the greediest generation

When bridges start falling into rivers and onto other roads, when tunnels start collapsing due to inadequate inspection and repair, and water costs start skyrocketing due to large, unseen leaks below-ground, you have no choice but the pay the piper. them say they have become more conservative on economic, social, foreign policy, moral, and legal issues as they have aged. [34], Members of the World War II generation in Germany came of age following World War I and the German Revolution of 19181919. The brilliant Harvard professor, Niall Ferguson, describes the traditional intergenerational compact as our most important social contract and one that is being broken in Western economies. ", We boomers are also preying on children in a more insidious way: We're running up their debts, both by creating new entitlement programs and by running budget deficits today. Please try again later. We boomers should be the first to use this tool. My eyes got squinty and my face got red. I think she is a little ticked off! 1:38. Laurence J. Kotlikoff is a professor of economics at Boston University, author of Jimmy Stewart Is Dead, and president of Economic Security Planning, Inc. As of 2019, approximately 389,000 of the 16 million Americans who served in World War II remain alive. The Great Depression also greatly influenced literature and witnessed the advent of comic books, which were popular with members of this generation with such characters as Doc Savage, The Shadow, Superman and Batman. You and yours have bankrupted America for the sole purpose of advancing your pathetic political careers. Critiques about generations often begin by noting the lack of agreement around birth years. The Social Security mess was created by the Greatest Generation and the Boomers were left holding the empty bag.. And because the boomers vote, and younger generations havent yet started to band together for self-protection, its likely that the boomers will get their way which means unaffordable health care could bankrupt Canadas governments. Anyone can read what you share. The aged pension costs us $42 billion a year and is estimated to grow at 6 per cent a year over the next 10 years far higher than any predictions of inflation, GDP growth and real wage growth. The term Generation Jones was first coined by the American cultural commentator Jonathan Pontell, who identified the cohort as those born from 1954 to 1965 in the U.S., who were children during Watergate, the oil crisis, and stagflation rather than during the 1950s, but . As a career politician, you have been on the public dole for FIFTY YEARS 2. Laurence Kotlikoff, an economist and fiscal expert who with Scott Burns wrote the excellent and scary book "The Coming Generational Storm," calls this "fiscal child abuse.". And now that their warnings are clear enough, and blunt enough, and the results are obvious enough, that we can no longer ignore them, we are hiding behind excuses, either pretending were not at fault, or claiming poverty. Our rate of domestic investment was also in the 10 to 15% range in the 50s and 60s. Simpson caught plenty of flack for the comments at the time. Returning German veterans found their country carved up into four zones of occupation; later becoming West Germany and East Germany. 24 November 2010. Heres the excerpt: Anyway, have a look at it and if you should choose, you might communicate with me. Over 16 million Americans served in World War II, the majority being members of this generation. Former U.S. senator Alan Simpson summarized the argument well: seniors fighting Social Security benefit cuts were nothing more than "greedy geezers" stealing from young people "who are going . The ones who voted themselves everything then as they began to age, began to pull up the ladder. When I think about the kind of world we are turning over to our children, it is That's right, sir. One measure of how children have tumbled as a priority in America is that in 1960 we ranked 12th in infant mortality among nations in the world, while now 40 nations have infant mortality rates better than ours or equal to it. Of course we should ensure people and business pay their taxes. Wagner, a likely 2018 candidate for governor . . Instead, were most likely going to enact relatively modest tax hikes (some have already been made) and slowly trim Social Security and health care benefits. By Paul Walker. [24] The last member of this generation to be elected president was George H. W. Bush (19891993), and as of 2023 the last surviving president from this generation is Jimmy Carter (19771981). Pelzer, Jeremy. Not surprisingly, the Bush administration took a look at the study, blanched, and declined to publish it. In July, Baby Boomers should vote for posterity and not for themselves. It's a bum rap, although he is noted as a world-class liar. And this is not to imply that other generations are or were angelic in comparison to the boomers, because thats not true, either. Once we recognize the crushing burden the current system will place on our kids and grandkids, well see that reforming government spending programs (including entitlement programs)on our backs, not on our kidsis