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At the barricades again: boomers fight age prejudice : Comments
By Malcolm King, published 9/7/2012But who would have thought that members of the boomer generation, who fought to end social injustice in the 1960s, would today suffer the humiliation of age prejudice?
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Yes, of course. This greedy 'long living' demographic doesn't need to eat or have a roof over their heads - after 40+ years of working. They're just old people. By all means, let them starve in the street (for having the audacity to live so long) or herd them into 19th century style workhouses, but don't even think of reducing our $30 billion annual military budget, or any other 'essential' services like corporate incentives to the wealthy.
'The boomers were/are the most privileged generation in history.'
Yep. This 'privileged' generation are now living through their third major recession (the previous ones being the late 1970s and early 1990s). Added to that, the later boomers bought into the housing market when house prices were tripling and quadrupling every 3 years, which deferred their entry into the housing market by several years in order to save the ever-inflating deposits needed(at least $300,00 in today's values) - and once finally in the market, they had to pay mortgage interest of up to 18%. They were also the first generation since the Depression to experience the serial retrenchments and downsizings of the neo-liberal/globalisation era.
Now they are being treated as some nebulous grey tsunami that is drowning the Western nations in social security debt, even though Western governments never seem to lack the funds to bail out our failed financial system.
ray51.
I know several people in your situation. I wish there were more that I could do other than just say: 'Hang in there.'