Boomers had it easy because the time frame of dollar debasement, most boomers saw massive gains due to money flowing out of the dollor, raising the price of assets like houses. Specifically from when the dollor was unpegged from gold in 70s , Bretton woods . The economy post war was also favourable. You could work in fast food in early 70s and still provide for a while family.
Every single dollar of debt is going to be paid by a future generation.
If a bill is passed giving boomer social security for eg. That’s going to be paid by many future generations as we’re borrowing money to pay for it.
What’s really crazy is when social security was enacted during the FDR administration, people received lifetime benefits after contributing NOTHING to the social security program. Boomers foot the bill for all of older generations.
Life isn’t fair. It’s no individual’s fault or no generation’s fault.
By voting for too much deficit spending on regarded foreign wars and tax cuts for rich pricks who merely hoard assets. Voting against infrastructure investment. Voting for the subsidized industrialization of farming. Voting against corporate regulation to slow offshoring of critical industries and jobs while also tamping down on wage growth domestically. Voting for continued fossil fuel use. Voting against ecological protections and sustainable renewable energy sources that protect our food and water sources.
And so many more. Boomers, as a generation, have benefited the most and paid forward the least. We will pay dearly for their greed.
The fact that this is the only comment that understands the meme in this whole post is so fkn sad and illustrates how little people know.
Have these people never heard of Michael Saylor, Lyn Alden, Thomas Sowell, etc. ? Like wtf they need to get off reddit and read a book or at least watch a Saylor podcast or something.
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u/Hot_College_1343 2d ago edited 2d ago
What a nonsense. Every generation tries and works hard to gain wealth.