Treasury screw Gen X over super

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Here we go, the usual shit on Gen Xers story and robbing them of their Super…

Treasury says pension age should rise to 72. Do any politicians dare to agree?

…ok, here we go.

Gen X are the first user pays generation after the Boomers pulled their cradle to the grave subsidisation ladder up behind them.

Gen Xers had to have kids later and couldn’t afford to out-price Boomers in the property market.

- Sponsor Promotion -

Gen Xers couldn’t take over from Boomers in the workplace because Boomers never retire.

Oh and on top of all of that, they are now going to fuck us on the Super as well!

Yay!

Fucking Boomers.

Many milked it, however, and this is going to drive many of us nuts, those Boomers who didn’t do well are going to need to be saved by us…

Cost of living taking toll on pensioners – retirement commissioner

The retirement commissioner says the cost of living is taking a toll on pensioners living off superannuation.

The latest ANZ-Roy Morgan survey shows consumers’ perceptions of their current personal financial situations fell to the weakest level in the survey since October 2023.

It comes after RNZ reported earlier this week financial advisors had found even some retirees that had paid off their homes were struggling with the cost of living pressures.

Retirement Commissioner Jane Wrightson told Saturday Morning 40 percent of pensioners were living off superannuation alone, with another 20 percent on just a bit more.

…Look.

No one is going to like what I’m going to have to say, but Comrades, I think we are going to have to save the fucking Boomers!

I Know!
I Know!

I Know!

I Know!

I Know!

I KNOW!

The bloody boomers.

The generation who enjoyed cradle to the grave subsidy from post war Governments who saw the public service provision of the middle classes would deny the extremism that ripped the Weimar Republic to pieces without tempting the communists.

The generation who changed society’s conventions, demanded nuclear free and fought the Springbok tour.

The generation who promise much, who benefited from the cradle to grave subsidy, the generation who promptly pulled up the ladder and left everyone else to be a user pays future.

Yes, that generation.

Many boomers have speculated well and their property portfolios bulge, but not every boomer however and we are going to have to do something meaningful about elderly housing.

Firstly, we never call them boomers again, because every generation hates them, we will call them Pensioners from now on and hope everyone forgets who that generation ripped the rest of us off and left us with a burning planet was.

If we don’t support their housing and lift social participation through adult education they will be lost to Peter Williams on Reality Check Radio and Sean Plunkett on The Platform while voting for Winston.

Sigh.

We are going to have to save the Boomers from themselves.

 

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11 COMMENTS

  1. the world has been going down the shitter since the fossil fueled boom plateaued in the 80’s. the boomer years were an anomaly in human history and Gen X got to coat-tail on it – never to be repeated until some technological breakthrough comes along like fusion – Gen Y and Millennials need to get used to it because the dinosaur juice is not going to be found again, no matter how many straws you poke into the sponge. steam punk is the only way to keep BAU running into the future and it’ll fuck your environment – yippee

  2. These cretins are literally declaring themselves enemies of every workingman in this country.
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    Some assembly required?

  3. Not forget that doing their part. Boomers gave us amongst other things
    The Internet
    Colour TV
    Jet Aircraft
    Non Stick frypans…

  4. If you go around dividing everyone up into marketing segments you’re going to have group resentments rather than unity.

    All the people younger than pensioners now have enough voting power to vote themselves or their kids, free tertiary education, subsidised apprenticeships, paid teacher and nurse training, subsidised cadet training for all sorts of other productive jobs. They can vote themselves low interest Kianga Ora govt housing loans.

    Retirement at 72. Will there be yellow jackets in the streets like in France?

  5. Lower the age of eligibility for Super to 60.
    Means test Super and abate it at the same rate any other
    government benefits have. Include in the means test the value
    of any property owned and the expected interest that could be
    earned by that amount. Pay super to those who need it only.
    In other words end universal superannuation. I that a more
    fair solution or am I a boomer just pulling up another ladder,

    • Yep, totally agree. No brainer really. Why should boomer landlords get money every week from the government to blow on swanky restaurants and cafes. The Aussies aren’t that stupid!!

Comments are closed.