Seniors and the generation spending gap

Twila

Nanah Potato
Mar 26, 2003
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As there becomes more and more seniors who were too stupid to plan ahead.

The financial fiasco of 2008 is going to see a large portion of people who were unable to plan ahead.

Not everyone is equiped the same. Not everyone gets the same chances, breaks. Sometimes sh!it happens and its NO ONES fault.

To say "too stupid to plan ahead" is encourage a generation of individuals who'd have no empathy, no understanding of real struggle. Not everyone is going to make ALL the right choices ALL the time.
 

Cannuck

Time Out
Feb 2, 2006
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Alberta
I do. But I wonder how can the poor seniors and the rich seniors be differentiated without using techniques that would be deemed discriminatory.

You can't just a person by the clothes on their backs, the car they drive or the house they live in. You would have to be careful not to put such a burden on a poor senior that you take away their right to dignity.

I don't disagree but we do that with those under the age of 65. As I alluded to with my question about the welfare mom and the mortgage free home. You either agree to some form of means tests for freebies or you don't. I personally know a roofer that has a bad back and is having a tough time of it. He isn't getting a break on his property taxes. My neighbour owns a second home in Mesa and heads down every winter. He gets break on his property tax. These programs were designed for a different time and need to be changed, especially now since we are borrowing money to govern ourselves.
 

Twila

Nanah Potato
Mar 26, 2003
14,698
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Why do you think the lotto is so popular?

Well someone IS going to win...

I am not a gambler. I would rather take my money and go shopping, but the other night i went with some friends to the casino. We played the penny slots. I lost pretty quick so I wondered around. I watched people rub the screen of their machines. For good luck. It was insane. The rituals people perform in the hopes of increasing their luck. Seems we have forgotten what "luck" means...
 

petros

The Central Scrutinizer
Nov 21, 2008
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Low Earth Orbit
Well someone IS going to win...

I am not a gambler. I would rather take my money and go shopping, but the other night i went with some friends to the casino. We played the penny slots. I lost pretty quick so I wondered around. I watched people rub the screen of their machines. For good luck. It was insane. The rituals people perform in the hopes of increasing their luck. Seems we have forgotten what "luck" means...

Do you notice all the blue hairs on the dollar slots flushing their pensions away one pull of the lever at a time?
 

Twila

Nanah Potato
Mar 26, 2003
14,698
73
48
I don't disagree but we do that with those under the age of 65. As I alluded to with my question about the welfare mom and the mortgage free home. You either agree to some form of means tests for freebies or you don't. I personally know a roofer that has a bad back and is having a tough time of it. He isn't getting a break on his property taxes. My neighbour owns a second home in Mesa and heads down every winter. He gets break on his property tax. These programs were designed for a different time and need to be changed, especially now since we are borrowing money to govern ourselves.

I agree with you on that. Haven't a clue what could be done since the gov't makes the laws and the uper rich control the gov'ts. The rich are not going to see their assets affected in any way.

Possibly the only way things would change is to have a french style revolt.
 

CDNBear

Custom Troll
Sep 24, 2006
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Ontario
Since you can't take it with you. Most of this wealth, that some very stupid people call 'greedy', will be left to charities and offspring.

So just how greedy is the generation in question?
 

Twila

Nanah Potato
Mar 26, 2003
14,698
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Do you notice all the blue hairs on the dollar slots flushing their pensions away one pull of the lever at a time?

Actually no. I can't tell what they're flushing away. I did see a 40ish gentleman playing the roulette wheel and buying $100 worth of chips for each spin.
 

Cannuck

Time Out
Feb 2, 2006
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Every casino I've been to is full of blue hairs. Tour buses full arriving constantly.

They are very popular with farmers. I've only been in two. I don't gamble but I volunteer to work them for a few organizations. I think the ages of the gamblers run the full range and there isn't one generation that dominates the crowd.
 

Twila

Nanah Potato
Mar 26, 2003
14,698
73
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Since you can't take it with you. Most of this wealth, that some people stupid people call 'greedy', will be left to charities and offspring.

So just how greedy is the generation in question?

Not to mention we've been beaned over the head many times by the gov't telling us that If corporations make money, they'll hire people and then the people will have jobs and money...that trickle down bull again.
 

SLM

The Velvet Hammer
Mar 5, 2011
29,151
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London, Ontario
Not to mention we've been beaned over the head many times by the gov't telling us that If corporations make money, they'll hire people and then the people will have jobs and money...that trickle down bull again.

It's not all bull, there's some merit to that position. The key is less government interference, not more. It's government that's wasteful of money, energy and resources, not private companies. They are far more efficient. And yes, if they can increase production to earn more profit, you're damn straight they'll hire more people.
 

JLM

Hall of Fame Member
Nov 27, 2008
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Do you disagree? If so, you should stop being so silly and simply argue the point. The fact is you can't. Hundreds of billions of dollars of public debt that has been amassed and rather than pay it down, we continue to provide programs to those least in need. You have zero cred on this one JLM. I understand that you disagree with the premise that seniors are the wealthiest group in canada. You are wrong. Suck it up and let's move on.


And you're stupid, so what's the big deal? Of course seniors are the wealthiest group in Canada, what's so hard to understand about that? They've had a generation longer than others to amass it, but it has absolutely nothing to do with Government debt. That was Pierre and Brian Baloney, but I didn't see any of it. Old age pensions have been in effect since the days of R.B. Bennett (1930s) You are just plain F**kin' stupid, Cannuck. Oh and another reason in a tiny way could be C.P.P. which I contributed into every month from 1966 until 1999. You have a problem with that too, I suppose. Why don't you just say "I'm sorry for being so f**king arrogant and stupid and I beg your forgiveness"?

