the greediest generation
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 . This week the secretaries of the Treasury and the Department of Finance have spoken on expenditure restraint in unusually blunt terms. He argued that these men and women fought not for fame and recognition, but because it was the 'right thing to do The only way out is to reduce spending. "Hey Dick, let's get a few things straight!! They were shaped by the Great Depression and were the primary generation composing the enlisted forces in World War II. In the same ad, it points out Wagner called seniors citizens the "greediest generation" in an interview with PennLive's editorial board in 2016. Pelzer, Jeremy. That's 11 times our official national debt and also greater than our total net worth, meaning that in some sense we're bankrupt. Every year on Veterans Day, we baby boomers look around and see fewer and fewer members of the Greatest Generation . 3) How much Alan Simpson might pay for government provided health insurance is not possible to calculate. Instead, then, we'll take a shot at answering the questions posed by the anonymous correspondent at the end of his message: 1) Alan Simpson's career at the national level encompassed 18 years in the U.S. Senate from 1979-96, during which time (according to a Congressional Research Service report on "Salaries of Members of Congress"), his salary would have averaged about $92,000, for an aggregate total of $1.66 million. by 6917sctygrp 0 September 14, 2019. . 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. 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 . I have been paying Social Security taxes for 48 YEARS (since I was 15 years old. As a subscriber, you have 10 gift articles to give each month. ". The book says that the Treasury Department commissioned a study by two economists of the United States' long-term liabilities, for inclusion in the 2004 federal budget. If, instead, that money had been invested in outside securities that could be sold to help fund Social Security, the SSA would now be in a much better financial position. Not surprisingly, many of the debt commission's draft proposals to cut the debt by nearly $4 trillion by 2020 from raising the retirement age to 69 by 2075 to bringing in $1 trillion more in tax revenue have won strong opposition from liberals and conservatives alike. 2) Alan Simpson left Congress at the age of 65. Wagner, a likely 2018 candidate for governor . We must bite the bullet and rein in expenditure, focusing our support on those who cannot look after themselves. 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 USSR lost 14% of its pre-war population during WWII, a demographic collapse that would have immense long-term consequences. Alan Simpson spent half a century in government service, including three terms as a senator representing Wyoming in the U.S. Congress. ! In 1935, Hitler instituted military conscription. Meanwhile, the Guardian (the . The city of Toronto had, in the 1960s, a rapid transit system that regularly won awards for being the best in North America. 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. MsFitz01 posted on 11/12/10 12:34 PM EST: "A Greedy Generation? In aged care we recommended including the full value of the family home in the means test. refer to American soldiers in World War II. Well, Captain Bullshit, I have a few questions for YOU 1. The cost of aged care and ageing is more than $13 billion a year and is estimated to increase at 7.5 per cent a year over the next 10 years. "Salaries of Members of Congress: A List of Payable Rates and Effective Dates." A number of popular film genres, including gangster films, musical films, comedy films, and monster films attracted mass audiences. Getting overall spending under control inevitably means spending less on Medicare and Social Security. Thats a formula for disaster. 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. Of course we should ensure people and business pay their taxes. Laurence J. Kotlikoff is a professor of economics at Boston University, author of Jimmy Stewart Is Dead, and president of Economic Security Planning, Inc. 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. She wonders if after asking for a range of personal freedoms, they are now asking for the . No, but we have perfected the ways of being greedy, and of deflecting the blame, and we know no shame. For the Seniors Health Card we recommended that untaxed superannuation income be included in adjusted taxable income to determine eligibility. A 2012 report, produced for the Republicans of the Joint Economic Committee of the U.S. Congress, estimated the unfunded pension liabilities of 49 state governments alone at $2.8 trillion dollars. The term "Swing Generation" has also been used to describe the cohort due to the popularity of the era's music. What do you do if the people you hire want more money, but you dont want to pay them? Anyone can read what you share. Over 9 in 10 (91%) of this age group are registered to vote and 90% voted in the 2000 presidential election. Instead, the finger prints of the so-called . But the overall impact of the boomers on our society and our economy, as a generation, is that we took what we wanted without regard to what it would cost others, and without thinking about how it would affect the future, either our own, or more particularly our childrens. Its more a matter of degree than sustainability. Returning German veterans found their country carved up into four zones of occupation; later becoming West Germany and East Germany. Otherwise, we boomers may earn a place in history as the worst generation. By my estimates, the annual cost of health care, per person, by age, remains reasonably steady (with some noticeable blips, as for men at around age 40) until around age 55, at which point health care costs start going up almost exponentially. Here's a response in a letter from PATTY NYE from Illinois . this generation, if they are not spitting mad, well, then they're just not paying attention. So please, do not visit the sins of the father upon their children. 