Do baby boomers feel guilty about shafting younger generations?

carolt · 20 February 2010 at 12:40AM

wageslave wrote: »

But that wasn't what made them their cash Cleaver. Seriously.

They bought property and it went whooooooom.

I am not saying they should feel guilty. They worked and made a quid and that is perfectly acceptable.

But every generation owes the next one.

I owe my daughter and my Ma owes me. The last generation gives way to the next. It is why we weren't created immortal.

When you make a killing on something and by that deny the people coming behind you a stake in the future then by all that is decent, you owe them some kind of a start.

Let me put it on a personal basis, I am useless at abstract stuff.

My Da made a huge amount of money buying property. I have made (well nothing even approaching what he made) but I have made a bit.

I have a daughter coming up. As my Da had.

Should I just laissez le bon temps rouler or should I look to the next generation and hope that she in her turn will do the same?

It isn't about guilt but it is about obligation.

Fabulous post, wageslave. Thanks.

sss555s · 20 February 2010 at 12:43AM

Do baby boomers feel guilty about shafting younger generations?

First off i'm 4 years before your "younger generation" and i bought at 24 and prices didn't rise much for 10 years so it would be fair to move your "younger generation" on 6 years.
No one felt sorry for us back in the late 80's (or previous generations) when we were in a similar situation so i doubt they will for you.

As time goes on things will come round full circle and you will be looked on as a potential "baby boomer" for the young of the next downturn, you just need to be patient.

wageslave · 20 February 2010 at 12:46AM

no_fat_chicks wrote: »

Sorry if it offends you but I feel strongly about the unethical overfeeding of young poultry for capitalist pursuit of profit within the meat industry.

I admire your enthusiasm.

Chickens everywhere are singing your praises

Kohoutek · 20 February 2010 at 12:48AM

carolt wrote: »

Which is because old people bother voting.

I agree with baby boomer's point earlier, that young people need to be more politically active if they expect their voice to be heard.

True...we live in apathetic, depoliticised times. Pretty different to those who grew up when the Luftwaffe were dropping bombs on Britain or the social turbulence in the seventies and early eighties.

I think when young people wake up to the reality of the coming decade of high taxes for the working and mass unemployment for many they'll be trouble the government isn't anticipating though. Disaffection with politics and unemployment is not a good combination for young people.

wageslave · 20 February 2010 at 12:59AM

sss555s wrote: »

First off i'm 4 years before your "younger generation" and i bought at 24 and prices didn't rise much for 10 years so it would be fair to move your "younger generation" on 6 years.
No one felt sorry for us back in the late 80's (or previous generations) when we were in a similar situation so i doubt they will for you.

As time goes on things will come round full circle and you will be looked on as a potential "baby boomer" for the young of the next downturn, you just need to be patient.

Yada yada

Go to the nice peoples thread and delete everything.

Immediately

carolt · 20 February 2010 at 1:04AM

I just looked wageslave, having not looked for a while and I can assure you the few remnants left are entirely gobbledegook to all like me who didn't read them in context earlier.

Chill.

Running_Horse · 20 February 2010 at 7:15AM

I too was born 4 years before the years quoted. Never realised I was a baby boomer. Certainly not during the years of negative equity and sky high interest rates when I nearly lost everything. Nor when my pension was stolen and gradually eroded. And not when my job was outsourced to Malaysia. I would like lower house prices for my daughter, but if not then I'll help her as much as possible. You don't hear immigrants moaning about what they think is owed to them; they just take the opportunities offered. For those who think they have it hard now, a few words from Morrisey:

You just haven't earned it yet baby,
You just haven't earned it my son.

Jonbvn · 20 February 2010 at 8:06AM

Cleaver wrote: »

..... it wasn't as if boomers sat round and made a decision to currently become rich.

Maaan!

Didn't you know the meeting was held in 1969 to decide that we would all get rich off the sweat of the yet to be conceived yoof?

Far out!

Jonbvn · 20 February 2010 at 8:15AM

Radiantsoul wrote: »

Life is pretty easy for anyone lucky enough to have been born in England in the last 60-70 years.

But what about us poor b*ggers in Scotland, Wales and Ireland? I'm still doing 72 hours shifts, and licking the road for breakfast, and we're lucky!;)