So you'd better treat them right . The reason I have so far avoided discussing the disproportionate wealth held by the Baby Boomer generation (1945 to 1964) with my parents is that I know how they will cut me down. "We worked hard for it." They'll sniff dismissively at me (Gen X, 1965 to 1984), further implying that I do not have 'it' because I have not worked. I could throw up many reasons for my generation's relative failure: relatively insecure employment, declining public benefits, the opportunity cost of education instead of early entry into the workforce. But they would seem like excuses to those who recall times when they could walk out the door of one employer straight into another. So what exactly is the wealth premium on a life of stoic employment?
I try to write something smart twice a month.