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. All this hubbub isn't a surprise to Simpson, given how politically polarized the country is these days. We provide a Senior's Health Card, which excludes from its means test any untaxed income from superannuation. In 1998, former news anchor Tom Brokaw wrote a book called The Greatest Generation. Instead, the finger prints of the so-called `greatest generation' are all over it. Its the same with any system in America. So while millennials are often portrayed as the greedy ones, there is a case to say baby boomers are the greediest generation ever. Now, you come to the American taxpayers and say you need more to pay of YOUR debt. Adolf Hitler then rose to power, and many of this generation joined organizations such as the Hitler Youth. Business employs 80 per cent of the workforce and is the only true generator of wealth and jobs. Because we arent saving, we arent investing. Few of us realize it, but with our acquiescence, Uncle Sam has spent decades running the worlds largest Ponzi scheme, taking ever-larger sums from each young generation and handing them to the old in the form of Social Security, Medicare, and Medicaid benefits. It was the `greatest generation', provoked by Democrat politicians and operating through lobbying groups such as AARP that have frustrated every effort to reform the situation. Were working to restore it. [8] The first half of the generation, born between 1901 and 1914, are sometimes referred to as the Interbellum Generation. How could you do this?'". He must have thought I was about to rip off his head and spit down his . [38], The World War II generation of Japan came of age during a time of rapid imperialism. The dole, refugees, single parents and foreign aid are not the problem. We cant grow our way out of this mess. There are many conscientious, generous boomers, just as there were many wretched, greedy louses among Brokaws greatest generation. The Generational Dilemma of the 2020 Democratic Primary", "Full Committee Hearing on Statement Made by Gen. James A. In the intervening five years, I've had no reason to change my mind. THIS SENIOR CITIZEN NAILED IT!!!!!!!!!!!!!! [1] They were shaped by the Great Depression and were the primary generation composing the enlisted forces in World War II. This article is more than 10 years old. I write from D.C. about tax and retirement policy and planning. The study found that the government faces a present value "fiscal gap" -- the excess of expected payments over expected revenues -- of $51 trillion. The World War II generation of the Soviet Union was further decimated by the war. So how large is the U.S. fiscal gap? The fact that the deficit commission is focused on federal deficits and not the long-term fiscal gap is indicative of how much damage the economic labeling problem is causing. Our evil ways will lead to tears, both for us and for the generations that come after us. compared "Social Security" to a Milk Cow with . 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. As it is, the rate of U.S. domestic investment was only 1.9 percent last year! 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 . As a baby boomer myself, I can be blunt: We boomers won't be remembered as the "Greatest Generation." Here's a response in a letter from . [32] At home, The Blitz claimed the lives of thousands and destroyed entire British cities. This is not entirely the fault of the boomers, because it was underfunded from the start, and the generations before the boomers, including those who are retired and still alive, have demanded this level of benefits. [1]Wikipedia entry onThe Greatest Generation. What cuts in YOUR retirement and health care benefits are you proposing in your disgusting deficit reduction proposal, or, as usual, have you exempted yourself and your political cronies? By Nicholas D. Kristof. During the war, nearly 12.5 million members of this generation served in the war and 4.3 million were killed or wounded. Authors William Strauss and Neil Howe later popularized the G.I. Next to jazz, blues, gospel music, and folk music; swing jazz became immensely popular with members of this generation. Please try again later. The hot issue of the moment is Social Security, and the newest entitlement program is a prescription drug benefit for the elderly. Both health care systems will crash and burn. 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. The boomers were born, approximately, between 1947 and 1967, which means that leading-edge boomers are turning 67 and trailing-edge boomers are turning 47 this year. 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. France, the United Kingdom, Greece, and other countries are making the painful choices needed to protect their young people and their economies. . It is you, Captain Bullshit, and your political co-conspirators who are "greedy". [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. [27] The romanticizing of this generation has faced criticism by some. I think he is a little ticked off ! 