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re: Powell no longer believes inflation will reduce

Posted on 5/14/24 at 11:57 am to
Posted by dcrews
Houston, TX
Member since Feb 2011
30224 posts
Posted on 5/14/24 at 11:57 am to
quote:

They also refuse to retire or bring in young people to learn their career and trades in fear of being replaced.


This is something that is rarely talked about.

Boomers are holding positions well into their 70's.

Bottlenecks promotions and while I respect all of the hard work they've done over the years, past retirement age, they are eating up a ton of money in payroll by collecting a ridiculous paycheck while contributing nothing of value (while everyone actually carrying the water is unable to move up). That and they are incredibly difficult to work with and rarely adapt to their work environment.

It's why I laugh when boomers call other generations entitled.
Posted by RaoulDuke504
Member since Aug 2023
1037 posts
Posted on 5/14/24 at 12:01 pm to
quote:

This is something that is rarely talked about. Boomers are holding positions well into their 70's. Bottlenecks promotions and while I respect all of the hard work they've done over the years, past retirement age, they are eating up a ton of money in payroll by collecting a ridiculous paycheck while contributing nothing of value (while everyone actually carrying the water is unable to move up). That and they are incredibly difficult to work with and rarely adapt to their work environment. It's why I laugh when boomers call other generations entitled.



Yep every blue collar I job I had they did half the work, double the pay, no one could tell them anything, the manager who wasn’t around as long as them was scared of them, and they didn’t want to work with anyone but complained all day. All of this plus people who do replace them don’t get nearly the same pay or benefits they received while having to do more work for less
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