WC Varones

Don't lend your hand to raise no flag atop no ship of fools

Generation X FAIL

The median Generation X household has spent the first half of their lives saving enough money to buy... one not particularly fully featured mid-range car!

What's 80 years old and says, "Would you like fries with that?"

4 comments:

TheCaptain said...

Why would you save money if Helicopter Ben has your back? It's all about incentives, folks.

Anonymous said...

What's 80 years old and says, "Would you like fries with that?"

A: The average Baby Boomer circa 2030... considering that almost half of them have less than $25K saved for retirement. I'm sure that will take them far.

That younger people are barely scraping by is somewhat understandable in light of the incredible rise in cost-of-living over the past 10 years. That many Boomers are struggling, having had 40 years to save in a very affordable environment and a decent economy, is embarrassing.

W.C. Varones said...

Anon,

That link is really fucked up.

They trash the Tea Party, who are the only people trying to cut spending, and they are sympathetic to Obama, who is running the biggest peacetime deficits in history.

Fuck Esquire. Left-wing partisan hacks.

Anonymous said...

OK, the point wasn't partisan hackery... I had just Googled "Boomer average retirement savings", and picked one of the links.

Numerous other articles assert the same lack of savings without the political mumbo-jumbo.

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