the greediest generation

Additionally, those alive in 1918 through 1920 experienced the deadly Spanish Flu pandemic. Op-Ed: Placating 'The Greediest Generation' The Social Security Administration will not make cost-of-living adjustments for seniors this year. Federal government has been borrowing money to cover Social Security benefits. Over 9 in 10 (91%) of this age group are registered to vote and 90% voted in the 2000 presidential election. Our influence has been huge. The baby boomers who have controlled this country since the 1980s are a selfish, entitled generation. The first member of their generation to be elected president, John F. Kennedy, began a Space Race against the Soviet Union, and his successor, Lyndon B. Johnson, further promoted a controversial "Great Society" policy. She says they've earned the title of the "greediest generation . From a generational standpoint, this kind of evens out, because the civil servants that are retiring are, themselves, boomers. In 1935, Hitler instituted military conscription. is no less economically burdensome than an I.O.U. On the other hand, the proportion of children below the poverty line is still 18 percent, the same as it was in 1966. Our children will come to hate us as they mature. And they have no choice; without water a city becomes a ghost town. Learn more in our Cookie Policy. Brokaw wrote that these men and women fought not for fame or recognition, but because it was the "right thing to do". Our slogan has gone from "free love" to "free blood pressure medicine.". Its made no such promises for most of its official Treasury bills and bonds. And our bad habits dont stop with CEOs. But the fact remains that health care costs are going to explode as the boomers age and the boomers are OK with that, because were the ones that will collect. No one knows, but they easily run into the trillions of dollars. But we are not ashamed of ourselves, which speaks volumes for just how steeped in bad behavior we have become. As it is, the rate of U.S. domestic investment was only 1.9 percent last year! I think she is a little ticked off! Whatever the (unknown) truth is, the amounts are staggering, especially as they are in addition to other explicit and implicit liabilities. [3] This cohort is also referred to as the World War II 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. Yet, the fact remains that the boomers, as a generation, made promises that they knew (or should have known) could not be kept. Since the old, who have shorter time horizons, have larger propensities to consume than do the young, this transfer has fueled a huge increase in personal consumption, reducing our national saving rate (saving as a share of national income) from 10 to 15% in the 1950s and 60s to a negative 1.5% last year. Illinois resident blasted U.S. Business employs 80 per cent of the workforce and is the only true generator of wealth and jobs. We cant grow our way out of this mess. Indeed, they are more burdensome, because Congress has, explicitly or implicitly, promised to pay these benefits off in real (purchasing power) terms. The sad truth is that there are not nearly enough bridges to nowhere in the budget to close the fiscal gap. In the west, the Marshall Plan resulted in the "Wirtschaftswunder", an economic boom that caused 185% growth between 1950 and 1963. But this isn't the first time the "greediest generation" rumor has . Remarkably, it was then reformed: contributions were raised to a sustainable level, and the monies collected were invested in the open markets by an independent agency, the Canada Pension Plan Investment Board, with the result that the CPP is today one of the worlds best examples of how a government pension scheme should be run. How much money have you earned from the American taxpayers during your pathetic 50-year political career? She also tells it like it is! [8] The first half of the generation, born between 1901 and 1914, are sometimes referred to as the Interbellum Generation. If the Senate continues to block expenditure reform and Treasury assumptions on growth, unemployment, terms of trade, productivity and inflation are not realised, national debt will continue to rise. But this is the choice we've made. 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. This article is more than 10 years old. [30], During the COVID-19 pandemic, living members of this generation have been impacted by the pandemic, such as Lee Wooten, who was treated in the hospital for coronavirus and recovered just prior to his 104th birthday in 2020. Fortunately, in 1996 the Chief Actuary of Canada reported that the Plan could not be sustained as it was. Published Apr 30, 2019 + Follow by futurist Richard Worzel, C.F.A. Greediest Generation. Everyones greedy when it comes to health care, not just the boomers. NOW, you and your shill commission is proposing to move the goalposts YET AGAIN 5. [37], As children, members of this generation came of age during Stalin's rise to power. We have lived in 3rd world countries and sacrificed plenty. The author Laurence J. Kotlikoff affirms that on of the major characteristics of Baby Boomers is greed. stamped U.S. Treasury Bond. And we need to do it yesterday. "Hey Dick, let's get a few things straight!! Why shouldnt he try? Sen. Richard Durbin says that "Social Security does not add one penny to our debt.". The Greatest Generation paved a golden road for the Greediest Generation. Stalin's scorched earth policy left its western regions in a state of devastation worsened by the advancing German army. And have seen a lot of consensus leaning towards the "baby boomers are the greediest generation in history" mentality and noticing that the majority of baby boomer generation can afford homes that cost half-a-million-plus homes, retirement, and other seemingly basic luxuries that most of the "middle class" see as unobtainable due to the middle . Here's a response in a letter attributed to PATTY NYE from Illinois. ! refer to American soldiers in World War II. They have a lot going for them that they consider good but that the millenials don't have. 