 boomer interest groups devoted to every cause imaginable. except for looking out for youngs. i guess it is not prestigious enough for the junior strivers who fetch the coffee and blow the directors at all the non-profits and on the hill.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834395)



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Date: June 7th, 2012 5:55 PM
Author: midnight souls still remain

The problem is, the ones who can afford to be politically active are intelligent and/or the children of rich parents and don't give a fuck about the economic issues of pedestrian middle class whites since they, as rich kids, have already got theirs (just like the boomers)

rich kids: too rich to care about economic issues pertaining to the middle class

middle class/poor kids: too dumb to care about economic issues/play xbox

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844043)



Reply

Date: June 5th, 2012 11:37 PM
Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.

time to start brushing up on my guitar skillz and scouting busy streets. i'll sing about social issues and my generation.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20834483)



Reply

Date: June 6th, 2012 8:04 AM
Author: .,,.,...,,......,,.,,,.,.,.,.,.,.,,.



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835790)



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Date: June 6th, 2012 9:32 AM
Author: rot13dood

The author seems to think that being 'connected' to the government will help. That's complete BS. Govt's are slashing spending and freezing hiring all over the place.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20835939)



Reply

Date: June 6th, 2012 10:42 AM
Author: and when i started to squeeze the bar brother (service guarantees citizenship)

pretty sure he meant being "connected" a lot higher up than being a mere employee

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20836178)



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Date: June 6th, 2012 10:46 AM
Author: .,.,..,,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.

"America spends 2.4 times as much on the elderly as on children."

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20836202)



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Date: June 6th, 2012 3:52 PM
Author: Proledrift

This is disastrous.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20837671)



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Date: June 6th, 2012 3:54 PM
Author: DatNiggyTB ( )

i didn't read the article. is this normalized for population difference?

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20837677)



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Date: June 6th, 2012 6:04 PM
Author: My Prole Called Life

Fuck the olds and the children. I got shit and I still get shit. Who's looking out for the early twenties?

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20838499)



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Date: June 6th, 2012 6:08 PM
Author: sealclubber

the elderly have contributed a much higher ratio of benefit to America

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20838526)



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Date: June 6th, 2012 6:19 PM
Author: My Prole Called Life

And now they're destroying it.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20838600)



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Date: June 7th, 2012 5:19 PM
Author: sealclubber

by having lazy kids who don't contribute shit to America

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20843847)



Reply

Date: June 6th, 2012 3:32 PM
Author: boomer firing you to conserve one paperclip



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20837603)



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Date: June 7th, 2012 5:46 PM
Author: midnight souls still remain

boomers: turn out to vote at rates exceeding 60% in presidential election years and 50% in congressional years (http://www.census.gov/compendia/statab/2012/tables/12s0399.pdf ), enabling politicians to pander and legislate in their favor at the expense of younger generations

you: ignore economic issues for of social wedge issues, play xbox

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20843987)



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Date: June 7th, 2012 6:28 PM
Author: .,;'.,;'.,.;'.,.;'.,,.;,;.;,.''';[;.,,'

there's going to eventually be a mass pogrom of olds

its the only way out.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844189)



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Date: June 7th, 2012 7:11 PM
Author: midnight souls still remain

they'll just give out free wiis before that happens

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20844356)



Reply

Date: June 8th, 2012 4:57 PM
Author: midnight souls still remain



(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20849840)



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Date: June 8th, 2012 5:04 PM
Author: ,,.,.,.,.,.,.,.................

Remember this also - boomers developed feminism and diversity initiatives to throw more and more labor supply into the workforce but to compete for the same jobs. So now 3 times as many people are applying for the same amount of jobs, lowering wages and creating extra burdens on businesses to avoid discrmination lawsuits.

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20849907)



Reply

Date: June 8th, 2012 5:28 PM
Author: |||||| | ||| || | ||||||| ||

This is all byproduct of heeb media outfits. The only pogrom should be of jews and their allies

(http://www.autoadmit.com/thread.php?thread_id=1964277&forum_id=2#20850026)