The Boomer Supremacy Summary

I actually wonder what would happen if the media stopped writing Generation vs. Generation articles? (not referring to the GenX article - it's good to see something a little more positive)

I think people would be more inclined to argue about how to fix the 'lifters vs. leaners' scenario in general.

 

It 's just nice to reflect on some icons of our youth and see that fellow travellers are doing ok. Not much fun getting caught up in a recession. Doesn't do much for the self-esteem. Good to see an article about my own age group for a change. We don't get out much anymore.

 

I didn't know I wasn't part of 'Gen X' until a few years back

The pepsi 'GeNext' adds gave me a false send of identity!

 

Yeah they keep moving it back. Oh well, welcome to our world.
Edit: oh OK you're not gen X. No worries then.

 

I guess if we have a recession, some of the young uns who've never been through one will start to understand.
Especially if the unemployment rate goes up.

 

They are part of a larger cycle but we had 2 great treasurers in a row for extended periods plus the mining boom. We have been fortunate.
Even Paul Keating now tells us that the 90s recession had more impact than was necessary because due to lack of stimulus. We were hit harder than most. But then the GFC has been even worse than that. We could be grateful. It seems there is some optimism resurfacing about now.
Meanwhile, the boomers stay in their lucrative jobs, X's keep working and hoping that the fun begins at 50, and the Y's either get on with it or complain about house prices. Or both. House prices Are very high.

 

I really cannot see any point in comparing the advantages and disadvantages of different generations.

Yes, I am one of the envied baby boomers.

But I left school aged 15 after getting 8 As in the Junior examination and going to work in an office. That's what girls did in the early 1960s, unless you wanted to be a teacher or a nurse. I did want to be a kindergarten teacher, but that meant a private college, and my parents had my two younger brothers to educate. After all, girls only worked for a few years then got married and stayed home to raise children, so why waste money on an education?

There were exceptions, but they were few and none in my parents sphere.

I am not complaining as i enjoy a wonderful life. But I did make sure my girls got the same education opportunities as my son, and all have completed post grad qualifications.

The same with all generations - there are opportunities out there and obstacles to overcome.
Marg

 

I'm Gen X. My parents were BB and my son is Gen Y.

My parents worked so hard for everything they had. Neither finished year 12 or had an opportunity to go to uni.

My mum was forced to give up her job when she got married. When she had children there was no childcare. She ended up bringing up 3 kids on her own which wasn't easy. Far more support these days.

I compare that to my 21yo old son who is one of the laziest kids I've ever met. He's about to graduate from his media/arts degree.. But actually spends most of his time playing xbox etx. He expects everything to be given to him.

 

I won't ask who they were
The boomers will start moving to their coast places soon, will add to the tourism boom.

 

ok then, 3.

 

Coast.....pffft.

 

Does he still live at home? Kick him out - I know I appreciated everything a lot more when I had to do it myself

 

Looking back I reckon I realised at approx age 23 that the only one responsible for whether I succeed or not....is me.

I learnt that the buck stops with me and my attitude.

Personal accountability and a willingness to give it a red hot go and make good things happen....way more important than whether you were born in the 40s or the "noughties" I reckon.

I just turned 39 and am very grateful and thankful for all I have in my life right now.....it's my own fault

 

I was pretty sure you're a lot younger

 

I knew this was going to be a long thread (114 posts) about the stuff which has been discussed a million times

MTR

 

3 great treasurers? Now that is a bit far fetched.
I could name a couple of fairly ordinary ones.

 

Luckily for us, human nature is predictable and history repeats itself..... its one of the factors allowing us to make make money from property after all!

 

Probably because I "act" a lot younger

 

Hahaha... i was tired and hungry from flights and the drive.I can assure you the 'act' has little impact. You do look very young, like 32

 

Appreciate the love!