Sunday, March 9, 2014

BOOMERS STILL SCREWING MILLENNIALS « The Burning Platform

Gayle says, "I’m not defending the lopsided access to the workplace that Boomers enjoy. But somebody makes the decision that they are a better investment for an employer."



Wrong! It's only that the support system which emerged when the economy expanded horizontally to hire all those not so educated and not so well trained individuals still exists.



Civil servants, at least in the great state from whence I hail, are refusing to retire after 30 years of never experiencing a recession, and a guaranteed income for the rest of their lives. Why? Because it means a 40 percent reduction in their take home. That's right, they retire with only 60% of their full time salaries. A $20B budget, 90% of it is salaries, and retirement eligible won't retire because it isn't in their best interest. It's would be in the best interest of the taxpayers if they were forced to retire, and hire younger workers. As it is, 80% of the state workers will retire within 5 years. Who said boomers can't do math?



There's going to be a 4T, if only because of the incredibly asinine and narcissistic mindset of the boomers.



BOOMERS STILL SCREWING MILLENNIALS « The Burning Platform:



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