The pensions and social security funds were plundered by boomer retirees expecting to live it up for 20+ years without having to work. The generation that came before never had such a thing, no one did. Living within their means is boomer kryptonite.
The devaluation of the dollar was caused by money printing, which was demanded by boomers and their incessant need to spend more than they have.
I don't know how it works in other countries but I paid into the UK government pension scheme for 43 years and into my own private pension fund for at least twenty years. That money was invested (I had no say in it) and, assuming that it was invested wisely, should pay me minimum wage until I'm 100. In other words, the government and the private pension company are paying me back the capital that I lent them plus interest, which obviously should be less than the profits they made by investing my money. If they invested unwisely, and/or allowed someone to steal part of my capital, that's not my fault.
If your country is like mine, the pension funds have been making promises they can't keep for decades, and the solution they found to keep the ponzi scheme going was mass immigration (i.e., more people paying in so they can keep meeting their obligations for a few more years).
Programming? Lol, are you under the impression that when this is all over, we can just keep right on racking up unrepayable deficits and leaving them for subsequent generations to pay?
Obviously not. Doing so is a nation-wrecking mistake. Oh, btw, it's also exactly what the boomers did.
Oh yes you're absolutely right, the 'boomers ' are the problem, once they're gone everything will be perfect. No one but them did anything like everything you're blaming them for. And all of them, yes they all did everything wrong and were the single generation of greed and irresponsibility, suddenly out of nowhere, they all were born bad and are the root cause of every I'll the USA ever suffered. There. SMH.
They obviously weren’t the only generation to make a mistake. For example, two generations before they allowed the Fed to be founded. And a generation prior they fell for the war propaganda AGAIN! And obviously subsequent generations have only accelerated what the boomers began.
It’s hilarious how you boomers can talk shit about all other generations, but heaven forbid anyone bring up the boomers’ errors lol. So sorry for criticizing the boomers!
The pensions and social security funds were plundered by boomer retirees expecting to live it up for 20+ years without having to work. The generation that came before never had such a thing, no one did. Living within their means is boomer kryptonite.
The devaluation of the dollar was caused by money printing, which was demanded by boomers and their incessant need to spend more than they have.
I don't know how it works in other countries but I paid into the UK government pension scheme for 43 years and into my own private pension fund for at least twenty years. That money was invested (I had no say in it) and, assuming that it was invested wisely, should pay me minimum wage until I'm 100. In other words, the government and the private pension company are paying me back the capital that I lent them plus interest, which obviously should be less than the profits they made by investing my money. If they invested unwisely, and/or allowed someone to steal part of my capital, that's not my fault.
If your country is like mine, the pension funds have been making promises they can't keep for decades, and the solution they found to keep the ponzi scheme going was mass immigration (i.e., more people paying in so they can keep meeting their obligations for a few more years).
Wow that's a lot of programming to unpack. Good luck with that.
Programming? Lol, are you under the impression that when this is all over, we can just keep right on racking up unrepayable deficits and leaving them for subsequent generations to pay?
Obviously not. Doing so is a nation-wrecking mistake. Oh, btw, it's also exactly what the boomers did.
Oh yes you're absolutely right, the 'boomers ' are the problem, once they're gone everything will be perfect. No one but them did anything like everything you're blaming them for. And all of them, yes they all did everything wrong and were the single generation of greed and irresponsibility, suddenly out of nowhere, they all were born bad and are the root cause of every I'll the USA ever suffered. There. SMH.
Retarded over-emotional boomer talk.
They obviously weren’t the only generation to make a mistake. For example, two generations before they allowed the Fed to be founded. And a generation prior they fell for the war propaganda AGAIN! And obviously subsequent generations have only accelerated what the boomers began.
It’s hilarious how you boomers can talk shit about all other generations, but heaven forbid anyone bring up the boomers’ errors lol. So sorry for criticizing the boomers!