LogFAQs > #930133327

Ehh. As sad as the people who are bothered by it might be, the people using it in the first place are still mostly idiots themselves, so you're basically left with a fight where both sides are kind of terrible.



ExtremeLuchador posted...

All the boomers I know are broke. They hit up their kids for money or housing.

This is at least in part because most Boomers spent the early years of their life being constantly told they wouldn't have to save for retirement because social security had them covered, along with whatever pensions or retirement support they'd be getting from work. So they should spend as much as they could because it was good for the economy.

Then they got old, and most of the safety nets completely fell apart because they were little more than a pyramid scheme in the first place, and everyone panicked because they realized they were going to be fucked. Which is around the time you started hearing financial planners start talking up 401ks and saving up for retirement funds

Granted, some Boomers were clever, and some were just ruthless, and now have a lot stashed away to cover all of their worries. But most of them are just starting to hit the point where they're realizing they were lied to their entire lives and now they're kind of fucked.

Of course, since they're old, and old people vote, and politicians pander to the older demographic because they vote, expect to see more and more social programs to support the elderly get passed in the near future, which put even more tax burden onto the young, preventing Millennials from ever managing to make or save any money of their own. So who's really getting the last laugh there?
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