Flipin’ baby-boomers! I laugh when I hear people say that it is my generation (Gen Y) that is the most self entitled in history. Make no mistake the baby-boomers are by far the most entitled generation of all. They lived an overleveraged lifestyle in the prime of their earning years which lead to massive bubbles that nearly broke the financial system, which in turn has resulted in a bleak economic outlook for the people of my generation when we reach our prime earning years, that is if you are able to find a job at all. Now it appears a fair share of them didn’t even have the foresight to save for retirement and are now forced to work longer into their lives, which results in a depressed job markets for new graduates. When they are finally booted out the door they probably won’t have enough money saved and will expect the younger generation, which they already have greatly disadvantaged, to prop them up until the die.
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