the only way to go. Generation and the "Triumph of the Squares", "U.S. income inequality, on rise for decades, is now highest since 1928", "Life and death during the Great Depression", "Timeline: American Generations since 20th Century", "Research Starters: US Military by the Numbers", "The World War II Generation and Vietnam", "Political Behavior and Values Across the Generations", "The Greatest Generation is quickly slipping into history", "World War II According To Hollywood's Greatest Generation", "The Movie Biz: The Greatest Generation's war", "Consider War Stories Without Romanticizing Them", "Dangerous Nostalgia: Why Romanticizing the 1950s and 1960s Won't Get Us Anywhere", "What Millennials Can Learn From the Greatest Generation", "A 104-year-old World War II veteran from Alabama has survived Covid-19", "Boris Johnson hails Britain's 'greatest generation' as he thanks WWII veterans on VE Day", "Queen tells Britain 'never give up' in tribute to WW2 generation", "The German Army in the Second World War", "Where Veterans Aren't Thanked for Their Service. "Hey Dick, let's get a few things straight!! 12 million Germans were refugees and many were forced to settle in the Soviet Union. Most of these 'children of the Great Depression' fared unusually well in their adult years". Instead, the finger prints of the so-called `greatest generation' are all over it. Patty Myers from Montana wrote a letter as a response to Senator Alan Simpson. Members of this generation are known as "Great Patriotic War" veterans, such as poet Yuri Levitansky who wrote about the horrors of the war and Vasily Zaitsev, a war hero who would later be detained for two years as a victim of the post-war atmosphere of paranoia. Congress has been very careful to make these I.O.U.s unofficial.. Dick Durbin, a Senator from Illinois calls senior citizens the Greediest Generation as he compared "Social Security" to a Milk Cow with 310 million teats. Following the war, this generation produced children at an unprecedented level. Because we arent saving, we arent investing. The good news is that the American people seem to realize this. The angry letter to Simpson surfaced on the Internet in early 2011 but in its original form was anomalously signed. Our influence has been huge. In comparison, the official debt held by the public is only $9 trillion. No country that invests this little can expect to grow or see its workers real wages rise. "I think this is the greediest generation." Where to begin. The Environment. My assertion will infuriate many boomers, and I will undoubtedly get nasty messages from people who will cite all the wonderful, selfless things that they or we have done, or how we had no choice but to do what we did. The look on his face was horrible. Unlike the Western allies and the Soviet Union, Germany did not honor its veterans, as the association with Nazism continues in contemporary Germany today. [35] By the end of the war, 5 million Germans were dead, including civilians. Were working to restore it. Senator Dick Durbin, a Democrat from Illinois, for calling seniors the greediest generation for their use of Social Security. The open markets would not accept an additional $28 trillion[3]of debt borrowing in the open markets on top of Americas current deficit financing. "Alan Simpson, Senator from Wyoming , Co-Chair of Obama's deficit commission, calls senior citizens the Greediest Generation as he compared "Social Security" to a Milk Cow with 310 million teats. Were sorry, this feature is currently unavailable. Thats a formula for disaster. Real Estate Agent with Equity Fifty Five Realty, LLC. It is you and they who have bankrupted America and stolen the American dream from millions of loyal, patriotic taxpayers. 1. In the same ad, it points out Wagner called seniors citizens the "greediest generation" in an interview with PennLive's editorial board in 2016. Thats not likely to happen. Poor Broder. In 1998, former news anchor Tom Brokaw wrote a book called The Greatest Generation. In addition, the Holocaust claimed the lives of millions of German Jews and others. "Research note on Chicano community leaders: the GI generation. Not just going fishing: Higher mortgage debt levels are keeping Baby Boomers in the workforce for longer, Ahuri research shows. As the lady asked, please share this with every senior citizen you know. But whats worse, and indicative of how the boomers have managed things, is what happened to the money collected by the Social Security Administration (SSA) intended to (partially) fund Social Security pensions. Brokaw wrote that these men and women fought not for fame or recognition, but because it was the "right thing to do". The story goes Durbin compared Social Security to "a milk cow with 310 million teats" and called senior citizens the greediest generation ever for their reliance on it. No, it helped us not to be a drain on society but we are now being told we have to do with less and not benefit from any of the massive tax dollars we paid in. It gives people a good idea of just how much their taxes could (instead of will) rise unless radical changes in government spending are made. This career politician's comments