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Timmy Taes's avatar

Jayzus, Rufus! You sound like you went to college back in the 70s. For us Hippie Rednecks in the Upper Midwest who had draft lottery numbers for the Vietnam War (which you didn't even mention) life was a bit different from those crazy hippies taking over universities and doing sit-ins. We fasted. We went on the lam. We tried everything to avoid the draft. But we didn't go to college. We didn't have connections.

And then in August of 1971, Nixon took us off the gold standard on the 15th, and us boys born in 1952 had our birthdates drawn out of a lottery drum on the 21st to see if we'd won a free trip to Vietnam.

Our parents told us we were on our own and good luck!

We worked blue-collar jobs. Saved our money. Got married. Then women's lib convinced our wives that we were just sperm and money donors. That was a costly, depressing situation.

Ever since Nixon took us off the gold standard, inflation has gone crazy. By 1981, Fed Chairman Volcker had interest rates at 21% to try to get inflation under control.

Buy a house? Are you nuts? My wife and I couldn't buy a house. So she divorced me and found a government "worker" who could buy her a house.

I don't know what kind of place you spent your younger boomer years, but it wasn't the one I was in.

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V. Dominique's avatar

It wasn't boomers who started the so-called counterculture. Most of the founding members of the Yippies! were too old to be boomers. (The oldest Yipster was born in 1915.) Timothy Leary was not a boomer. Ken Kesey and his Merry Pranksters weren't boomers. The Chicago Seven weren't boomers. Owsley wasn't a boomer. Most of the members of The Beatles, The Rolling Stones, Jefferson Airplane, The Doors, Sly and The Family Stone and The Mothers of Invention (to name a few) were not boomers.

It sure as hell wasn't boomers who controlled the music industry and used it to push "sex, drugs and rock 'n' roll". Who were they working for? The CIA? Tavistock? Some people have made what seem to be credible arguments that the 60's was one big psyop intended to disrupt the social order.

As for those who actually were among the older boomers in the 60's... those born between 1946 and 1950... most studies place the number that actually identified with the counterculture at 15 to 20 percent.

Which brings me to the myth that boomers made out like bandits.

Growing up with parents who had "full employment, cheap tuition, affordable housing, and a pension plan at age 24" is one thing, but the boomers weren't so lucky. The economy began tanking as the oldest boomers were just starting to enter the job market, beginning with stagflation, which was followed by the oil embargo, as well as the move to "outsource", "offshore" and "downsize" the manufacturing base which all but eliminated good paying jobs that didn't require a college degree. (Just 26% of boomers went to college. That's went to college. The percentage that actually earned a degree is lower. Compare this to the 75% of younger people who have enrolled in college.)

According to several sources, roughly 80% of the wealth attributed to boomers is owned by just 20% of that cohort, with the rest of that wealth owned by another 30%. Half of all boomers have no financial assets, in no small part due to the destruction of the manufacturing base. And as for those guaranteed pensions, they were replaced with 401ks beginning in 1978 and boomers had nothing to do with that change.

I suggest that we all reject this divide and control narrative intended to continue destroying the family structure by turning the young against the old. This destruction, by the way, began during the latter half of the 19th century when the nuclear family replaced the extended family as the ideal household. Seems to me that it would be smarter for us to start recreating those extended family, not only because it's the right thing to do for our younger relatives but also because it takes a family to create generational wealth. Ever notice how we talk about the Rothschilds, the Rockefellers or the Kennedys? Those with the most make sure to keep their families strong while doing what they can to disrupt the social order and weaken our families.

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