Friday, January 20, 2012

Welcome To The Third World, Part 4: Boomers Reap What They’ve Sown



It was fun while it lasted. We Baby Boomers got to diss our elders when we were young and borrow without restraint through middle-age. Few generations have traveled such a smooth stretch of financial/psychological highway.

But now that we’re…old…the world we created isn’t so congenial. Our savings are inadequate, jobs are scarce, and retirement, as a result, is out of reach for many of us. We are, in short, reaping what we’ve sown these past four decades. From today’s Wall Street Journal:

Oldest Baby Boomers Face Jobs Bust 
Many older Americans fear they will be working well into their 60s because they didn’t save enough to retire. Millions more wish they were that lucky: Without full-time jobs, they are short of money and afraid of what lies ahead. Read more.....

3 comments:

  1. here we go again! playing off one generation against another. black against white,rich against poor,men against women......sounds like OBAMA PUKE wrote this crap???

    ReplyDelete
  2. The Boomer generation is the the worst generation in the history of the US. They raised their children like dogs and then abandoned them.

    ReplyDelete
  3. 02:35PM, SOUNDS LIKE YOU HAVE A PERSONAL PROBLEM? DID YOUR DADDY GO AND NAME YOU "SUE"???

    ReplyDelete

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