Friday, February 20, 2009

1, 2, 3, 4 - Let's inflame a gen war.

5 Emerging trends from the recession | Penelope Trunk's Brazen Careerist:
"Newsflash: The baby boomers got us into this mess. They borrowed against future generations. They mishandled SEC regulations. They ignored the environment. They set up a social security system that is going to break as soon as they’re done taking from it. And they took the best education this country had to offer, and then depleted the education system for the next generation.

Obama is the first Gen-X president. And, to the surprise of all the baby boomers who have been trashing Gen-X forever, it’s Gen-X that will bail this country out of the mess the baby boomers got us into.

In the meantime, Generation X is the first generation in the US ever that will earn less than their parents. And Generation Y has an incredible amount of debt due to baby boomers pushing up college costs and housing costs while real wages went down.

The under-45's are stunned by the selfishness of the baby boomer era."

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