A Meatloaf Song held a refrain 'Now I am waiting for the End of Time'. Most of the World probably awaits the retirement of the Baby Boomers, though they are unlikely to realize it. This is not a rant against older Workers, as the Author is himself a Baby Boomer. It simply reflects the World desire for the Baby Boomers to slow down. The Author believes a List should be made for understanding:
Who collects the highest Wages and Benefits--Baby Boomers
Who spends the most for Health Care --Baby Boomers
Who buys the Gas-guzzlers --Baby Boomers
Who buys the expensive Real Estate --Baby Boomers
Who does 80% of the Investment Speculation --Baby Boomers
Who refuses to act their Age --Baby Boomers
The Author's own Generation will stop all the above-mentioned Antics with Retirement; at least, it is so hoped! They may just conclude it is time for another round of Plastic Surgery. The purchase of more Homes likely will end--it being not unusual for Baby Boomers to own 2,3, or 5 Residential addresses. They own the Family car for Church, the SUV to drive to Work, the RV for Camping, and the Pick-up to haul the trash(don't forget about the Boat and Trailer). They remain Warren Buffet Wannabees, so they search the Trade Papers, and dump spare Cash on quick, Overnight Flyers. They finish by 'Keeping up with the Jones' to wit: Marty down the street just got a Twenty grand raise, I have to demand Thirty grand tomorrow.
Economic heresy: The World Economy has to downsize; it requires too many Resources, too much Capitalization at too small a Return, and there will be a shrinking Labor Force in the future. The World simply has to throw Us Consumption Junkies out of the Office first. lgl
No comments:
Post a Comment