Sunday, November 2, 2008

The Moral of the Story: Baby Boomers could learn from 2008

Ultimately, it is up to the Baby Boom generation to change our country’s course. The oldest Boomer is 62 years old and the youngest 45 years old. It is time for Boomers to take a hard look in the mirror and rethink their priorities. It is time to cast aside the $88,000 Range Rovers, $1,200 Jimmy Choo boots, $5,000 Rolex watches and daily double lattes at Starbucks. It is time to live within your means, distinguish between needs and wants, reduce debt, save 10% of your income, make sure your kids get a good education, not try and keep up with the Joneses, show compassion for your fellow man, and possibly pay more taxes and get less benefits, for the good of the country.

quote from James Quinn's article "The Shallowest Generation" in "Seeking Alpha" http://seekingalpha.com/article/103202-the-shallowest-generation?source=article_sb_popular

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