This is the cover from the latest issue of North&South magazine.
The Broke Generation – ripped off, or whingers?
So – first an assertion, and then a proposition for a debate.
I am wondering whether that debate though is missing the big picture… it doesn’t really matter in the end what the cause is, if in the end the assertion is actually true.
If the young are broke, and there isn’t much prospect, at least in the short to medium term of that changing, then who is going to pay for the baby boomers pensions, or buy their investment properties…??? The blame game isn’t going to solve any of those little problems.
However, lets indulge in the blame game for a while – or at the very least analyse it.
“Ripped off by the Baby Boomers? – or a bunch of whiners?”
Probably a bit of both.
Has our economic system turned into a rort that is all about extracting profit from trading rather than producing? Yes.
Has this all happened on the watch of the baby boomers? Yes.
Do they have to accept some responsibility for that, and for our current economic crisis? Yes, probably.
On the other hand…
Are the broke youngsters whining and whinging a bit too much? Yes. Probably.
Life is what it is: you get the hand you are dealt – que sera.
If it sucks, too bad. Suck it up, build a bridge and get over it, if you get served lemons then make lemonade, etc etc…
Sure the young generation have grown up in an environment of plenty and now are suddenly finding the carpet has been effectively pulled out from under them.
As for the Wrinkleys… yes they had a pretty good run, and they made the most of it. What else were they going to do? Did they blindly exploit it all to excess? Well, yes.
Que sera, that’s human nature.
Some wag once said – the only thing constant is change.
There will be tough times and good times. Everybody and every generation does what it can with what it has got, and is given. Sometimes that is good, sometimes it is bad, and sometimes it is both.
And yes, as often as not we will have done it to ourselves whenever there is a crisis. It is human nature to see a problem and be upset if you see that the problem was caused by human agency, where you had no hand in the decisions or process, but you end up suffering the consequences. It’s unfair…!
I have given up on the whole idea of “unfair” though.
It is meaningless. There is ‘what is’ and ‘what is not’. All the rest is juvenile bitching and pique. If you want to change things, then get on and do it. Be the change you wish to see(~Gandhi). Blaming something else may make you feel better, but it changes nothing. And apart from maybe your parents, nobody else is going to sacrifice themselves for you either.
Where we are up to now is – what was done was done, move on.
The younger generation is going to have to work their bollocks off to save themselves. And guess what, they sure as hell aren’t going to be saving the older generations. Either because they don’t want to, or because they aren’t able to, they will be too busy saving themselves.
So if the elder generation made some(a lot?) of their wealth by ripping off the next generations, they will probably be forced to do some serious self-examination. Because the Piper always has to be paid eventually, and do you want to face an angry Piper?
Actually, on that point it is probably already too late. It is going to be angry, and increasingly so. Because once again, that is human nature. Some-one will have to be the scape-goat.
Who would you put your money on? The old and cunning, or the young and angry?
Won’t that be fun!