Baby boom Quote by David Mamet
““The baby boomer generation, my own, is content, if of the Left, to live out our remaining years upon the work and upon the entitlements created by our parents, and to entail the costs upon our children--to tax industry out of the country, to tax wealth away from its historical role and use as the funder of innovation.””
About This Quote
Source Speech: Interview on economic policy, 1990s
The speaker criticizes baby boomers for relying on previous generations' work and entitlements while shifting financial burdens onto future generations and limiting industry and wealth's role in innovation.
In simple terms: Boomers depend on past work, burden kids, hinder innovation.
Key Takeaway
Recognize intergenerational responsibility.
Themes
economics
generational equity
policy
responsibility
innovation
Mood
critical
reflective
Type
analytical
political
When to use this quote
- political debate
- family financial planning
- business strategy
- public policy formulation
Key Concepts
intergenerational justice
public finance
wealth distribution
Questions to Reflect On
- How can policies balance support for retirees with incentives for innovation?
- What responsibilities do each generation have to the next?
A Different Perspective
May overlook individual variations within generations and positive contributions of older workers.