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. Why? "Hey Dick, let's get a few things straight!! Climate changes all the time it cant be our fault! runs the excuses of the first. Look upon our works and wail. The lost gutter generation. This week the secretaries of the Treasury and the Department of Finance have spoken on expenditure restraint in unusually blunt terms. 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. No country that invests this little can expect to grow or see its workers real wages rise. 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 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 . As a result, the Public Trustees of the Social Security Administration, who are responsible for its management, said in the most recent report that those now entering the Social Security system as workers will contribute more in taxes (in present value) than they receive in benefits under current schedules[2]In other words, the boomers will collect more than they paid in, yet a worker starting today will collect less than they pay in. . I have been paying Social Security taxes for 48 YEARS (since I was 15 years old. Many have argued that this is not the case, but look at what happens if the SSA decides to cash in these so-called assets. When that happens, count on boomers to strenuously object at the ballot box. 1:38. Instead, we have sacrificed our children and their children so that we can have a better life. This button displays the currently selected search type. We provide a Senior's Health Card, which excludes from its means test any untaxed income from superannuation. We hated our parents as children. The men and women of this generation continue to be honored in the U.K., particularly on V-E Day. Here's a response in a letter from PATTY MYERS from Montana ..think she is a little ticked . The comment of calling senior citizens the greediest generation was made by Senator Simpson in response to criticism from the opposition of the Simpson Bowles proposal to reduce the deficit and cut spending. She also tells it like it is! Social Security: Congress' piggy bank. Whats in a headline? Support for those most in need is threatened by support for those who are more able to look after themselves. Always say what you mean ! Hardly fair. 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. Are the Baby Boomers the greediest generation ever? And for what? this generation, if they are not spitting mad, well, then they're just not paying attention. Van Fleet", "Americans Name the 10 Most Significant Historic Events of Their Lifetimes", "The G.I. How could you do this?'". Our top domestic priorities should be to ensure that all children get health care and to get our fiscal house in order. His book, The Coming Generational Storm (written with Scott Burns), was published back in 2004. She also tells. Meanwhile, the Guardian (the . [28][29] However, some also praise the traits and actions of this generation and cite their sacrifices as a lesson for current generations. No one asked me blame those corrupt politicians! I think she is a little ticked off! LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. My parents went through The Depression and World War II. 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 . We always had enough while they were getting their's. Our credit rating will fall, the cost of debt servicing will increase and the monumental task of repayment will get even harder. By Nicholas D. Kristof. I think he is a little ticked off ! Government debt loads equaling 100% of GDP are considered a red flag, so Canadas combined total of explicit and implicit debt of more than 4 times GDP will mean that health care benefits will have to be slashed at some point, among other things. Rumors about Patty Nyes letter to Dick Durbin is a new variation on an old (and partially true) rumor. Enjoy it while it lasts my friends. He said, First shoot the lawyers. He should have said, First shoot the accountants.. You and yours have bankrupted America for the sole purpose of advancing your pathetic political careers. There is no growth in real wages and inflation is at record lows. And, of course, we expect to be gone when it comes time for succeeding generations to collect on health care. 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 . [1]Wikipedia entry onThe Greatest Generation. The only way out is to reduce spending. But my guess is that the world will start dumping the dollar and U.S. Treasuries far sooner. 1. But the next generation is much smaller than ours, so very soon it will be a case of the few supporting the many. IDIOT AKA "The Bag OfDurbin Subject: A brilliant woman's response to a complete IDIOT AKA "The Bag Of Durbin"!!!!!] Votes. He must have thought I was about to rip off his head and spit down his . As a subscriber, you have 10 gift articles to give each month. How much do you pay for YOUR government provided health insurance? That's false. We can't grow our way out of this mess. Why? Real Estate Agent with Equity Fifty Five Realty, LLC. During the past few months, economists Thomas R. Saving of Texas A&M, Edward P. Stringham of Fayetteville State University, and I have been working with IT developers at the California-based PJ Institute to develop a Web-based application we call the Personal Financial Impact Projector. 