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By BabyBuster Generation (1957 - 1964) (anonymous) | Posted June 04, 2012 at 00:33:23
The answer to the debt is simple: Take one day at time. There is no quick fix. It will take generations to pay it down. Remember, each generation has its challenges. Take those who were unlucky to land their life at the time of the world wars and during the great depression - they had to sacrifice immensely - we cannot imagine what it was like. The boomers had challenges as well. It was a very competitive generation given the huge number of boomers competing for work. They also faced huge inflation in the 1970's and 1980's. My generation has faced low employement, high house prices, huge taxes, and having to cope with immense automation in the work place. Younger generations today face living is a world that has around 3 times the global population when I was born, yet global resources have not changed. Population continues to sky rocket, therefore, future generations will need to learn to share more and be wise in the use of the relatively scarce resources per capita. Take one day at a time. Make the best of it. Have some real fun. Live your life and not the lives of those you see on Tv. Don't measure wealth strictly in terms of your ability to consume more products (my 10 year old Honda gets me to work cheaper than the new SUV's on the lot) - we are not the "Jones'".
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