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As a boomer I feel I have an insight into the mentality of the first real self entitled generation and their antics. To be honest boomers were and always have been about "me".

They were a generation that refused to serve, spit on those who did and then in the 1980's suddenly became a generation of chickenhawks willing to send someone else's kid into combat without batting an eye.

They were also, at times throughout their history selfless and extremely moral people who fought for things their parents or grandparents never would have. Besides the astounding number of physical and scientific accomplishments they also fought to make the world a better place and did more for furthering human rights, and equality than anyone should or could have expected.

By the same token though, alot of them willingly shelved their high moral standards much like the previous generations they despised, for nothing more than pure unadulterated greed. And to this day as a generation, the boomers seem to be willing to trade that human currency for a monetary one, while still trying to fight the moral and ethical battles of the 1960's in a world full of other self indulgent assholes that they created who, don't want anything to do with them or their ideals.

Like it or hate it. The world you live in has been shaped by the largest generation ever born and a alot of the good you enjoy is there because of them, but by the same token so is alot of the bad. If I had one word to describe the Baby Boomer Generation it'd likely be "oxymoron" because they were always a fluid, overly influential generation who attempted to shape the world into what they thought a better world should be while still managing to rape it repeatedly for personal gain.

But, given what I see as the unwarranted hatred shown towards the Boomers, I'll wait until someone comes out with a list of accomplishments and follies for Generation X, Generation Y and the Millennials so we can compare before calling the boomers the "worst generation" ever.

   

Most of the complaining about the Boomers rings about the same note as Socialists and Communists complaining about the kulaks.

Most of it.


However, the Boomers should be blamed for never contributing enough to the CPP, to the point
where it now has a trillion $$$ of unfunded liabilities, pointing back to when I forget who tried to index seniors pensions, and the Boomers got all angry.
Cretin maybe ?

They can also be blamed for the massively wild immigration we have suffered over the past 30 years,
with the excuse that all those migrants are needed to pay for those pensions.
A completely unsustainable situation that will lead to our downfall.

Lastly, as a GenXer (barely) I grew up feeding on Boomer crumbs, because all the top jobs
in the economy were taken. I was hoping there would be some room to move up the ladder once the
Boomers start retiring, only to find out most Boomers are completely unprepared,
and will continue working in addition to collecting that pension.
And then get heralded in the media as heroes.

All the old farts need to retire, to make some room for the next generations coming up.
It's why so many millenials can't get going, because of this bottleneck.

Oh and you can take the blame for the housing bubble as well.

   

And yet despite all the bellyaching and bitching. Gen X and Gen Y are going to carry on with even more immigration and higher CPP contributions to be given out as loans to foreign countries. Go figure. Oh and let's not forget that they aren't trying to fix the housing bubble either because higher housing costs lead to more taxes which leads to even more legacy projects and give aways.

https://www.thestar.com/news/immigratio ... -2020.html

http://business.financialpost.com/perso ... h-the-roof

But, while we're at it let's discuss the CPP program in a little more detail. It wasn't designed to supplement following generations. It was designed so each generation of workers pays for their own retirement. So all this complaining about boomer using up all the money is a moot point. Until the following generations pay into it they won't get dick out of it and wanting the boomers to pay for the retirement of the following generations is bullshit because the system wasn't designed that way.



http://business.financialpost.com/news/ ... an-wallets


So, you'd think that after watching the boomers supposedly fuck everything up the following generations would change the way things are done? But given their actions when they got power it would appear that they aren't going to change things one iota which leads me to believe that either the boomers didn't fuck up as badly as people claim or the following generations are to lazy to fix the supposed problems the boomers caused.

The only thing I'll agree with is that some of the boomers fucked up and didn't plan for their retirement and life after work which means they consequently now have to keep working to keep a roof over their heads especially since everything costs alot more than it used to. I realize it isn't fair but everyone's got to eat and that even includes the people who screwed up or, never had a chance, because despite the misconception that every boomer was the CEO of a big Corporation there were actually alot who had menial jobs that just made ends meet and didn't allow for alot of savings. Then, of course as per your Complaint. There's the group that doesn't need to but still wants to work because society defines a person's worth by their employment and these are the ones you'll have to get rid of to get your advancements. A problem that I wish you luck with given how entrenched they are.