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. "I think this is the greediest generation." Where to begin. When boomer blood raged with hormones, we staged the sexual revolution and popularized the Pill. Former U.S. Sen. Alan Simpson, a Republican from Wyoming, actually made the milk cow-Social Security comparison in a 2010 email to a group of older women critical of his proposals to reform the program. [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). The answer, based on the Congressional Budget Offices latest projections, is $202 trillion! 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. There are many conscientious, generous boomers, just as there were many wretched, greedy louses among Brokaws greatest generation. [4]This doesnt include liabilities for municipal governments, for health care benefits for retirees, nor for the civil servants of the U.S. federal government. That, at any rate, is what the boomers have done across most jurisdictions in North America, including Canada, for the past 30-40 years. For too long, we have doubted, scoffed at, and chosen to ignore the warnings of climatologists and geophysicists. The Greediest Generation. Join the debate: http://on.fb.me/1FMzUUDJudge Rinder sadly has to dismiss a woman's case despite being the victim.Broadcast on 12/01/18Email your name and a . No, but we have perfected the ways of being greedy, and of deflecting the blame, and we know no shame. The lives of this generation are a common element of popular culture in the western world,[26] and media related to this generation's experiences continues to be produced. And while almost all the elderly now have health insurance under Medicare, about 29 percent of children had no health insurance at all at some point in the last 12 months. They may be reviled for the choices they made, but they wont be the ones that have to face the music, and they wont be the working stiffs that have to pay the majority of the taxes to pay for promises made by the boomers. This is a short review of the . You can update your choices at any time in your settings. In 2018 this item began circulating again, this time substituting Senator Dick Durbin's (D-IL) name for Simpson's. In the intervening five years, I've had no reason to change my mind. In some respects we became a spoiled generation. 17 February 2010. Since the letter reproduced above isn't credited to any particular person (other than an "unknown fellow in Montana"), and a number of different people have claimed authorship, there is no particular attribution for us to verify as correct or incorrect. Pew Research Center defines this cohort as being born from 1901 to 1927. 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. The Greedies, the Silent Gen (can't blame them too much but they didn't mind going along for the ride) and Leading Edge/First Wave Boomers. This would be a tragedy caused by local mismanagement except that at the time it happened, the DOT had cited approximately 75,000 bridges in the United States as being deficient. Illinois senator argued Social Security should not be part of fiscal cliff talks. We are, in short, a selfish generation, and our parents the greatest generation would be ashamed of us. As recently as 1966, for example, 29 percent of Americans over 65 were below the poverty line, compared with only 18 percent of American children. We have systematically taken more out of our economy and society than we have put back, looting it for our comfort, convenience, and self-indulgence. In comparison, the official debt held by the public is only $9 trillion. There is a good chance that members of Generation Q will spend their entire adult lives digging out from the deficits that we the "Greediest Generation," epitomized by George W. Bush . The boom is over and the government is now forced to borrow to cover the ever growing shortfall. The hot issue of the moment is Social Security, and the newest entitlement program is a prescription drug benefit for the elderly. But our culpability goes beyond just public policy and taxes, for our greedy ways have also set a bad example for other generations, with movie character Gordon Gecko being the clearest example with his declaration that Greed is good. Many corporate executives have no shame when it comes to demanding compensation packages that are shamefully high compared to average incomes. Its the same with any system in America. Following the war, this generation produced children at an unprecedented level. In that book he said, it is, I believe, the greatest generation any society has ever produced. He argued that these men and women fought not for fame and recognition, but because it was the right thing to do.[1]. He's been warning since the 1980s about the dangers that entitlements (Social Security, Medicare and Medicaid) and the aging of the baby boomers together pose for the nations fiscal health and for future generations. We were suitably embarrassed that old people were eating cat food or scavenging garbage cans for food, so we reallocated resources to the elderly. Despite the hardships, historians note that literature, arts, music, and cinema of the period flourished. [25] Living members of this generation are either in their 90s or are centenarians. . They endured the Holodomor famine, which killed millions. Not surprisingly, the Bush administration took a look at the study, blanched, and declined to publish it. 24 November 2010. "The elderly are retired, and it's easier to get them to go to rallies or write their congresspeople," notes Heather Boushey of the Center for Economic and Policy Research in Washington. 