-By Ross Johnson-
Revenge of the Old
Baby Boomers are defined as the generation of people born in between 1946 and 1964. Many people know them more affectionately as our grandparents. At the moment they are also changing the national job landscape. Unfortunately for the upcoming generation, they are not changing it for the better.
A common problem in high school is not having enough money, and a common solution is to find a job to provide that money. A job is wildly different from a career though, and people coming out of college are finding their career ambitions stifled, and often derailed due to the lack of higher paying positions. Now the job market has suffered, but the already diminished positions are being taken before these fortune seeking college graduates can even get hired, by baby boomers that have been in those positions for decades. Companies are reluctant to lay off such experienced employees after years of dedicated service. Thus, younger adults aren’t getting the valuable experience of being in a high responsibility position. This while nice for our beloved grandparents, is terrible for workers of our generation.
Baby Boomers come from an era where large families were the norm, often having five or more children. Today’s families have around two kids, which figures to be a problem in the near future when Baby Boomers do eventually retire. The average age of retirement is increasing which is an exception; not the usual trend. As they retire Boomer’s will expect to receive pensions, social security and other services that the elderly usually obtain. The people expected to pay for it is their children, or our parents, and there simply are not enough of them to support such a massive group of people getting on social security at the same time. This will add further stress to the already strained Social Security system, a problem the millennial generation (our generation) will have to deal with.
As much as the world appreciates the hard work and dedication that the Baby Boomers have done, it would be very much appreciated if they would enjoy the retirement they so richly deserve. Then our generations can take over, and take care of them.