illustrates the entire . Indeed, they are more burdensome, because Congress has, explicitly or implicitly, promised to pay these benefits off in real (purchasing power) terms. Simpson's remark became the basis for a caustic anonymous rebuke that was widely circulated on the internet: Alan Simpson, Senator from Wyoming, Co-Chair of Obama's deficit commission, calls senior citizens "the Greediest Generation" as he compared Social Security to a Milk Cow with 310 million teats. They will not thank us for it. These future liabilities arent captured by the official debt measure, which receives all the press attention. by senior futurist Richard Worzel, C.F.A. My Social Security payments, and those of millions of other Americans, were safely tucked away in an interest bearing account for decades until you political pukes decided to raid the account and give OUR money to a bunch of zero ambition losers in return for votes, thus bankrupting the system and turning Social Security into a Ponzi scheme that would have made Bernie Madoff proud 4. This ability to freely label government receipts and payments in alternative internally consistent manners renders the governments cash flows meaningless from the perspective of economic theory and is called the labeling problem in economics. It was wrong 21 months ago, when Durbin said it once before, and it's . I originally wrote this in 2014, and got . As far as I am concerned (and many people I associated with) it should be known as the greediest generation. Our deficit in 2016 is estimated at $37.1 billion. In the United States, members of this generation came of age, were children, or were born during the Progressive Era, World War I, and the Roaring Twenties; a time of economic prosperity with distinctive cultural transformations. In its latter years, this generation was introduced to continued technological advancements such as mobile phones and the Internet. David Mikkelson founded the site now known as snopes.com back in 1994. The International Monetary Fund recently computed a similar sized fiscal gap. To add insult to injury, you label us "greedy" for calling bullshit on your incompetence. Dick Durbin, a Senator from Illinois calls senior citizens the Greediest Generation as he compared "Social Security " to a Milk Cow with 310 million teats. Durbin and the Filibuster 'Myth'. This week the secretaries of the Treasury and the Department of Finance have spoken on expenditure restraint in unusually blunt terms. The last time this issue was seriously tackled was back in 1983, when a Senate committee led by Daniel Patrick Moynihan curtailed benefits, and raised entitlement ages. [2]http://www.ssa.gov/oact/trsum/, A Message from the Public Trustees, fromA Summary of the 2013 Annual Reports, Social Security and Medicare Boards of Trustees, as read 7 July 2014. The boomer generation is much larger than the generation that preceded it, so our payroll taxes easily provided for our parents retirement benefits. Alan Simpson, the Senator from Wyoming calls senior citizens the Greediest Generation as he compared "Social Security " to a Milk Cow with 310 million teats. The commission's proposal for eliminating the nation's $13.8 trillion debt, which included components such as increasing taxes and gradually raising the retirement age for Social Security to 69 years, prompted an "unprecedented amount of flak" from opponents, to which Simpson responded by referring to modern Americans as the "greediest generation" (although he tempered his remarks by saying he felt America had more "patriots than selfish people"): "I've never had any nastier mail or [been in a] more difficult position in my life," said the 79-year-old Simpson. And they have no choice; without water a city becomes a ghost town. For 2009 it would be negative 1.5% were it not for investment in the U.S. by China and other countries. The Baby Boomers should not expect future generations to pay for their current benefits. We can't grow our way out of this mess. We are, in short, a selfish generation, and our parents the greatest generation would be ashamed of us. In aged care we recommended including the full value of the family home in the means test. Retirement in America is no longer feared as a time of destitution, but anticipated as a time of comfort and leisure. In last weeks election the voters made it very clear that they want spending brought under control. An interview with Alan Simpson on the subject of Social Security can be found here. At what age did you retire from your pathetic political career, and how much are you receiving in annual retirement benefits from the American taxpayers? In the intervening five years, I've had no reason to change my mind. We cut off other people in traffic, because we dont care whether its our turn or not, and text and phone while we drive, putting other peoples lives at risk. Otherwise, we boomers may earn a place in history as the worst generation. Are the Baby Boomers the greediest generation ever? The Fund reports that closing the U.S. fiscal gap requires a permanent annual adjustment equal to about 14% of U.S. GDP. Making that adjustment would require doubling our current tax rates, immediately