Nevertheless, we cannot replace the boomers because they “will remain taxpayers and part of the active economy far longer than most economists assume. It is likely that millions of boomers will be income-producing assets, not liabilities, on society’s balance sheet well into their 70s and beyond” (Moody and Sasser 2015, 473). Thus, the cost of replacing “the experienced older workers could exceed the increased expenses related to retaining them” (Moody and Sasser 2015, 474). Although, having a multigenerational workplace can become the source of conflict, the baby boom generation that pushed tolerance and diversity in the 1960s, needs to learn to accept younger coworkers with new ideas. As a result, “we need to revise tax and pension policies, as well as Social Security and Medicare programs” in order to have both the baby boomers and younger generations working side-by-side, without the need for conflict (Moody and Sasser 2015, 474). Therefore, the baby boom generation does not represent a serious problem regarding the workplace to future generations, they have a significance on the larger society and “rather than encouraging boomers to retire […, we need to] encourage boomers to remain engaged, productive (and taxpaying) …show more content…
That is, to each his own and of course, one would argue that “the Baby Boomer generation has been arguably the most scrutinized in U.S. history” (Gitlin 2011, xi). They have done a tremendous job and worked on societal issues that their parents were not interested in. With that being said, the Baby Boom generation deserves credit for their hard work. The American society especially, has come to realize that “the generation is also more appreciated now for what it has brought to the nation, including among many a need to establish and maintain equality for all citizens; a thirst to end discrimination based on race, creed, gender, and sexual orientation; a healthy cynicism about the claims of appointed and elected government and military officials” (Gitlin 2011, xi). In the long run, the Baby Boom generation has earned its place in the larger society and “a greater understanding has been reached that the Baby Boomers who had earned tremendous notoriety for their attitudes and actions in the 1960s have merely melded into traditional American society” (Gitlin 2011, xi). This explains the recognition that the Baby Boom generation has earned. In addition, there is no evidence “that increasing the employment of older persons