tag:blogger.com,1999:blog-14994418.post114406277640268372..comments2023-12-12T11:39:43.504+01:00Comments on Blurb from the Burbs: MedicatedMoohttp://www.blogger.com/profile/08609190990579743429noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14994418.post-1144195649771054152006-04-05T02:07:00.000+02:002006-04-05T02:07:00.000+02:00There's not much point in having a go at other gen...There's not much point in having a go at other generations - they make their choices and determine as best they can their morality and ethics.<BR/><BR/>The Western Baby Boomers generation is probably the most fortunate generation in the history of the world - there were very few wars, health was very good and rapidly improving, economies were growing, jobs were plenty and they benefitted from a thrifty and giving previous generation who believed in (and voted for) a heavy emphasis on socialism as a result of seeing the tough years during the depression (hence free education, good health systems, government ownership of assets, etc). On top of this, when their parents die/died they likely had/have a nice little inheritance derived from the cautious and "save it for a rainy day" attitude of the previous generation. Lucky them!<BR/><BR/>Is our lot in life easier or tougher? Hard to say. Materially it looks as if we're better off; but I'm not so sure - we have more of the trappings of the modern life - sound systems, tvs, computers etc - but I reckon that's mostly because they're cheaper to buy (in relative terms); but the big ticket item that really determines the relative wealth of the average punter, the mortgage, is still just as difficult to attain. I reckon if you contrasted the size of the mortgage or the cost of the average house against the average household income (even in the age of double income households) it wouldn't be much different to what it was 30 years ago - especially after the recent real estate investment splurges. Time-wise, i.e. having the time to spend with family and leisure pursuits is where we are much worse off - and it will only get worse as globalisation continues and the Chinese and the Indian populations work harder and sacrifice more to try to reach our standards of living (and why shouldn't they!).<BR/><BR/>But, then again, that might all be rubbish...Anonymousnoreply@blogger.com