And the band played on….
Yet as troubling as that may be, the sixties were in many ways the Boomers’ finest moment. It was at least a fad then to pretend to care about racial justice at home and war abroad, to speak out against pollution and prejudice. But it was mostly just talk. As they came of age, and as idealism might have required some real sacrifice, idealism suddenly became unfashionable.
— The Worst Generation, Or, how I learned to stop worrying and hate the Boomers
By Paul Begala
TO some, millennials — those urban-dwelling, ride-sharing indefatigable social networkers — are engaged, upbeat and open to change. To others, they are narcissistic, lazy and self-centered.
I’m in the first camp, but regardless of your opinion, be fretful over their economic well-being and fearful — oh so fearful — for their prospects. The most educated generation in history is on track to becoming less prosperous, at least financially, than its predecessors.
They are faced with a slow economy, high unemployment, stagnant wages and student loans that constrict their ability both to maintain a reasonable lifestyle and to save for the future.
Longer term, rising federal debt payments and increased spending on Social Security and Medicare will inflict a tremendous financial burden on them, threatening their own prospect of receiving promised retirement benefits.
To a considerable extent, that’s the fault of my generation, the baby boomers. We were the children of the Greatest Generation, but we may also be the most irresponsible generation.
—We’re to blame for the millennials being such a bunch of jerks, Steven Rattner, NYT.com.
As ye sow, so shall ye reap….