The financial fiasco of 2008 is going to see a large portion of people who were unable to plan ahead.

Not everyone is equiped the same. Not everyone gets the same chances, breaks. Sometimes sh!it happens and its NO ONES fault.

To say "too stupid to plan ahead" is encourage a generation of individuals who'd have no empathy, no understanding of real struggle. Not everyone is going to make ALL the right choices ALL the time.


Actually the financial fiasco of 2008 wasn't that big of a fiasco. It was an opportunity to borrow money on the cheap and buy up cheap shares, which sky rocketed in 2009. -:)
 

Cannuck

Time Out
Feb 2, 2006
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Alberta
Of course seniors are the wealthiest group in Canada,

It took you long enough to admit that. I guess you finally understood that the evidence was overwhelmingly against your position. I give you credit for at least changing your view.


You are just plain F**kin' stupid, Cannuck

Lolz


I'm sorry for being so f**king arrogant and stupid and I beg your forgiveness"?

No problem JLM, I've come to expect it
 

JLM

Hall of Fame Member
Nov 27, 2008
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Vernon, B.C.
It took you long enough to admit that. I guess you finally understood that the evidence was overwhelmingly against your position. I give you credit for at least changing your view.




Lolz




No problem JLM, I've come to expect it


I'd like to settle this thing once and for all and then see the subject closed, just so other posters understand. (I know Cannuck never will)
1. MY VIEWS ON THE MATTER HAVE NOT CHANGED.
2. I am very much aware that some of the discounts allowed seniors are not required by many seniors.
3. Some of us pass them forward making donations to the food bank and other charities etc.
4 Our financial status today is really none of Cannuck's business.
5. In every demographic you will find a few greedy and selfish people, but it's not up to Cannuck to judge who they are unless they've directly affected him.
6.Poor widdle Cannuck will likely have to get off his A$$ and spend less time on the golf course if he's really having a tough time making ends meet.
Now perhaps is the time for the Mods to just close the thread as it's been discussed from every angle!
 
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Dixie Cup

Senate Member
Sep 16, 2006
6,279
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Edmonton
I think someone needs to make it clear as to where it is the various subsidies are available. What is available in BC isn't necessarily available anywhere else. No wonder I couldn't follow that was happening on this thread as I wasn't familiar with some of these "subsidies" where I live. I now know why - they aren't available here.


Spending in all areas of government boils down to one thing - politics. Unfortunately, politicians come up with these brainy ideas, that will cost us money and people are vote for them not realizing that someone has to pay for the promised "programs" and it certainly isn't the politicians. I'm not even sure that we don't realize in the end we pay for them. I think we're just too greedy, especially if there's something in it for us.


I don't blame the younger generation for being p'd at what our various governments have done at the behest of the people who came before them. We all thought that the good times were always going to roll and 2009 brought us up right smart didn't it? (The dirty '30's were way too far in the distance for anyone to remember how hard things could get).


The younger generation needs to take control of the purse strings and set the country on a better course but will they be any different than those that came before them? Now-a-days, I see a younger generation, some who want everything without having to really work for it. There are those who have no education or skills but want $25/hour mcjobs. There are those who go to University to get an education in "fine arts" and who expect to get a good paying job after they complete their degree, but again, have no skills to offer a prospective employer.


Lastly, there are those who work hard, get a degree/trade and work their a$$e$ off only to get nailed with high taxes, large student loans that need to be repaid and no prospect of ever owning their own home because they are beyond the average persons ability to to pay after they pay their taxes and student loans.


Guess who loses? The latter. The former will always find a way to make sure someone else pays the bill, invents a program to "assist" those who have made bad choices and it all goes around and around, just like it did for their parents and those that came before them. Our generation and the one that has come after still has no idea of what "paying as you go means", saving for the wants and ensuring that you have money for the needs. That concept just isn't understood in todays generation because credit is just too easily available.


So in the end. what's going to change? We need a dire change of attitudes by EVERYONE, seniors to youngsters, but maybe we're just too spoiled.


I dunno....I'm just sayin...


JMHO
 

Cannuck

Time Out
Feb 2, 2006
30,245
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48
Alberta
You're wrong. Why would you persist in advertising your ignorance? Most elderly people spent their lives working at average paying jobs while raising a family, paying a mortgage and some paying for their kids to attend college. How could they possibly be wealthy?

... Of course seniors are the wealthiest group in Canada, what's so hard to understand about that?

1. MY VIEWS ON THE MATTER HAVE NOT CHANGED.


So your views have not changed huh?


Now perhaps is the time for the Mods to just close the thread as it's been discussed from every angle!


I'd probably want the mods to close the thread as well if I flip-flopped as much as you. Why do you do that. Is it because you just have to be contrary. I bet if I said grass is green and the sky is blue, you would argue that. I can only guess this thread has touched a nerve. I eagerly await another one of your rants
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
548
113
Vernon, B.C.


So your views have not changed huh?





I'd probably want the mods to close the thread as well if I flip-flopped as much as you. Why do you do that. Is it because you just have to be contrary. I bet if I said grass is green and the sky is blue, you would argue that. I can only guess this thread has touched a nerve. I eagerly await another one of your rants


You're the one who started making the accusations, Buster not me! -:) I don't owe anyone a nickel so F**K off.-:)