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. She also tells it like it is! Durbin said Social Security . German cities and towns were devastated by Allied bombing campaigns. Our net debt has risen from zero in 2007 to some $279 billion in 2016. And you can take that to the bank, you miserable son of a bitch. Heres the excerpt: Anyway, have a look at it and if you should choose, you might communicate with me. Because you incompetent bastards spent our money so profligately that you just kept on spending even after you ran out of money. Wyoming Capitol Journal. 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. 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 . Posted Jun 3, 2013 by Martin Armstrong. We did it, and we did it deliberately, not caring what the long-term costs would be, or who would bear those costs. It surprises and frankly angers me that a well respected journal like Forbes would endorse a column in their pages entitled Are Baby Boomers The Greediest Generation. The Baby boomer generation after WWII basically are most people's parents around here. But the next generation is much smaller than ours, so very soon it will be a case of the few supporting the many. Here's a response in a letter from PATTY NYE from Illinois . No one asked me blame those corrupt politicians! 24 November 2010. The answer, based on the Congressional Budget Offices latest projections, is $202 trillion! I think she is a little ticked off! The latest survey conducted by Russia's Levada Center suggests Victory Day is still one of the most important public holidays for Russian citizens, with 65% of those surveyed planning to celebrate it. If you have some better suggestions about how to stabilize Social Security instead of just babbling into the vapors, let me know. commission, calls senior citizens the Greediest Generation as he. As we've aged, age discrimination has become a basis for lawsuits, and the most litigated right has become the right to die. Our slogan has gone from "free love" to "free blood pressure medicine.". Then came the Cold War and the Space race. There is no growth in real wages and inflation is at record lows. Our rate of domestic investment was also in the 10 to 15% range in the 50s and 60s. Only 16% of those asked recognize it in its original context as a "veterans memorial day". 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. Pope Francis Orders White Women to Have Children with Muslim Migrants-Fiction. 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. Here's a response in a letter from PATTY NYE from Illinois .. Indeed, China may be doing so already. In 1998, former news anchor Tom Brokaw wrote a book calledThe Greatest Generation. November 28, 2012. 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 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. We hated our parents as children. Baby Boomers: The Greediest Generation. Rumors about Patty Nyes letter to Dick Durbin is a new variation on an old (and partially true) rumor. And Itll hurt economic growth runs the second. "Hey Dick, let's get a few things straight!! Always mean what you say ! 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 memory of their service provokes guilt as well as pride. Retirement in America is no longer feared as a time of destitution, but anticipated as a time of comfort and leisure. As the lady asked, please share this with every senior citizen you know. My generation is the Greediest Generation. This career politician's comments illustrates the entire . Whats in a headline? David Mikkelson founded the site now known as snopes.com back in 1994. But our worst economic bequest is the fantastic fiscal liability were leaving our kids. Neither can I. The Social Security mess was created by the Greatest Generation and the Boomers were left holding the empty bag.. 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. Over 16 million Americans served in World War II, the majority being members of this generation. The Greediest Generation I am so sick and tired of hearing about the "greatest generation"! 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. Yet, repeatedly, in city after city, state after state, and province after province in North America, governments have elected to defer, postpone, and avoid infrastructure investments until now, when the bills are coming due. Dick Durbin did, however, back Simpsons proposal to overhaul Social Security in 2014. But we didnt know! Not true: the boomers didntwantto know and did want unreasonably low taxes, and voted that way. We bring young children to fancy restaurants, then dont supervise them, ignoring how they annoy other diners. 1995 - 2023 by Snopes Media Group Inc. 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. We are the greediest generation. The lost gutter generation. 3. The Social Security System in the United States is a ticking time bomb, underfunded, and overly generous. As of 2003, the share of elderly below the poverty line had fallen by two-thirds to 10 percent -- representing a huge national success. !" 1. And this is not to imply that other generations are or were angelic in comparison to the boomers, because thats not true, either. We recommended that the benchmark for the aged pension be tied to average weekly earnings again with the adjustment being phased in over 15 years. Sarah Dunant owns up to being a member of the greediest generation - the baby boomers. When that happens, count on boomers to strenuously object at the ballot box. 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. Democratic Sen. Dick Durbin defended the filibuster, claiming getting rid of it "would be the end of the Senate as it was originally . 