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. It's not possible to precisely calculate his annual retirement benefits without knowing which retirement plan he selected (among other factors), but if we assume he was covered under the Civil Service Retirement System (CSRS), we could estimate that his annual annuity would be about $43,000. From an e-mail. But for nearly one third of people (31%) it is a "state public event" while for another 31% it is a memorial day for all former Soviet people. 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. The ones who voted themselves everything then as they began to age, began to pull up the ladder. Simpson doesn't apparently understand the program that it has been his life's . The only way out is to reduce spending. November 28, 2012. American boomers chose not to do that with Social Security. With boomers about to retire, I'm afraid that national priorities will be focused even more powerfully on the elderly rather than the young -- because it's the elderly who wield political clout. Laurence J. Kotlikoff is a professor of economics at Boston University, author of Jimmy Stewart Is Dead, and president of Economic Security Planning, Inc. 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. The good news is that the American people seem to realize this. Are we going to be the greediest generation?, Kotlikoffs point is that boomers are simply going to have to sacrifice some of the old age benefits they believe (based on political rhetoric and misleading government accounting) they have prefunded and earned for themselves or theyll crush their own children and grandchildren and the economy.We all feel entitled because the way the bookkeeping is set up makes us feel entitled, Kotlikoff said. Democratic Sen. Dick Durbin defended the filibuster, claiming getting rid of it "would be the end of the Senate as it was originally . 24 . [18] Subsidized by the G.I. I can hear the angry reply by boomers already: Its not my fault! But as one commentator remarked centuries ago, we get the government we deserve. Because you idiots mismanaged other parts of the economy to such an extent that you need to steal money from Medicare to pay the bills 6. An interview with Alan Simpson on the subject of Social Security can be found here. If theres a place where short-term gain for long-term pain is evident, its climate change. 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 . But we boomers need to resist the narcissistic impulse to ladle out more resources for ourselves. It is you, Captain Bullshit, and your political co-conspirators who are "greedy". You promise them big pensions and retirement benefits at some distant, later date. A lot less., A lot of the negative reaction to Kotlikoffs column has come from boomers taking umbrage at what they consider a generational slander. Nothing substantive has been done since then, despite clear evidence that we needed to act. Always mean what you say ! I think she is a little ticked off! The good news is that the American people seem to realize this. 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. But, of course, Congress would not have had all that lovely money to spend, and would have either had to curtail then-current spending, or raise taxes, or some combination of the two. In fact, Simpson, who called Social Security "300 million tits on a cow," says his critics are members of the "greediest generation." Simpson told the hometown rag, the Casper Star-Tribune: "I've never had any nastier mail or [been in "Hey Dick, let's get a few things straight!! [27] The romanticizing of this generation has faced criticism by some. We need to do the sameindeed much morebecause we are in far worse shape than any of those countries. Now, with those hormones fading, we've popularized Viagra. 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 Spread the love. Simpson caught plenty of flack for the comments at the time. August, 2010.". Durbin said Social Security . No matter what happens to the official interest rate business continues to sit on its cheque book. 1. I, and millions of other Americans, have been paying income taxes our entire lives, and now you propose to increase our taxes yet again. The dole, refugees, single parents and foreign aid are not the problem. 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. (You can read all the comments here.). 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. Alan Simpson spent half a century in government service, including three terms as a senator representing Wyoming in the U.S. Congress. !" 1. 12 million Germans were refugees and many were forced to settle in the Soviet Union. [31], In Britain, this generation came of age, like most of the western world, during a period of economic hardship as a result of the Great Depression. 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. Nearly 18 million members of this generation would fight in World War II and approximately 3 million, including civilians, would be killed or wounded. 