Baby boomers ruined America: Why blaming millennials is misguided — and annoying

[unhappycamper]

http://www.salon.com/2014/10/20/baby_boomers_ruined_america_why_blaming_millennials_is_misguided_and_annoying/



It may be fun to bash today's youth -- but here's where the awful job economy and ailing planet actually came from

Baby boomers ruined America: Why blaming millennials is misguided — and annoying
Alexander S. Balkin
Monday, Oct 20, 2014 07:00 AM EST

Readers of this post have no doubt seen articles admonishing millennials for their perceived apocalyptic effect on the workforce, society, family and everywhere in between. The seemingly endless list of complaints about millennials begins with lazy and pampered, and ends with “selfies.” The accusations, guilt and fear-mongering are unfounded and – even worse – are mostly blame-shifting. Frankly, I am tired of it. What makes the millennial-bashing even more unbearable is the generation that is slinging the mud: the baby boomers.

Baby boomers came of age in an era of unprecedented prosperity. They were raised by parents who had survived poverty, war and the true sacrifice of a generation burdened with great moral struggles. As a whole, they experienced economic and physical security. Baby boomers received, by today’s standards, inexpensive and widely available education, preparing them for a thriving and open job market. Success at the beginning created a strong foundation for financial and personal success on a level the world had never known.

This led to America’s greatest asset: the middle class. So what did they do with all their good fortune? From the time the baby boomers took over, the United States has experienced an economic environment plagued with unfounded asset and real-estate bubbles and collapses. The bubbles were caused by blind greed on the part of investors, and a blind eye on the part of regulators. The baby boomers forced the financial and banking system out of relative security to high-risk systems.

The perfect example of this was the 2008 collapse of the toxic housing debt market. In government, baby boomers ballooned the defense budget beyond the point of reason. They then raided government programs to pay for their mistakes. Regarding the environment, baby boomers left the United States reliant on coal (cough, cough) while eroding the advanced nuclear energy infrastructure built by their parents. We can thank baby boomer leadership for a nation that has no sound policy on foreign affairs, the environment, energy, social welfare, human rights, terrorism, technology development, education, debt, etc. The point being, baby boomer leadership has provided America with a government that is the most partisan and self-serving the union has ever seen, and remains entirely reactive to the world around it.

[djean111]

1. What is misguided is blaming a particular age group for anything whatsoever.

I believe it is more the 1%, banks, the MIC, and corporations tightening their hold on the earth.
Using that broad brush is merely divisive - as it is meant to be, of course.

[1StrongBlackMan]

2. Posted to for later.

[rock]

3. I have to agree with djean111 above

You have one opinion (which of course you're entitled to) and I have another. Here's mine: what you have in your in your OP is a cliche-ridden argument which is strictly as prescribed by the crap the man has been selling for decades. Not that I blame millennials, but I also do not blame baby-boomers. I do blame the 1% and the corrupt politicians that have been in a hurry to sell out.

[Little Star]

4. Greed is what ruined America.

[rurallib]

5. Looks to me to be much more descriptive of Republicans than baby boomers

I am a boomer and the boomers I knew were those damned hippies that stood against war and poverty and poisoning our food systems, air and water. The list could go much longer.

[femmocrat]

7. Right... and I remember the first Earth Day!

I think the boomers were (and still are) very pro-environment.

[fredamae]

6. Reaganomics Ruined America

And Reagan was No "Baby-boomer".
And at this point Why are we seeking a credible place to lay Blame? Isn't that a bit distracting from finding and building Solutions?