No generation is willing to take a hit to save their children. The baby boomers are unwilling to tighten the belt to save us from their debt.

Let them save themselves! They cry. But in reality, it would be the next generation, or the next who would have to save for a lifetime….for their children. $74k per family = national debt.

How many of us are planning for self sufficiency in retirement?

How many retirees are willing to exercise 45 minutes 3-4 times a week to help reduce healthcare costs?

How many are willing to give up the ghost before 5 cancer treatments and 4 new organs? Or their 60foot RV in Lake Havasu or condo near Miami?

How is corporate america helping out? Slashing pensions? Offering 401k accounts as alternatives? What? Judging by the small amount of fuss my co-workers put up when their pensions were diffused, I don’t think anybody my age cares enough. Luckily, I’ve moved on to a job with a pension again. I don’t know how many plan to survive, or even if they do.

I see 2 problems here. Greed, and no future planning.

I know Bush is scared to dump taxes on flustered americans right now, but the belt has to be tightened in a major way somewhere. Either enrage retirees, madden the current workforce, or just leave it for our children like everybody else has in decades past. The dems can claim to have a better plan, but their track record runs against them.

I yearn for gov’t spending as it was in some earlier years, where we were responsible, and didn’t spend what we didn’t have. There’s answer #1.