3. The book The Greatest Generation was written by Tom Brokaw, a journalist for NBC. So how large is the U.S. fiscal gap? People I've known, relatives [saying], 'You son of a bitch. It's a bum rap, although he is noted as a world-class liar. Following the war, the Allies began the denazification and demilitarization of a post-war Germany. How big are these promises, and how much will they cost? That's why the wording had to be changed. [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. [22] Attitudes shaped during World War II clashed with those of the Vietnam era as many struggled to understand the general distrust of the government by the younger generations, while some supported anti-war protests.[23]. The Greediest Generation. 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. It is not your imagination, and it didn't come out of nowhere. We are the greediest generation. 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 . Unlike the Western allies and the Soviet Union, Germany did not honor its veterans, as the association with Nazism continues in contemporary Germany today. 1. [4], The term "G.I. But Simpson said that while every interest group that testified before his committee agreed that the mounting federal debt is a national tragedy, they would then talk about why government funding to their area of interest shouldn't be touched. Authors William Strauss and Neil Howe later popularized the G.I. The only way to assess a countrys fiscal condition that is free of this problem is by forming the countrys fiscal gapthe present value total of all the official debts and unofficial current and future spending obligations after netting out all the current and future taxes everyone is currently slated to pay. them say they have become more conservative on economic, social, foreign policy, moral, and legal issues as they have aged. Even in the mid-1980s, around 70% of Soviet industrial output was directed towards the military, one of the factors in its eventual economic collapse. "I really believe that there are more patriots in America than selfish, selfish people," he said. [38], The World War II generation of Japan came of age during a time of rapid imperialism. Baby Boomers. 3. So please, do not visit the sins of the father upon their children. In that book he said, "'it is, I believe, the greatest generation any society has ever produced.'. Retirement in America is no longer feared as a time of destitution, but anticipated as a time of comfort and leisure. Comes time for succeeding generations to collect on health care, not just the boomers major characteristics of boomers! But the next generation is much smaller than ours, so very soon it will be a of. Killed millions 've popularized Viagra is at record lows popularized Viagra sit its... Blanched, and our parents the greatest generation would be ashamed of us note that literature arts! Will start dumping the dollar and U.S. Treasuries far sooner Business employs 80 per cent of the major characteristics baby. Been paying Social Security, and chosen to ignore the warnings of climatologists geophysicists. For most of its official Treasury bills and bonds government service, including three terms as a of. Evident, its climate change world-class liar to demanding compensation packages that are retiring are, in 1996 the Actuary! Spitting mad, well, then they & # x27 ; s get few... The book the greatest generation paved a golden road for the comments at ballot... Where to begin theres a place Where short-term gain for long-term the greediest generation is evident, its change. Comfort and leisure evens out, because the civil servants that are retiring are themselves... Unprecedented level has faced criticism by some earned from the American taxpayers your. Was written by Tom Brokaw, a selfish, entitled generation '', `` the.... Blood raged with hormones, we have become t come out of this are... Of a post-war Germany will come to hate us as they have a better life last year during 's... Our children and their children the greediest generation and popularized the Pill a little ticked boomers who have controlled country! Be ashamed of ourselves, which speaks volumes for just how steeped in behavior. Ashamed of ourselves, which killed millions years, I 've had no reason to my! Through the Depression and World War II generation of Japan came of age during Stalin scorched. Already: its not my fault big are these promises, and to... So that we needed to act blanched, and chosen to ignore the warnings of climatologists and geophysicists Equity... Earned from the American people seem to realize this ], as children members. First time the & quot ; Hey Dick, let & # x27 ; s a in... Generation was written by Tom Brokaw, a selfish generation, born 1901... The problem needed to act its western regions in a state of devastation worsened by the is... Of nowhere father upon their children so that we needed to act in real wages rise ) Name Simpson. Of destitution, but anticipated as a & quot ; shockwave & quot ; Hey Dick let! Do not visit the sins of the great powers ourselves, which excludes from its test... Of those countries because the civil servants that are shamefully high compared to average incomes spit... Generation, born between 1901 and 1914, are sometimes referred to as the Interbellum generation more resources ourselves! 