Oh, and one final thing. The boomers didn't cause the housing bubble they were caught in it just like everyone else. There are good reasons why our housing costs so much and it sure as hell wasn't because the boomers wanted it. It was caused by things like:

Lack of supply
Low interest rates ( BTW the boomers got the privilege of paying 21.46% interest rates courtesy of the Liberal gov't back in the 80's, now that's low interest rates)
Foreign buyers
Speculators.

http://business.financialpost.com/perso ... h-the-roof

Nobody said the boomers like other generations didn't fuck alot up but, blaming them for every ill that's befallen or going to befall the succeeding generations is pure bullshit and just isn't true.

   

Continuing the bad decisions is not the issue here.





This is my whole point, you haven't paid your own way.

Only CPP.
Only CPP, not OAS GIS, those are general gibs which have their own problems.

Only CPP.


Has almost a trillion $$$$ unfunded liability.
From a system setup when there were many payers, and few takers, who btw
the first generations got it for free because they paid NOTHING into it.

CPP was set up for 3%, it is now at 5%.
It should have been set back in the 60's at 5%, with no maximum contribution limit.
Maybe even more because average life expectancy has gone through the roof.


Soon we move from a system of many payers and few takers, to
a system with fewer payers and many takers.

https://en.wikipedia.org/wiki/Canada_Pe ... 66_to_1996
https://www.fraserinstitute.org/article ... overnments

Before BF starts whining, we are discussing how much CPP has been underfunded.
And it will get worse as more Boomers continue to retire.
Simply put, the Boomers never put enough money in, and are now taking more out.






Xers eating crumbs, trying to get some of the leftovers before it all blows up.
Anyone reading this forum who is close to 50, will get very limited benefits
because the Boomers will bleed it dry.




More contributions and a better system for Retirees would help this.
But at least we agree on something.

[/quote]

Who made the rules on foreign buyers and speculators, land use rules, etc. ?
My parents lived through 20% mortgage rates. That money went to the banks,
not the government. Don't buy what you can't afford, remember ?

   

....more fake news. Quelle surprise!

Breitbart quoting UKTelegraph on the same day = international conspiracy to spread fake news

   

Fucking pussies don't like being called snowflakes?

   

A survey by an insurance company is a 'study'?

Well the only people that would believe that is . . . oh yea. The same people shouting 'fake news' while propagating it. Those people.

   

So you are saying that nothing in the survey is correct, it's all fake?

   

Who? You mean like Dan Rather, Brian Williams or Brian Ross? Those guys.

These ladies pushing the "Hands up. Don't Shoot," Michael Brown was just a gentle giant lie?



People like that, maybe?

BTW I've seen Global Warmongers push Insurance company studies and defend them with outrage when somebody suggests an ulterior motive.

   

   

It's probably all true, and probably all irrelevant. 'Surveys' are meant to show public opinion, not any sort of statistical trend or any sort of reliable information.

Which is what a 'study' is meant to do. Confusing the two makes for what is known as 'clickbait' and 'fake news'.

   

A Netflix doc I saw recently, 'Saving Capitalism', the guy was chief economist under Clinton and teaches University, and he lamented that a person could work a full time job, even two full time jobs today, and not make it. That's why Capitalism is broken.

Even Henry Ford knew that he had to price his car so that his employees could afford it, or he wouldn't have a market.

   

And then nail the consumer on the price of replacement parts.

   

Ink cartridges anyone.

   

About 10 years back I took advantage of a deal where a printer with ink was cheaper than the replacement ink cartridge alone.

I bought six of the printers and as they ran out of ink I threw them away and opened up another one.

It made economic sense but it went against my grain to toss out functional equipment. I just couldn't justify an $89 print cartridge on a $39 printer.

   

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