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Why the baby boomers shouldn't feel guilty

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Comments

  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Graham_Devon wrote: »
    Do you have many dicussions with younger people specifically about babyboomers?

    If not, its probably why you aint hearing it and they aint talking to you about it.

    I wasn’t talking specifically about babyboomers what I was saying is they just get on with their lives even though some of them have worse lives than some of the people moaning on here, are you really saying most young people sit around moaning about babyboomers.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ruggedtoast wrote: »
    I've lost interest in debating with you now the ad hominem attacks have started, but you may want to look up generational theory, and particularly the 'silent generation' in the eventuality you want to learn something.

    A nice cop out :) but please put us out of our misery, were your parents Baby Boomers?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ukcarper wrote: »
    You have a bugbear about this but anyone born after 1954 will have to work an extra year, which includes half the baby boomers. The woman complaining were complaining that they would have to work an extra 2 years even after the changes many will still have to work an extra 18 months.

    Six years if you include the previous adjustments.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • WhiteHorse
    WhiteHorse Posts: 2,492 Forumite
    Sibley wrote: »
    To be honest who cares? If ur a baby boomer you have loads of dough. Do u care about FTB's? I don't.
    We dont owe them a living,
    Ah, but it's not so simple.

    Boomer investments depend for their continued viability on the work of the current, and probably the next, generation.

    If younger people were to refuse to work, or if the system were to collapse to the point where there is not enough work, boomer investments would be worthless.
    "Never underestimate the mindless force of a government bureaucracy
    seeking to expand its power, dominion and budget"
    Jay Stanley, American Civil Liberties Union.
  • ILW
    ILW Posts: 18,333 Forumite
    WhiteHorse wrote: »
    Ah, but it's not so simple.

    Boomer investments depend for their continued viability on the work of the current, and probably the next, generation.

    If younger people were to refuse to work, or if the system were to collapse to the point where there is not enough work, boomer investments would be worthless.

    I thought we all had at least 2 or 3 BTLs.

    If the current generation do not want to rent them, then immigrants will.
  • WhiteHorse
    WhiteHorse Posts: 2,492 Forumite
    ruggedtoast wrote: »
    It's what most of them [boomers] think as well.
    Yes indeed.

    What is really repulsive about boomers is their hypocrisy. At the time, they spouted endlessly about 'rights' and 'equality'. Now that it's time to cash in, that all goes out the window.
    "Never underestimate the mindless force of a government bureaucracy
    seeking to expand its power, dominion and budget"
    Jay Stanley, American Civil Liberties Union.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ukcarper wrote: »
    I wasn’t talking specifically about babyboomers what I was saying is they just get on with their lives even though some of them have worse lives than some of the people moaning on here, are you really saying most young people sit around moaning about babyboomers.

    No, I was suggesting exactly the opposite.

    This is a forum about the economy. So of course you are going to get more discussion about such things here than you will walking down the street.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I think part of the intergenerational theft theory are the huge public sector deficits we have today. It is interesting that when the first Baby Boomer was born in 1945 the Govt Debt/GDP was far higher than it is today due to the previous world wars.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Graham_Devon wrote: »
    No, I was suggesting exactly the opposite.

    This is a forum about the economy. So of course you are going to get more discussion about such things here than you will walking down the street.

    True but then if people are as provocative as ruggedtoast they should expect a response. Mind you he is probably a wind up merchant like MrRee we are probably being just as stupid as the people who respond to him.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ukcarper wrote: »
    True but then if people are as provocative as ruggedtoast they should expect a response. Mind you he is probably a wind up merchant like MrRee we are probably being just as stupid as the people who respond to him.

    Certainly gives that impression, she is probably some 65 year old fat cat state employee with a Govt pension, State pension (from 60) and free bus pass :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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