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3 O'Clock High: A Mailbag 'Bout my G-g-generation

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"In fairness, GenX *is* quite excited about 2010's Inheritance Tax loophole!"

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"Tragically, Generation X remains rudderless and all but forgotten, jammed between our looney Boomer parents their Al-Gore-Hogging Gen Y second families"

-11:40 Today's Buzz & Banter


Minyan KC
, sans the Sunshine band, writes:

Jeff… no offense, but truer words were never spoken.

Gen X is forgotten for a reason. They haven't a clue about life (too young), but this usually occurs in most generational change. However, they also haven't a bloody clue about the world in ways that are both staggering and stultifying. They grew up in poor schools or were spoiled in private schools. The former don't know where countries are, nor are they aware of the complex history of a nation (including USA) and its region, let alone politics, economic or philosophies. Consequently they don't exert much influence over the direction of their lives in relation to these forces. Generational identity and recognition come from how a generation defines itself in relation to these forces. The latter is, of course, the privileged group. Their positions in a changing nation and world seem somewhat secure and are defined by their relative access to wealth. But because of this access they align more representatives of previous generations who assumed corporate or political leadership roles because of their access to wealth. Hence, this group is not likely to differentiate itself in truly meaningful ways that could contribute to Gen X identity and recognition.

So the X boys and girls have not and are not likely to stand out. However, their opportunity to do so is approaching. Those economic, political, and philosophical forces are approaching a most interesting alignment that will force Gen X (or any of us) to make significant choices in a short period of time and probably under duress. I won't speculate on that choice since in those times remarkable change can occur.

Sincerely

Rosalyn Bertram
KC Minyan


I can't (officially) speak for the whole Generation but I think we're spending most of our time waiting to become the group that gets to stop Global Warming, deal with the DT's caused by any real effort to "Break our addiction on foreign oil", mop up the looming housing crash and generally attempt to reverse a national trajectory very much recalling the British Empire, circa 1910.

We've already got the solution for FDR's little Social Security Ponzi Scheme; we're just waiting for a little more Boomer "attrition" before sharing the details. Suffice it to say, there's going to be some resistance.
No positions in stocks mentioned.

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