The shallowest generation.

I have just read a fascinating article about how the baby boomers are going to go down as the shallowest generation. The premise was that the baby boomers have spent the last 25 years charging us into debt while refusing to invest in tomorrow. Now that the debt party is over, we're living the hangover now that we need to live within our means.

We have done worse then refuse to live within our means for the last few decades, we have sold our souls to lowest bidders for the almighty corporate bottom line. Profit is great, but if concentrated into too few hands it does society as a whole little good. How is it in the average American's best interest to be doomed to work for low wages so investors can make huge profit and the larger corporations squash any competitor. We have outsourced almost everything meaningful, both blue collar and white collar, to our competitors. If it can be made cheaply elsewhere, out it goes. Great if the freed money is being used to invest in something else, not so great if its just going into someone's stock portfolio to sit and increase a profit that will not be invested in our country, except to pay the minimal wages of the household help.

We've refuse to properly invest in our schools and infrastructure. What will this cost us later? We continue to argue over bailing out large companies while average Americans are losing their homes, even though they have some equity in them, simply because they can't refinance their current mortgages to a lower interest rate, even though that means the difference between them keeping their homes or causing their towns to lose another taxpayer as they are forced to leave.

The average hard working blue collar guy is finding his (or her) options getting worse every day. It won't be long until their white collar friends join them. And oh won't we have fun then?