Allow me to elaborate on the oft-disputed claim
that the Baby Boomers are the worst generation. First, it is
important to acknowledge that Baby Boomers benefited greatly from the
post-war economic boom. They were born into a time of great
prosperity, with an abundance of opportunities in education and
employment. Boomers were also the recipients of numerous government
programs that helped to create a thriving middle class. Their
spending habits have often been seen as selfish and
short-sighted, squandering resources and creating debt for future
generations. Their permissive and hands-off parenting styles have
also been criticized for producing a generation of entitled, yet
Let's not forget the great defunding of space
programs, a decision that had far-reaching consequences. Boomers, as
they reached adulthood and began to demand greater investment in
social welfare programs, contributed to a decrease in funding for
science and technology. This was a pivotal moment in the shifting of
government priorities and public opinion.
While Baby Boomers may have benefited greatly from
the post-war boom, it can't be ignored that they have also
contributed to some of the major problems facing our society today.
Their actions and decisions have had lasting effects and they must be
held in front of a mirror, especially as they continue to criticize
their successor generations.
What They Reaped
The decades after World War II were an amazing
time for the world. They lasted from the late 1940s into the 1960s
and countries like the United States and Canada saw huge economic
growth. People were spending lots of money, there was low
unemployment and new technologies and industries were emerging.
The post-war boom created new jobs, especially in
manufacturing and construction. This led to low unemployment and
higher standards of living. A strong economy and higher demands for
labour meant wages were also rising and more people could afford to
purchase more products. A housing boom made it possible for more people to
purchase homes for the first time. This was a result of government
programs and initiatives that made purchasing homes easier for
everyone. The boom in auto manufacturing and the commercialized use
of fossil fuels also created modern suburbia.
This boom allowed for the expansion of education,
healthcare and pension. All of these things improved the overall
quality of life for many Canadians and Americans and many Boomers
were able to attend college and obtain degrees, leading to better
career opportunities and higher salaries.
In the end, the boom after World War II had a
giant impact on Baby Boomers and gave them the opportunity to enjoy
higher wages, better social programs and a better quality of life.
This period of prosperity helped sculpt the world we live in today.
Boomers StifleD Technological Advancement
The Boomer generation played a role in the
defunding of space programs during the late 20th century. As Boomers
reached adulthood and began to start families, there was growing
pressure on the government to address social and economic issues such
as poverty, healthcare and education. This led to an increase in
spending on welfare programs, which was a priority for many people at
As a result, the funds available for space
exploration and other scientific pursuits began to decline and many
space programs were either cut back or cancelled altogether. This was
particularly true during the 1970s, when there was a shift in public
opinion and government priorities, with a greater emphasis being
placed on social and economic issues and a corresponding decrease in
funding for science and technology.
It's worth noting that this trend was not unique
to Baby Boomers, but rather reflected broader changes in public
opinion and government priorities. It's true, however, that Boomers
played a role in these changes and were in positions of political and
cultural influence at the time. The increasing demand for social
welfare programs, combined with changing public attitudes and
government priorities, led to a reduction in funding for space
exploration and various other scientific pursuits as Boomers came of
The space race had been a major driving force
behind technological advancement, as the competition between the
United States and the Soviet Union to be the first to reach the moon
spurred innovation and investment in areas such as rocket science,
computer technology, and materials science. With the end of the space
race, much of the investments and research disappeared, leading to a
slowdown in technological progress.
The decrease in funding for space exploration
during this time also meant that many of the innovations and
technologies developed for the space race were not further developed
or commercialized. This resulted in a loss of opportunities for
innovation and economic growth in industries that could have been
positively impacted by such technologies.
The decrease in funding for space exploration and
investment in rocket technology has been widely criticized for
contributing to a period of technological stagnation in the aerospace
industry. With less investment in research and development, the pace
of innovation has slowed and many groundbreaking projects have been
It can be argued that Boomers sacrificed decades
worth or potential scientific achievements for welfare programs.
Boomer Parenting: How Millennials Happened
The Boomer parenting style had a significant
impact on the development of Millennials. Baby Boomers, who grew up
during a time of great social and economic prosperity, were often
more permissive in their approach to parenting compared to previous
generations. They placed a strong emphasis on individuality and
self-expression, encouraging their children to be independent and to
follow their own paths.
