- Jan 14, 2008
I'm from the generation you mention. My country (UK) is in a mess too. BUT, I never got to vote for or against all the things you mention. Our governments for all my adult life promised cake for breakfast, dinner, lunch and tea. Then each and every one of them contributed to the mess we are in.I assumed you were talking about humanity continually improving their situation despite the older generation saying the younger generation is no good from time immemorial.
The girl has some valid points, like the fact housing didn't cost a huge fraction of an average paycheck when boomers were starting out. My parents lived through all those things. Yet they were still able to buy a house with just my father working for most of my childhood (mom went back to work when I was about 10 but she went out on disability about ten years later). Both of my parents had pensions also. Common for older baby boomers and my parent's generation, almost unheard of these days except for government jobs.
Most of the criticism from her generation though is that the boomers are the greediest generation in history. Everything they did which advantaged them they got rid of for the next generations. Some examples:
1) They spent their youth getting high but once they got in power they passed draconian drug laws, even for small amounts of pot.
2) Many didn't bother repaying their student loans but they made it virtually impossible for the following generations to get out of that.
3) As youths they fought for a social safety net. Once they started making lots of money they resented paying the taxes these programs cost. Enter trickle down economics, which is really just a way to convince average working stiffs to support lower tax rates on the wealthy.
4) When they got in charge of businesses, they systematically got rid of pensions, let compensation grow slower than inflation, etc.
5) They killed many viable companies by cutting to the bone in exchange for short-term profits which made them look good to Wall Street. By the time these companies went under, they moved on to the next victim.
6) They cut funding for public transit, forcing people to own cars even in places where one wasn't needed at one time. Their formative years may have been spent on the open road with little traffic. Once everyone started driving, it became a lot slower and less pleasant.
There's a lot more than that actually:
Wonder why everything is so expensive these days? It's because boomers got greedy.Boomers' greed is to blame for high prices and crippling shortages — and now millennials and Gen Z are forced to deal with the mess they left behind.www.businessinsider.com
In sector after sector, as boomers took ownership of the economy's assets, they essentially pulled up the ladder of investment in favor of maximizing short-term personal gains.
So yeah, while some of what this girl is saying is BS, she does have a point. The boomers even ruined things for the tail end of their own generation, namely those born from 1960 to 1964.
The recent gains workers have made are good news. The reason most likely is the fact boomers are slowly but surely losing their grip on power as they age out.
It's all to easy to blame the boomers but we were all too busy holding down jobs, paying a mortgage and raising children. My parents' generation were the same. My father started work at age 12. He was a farm worker looking after horses. It was all he was qualified to do. And yet my mum and dad put a roof over our heads, fed us, loved us and ensured we got a decent education. That's all you can hope for (as a start) in life. The rest is up to you and I refuse to apologise for the fact that my "success" in life is actually down to the hard work and sacrifice of several generations.