The Baby Boomer Debt – Are GenX and GenY Paying Any Attention at All?

So Detroit wants $50B to subsidize their inefficient unions.

And Boomer politicians just gave the Financial Industry $700B to help them recover from a mess Baby Boomer politicians created – and Baby Boomer financial executives helped along.

Who is going to pay for this $750B?

Our kids – and theirs.

And they voted on this?

Nope.

 

But wait – there’s more!

Social Security? When that tanks? Who pays for that?

Our kids – and theirs.

And they voted on this?

Nope.

 
And nationalizing health care? As Canadian doctors are suing Canada to get out of Single-payer? As Swedish doctors are suing Sweden to get out of nationalized health care?

Costs will be paid by…..

Our kids – and theirs.

And they voted on this?

Nope.

 

Are you aware that the national debt in 1970, before the Baby Boomers began holding office (and before otherwise sensible adults voted to give 18-year-olds the vote), was $389 Billion?

Are you aware that today, 7 November 2008, the National Debt as run up by Baby Boomers is: $10,574B? That’s an increase in the Debt of $10,185 Billion! An increase of 2,711 percent!

Nearly three-thousand times what the Debt was before Baby Boomers began holding office?! 

And it is growing at about $4B EVERY DAY.

Thanks Baby Boomers!

 

When will Generations X and Y wake up and stop supporting Baby Boomers – both parties – for office and start taking control of their own futures rather than continuing the stupefyingly selfish and stupid policies their Boomer parents have foisted on them – without their vote?

Taxation without Representation”?

Absolutely.

 

Anyone remember what happened NEXT?

About Alex Scipio

About Alex Scipio: Alex moved out of the People's Republic of California to the Free State of Arizona, finally tiring of the lack of the Bill of Rights, the overgrown idiocracy, and the catering to non-Americans & welfare recipients. He still wonders how America got from Truman, Eisenhower, and Daniel Patrick Moynihan to the Liberal and Conservative extremes so badly managing America today. And, yes, islam DOES need to be annihilated. And doing what he can to get folks away from the extremes of political life.
This entry was posted in Baby Boomers, Domestic, Taxes & Economy. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *