[Chocaholic]

What's the point? Of course older people have more money. They've had more time to accumulate it. Baby boomers (of which I am one) were raised by parents that lived through WW2. Times were tougher than anything we've ever known. As a direct result, we were raised with a different set of financial principals than our kids are. . .by a long shot.

It's no surprise that young people are deep in debt. Why not? They've never had to pinch pennies. Mom and Dad are still around to bail them out, and if mom and dad croak, they'll receive a windfall of inheritance. Life is good.

Should baby-boomers somehow feel bad that the younger generations have to pay taxes and SS? Should we continue to coddle our babies and not expect them to be self sufficient mature responsible adults? I think we know the answer.

It's a natural cycle. It's not a social "issue". Kind of like global warming.