If we presume that generational default coincide with enormous structural volatility, then we can take the war index as a valid measure. We had WW1, WW2 and no WW3!...yet, the boomers are not done.
By that measure, yes, the boomers were a bit more accurate than the greatest generation or the parents previous. How does that effect my entitlement plan?
Simple, I made the adjustment, they get cut 3%, not the 4% originally planned. They still got us stuck in Islamo land defending oil. They flubbed the Korean nuclear thing thing, and bought a shitload of useless weapons, and let central America get fouled.. But still, the boomers did much better on the body count, give them credit.
But they still get a 3% cut, accounting says so. 3% is the first significant number, their cut is not zero, their goodies are not inflation protected. The net present imbalance, the imbalance to be corrected today for long term stability, seems to be about 15%, and I have shortened the cycle by half to 15 years, as insurance. In an deflationary world the boomers will survive in their retirement cabins.
Vote me Mayor of Swamp.
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