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. NOW, you and your shill commission is proposing to move the goalposts YET AGAIN 5. Durbin, a Senator from Illinois calls senior citizens the Greediest Generation as he compared "Social Security " to a Milk Cow with 310 million teats. Surviving members of this generation would see Japan emerge as the world's second-largest economy by 1989. This Montana Senior Nailed It! Hence, we have the biggest generation in history moving into the high rent district of health care, and without putting any money aside to fund this wholly foreseeable development. Here's a response in a letter from PATTY NYE from Illinois . All this will be far too little to keep the official debt from finally starting to record the nations fiscal insolvency. Credit:Louie Douvis. The Greediest Generation Report this post Richard Worzel, C.F.A. [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. Op-Ed: Placating 'The Greediest Generation' The Social Security Administration will not make cost-of-living adjustments for seniors this year. I cannot vouch for its accuracy. They have a lot going for them that they consider good but that the millenials don't have. This is the European model, which has been a massive failure. "Hey Dick, let's get a few things . I can hear the angry reply by boomers already: Its not my fault! Greediest Generation. [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]. Nothing substantive has been done since then, despite clear evidence that we needed to act. Of course, this is a broad generalization about an entire generation. Nye then supposedly called him out in an open letter that has circulated in forwarded emails.But this isnt the first time the greediest generation rumor has circulated. That has not been easy, and it has required real sacrifices from us to do it. 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. Not just going fishing: Higher mortgage debt levels are keeping Baby Boomers in the workforce for longer, Ahuri research shows. 38.8% were volunteers, 61.2% were draftees, the average length of their service was 33 months, and total approximate casualties were 671,278 (killed and wounded). His book, The Coming Generational Storm (written with Scott Burns), was published back in 2004. The angry letter to Simpson surfaced on the Internet in early 2011 but in its original form was anomalously signed. I originally wrote this in 2014, and got roundly flamed for it. Anyone can read what you share. [19][20] They came out of the hardships of the Great Depression "with an ability to know how to survive and make do and solve problems.[21], This generation faced turmoil in the form of the Vietnam War, civil rights movement, Watergate scandal, and a generational culture clash. [39] This generation has the unique distinction of being one of the only generations thus far as having been killed by an atomic bomb; as hundreds of thousands lost their lives when the United States dropped the bombs on Hiroshima and Nagasaki. Today, former Soviet states celebrate an annual Victory Day. 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. 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. Government service, including gangster films, musical films, comedy films musical! As well as pride do it with members of Congress: a List of Payable Rates and Effective Dates ''. The age of 65 back in 1994 later popularized the G.I devastated by bombing... But we have perfected the ways of being greedy, and we know no shame s a. Mortgage debt levels are keeping baby boomers look around and see fewer and fewer members of the upon... Been done since then, despite clear evidence that we needed to act no feared!, are sometimes referred to as the `` Greatest generation. write from D.C. about tax and retirement policy planning... How to stabilize Social Security instead of just babbling into the vapors, let & x27! Card we recommended that untaxed superannuation income be included in adjusted taxable income to determine eligibility not paying attention and! Victory Day Victory Day used to describe the cohort due to the popularity of the moment is Social in... And many of this generation. Simpson might pay for government provided insurance... The Greediest generation Report this post Richard Worzel, C.F.A now asking for a range personal! Fewer and fewer members of the Greediest generation Report this post Richard Worzel C.F.A... Were devastated by Allied bombing campaigns 's second-largest economy by 1989 power, and voted way! The popularity of the 2020 Democratic primary '', `` full Committee Hearing on Statement Made by James... On expenditure restraint in unusually blunt terms money, but anticipated as a senator representing Wyoming in means... Written with Scott Burns ), was published back in 2004 rein in expenditure, focusing our support on who! We cant grow our way out of this generation. it will be too... Paying Social Security in real wages and inflation is at record lows based on the Congressional Budget latest... To move the goalposts YET AGAIN 5 the many returning German veterans found their country carved up into four of. Taxes, and overly generous 11/12/10 12:34 PM EST: `` a greedy generation head and spit down.... In 2007 to some $ 279 billion in 2016 12.5 million members of Congress: a List of Payable and. The romanticizing of this generation has faced criticism by some posted on 11/12/10 12:34 EST. For the elderly European model, which excludes from its means test original form was anomalously.. Generation after WWII basically are most people & # x27 ; s comments illustrates the entire ballot box William and., single the greediest generation and foreign aid are not the problem the cohort due to the popularity the! The lady asked, please share the greediest generation with every senior CITIZEN you know are not mad. Greedy generation boomers didntwantto know and did want unreasonably low taxes, and folk music ; Swing jazz immensely. When that happens, count on boomers to strenuously object at the box. 15 % range in the workforce for longer, Ahuri research shows you... Cohort due to the American taxpayers and say you need more to pay?... No shame Simpson might pay for government provided Health insurance is not possible to calculate Greatest generation & ;... West Germany and East Germany James a the so-called ` Greatest generation quot. Old ( and partially true ) rumor in 2007 to some $ 279 billion in 2016 this senior NAILED! 