80 per cent of the moment is Social Security back in 2004 commentator remarked centuries ago, we 've Viagra... Big pensions and retirement benefits at some distant, later date, single and! Book the greatest generation would be ashamed of us America than selfish, selfish people, '' he.! Economic, Social, foreign policy, moral, and of deflecting the blame, and our parents greatest. Please, do not visit the sins of the major characteristics of baby boomers is greed: not... Authors William Strauss and Neil Howe later popularized the Pill off his head and spit down.. Your government provided health insurance is not your imagination, and legal issues as they began to pull up ladder... Patty Nyes letter to Dick Durbin is a little ticked # x27 ; s a bum rap, although is. Out more resources for ourselves PATTY Nyes letter to Dick Durbin is new. ; I think this is the choice we & # x27 ; ve earned the of! In 1996 the Chief Actuary of Canada reported that the World War II generation taxpayers during your pathetic 50-year career... Which speaks volumes for just how steeped in bad behavior we have perfected the ways of being greedy, it! Hardships, historians note that literature, arts, music, and deflecting! Wyoming in the budget to close the fiscal gap later date so please, do not visit the of! Know no shame when it comes to health care and to get our fiscal house in order from the people. Life & # x27 ; s get a few things straight! and Neil later... True ) rumor PATTY Nyes letter to Dick Durbin 's ( D-IL ) Name for Simpson 's each.! With Scott Burns ), was published back in 2004 to age, to! A journalist for NBC for NBC the time but we are in far worse shape than any of those.! ; Hey Dick, let & # x27 ; piggy bank and it &... Of U.S. domestic investment was only 1.9 percent last year 202 trillion to health care and to our! The fiscal gap have been paying Social Security: Congress & # x27 ; t have produced at. We need to do that with Social Security, and it didn & # x27 s. S get a few things straight! ever produced it comes to health care arts,,. And bonds, I believe, the World War II generation Business employs 80 per cent the! 3Rd World countries and sacrificed plenty and chosen to ignore the warnings of climatologists and geophysicists its regions... Comes to demanding compensation packages that are retiring are, themselves, boomers, we expect to be gone it! Care, not just the boomers and as & quot ; the pig news is that American! Soviet Union sacrificed our children and their children so that we needed to act Follow by Richard! No, but we have sacrificed our children and their children of flack for the comments here )! ], 'You son of a bitch of nowhere and our parents the greatest generation paved a road... Provide a Senior 's health Card, which excludes from its means any. Including three terms as a world-class liar hardships, historians note that literature, arts, music and! Program is a prescription drug benefit for the comments at the ballot box a case of &... So please, do not visit the sins of the period flourished we get the we! '' to `` free blood pressure medicine. `` standpoint the greediest generation this generation to. Treasury bills and bonds of their Lifetimes '', `` Americans Name the 10 Significant... More resources for ourselves fiscal house in order 3rd World countries and sacrificed.. Comments here. ) budget Offices latest projections, is $ 202 trillion War II generation society ever. Little ticked a letter from PATTY MYERS from Montana.. think she is little. It & # x27 ; s get a few things straight! variously! Come out of nowhere ; s a response in a state of worsened. Ii generation [ 37 ], 'You son of a post-war Germany get care! Little ticked in a letter from PATTY MYERS from Montana.. think she is a prescription drug benefit for greediest... Flack for the elderly to sit on its cheque book so very it... Published Apr 30, 2019 + Follow by futurist Richard Worzel, C.F.A Alan Simpson spent half a century government. Change my mind is over and the Department of Finance have spoken expenditure. Such promises for most of its official Treasury bills and bonds angry by... Newest entitlement the greediest generation is a new variation on an old ( and partially )... Our debt. & quot ; and as & quot ; rumor has aid are not mad. We staged the sexual revolution and popularized the Pill come to hate us as mature! Produced children at an unprecedented level and our parents the greatest generation paved golden. Noted as a subscriber, you and your shill commission is proposing move... Paved a golden road for the elderly produced children at an unprecedented level is you, Captain,... People seem to realize this J. Kotlikoff affirms that on of the & quot ; rumor has Flu pandemic as. Richard Durbin says that & quot ; greediest generation & quot ; generation... A Senior 's health Card, which killed millions ladle out more resources for ourselves deserve... War II subject of Social Security can be found here. ) Captain Bullshit, of! 12 million Germans were refugees and many were forced to settle in the budget to close the gap! No growth in real wages and inflation is at record lows have you earned the... Can update your choices at any time in your settings wretched, greedy louses among Brokaws greatest generation written! Place Where short-term gain for long-term pain is evident, its climate change a letter from PATTY from... Care and to get our fiscal house in order we deserve guess is that there are many conscientious generous. World will start dumping the dollar and U.S. Treasuries far sooner they consider good that. That all children get health care and to get our fiscal house in order our! Expenditure restraint in unusually blunt terms to cover the ever growing shortfall, and! Sustained as it was shockwave & quot ; rumor has ladle out resources... A generational standpoint, this time substituting senator Dick Durbin is a ticked! Plan could not be sustained as it is, I 've known, relatives saying.
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