The Boomer Legacy: An Economic Mess

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The online version of my July Research magazine column is available today. In it, I take my baby boomer generation to task for failing to live up to the legacy of those who came before us — most specifically the “greatest generation.” Here’s a taste.

America has been left largely in the hands of us baby boomers, more than 75 million strong. And even though we’ll deny it vociferously, the evidence is clear that we’ve made a mess of things pretty much across the board, in large measure due to our unwillingness to put the interests of our children first. In sum, we are selfish, entitled toads who hate our kids.

I hope you will read the full piece as well as the entire issue of the magazine.

The Boomer Legacy: An Economic Mess

4 thoughts on “The Boomer Legacy: An Economic Mess

  1. I hope you are being facetious.

    Otherwise I don’t believe other things you say any more.

    *Myrna L. Grigsby*

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    *From:* Above the Market [mailto:comment-reply@wordpress.com] *Sent:* Friday, June 24, 2016 3:26 PM *To:* myrna@myrnagrigsby.com *Subject:* [New post] The Boomer Legacy: An Economic Mess

    Bob Seawright posted: ” The online version of my July Research magazine column is available today. In it, I take my baby boomer generation to task for failing to live up to the legacy of those who came before us — most specifically the “greatest generation.” Here’s a taste. A”

  2. I haven’t read the article yet, but the title neglect a couple things: WWII generation gave itself lifelong social security pensions, allowed double dipping for accessing social security when also getting a government pension, and also created artificial boundaries for Israel. Maybe the baby boomers are to blame for the world’s problems, however the political mess we are in now started much earlier than baby boomers – what should be brought up is how many executives graduated from Yale, Princeton, or Harvard and were either in government, federal reserve, or wall street firms during financial crisis, and how they managed to dump their errors onto tax payers while walking away with the lowest cost of capital in history rather than jail terms.

    I’ll read – you always have an interesting perspective. However, the generational warfare should not put all the blame onto baby boomers. Seems to me, the high costs of “politics as usual” started long before baby boomers were born.

    Ken

  3. Pingback: 06/27/16 – Monday’s Interest-ing Reads | Compound Interest-ing!

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