Sal wrote:Sometimes I get the feeling you think I'm a Millennial.
I'm not, I'm a Gen Xer.
We're too busy working and raising our kids to worry about it too much at the moment.
You are right about the Millennials tho.
They're pissed and have every right to be.
They can't even find jobs.
They may very well come after your shit at some point, and we won't stand in the way because you screwed us too.
I don't have to guess at your age, Sal, because you revealed in a past thread you were in your early 40's.
There is one reason there are fewer middle class sustaining jobs with union benefits for gen ex'ers, Sal.
It's because hundreds of millions of peasants in China were willing to replace those jobs and do it for less than a dollar an hour with no benefits.
Any understanding of why the world economy evolved that way is very very complicated.
BUT, if we're going to try to boil it down to which American generation played the most significant role in making it happen, it aint boomers.
Three Americans had more to do with it than any other. Nixon, Kissinger, and Hank Greenberg, my first cousin's father-in-law. And that's with emphasis on
FATHER-in-law. "Father" designates the generation before us.
Nixon, Kissinger and Greenberg were all the generation prior to mine. The "Greatest" Generation. Hell, Greenberg landed at Normandy on D-Day.
Those three were most responsible for "opening up China".
That was the beginning of that economic evolution I referred to.
Once he'd played the role of being Nixon and Kissinger's "man on the ground" in China to open the thing up, Greenberg then spent the rest of his life building a pillar of the financial system which eventually led us all to the "Great Recession".
And he himself went down the tubes with it then, taking most of his $6 billion down the tubes with him too.
They were not my generation, Sal. They were your grandparent's generation. So if you're gonna blame a generation, blame that one.