Re: [AFMUG] OT good to be a boomer

Sun, 11 Oct 2020 13:54:43 -0700

Yah. Even though I'm a boomer, I think attributing the current state of the economy entirely on boomers is missing the mark somewhat. There are a whole raft of issues that are squeezing millenials like globalization and extreme automation. You keep adding barriers, and getting or creating a good paying job just gets more difficult. If all you can do is flip burgers at Micky D's or pour coffee at Starbucks, maybe you need to think a bit more creatively.


bp
<part15sbs{at}gmail{dot}com>
On 10/11/2020 11:52 AM, Ken Hohhof wrote:

Obviously I’m prejudiced, but I don’t think this whole trope about all the problems young people today face being the fault of the baby boomers (and wishing they would die and stop hogging all the good jobs) is quite accurate.

 

Yes we had a long recession starting in 2008 (but of course there were recessions back in the 1970’s as well), but I saw a lot of parents dipping into their 401K savings and taking out loans on their paid-off houses so their adult children could live with them, or to pay for their kids to go to college instead of being unemployed.

 

Baby boomer 401K plans were a big cushion for millennials and the economy in general during the “Great Recession”.  I think what will actually hit the millennials is when the boomers do die, they won’t be inheriting as much money because those retirement funds got drained.  Also, don’t kid yourself that 70 year old boomer greeting people at Walmart or bagging groceries at Kroger is just continuing to work for the fun of it, or that a millennial wanted that job anyway.  As far as the “good” jobs, age discrimination kicks in around age 50.  I don’t think Google and Facebook have a lot of boomers writing code.  How many boomers does Elon Musk have designing Teslas and SpaceX rockets?

 

Still a funny skit, but I run into millennials who totally blame all their woes on boomers screwing their generation over.  And the “why don’t they die already” viewpoint spills over into Covid discussions.  Lots of anti-maskers say things like “if they don’t feel safe going out, they are free to not go out”.  Or there aren’t that many deaths if you ignore the old people who were going to die anyway.  People at least didn’t used to say stuff like that out loud.

 

 

From: AF <af-boun...@af.afmug.com> On Behalf Of Robert
Sent: Sunday, October 11, 2020 12:25 PM
To: af@af.afmug.com
Subject: Re: [AFMUG] OT good to be a boomer

 

very apropos...

On 10/11/20 10:04 AM, ch...@wbmfg.com wrote:



 





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