Health & Wellness

August 9, 2012
 

The War Between the Generations is Nonsense

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By Chris Farrell | August 6, 2012
Chris Farrell is economics editor for APM’s Marketplace Money, a syndicated personal finance program.

 

 

Baby boomers came of age with the arrival of the generation gap, a time when many went by the motto “Never trust anyone over 30.” Well, my generation is now long past 30, and we seem to be on the opposite end of a new war between age groups.
This time, Americans in their 50s and 60s are charged with ruining the lives and future prospects of today’s twenty- and thirtysomethings. The proponents of generational warfare believe that the projected commitment of U.S. government resources to the elderly will leave nothing for anything (or anyone) else, including investing in the young.

I’m not buying it.

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