We've reached the age of accountability. The world is our fault. We are the generation that has an excuse for everything—one of our greatest contributions to modern life—but the world is still our fault.



This is every generation's fate. It's a matter of power and privilege and demography. Whenever anything happens anywhere, somebody over 50 signs the bill for it. And the baby boom, seated as we are at the head of life's table, is hearing Generation X, Generation Y and the Millennials all saying, "Check, please!"



To address America's baby boom is to face big, broad problems. We number more than 75 million, and we're not only diverse but take a thorny pride in our every deviation from the norm (even though we're in therapy for it). We are all alike in that each of us thinks we're unusual.

Here is one Baby Boomer who appears to be willing to cop to being a member of the worst generation ever, but as is his generation's wont, he ends up trying to spin the facts on his generation's behalf:Now, before Ryan launches in with his usual generational public defender routine, I readily admit that every member of a generation is not identical or even in step with the generational norm. But we are talking abouthere! And more importantly, we are talking abouthere. So to bring up individuals in this context is not merely moot, it is a basic category error.They claim they changed the world. We agree. We merely observe that they changed it for the worse.Some Baby Boomers try to smugly point out that Generation X is also responsible because we have not fixed the problems they caused. They tend to ignore the fact that they are actively standing in the way of any and all attempts to do so. I was correct about the 2008 financial crisis and correct about the failure of the Federal Reserve and the Congress to successfully fix the situation. Did the Fed turn to me or any other GenX economist who correctly observed these things?No, they appointed yet another Baby Boomer, one who will step up the intensity of the failed policies of the previous Baby Boomer. So what more can I, or any other member of Generation X, now do except point, laugh, and look forward to the day when we can shut off the generational parasite's life-support machines.

Labels: society, trainwreck