General Discussion
In reply to the discussion: Retirement delayed and broke anyway [View all]LisaM
(29,503 posts)Last edited Tue Sep 12, 2023, 04:21 AM - Edit history (2)
It's not Boomers who created this problem (I am a late Boomer myself, sometimes known as Generation Jones). Graduating from college during the Reagan years was abysmal. With my degree, I worked in retail and then at a daycare for years before finally finding a part time job at a law firm that eventually turned into a full time job. I will have to work past retirement age because rents are high and I was never able to afford to buy (every time I got close, housing prices shot up). I have seen many people who are a few years older or younger than I get laid off because of what no one will admit is ageism, worse, there are people in the workplace who actively want us gone and don't mind showing it.
It's unbridled market capitalism that is the issue, not Boomers. To hear some of my younger friends tell it, we all got out of college and caught
a gravy train when they were handing jobs out like candy and houses were free and none of us had student loans, so we all stole all the money and spent it on luxury goods for ourselves. About as far from the actual truth as you can get. Now we refuse to stop working and those who do own houses won't turn them over to younger generations, according to some.