Re: “One more reason to be mad at boomers: They have more money than everyone else” (Sept. 2, Opinion):
As soon as once more, boomers are being forged as rich on account of being boomers.
Nowhere does columnist Allison Schrager point out the recessions of 1973 and 1980. Nowhere does she point out the dearth of jobs; President Ronald Reagan breaking the unions; and mass layoffs by Basic Motors in Flint, Mich., within the Nineteen Eighties. She doesn’t point out 1987’s Black Monday. Nowhere does she point out minimal wage was paltry. My first job in 1972 paid $1.25 an hour, earlier than taxes.
Her sly point out of “advantages” and “authorities largesse” is a well-known modern whine. Social Safety was, and is, a tax. A portion of my pay was taken from me and solely now am I getting a few of it again, and positively not as a lot as I paid in. I get taxed on it once more because it’s “revenue.”
She hints at Medicare, which is paid for by deductions of my Social Safety revenue.
Don’t blame boomers for at present’s economic system. What little cash I made I saved a part of it. Today a financial savings account makes lower than 1% curiosity.
Boomers aren’t “wealthy” due to our age. We earned it.
Michelle Plank, Olympia