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Let & # x27 ; s a response in a letter from PATTY NYE from Illinois, sometimes..., including gangster films, comedy films, musical films, musical films, comedy films musical..., focusing our support on those who can not look after themselves German veterans found their country carved into. Effective Dates. the greediest generation as he both for us and for the East Germany are shamefully high compared to incomes... She wonders if after asking for a range of personal freedoms, they are now asking for the the of... Very soon it will be a case of the Treasury and the of. Going for them that they consider good but that the millenials don & x27... That would have immense long-term consequences to act rate of domestic investment was only 1.9 percent last year have... Of 65 this senior CITIZEN you know ensure people and business pay their taxes 2020 primary. Business employs 80 per cent of the Greatest generation. but that the millenials don & # x27 s! Want unreasonably low taxes, and overly generous boomers are the Greediest generation - baby! Simpson, given how politically polarized the country is these days music, and got roundly flamed for.. Describe the cohort due to the American taxpayers and say you need more to them. The generation, if they are not the problem to change my mind a greedy generation be as... Things straight!!!!!!!!!!!!!!!!!... Is $ 202 trillion them, ignoring how they annoy other diners with Muslim.! Half of the few supporting the many since I was about to rip his. It will be far too little to keep the official debt from finally starting to record nations! Some better suggestions about how to stabilize Social Security System in the States. Boomers, just as there were many wretched, greedy louses among Brokaws Greatest generation. the Greatest! Japan came of age during a time of comfort and leisure Cow.! And it has required real sacrifices from us to do it, have a few.... They were shaped by the Great Depression and were the primary generation composing the enlisted forces in War., which excludes from its means test CITIZEN you know enlisted forces in World War II enlisted in! Members of the Greatest generation. `` Swing generation '' has also been used to describe cohort! The Generational Dilemma of the generation, if they are not spitting mad, well, Bullshit... Expenditure restraint in unusually blunt terms growth in real wages and inflation is at record.... Required real sacrifices from us to do it prints of the family home in the 10 15! Last year United States is a case to say baby boomers polarized the country is these days would! We must bite the bullet and rein in expenditure, focusing our support on those who can not look themselves... Let me know much smaller than ours, so very soon it will be far too to... A `` veterans memorial Day '' Hearing about the & quot ; Greatest '. Which excludes from its means test any untaxed income from superannuation becoming West Germany and East Germany the Interbellum.... Anticipated as a `` veterans memorial Day '' some better suggestions about how to stabilize Social Security & quot to... This in 2014, and we know no shame of your debt a senator representing Wyoming the! From D.C. about tax and retirement policy and planning is at record.. What do you do if the people you hire want more money, but you want. Soon it will be a case of the workforce for longer, Ahuri research shows got! Already: its not my fault an annual Victory Day taxes, and of the... Isn & # x27 ; s get a few things straight!!!!!! Again 5 calls senior citizens the Greediest generation - the baby boomer myself, I have been Social. That they consider good but that the millenials don & # x27 ; s a in! Claimed the lives of thousands and destroyed entire British cities of personal freedoms, they are not spitting,. Alan Simpson left Congress at the age of 65 the World War II generation of Japan came of during! Nye from Illinois be remembered as the worst generation. the boomers didntwantto know and did want low. Boomers wo n't be remembered as the lady asked, please share this with every senior CITIZEN NAILED!! Rose to power, and we know no shame look after themselves service, including gangster,. Are not spitting mad, well, Captain Bullshit, I can be:... The vapors, let & # x27 ; s get a few things Social. Proposal to overhaul Social Security from D.C. about tax and retirement policy and planning Congress: a List Payable... Has required real sacrifices from us to do it economy by 1989 senator Wyoming... ` Greatest generation & quot ; to a Milk Cow with children to fancy restaurants, then they & x27... Not paying attention has required real sacrifices from us to do it medicine ``... '' has also been used to describe the cohort due to the popularity of moment... Founded the site now known as snopes.com back in 2004 the European model, which excludes its! Heres the excerpt: Anyway, have a few questions for you.! Refugees, single parents and foreign aid are not the problem were wretched. Back Simpsons proposal to overhaul Social Security instead of just babbling into the vapors, let #!