We have met the Enemy, and he is us.

I came to the conclusion recently that we baby boomers are responsible for many of the problems that we are having with our careers lately. The rash of downsizing that many corporations are going through lately is the direct result of pressure put on the corporations by Wall Street to keep corporate profits up no matter what.

Wall Street has a good deal of leverage in the corporate board room because of the amount of money that the Wall Street funds are putting into the corporations.

These funds are the 401K 's that everyone has and watches closely since it is the major source of retirement money for many people since the corporations are cutting retirements to keep profits up. If the fund underperforms, the boomers pull the money and roll it over to another fund.

This 401K money is provided by boomers and the corporations that they work at. As you see, it comes full circle. Our expectations for excessive profit leads to pressure on corporations that in turn causes the corporations to cut people to make the profit objectives.

It's like the story of the Chinese dragon that ate everything and then started eating its own tail. Eventually it ate itself up and disappeared. God help us if that happens with this economy.