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Old 12-21-2010, 11:27 AM   #45
The Yen Man
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Quote:
Originally Posted by WilsonFourTwo View Post
The reality is that most Boomers have spent the last 40 years living the high life. They spent all of their money/credit, spent all of their kids money/credit and intend to retire on their inheritance.

I think they should be forced to live a simple, meager life as a way of trying to balance the scales. Simple homes, simple meals, simple entertainment. Want something extra......find your own cash.

/rant

(Sorry - this sh*t just infuriates me)
I think you're generalizing too much here. Of all the baby boomers that I know of, none of them fit your description. If anything, they're the ones supporting their kids well into their 20s because their kids cannot afford to buy a house and are thus forced to live at home and save. Meanwhile, some of those kids have given up ever owning a home and are the ones buying expensive cars, iphones and ipads, and go on backpacking trips to Europe and Asia.
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