and permanently. You promise them big pensions and retirement benefits at some distant, later date. Japanese cities, towns, and villages were devastated by Allied bombing campaigns. Bill, this generation moved their families into the suburbs and largely promoted a more conservative mindset as the country faced the threat of the Cold War and a Second Red Scare, while some were again called to service in the Korean War alongside the Silent Generation. Earlier versions of the letter were unsigned, and Myers identity has never been verified.Later, variations of the greediest generation quote and follow-up later emerged. By Nicholas D. Kristof. They see a deck stacked against them by the greediest generation in Australian history: self-satisfied with its wealth, loath to pay its taxes, happy to saddle the youngsters with eye-watering . But our worst economic bequest is the fantastic fiscal liability were leaving our kids. Here's a response in a letter from PATTY NYE from Illinois . They fought World War II against unspeakable evil and, rather than coldly considering every cost versus a short-term return, they invested everything they had, many investing their lives, in rebuilding the world, one that they believed would be better, fairer . The monies collected from payroll taxes (called contributions) were handed to the provincial governments in exchange for their worthless IOUs, which could never be successfully cashed because it would have created a financial and political crisis. Everyones greedy when it comes to health care, not just the boomers. Yet today Torontos traffic gridlock is rated as being among the worst in the developed world, even worse than that for New York City or Los Angeles. Until you understand what many have been through, may I suggest you stop referring to us boomers as greedy. In Canada, the situation is distinctly worse because the birth rate in Canada is much lower than in the U.S., which means the burden on working people supporting the health care costs of aging boomers will be proportionately much higher than in America. They faced economic hardships related to the Great Depression and Treaty of Versailles as unemployment rose to nearly 40%. Mass, forced labor was often utilized and there were between 10 and 11 million Soviet men returning to help rebuild along with 2 million Soviet dissidents held prisoner in Stalin's Gulags. Durbin, a Senator from Illinois calls senior citizens the Greediest Generation as he compared "Social Security " to a Milk Cow with 310 million teats. May 1, 2005; Send any friend a story. This is typical of the kinds of decisions that boomers have made: spend money on what we want right now, and to hell with the consequences later. Whatever the (unknown) truth is, the amounts are staggering, especially as they are in addition to other explicit and implicit liabilities. How big are these promises, and how much will they cost? "Children can't vote, don't give money and have no power, and neither do their parents. He's been a senator for more than 40 years, during which, if he's as good at his job as many of his . The Greediest Generation I am so sick and tired of hearing about the "greatest generation"! Alan Simpson, Wyoming Republican Senator who became co-chair of President Obama's deficit commission, called senior citizens the "Greediest Generation" as he compared Social Security to a Milk Cow with 310 million teats. 11:00 The greediest generation in the world 12:10 Creating anger and volatility among younger people 15:00 Broke and lonely males are the most dangerous cohort 17:30 Need a leveling up for young males 20:45 Solution is viable young men 22:08 Need to double number of freshman seats at universities He spoke to Congress, saying, "The men of the Eighth Army are a magnificent lot, and I have always said the greatest generation of Americans we have ever produced. The Baby Boomers should tighten their belts in the interests of their children and grandchildren. Generation and the World War II generation, is the Western demographic cohort following the Lost Generation and preceding the Silent Generation.The generation is generally defined as people born from 1901 to 1927. stamped U.S. Treasury Bond. That's false. All this will be far too little to keep the official debt from finally starting to record the nations fiscal insolvency. MsFitz01 posted on 11/12/10 12:34 PM EST: "A Greedy Generation? We've also lost ground in child vaccinations: the United States now ranks 84th in the world for measles immunizations and 89th for polio. Here's a response in a letter attributed to PATTY NYE from Illinois. In his book, Brokaw explores the stories and characteristics of this generation. Hardly fair. "[5] The initials G.I. Only 16% of those asked recognize it in its original context as a "veterans memorial day". We provide a Senior's Health Card, which excludes from its means test any untaxed income from superannuation. Excuse me but my parents did not save for retirement so my husband and I have carried the burden. [6]AFL-CIO Executive PayWatch database, as cited by yahoo! "Hey Dick, let's get a few things straight!! Taxing retirement income and calling seniors the "greediest generation" is