re: My theory on why baby boomers are criticized

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But it was started before ole Clinton got into office by GWB.

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It was GHWB.
Hence Perot warning about "That great sucking sound" in the Clinton, Bush, Perot Presidential debate.

The Millennials as a whole are such a piece of shite generation. Absolutely worthless.

Fortunately, GenZ seems much more promising.

Below-market rates is a benefit.

Try to doing a signature loan with no guarantor.

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Below-market rates is a benefit.

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This is the same argument that you guys have about home prices.

“Interest rates were so much higher back in the day!”

And every human, including yourselves, would take the higher interest rates and lower home prices over the lower rates and astronomic prices.

The artificial suppression and ease of access has resulted in a ballooning of tuition prices.

If the only option happened to be signature loans with no guarantor, a few things would happen:

1. Substantially less individuals would sign up for them and less banks would even offer them due to the risk of default.

2. The cost of tuition would fall since the loans were not backed by the government and less people would be signing up for them.

The suppressed interest rates and government backed loans caused the problem we are in and made things substantially worse.

That isn’t a benefit.

A benefit is being able to go to college for $300 a semester and to pay for room, board, and tuition with a weekend or summer job.

That is a fricking benefit.

It costs $50k for LSU (in state) and $120k (out of state). That is absurd.

And that doesn’t even account for living expenses.

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Try to doing a signature loan with no guarantor.

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With no way to discharge it, for life, including via bankruptcy, other than to pay it and massively accrued interest off?

IMO, the school should have some skin in the game as a fractional guarantor.

All those lazy millennials need to stop renting, make their coffee at home, work at Joe's Hardware Store, and support their family like that. That's how everyone else did it, what's so hard?

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If you’re not a total frick up, and work your way up, you’re easily making over $100k by your mid 20’s if you start at 18.

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OK, so lower interest rates aren't beneficial to a borrower.

Got it.

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Most Boomers will get FAR MORE out of the entitlements than they put in (SS, Medicare/Medicaid, etc). They will probably be the last generation to have that luxury.

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This is mainly the issue. That and they refuse to take the hit at all, or even share the burden. Any conversation of restructuring SS is a non-starter for them as a block. It's that selfishness that defines the generation.

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Also, will the Boomer criticism just move to Gen X as the boomer population dwindles? We seem to be skipped right over between the Millennial and Boomer warfare...

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Largely no, at least not in the current form. It might shift to "Why didn't you do SOMETHING?" But X and Xennials were largely crowded out by Boomers and didn't have enough influence.

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I got news for you pal, cops make a solid living.

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They do, especially when they seem to get all the OT they want. And a retirement at 20 years in many places. I think starting pay isn't that high overall, but it doesn't take long for them to make a really good salary and the benefits are super.

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Look up salaries for cities.

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I recently did this for Lexington, and it's out there for all states/counties/schools if you look. I was astounded how much money fire and police were making.