The essence of the article is that baby boomers saved little, spent virtually all of what they earned, ran up large debts, and generally acted like the grasshopper in the story of the grasshopper and the ant. The article asks us to feel sorry for them, which makes me guess it was written by a boomer.
Now those who still have work whine that they won't be able to afford to retire, maybe ever. The ones who've been laid off are finding new jobs very difficult to get, especially at anything like their previous salary. I don't find any of this surprising.