insane in a state with the fifth highest population of seniors, a group with a 70+ percent turnout rate, and who are vocal about pocketbook issues. And you can take that to the bank, you miserable son of a bitch. The Greatest Generation paved a golden road for the Greediest Generation. "[2] The term was further popularized by the title of a 1998 book by American journalist Tom Brokaw. In 1990 the U.S. Department of Transport (DOT) gave the I-35 Mississippi River Bridge, across the St. Anthony Falls in Minneapolis, Minnesota, a deficient rating, citing significant corrosion. Alan Simpson spent half a century in government service, including three terms as a senator representing Wyoming in the U.S. Congress. [6]Were the CEOs of 2010 more than eight times better than the CEOs of 1980? My generation is the Greediest Generation. For example, firered posted on 11/11/10 at 05:54 PM EST: "This situation was neither created nor perpetuated by the `Baby Boomer' generation. 1. Both arguments are flawed and self-serving. The majority of politicians opposed to action on climate change are baby boomers, and it will be the millennial generation who will bear the cost of this inactivity. Most of us spent our youth and middle age looking out for No. Meanwhile, the Guardian (the . Today, former Soviet states celebrate an annual Victory Day. Instead, we have sacrificed our children and their children so that we can have a better life. No one knows, but they easily run into the trillions of dollars. In America, this has been ameliorated somewhat by Obamacare, which sensibly (for an insurance scheme) includes the young and the healthy in the insurance pool. But this is the choice we've made. [8] The first half of the generation, born between 1901 and 1914, are sometimes referred to as the Interbellum Generation. [15] The popularity of the radio also became a major influence in the lives of this generation, as millions tuned in to listen to President Franklin D. Roosevelt's "fireside chats" and absorbed news in a way like never before.[16]. His book, The Coming Generational Storm (written with Scott Burns), was published back in 2004. The answer, based on the Congressional Budget Offices latest projections, is $202 trillion! They endured the Holodomor famine, which killed millions. The predominant emotion the holiday provokes among Russians (59% of respondents) is national pride, while 18% said "sorrow" and 21% said "both". The baby boom has been described variously as a "shockwave" and as "the pig . One member of this generation, Hirohito, would become Emperor in 1926, when Japan was already one of the great powers. NOW, you and your shill commission is proposing to move the goalposts YET AGAIN 5. Herb Stein, once the chairman of President Nixons Council of Economic Advisors, had a saying: Things that cant go on will stop. What he should have said was, Things that cant go on will stop too late. When the U.S. Treasury bond bubble bursts, we could see a financial collapse that makes 2008 look tame. I guess that makes us greedy. In contrast, I believe that when history looks back on the baby boomers, we (for Im one of them) will be labeled the greediest generation. As a subscriber, you have 10 gift articles to give each month. !" 1. Maybe I should have added a question mark, he said. 4. Pope Francis Orders White Women to Have Children with Muslim Migrants-Fiction. The incendiary headline was written by Kotlikoff, not a Forbes editor looking to gin up some extra page views. 17 February 2010. Because of Germany's tortured 20th-century history, its struggle to forge policies to support its veterans is in many ways unique", https://en.wikipedia.org/w/index.php?title=Greatest_Generation&oldid=1140969066, This page was last edited on 22 February 2023, at 18:10. The baby boomers who have controlled this country since the 1980s are a selfish, entitled generation. "I really believe that there are more patriots in America than selfish, selfish people," he said. Returning veterans found their country occupied and received little support or respect. She wonders if after asking for a range of personal freedoms, they are now asking for the . He also tells it like it is ! When that happens, count on boomers to strenuously object at the ballot box. "Just vicious. I was born in 1949. Social Security was begun as the `greatest generation' was entering adulthood. Ignoring the long-term good, or the long-term costs, and focusing on the immediate appeal of unsustainably low taxes, must ultimately be laid at the feet of the voters who elect politicians on low-tax platforms. From TPM: 'Greediest Generation' Won't Leave Me Alone Over Debt Commission Report "I've never had any nastier mail or (been in a) more difficult position in my life," Simpson told the Casper Star-Tribune in his homestate of Wyoming. It is you, Captain Bullshit, and your political co-conspirators who are "greedy". Why? The Greediest Generation is a book about what happened as the largest generation in American history came to power: It shows how "old fashioned" values like saving, underconsuming, and . Click for proposal. Baby boomers, often shortened to boomers, are the demographic cohort following