Thursday, August 16, 2012

Boomers don’t want to give up their sweet deal, but the rest of us have reason to embrace Ryan’s “radical” plans, writes Kirsten Powers.


Why The Screwed Generation Is Turning To Paul Ryan - Kirsten Powers/Daily Beast

We’ve finally been vindicated: Members of Generation X have a representative who is anything but a slacker.

GOP Congressman Paul Ryan—the tireless, wonky, 42-year-old workout freak—has made history by becoming the first member of our generation to join a presidential ticket. It should come as a surprise to no one that his calling card is reforming entitlements.

We hear incessantly about how members of today’s screwed generation face the prospect of less prosperous lives than those lived by their parents. But the maiden generation to stare down that gloomy prognosis was Generation X, the tiny slice of America born between about 1965 and 1980. (Ryan was born in 1970.) We were the first generation to be told we would never get Social Security or Medicare even though we would be forced to pay into these programs.

When many X-ers graduated from college, stocking shelves at the Gap was considered a career choice, as jobs were few and far between amidst a major economic downturn. I won’t bore you with the horror show of the low-paying and miserable jobs I had for the first three years after college.

Unfortunately, the future looks as bleak for today’s young people. No amount of coddling by their well-provided-for Boomer parents can save Generation Y and the Millennials from the dire economic conditions they face, including criminal levels of educational debt. Pensions have gone the way of the horse and buggy. You want to retire with health-care benefits, as both my professor parents did? Good luck. As the 1994 movie turned Gen-X mantra has it: Reality Bites.... Read the whole piece at the link