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Debunking Whiny Gen Xers: The Real State Of Gen Xers’ Financial Health

by. Ron Shevlin

Wanna get an article published? Here’s the formula:

  1. Start by saying that you’re a Gen [your-Gen-letter]er and discuss the sorry state of affairs in the world and how your generation has been screwed over by previous generations.
  2. Spew a bunch of statistics to make your case. Don’t worry about whether or not these stats are relevant or correct, because there’s only one asshole on the planet (the author of this blog) who will call you out on it.
  3. Submit article for publication.

The latest example of this that I’ve come across is an article on Daily Finance titledDear Gen X: It’s Not Your Fault You Suck at Saving.

Like we really needed another article about how nothing that we do, or that happens to us, is our fault, our doing, our responsibility, or our accountability.

But in this particular article, the author makes a number of statements that cry out for debunking.

DailyFinance: “Gen X is said to have entered upon the world stage in 1967 — and our timing couldn’t have been worse. Annual inflation from 1967 through 2013 averaged 4.3 percent, running more than 34 percent ahead of average rates over the past century.”

John Pettit