By 2010, we can see the articulation of a clear set of claims that the Baby Boomers constitute an economic problem: indeed, that they bear a generational responsibility for the global financial crisis that began around 2007 and became more widely apparent the following year. The Baby Boomers’ (relatively) generous pension entitlements; the way that they benefited from the ‘housing boom’ that preceded the financial collapse; their birth location in the post-war boom of the 1950s; the effect of the sheer size of the cohort upon state-funded pensions and healthcare; and the Boomers’ allegedly selfish outlook and behaviour are marshalled, in various combinations, to make the claim that it was ‘the boomers who busted us’ (Vine, 2008, Times; Sandbrook, 2010, Daily Mail).
- Economic Problem
- Baby Boomer
- Consumer Group
- Lobby Group
- State Pension
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© 2015 Jennie Bristow
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Bristow, J. (2015). The Boomers as an Economic Problem. In: Baby Boomers and Generational Conflict. Palgrave Macmillan, London. https://doi.org/10.1057/9781137454737_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-49799-7
Online ISBN: 978-1-137-45473-7