Boomers in Trouble: The Unheralded Economic Mega-Trend

[Scataphagos]

Quote from ByLoSellHi:

Our system fails to financially penalize destructive behavior, and fails to reward constructive behavior.

Quite the opposite, really.

If you educate yourself, work hard and are successful, the government TAXES THE CRAP OUT OF YOU!

If you sit on your ass watching Oprah while you pig-out on Cheetos and Pepsi... all the while having multiple kids with multiple fathers, the government sends you an ever bigger monthly check.

 

[Illum]

Quote from Scataphagos:

Quite the opposite, really.

If you educate yourself, work hard and are successful, the government TAXES THE CRAP OUT OF YOU!

If you sit on your ass watching Oprah while you pig-out on Cheetos and Pepsi... all the while having multiple kids with multiple fathers, the government sends you an ever bigger monthly check.

As the hippy boomers wanted it.

 

[wareco]

Quote from Arthur Deco:

BLSH, where do you live that you have such a cheery disposition? On an iceberg in the Bering Sea? Come to North Texas, where everybody says: "Recession? What recession?" It's all a matter of fiscal prudence or lack thereof where you live.

Funny. I was thinking the same thing back in the 80's when Texas was on it's ass.

 

[short&naked]

Quote from killATwill:

the boomers will never be in trouble. they comprise the biggest voting block and therefore will continue to pass legislation that passes the buck of their profligacy to younger generations. boomers have made a profession of raping the young and will not cede power until they die off.

Incorrect. Soon the Gen X/Y will be the largest voting block.

 

[jprad]

Quote from jjf:

Agreed. But most ill health arises as the result of poor neglected self maintenance.

Just as surgeons will not perform on smokers, why not apply the same rules to obese people.

None of us has time to wait for gov. to do sensible things and it is far better to take care of ourselves as much as is possible.

I'm completely with you when it comes to smoking, but not at all when it comes to obesity.

The sad fact is that everyone is not created equally when it comes to how well their body metabolizes the food they consume.

Some people are simply blessed when it comes to the genes. They can eat to excess and barely gain any weight while another, eating the same quantity will blow up like a balloon.

And, then there's the food industry themselves. Not only do they have a pretty deep understanding of the brain's addictive capacity, there's also the non-naturally occurring additives they use to stabilize, preserve and enhance texture & taste.

At the very least there has to be some measure of responsibility for the government for even allowing this crap to get produced and sold.

 

[Scataphagos]

Quote from Illum:

As the hippy boomers wanted it.

Not a "Boomer only" trait. And while there are Boomer welfare parasites, isn't the wealthiest generation the Boomers?

If so, then didn't they make the most money, provide the most prosperity for the country, and pay the most taxes?

 

[Halal Burger]

Quote from Scataphagos:

Not a "Boomer only" trait. And while there are Boomer welfare parasites, isn't the wealthiest generation the Boomers?

If so, then didn't they make the most money, provide the most prosperity for the country, and pay the most taxes?

They didn't make any money, they created and inflated the largest asset bubble ever. Now that it's popping they are looking to the younger generations to bail them out.

 

[Scataphagos]

Quote from Halal Burger:

They didn't make any money, they created and inflated the largest asset bubble ever. Now that it's popping they are looking to the younger generations to bail them out.

Wow... for someone with such a strong and hateful financial opinion, your economics and political knowledge is amazingly scarce.

Not one time in my life did I hear a Boomer tell Congress, "give me something and charge it to my kids and grandkids."

 

[Halal Burger]

It's called "Generational Theft".

Just because you're not aware of your actions doesn't mean that you're not carrying them out.

 

[jprad]

Quote from Halal Burger:

It's called Generational Theft.

Just because you're not aware of your actions doesn't mean that you're not carrying them out.

Ignorance is no excuse, is that it?

Well, what have you been doing to stop it? If all you've been doing is criticizing it then you're as guilty as the next guy.