The Boom and Bust Generation

[monk222]

The prodigality of the baby boomers is an old theme, but it deserves mention every once in a while, and Thomas Friedman does that well:

Indeed, if there is one sentiment that unites the crises in Europe and America it is a powerful sense of “baby boomers behaving badly” — a powerful sense that the generation that came of age in the last 50 years, my generation, will be remembered most for the incredible bounty and freedom it received from its parents and the incredible debt burden and constraints it left on its kids.

But, hey, it's also the generation that brought us civil rights, rock and roll, and the Internet. Creativity isn't cheap.

(Source: Thomas L. Friedman for The New York Times)