Friday, March 30, 2012
It made me think that none of us who were born in the fifties are actually living the future that we envisaged and it would have been impossible to prepare for our increasing life expectancy, cope with a recession that is beyond our control and manage our finances so that we can actually maintain the standard of living that the Baby boomers have raised the bar to!
"Babyboomers" is the term people born into the late forties and fifties are labelled with because we were born into a world full of optimism (after the wars) and opportunity. Women gained equality and the term DINKY was coined - Double Income No Kids Yet! Babyboomers have contributed much to the world of consumerism and in their prime and actively bought cars, homes, holidays and luxury goods injecting much wealth into industry. Now they are reaching pension age, they are now considered a problem and a burden to society! One medical aid company described them at a presentation I attended as a huge brick travelling through the body of a snake. So once we were an asset to society - we are now being blamed for putting a strain on pension and insurance schemes. Sadly its our children who are paying the cost by having to subsidise income and medical costs when governments fail to.
So I will leave you with this thought - Are these not the people who made Britain (and other countries) great? Are these not the people who fed the same pension and insurance companies with regular contributions (obviously to buy bricks for all those huge offices blocks they are fond of building)? Is this the generation that made car makers and banks prosper by their hard work and ambition to drive their own vehicles and own their own homes? Food for thought and if anyone has a solution out there - Please make a movie about it!