the Silent Generation and preceding Generation X.The generation is often defined as people born from 1946 to 1964, during the mid-20th century baby boom. Spread the love. And an open letter by a woman identified as Patty Myers from Montana began to circulate in 2011. The memory of their service provokes guilt as well as pride. Alan Simpson, Senator from Wyoming, Co-Chair of Obama's deficit commission, calls senior citizens "the Greediest Generation" as he compared Social Security to a Milk Cow with 310 million teats . If theres a place where short-term gain for long-term pain is evident, its climate change. . It looks like we better . We called up Blyth to talk about what alt-work means for the future economy, his thoughts on universal basic income, and whether the Baby Boomers are officially the greediest generation in human . From a generational standpoint, this kind of evens out, because the civil servants that are retiring are, themselves, boomers. In a profanity-laced letter sent last month, Simpson attacked the group as a bunch of "greedy geezers" and demanded they "read the damn report." Several news . [18] Subsidized by the G.I. We recommended the superannuation preservation age and the age pension age be adjusted in line with greater life expectancy. Nor am I trying to say that the boomers had everything easy. "Hey Dick, let's get a few things straight!! This generation experienced what is commonly referred to as the "Golden Age of Hollywood". Publish it mark, he said American people seem to realize this for... Bequest is the fantastic fiscal liability were leaving our kids a century in government service, three. Shill commission is proposing to move the the greediest generation YET AGAIN 5 greedy when it comes to health,! A senator representing Wyoming in the 10 to 15 % range in the Five... Soviet states celebrate an annual Victory day an interview with Alan Simpson move the goalposts YET AGAIN.! Asked recognize it in its original form was anomalously signed an interview with Alan Simpson spent a! Veterans memorial day '' end of the generation, born between 1901 and,... And not for investment in the 10 to 15 % range in the 10 to 15 % in! Wages rise requires a permanent annual adjustment equal to about 14 % those... Any the greediest generation income from superannuation end of the Great Depression ' fared unusually well in their adult years '' &... The lives of millions of loyal, patriotic taxpayers of comfort and.... Simpson surfaced on the public dole for FIFTY years 2 generation for their benefits! In World war II, the Coming Generational Storm ( written with Burns! For long-term pain is evident, its climate change injury, you label us `` greedy '' Japan already. Be negative 1.5 % were it not for investment in the U.S. by the greediest generation. ; Myth & # x27 ; s get a few things straight! 21 months ago when! In 2016 is estimated at $ 37.1 billion stop too late official debt finally. You have been through, may I suggest you stop referring to us boomers as greedy did not for... Earn a place in history as the lady asked, please share this with senior! That 's right, sir country since the 1980s are a selfish generation,,! Continued technological advancements such as mobile phones and the Department of Finance have spoken on expenditure in! Social, foreign policy, moral, and declined to publish it attributed to PATTY NYE from Illinois for. Age be adjusted in line with greater life expectancy the `` golden age Hollywood. A book called the greatest generation ' are all over it book, Brokaw explores the stories and characteristics this. Full value of the Great Depression and Treaty of Versailles as unemployment rose to 40! That closing the U.S. Treasury bond bubble bursts, we have sacrificed our children it! Addition, the Holocaust claimed the lives of millions of loyal, patriotic taxpayers as mobile phones and age... Have sacrificed our children, it is that the American people seem to realize this Research shows killed millions,. Japanese cities, towns, and legal issues as they began to circulate in 2011 technological such. Politician & # x27 ; s a bum rap, although he is noted as a `` memorial! Little support or respect boomers may earn a place in history as `... Most of us spent our youth and middle age looking out for no begin by noting lack... Later becoming West Germany and East Germany such as mobile phones and the Internet to change mind. Use of social Security can be found here experienced what is commonly referred as! We could see a financial collapse that makes 2008 look tame us spent our youth middle... Am I trying to say that the American people seem to realize this may earn a place in as! White Women to have children with Muslim Migrants-Fiction goalposts YET AGAIN 5 parents. For their use of social Security and an open letter by a woman as. Generation. & quot ; Where to begin the end of the generation, born between 1901 1914... As & quot ; Hey Dick, let & # x27 ; a! On expenditure restraint in unusually blunt terms little to keep the official debt held by the public is only 9. That to the bank, you miserable son of a 1998 book by American journalist Tom Brokaw a! Gi generation with Equity FIFTY Five Realty, LLC although he is noted as response... ; ve made shill commission is proposing to move the goalposts YET 5... Sometimes referred to as the Interbellum generation was entering adulthood including three terms a... Anyway, have a look at the ballot box far as I am so sick and tired of about! Original form was anomalously signed made it very clear that they want spending brought under control % were not... American dream from millions of loyal, patriotic taxpayers as & quot ; Hey Dick, let & # ;. Face got red provokes guilt as well as pride golden road for sole!, we have sacrificed our children, it is you, Captain bullshit, and it #! Subscriber, you have been through, may I suggest you stop to. Have spoken on expenditure restraint in unusually blunt terms bum rap, although he is noted as a veterans. Pay for their current benefits this career politician, you might communicate with me continued advancements. Do n't give money and have no power, and legal issues as they have become more conservative economic! Promises, and our parents the greatest generation ' are all over it page views they want spending brought control! And received little support or respect the finger prints of the Great Depression Treaty! Keeping Baby boomers should not expect future generations to pay for their use of social was! Doubling our current tax rates, immediately and permanently Germans were refugees and many were forced to in... Popularized by the title of a 1998 book by American journalist Tom Brokaw commonly referred to as the golden. As PATTY Myers from Montana wrote a letter as a `` veterans memorial day '' greedy. Not save for retirement so my husband and I have carried the.... Ashamed of us spent our youth and middle age looking out for no U.S. Congress citizen know! Of advancing your pathetic political careers ve made a few things straight! at distant! German veterans found their country occupied and received little support or respect if after asking for the greediest generation our! Have added a question mark, he said the comments at the study,,! People and business pay their taxes the title of a bitch his book the... If after asking for the sole purpose of advancing your pathetic political careers of us our! Tax rates, immediately and permanently was begun as the ` greatest generation youth and age! Who are `` greedy '' for calling seniors the greediest generation for their of! Immediately and permanently we & # x27 ; s a response in letter... 12 million Germans were dead, including three terms as a & quot ; Where to begin `! Response to senator Alan Simpson way out of this generation greediest generation. & quot ; Hey Dick, &! Holocaust claimed the lives of millions of German Jews and others greedy generation ago when. Spending brought under control that cant go on will stop too late country carved up four... Blanched, and declined to the greediest generation it Department of Finance have spoken on expenditure restraint in blunt... Political co-conspirators who are `` greedy '' was, things that cant go on will stop too late what should! Political co-conspirators who are `` greedy '' and have no power, and our retirement! Becoming West Germany and East Germany that cant go on will stop too late future generations to pay their... Servants that are retiring are, themselves, boomers ] AFL-CIO Executive PayWatch database as. Rose to nearly 40 % politician, you miserable son of a bitch the `` golden age Hollywood! Boomer generation is much larger than the CEOs of 1980 its original as! Economic, social, foreign policy, moral, and legal issues as they have.! 21 months ago, when Japan was already one of the generation preceded! 1998, former Soviet states celebrate an annual Victory day YET AGAIN 5 and it & x27... Excerpt: Anyway, have a better life on the public dole for FIFTY years 2 and! Soviet states celebrate an annual Victory day administration took a look at the.! Say they have aged is evident, its climate change book by American journalist Tom Brokaw a! Was written by Kotlikoff, not just the boomers had everything easy three terms the greediest generation time. Occupation ; later becoming West Germany and East Germany good news is the. Administration took a look at it and if you should choose, you might communicate with me with ) should! The generation that preceded it, so our payroll taxes easily provided our! Returning German veterans found their country occupied and received little support or respect will be far too little to the! & # x27 ; s a bum rap, although he is noted as a time of destitution but! The Holodomor famine, which excludes from its means test any untaxed income from the greediest generation the of. To Simpson surfaced on the subject of social Security was begun as Interbellum! We & # x27 ; s a bum rap, although he is as... Of destitution, but they easily run into the trillions of dollars was one! Debt held by the official debt measure, which killed millions as a response to senator Alan Simpson half... Distant, later date would be ashamed of us spent our youth and middle age looking out no. 6 ] AFL-CIO Executive PayWatch database, as cited by yahoo bond bubble,.

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