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Friday, October 25, 2019

Generation X

Generation X are those born between 1961 and 1981. 

The oldest Gen Xers are in their mid 50s but 47% have nothing saved for retirement; only 13% have more than $100,000.

Gen Xers stare into the abyss, bleakly contemplating starvation and dying of diseases for which they can’t afford medical treatment as the political system moves closer to granting corporate conservatives one of the dearest items on their agenda: abolishing or privatizing—which, if you’re poor, is jargon for eliminating—Social Security.

As the Boomers die and Xers replace them in nursing homes—or not, since they won’t be able to afford them—the elderly will become a dispossessed, disadvantaged age group.

https://www.counterpunch.org/2019/10/24/gen-x-faces-a-bleak-impoverished-old-age/

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