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The "Greatest Generation" who guaranteed themselves the "Greatest Retirement" package. In the fairy tale, all the goods and services they consume will come from the magic money tree that the government fertilized somewhere with all the money they paid into social security.

Back in reality land, a smaller population of heavily taxed and badly paid members of the Gen X and Gen Y cohort will have to change grandma's bed pan and they better be damned productive given how long everyone's living.



Sorry, are you saying the generation that created the baby boomers didn't adequately provide a large enough work base for the social programs they wanted to access?

They call the offspring generation the boomers after all. The "greatest" did a perfect job in understanding what they were doing in that respect.

Their children, however, are the ones who use their own strength to ensure lucrative benefit programs for themselves on the backs of their offspring in the Gen X/Y bracket.


I have a pet theory that says that they are the first and last generation every to retire wholesale. I'm pretty sure my generation (I'm 31) isn't going to get to retire in the same way that my grandfather did (two sets of government defined benefit package money + teacher's retirement). Don't misunderstand me, I think he worked hard for it and played the system well, but I don't even have the opportunity to play the system the same way he did.


Considering they were born between 1901 and 1924, the Greatest Generation is mostly dead.


But not all dead! Mostly dead means slightly alive. All dead... well, there's only one thing you can do: go through their pockets and look for loose change.


Um, that would be the baby boomers, not their parents.




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