We shouldn't let grumpy old Boomers, who are over-represented in the Tea Parties, lecture younger generations about responsibility, work and savings, because they have no savings and rely on Social Security for almost all their income.
We'll still take care of you old timers, because we're well-raised and we're all in this together, but please: no more sanctimonious lectures.
The Coming Demographic and Financial Disaster – Median income of Americans 65+ is $19,167. What happens when less affluent youth move back home and clash with older generations?
Posted by mybudget360
February 2, 2012