This hands-off approach to parenting had both
positive and negative effects on the Millennial generation. On the
one hand, it allowed Millennials to develop a strong sense of self
and to explore their interests and passions. On another hand, it also
created a generation that's less equipped to handle adversity and one
that's less self-sufficient.
There was also an emphasis on protecting children
from harm, which led to a rise in "helicopter parenting,"
where parents are overly involved in their children's lives and
decisions. This style of parenting has been criticized for creating a
generation of young adults who are less confident and less capable of
making decisions for themselves.
The varying parenting styles of Boomers have had a
lasting impact on Millennials. While the emphasis on individuality
and self-expression was well-intentioned, it also created a
generation that was less equipped to handle life's challenges and
less self-sufficient. This, combined with the rise of helicopter
parenting, has had lasting effects on the development of the
The Spending Spree
Boomers have been criticized for spending the
wealth of future generations through their consumption and
Boomers are the first generation in history to
have taken on significant levels of debt, including mortgages,
student loans and credit card debt. This has resulted in a high level
of household debt, which has contributed to the overall financial
burden facing future generations.
Boomers accumulated large amounts of debt on
things previous generations didn't have. They took advantage of new
forms of credit, which allowed them to spend beyond their means and
to accumulate debt faster. Their use of debt-spending signalled a
major shift in consumer behaviour and set the stage for future
generations. Their willingness to take on large amounts of debt
helped create a culture of consumerism, which has become a defining
characteristic of our modern society.
The Boomer's use of debt has contributed to North
America's current economic challenges, as it has added to the overall
burden of consumer and government debt. Future generations, as a
result, will likely face the difficult task of paying down this debt.
Boomers are also responsible for a significant
amount of the long-term financial problems facing old age security in
countries like Canada, as they're the largest demographic group
currently relying on such programs. As more and more Baby Boomers
reach retirement, the financial strain on these programs will
increase, leaving future generations with a larger financial burden.
The Boomer generation has been slow to adopt
cryptocurrencies, such as Bitcoin and Ethereum, compared to younger
generations. This is largely due to their reluctance to embrace new
technologies and their skepticism towards non-traditional forms of
currency and investments.
Many Boomers grew up in a time when the
traditional financial system was more stable and they may have a
distrust of new and untested forms of currency. They also may be more
risk-averse, as they are often closer to retirement age and are
looking to protect their hard-earned savings.
In contrast, younger generations, particularly
Millennials and Generation Z, have grown up in a time of rapid
technological change and are more comfortable with digital technology
and the idea of digital currencies. They are also more likely to
embrace new forms of technology and innovation and to see
cryptocurrencies as an opportunity to diversify their investments and
hedge against traditional financial markets.
Despite the skepticism of Boomers, the popularity
and usage of cryptocurrencies continues to grow, particularly among
younger generations. Following the recent “death spiral” of the
crypto market, a resurgence has happened and Bitcoin has regained
much of its value since 2022. However, it is important to note that
cryptocurrencies are still a relatively new and complex investment
and caution should be exercised when investing in them.
Ah, the timeless tale of the older generation
criticizing the younger one. Make no mistake, the Baby Boomers have
been guilty of this particular sin in spades, often heaping unfair
criticism upon Millennials.
It must be acknowledged that the Baby Boomers have
enjoyed a number of advantages and privileges that the Millennials
simply do not have. They were born into a time of great prosperity,
with an abundance of opportunities in education, career advancement,
and financial stability. Millennials, on the other hand, have been
met with a vastly different set of circumstances. They have been
forced to contend with a struggling economy, high levels of student
debt, and a job market that has yet to fully recover from the 2008
Despite these challenges, Boomers have often been
quick to judge Millennials as entitled, lazy, and lacking in
initiative. They have criticized the younger generation for their
reliance on technology and social media, ignoring the ways in which
these tools have revolutionized communication and commerce. They have
blamed Millennials for the problems facing society, even though
many of these problems can be traced back to the decisions and
actions of the Baby Boomer generation itself.
To conclude, it's unfair for Baby Boomers to heap
criticism upon Millennials without acknowledging the challenges and
difficulties that this younger generation has had to face.
Millennials have inherited a world that is vastly different from the
one that the Baby Boomers grew up in and it is time for the older
generations to stop blaming them for the problems facing society and
to start working with them to find solutions.