According to the article You're not getting screwed by billionaires and plutocrats. You're getting screwed by Mom and Dad.
Systematically and in all sorts of ways. Old people are doing everything possible to rob you of your money, your future, your dignity, and your freedom.
Thought this was funny- You're getting hosed by the very same group that 45 years ago was bitching and moaning about "the generation gap" and how their parents just didn't understand what really mattered in life.
C. Eugene Steuerle and Stephanie Rennane put out a study for the Urban Institute last summer. They document that folks making average wages who retired in 2010 will get a raw deal over the coming decades. The deal will only get worse if you retire in, say, 2030.
He goes on to talk about the debt spending, and the pass on costs to our children, and their children.
Been saying these things for years, but when the Baby Boomers run the country, how do you make change? It is time for the boomers to move on and let us in the next generation fix their mistakes.