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...Which is why the large incumbents and aging boomers without sufficient retirement savings are currently bleeding off as much money and future earnings as the

...Which is why the large incumbents and aging boomers without sufficient retirement savings are currently bleeding off as much money and future earnings as they can in an audacious eleventh-hour raid. Y'know, if it's too audacious, the reprisals are gonna be financially brutal once the pendulum swings back. Two can play at the game of literal and baldly-stated wealth redistribution, if that becomes the norm. But by then most of the current decision makers will be dead, so who cares?

cmurf 9y ago
Indeed. I point to Half Life (ST:NG), the Resolution. That's the compulsory suicide episode once you reach a certain age. As an Xer over 40, I'm definitely more sympathetic to Millenials than the Boomers. My stereotyping: The Baby Boomers politically have bought off Democrats and Republicans to get the lowest top bracket tax rates seen since income taxes began, but they demand complete payout of Medicare and Social Security benefits without any haircuts, while also exploding the national debt, and supporting optional wars of aggression. This compared to the prior generation who taxed themselves like crazy while still building massive private and public infrastructure, balancing the budget, and having middle class wealth that was the envy of the world. At best, Baby Boomers are coasters. At worst, Baby Boomers are a useless generation that has given us nothing terribly useful or innovative. Millenials early on grew up with the idea they could coast like the boomers, and then the 2008 financial crisis happened, and they had a rude awakening. Why do I give more crap to Baby Boomers? Because they've had their chance and they pissed it away. They have left the country far worse off financially, and massively wealth disproportionate, compared to the country they were handed. Whereas the Millenials had been, up until about now, young and entitled to be a little stupid and irresponsible - but they did not make this bed at all. Anyway, it's going to be up to Millenials and Xers to deal with it.
- leggomylibro 9y ago
  Empathy, buddy. The USA is a great experiment because it constantly tries to improve. These issues of corruption and blatant self-interest are not new or uncommon. But we can do better.

cmurf 9y ago

Indeed. I point to Half Life (ST:NG), the Resolution. That's the compulsory suicide episode once you reach a certain age. As an Xer over 40, I'm definitely more sympathetic to Millenials than the Boomers. My stereotyping: The Baby Boomers politically have bought off Democrats and Republicans to get the lowest top bracket tax rates seen since income taxes began, but they demand complete payout of Medicare and Social Security benefits without any haircuts, while also exploding the national debt, and supporting optional wars of aggression. This compared to the prior generation who taxed themselves like crazy while still building massive private and public infrastructure, balancing the budget, and having middle class wealth that was the envy of the world. At best, Baby Boomers are coasters. At worst, Baby Boomers are a useless generation that has given us nothing terribly useful or innovative. Millenials early on grew up with the idea they could coast like the boomers, and then the 2008 financial crisis happened, and they had a rude awakening. Why do I give more crap to Baby Boomers? Because they've had their chance and they pissed it away. They have left the country far worse off financially, and massively wealth disproportionate, compared to the country they were handed. Whereas the Millenials had been, up until about now, young and entitled to be a little stupid and irresponsible - but they did not make this bed at all. Anyway, it's going to be up to Millenials and Xers to deal with it.

leggomylibro 9y ago
Empathy, buddy. The USA is a great experiment because it constantly tries to improve. These issues of corruption and blatant self-interest are not new or uncommon. But we can do better.