Every terrible, society-restructuring policy of the last 30 years has had one goal behind it: Ensuring boomers remain in luxury from cradle to grave at the expense of everyone younger than themselves.
I have lived my life watching the economic ladders available to my parents and, to a much lesser extent, my Gen X older brother, all get pulled up one by one when it was my turn to climb them. It's ALL about ensuring boomers will never have to give up ANYTHING until the day they die.
I know so many Gen X and even Gen Y people who are still essentially financial dependents of boomer parents, just scraping by and still requiring help from mom and dad whenever unforseen expenses like car repairs pop up. These people are sitting there, telling themselves that their big payday is coming when the old folks die and they inherit the big house, but I suspect what's actually going to happen is that that house is gonna be sold to pay for mom and dad's end of life care, or their stay in the luxury retirement home with the hot tub, cinema and bowling green.
Every terrible, society-restructuring policy of the last 30 years has had one goal behind it: Ensuring boomers remain in luxury from cradle to grave at the expense of everyone younger than themselves.
I have lived my life watching the economic ladders available to my parents and, to a much lesser extent, my Gen X older brother, all get pulled up one by one when it was my turn to climb them. It's ALL about ensuring boomers will never have to give up ANYTHING until the day they die.
I like your phrasing "economic ladders." What do you see as the specifics here?
Boomer end of life is going to be a major cluster fuck.
I like your phrasing "economic ladders." What do you see as the specifics here?
Education costs. Also the quality of that education itself. The red tape around starting a business. Hiring practices and the ease of applying for a job, what is affordable with an entry level job, the price of homes, the price of... everything.
The dollar amount we earn hasn't kept up with inflation, but the $30,000 house those boomers bought when they were in their 30s is now a $100,000 - $300,000 house. Or a million dollar house if it's in the right location. Can you imagine that? Buying a house your 30's that paid off in five years, and waking up aged 65, and now you're an asset millionaire, through no effort of your own?
The boomers had easy access to prosperity, and every cutback since then has been at the level where it sacrifices the prosperity of the young to maintain the living standard of those born before 1965 or so.
Boomer end of life is going to be a major cluster fuck.
It already is, and it's only just beginning. The pressure their twilight years will put on society is going to get worse and worse for at least another 20 fucking years if not longer, before even half of them are gone.
Milennials watched their futures vanish in 2008. Zoomers are watching their futures vanish in this pandemic. Just as things never went back to the way they were before 2008, things are never going back to the way they were before 2020.
We are going to see massive changes in the very near future, and it will all be about making boomer retirement as comfortable as possible, and damn everybody else.
Every terrible, society-restructuring policy of the last 30 years has had one goal behind it: Ensuring boomers remain in luxury from cradle to grave at the expense of everyone younger than themselves.
I have lived my life watching the economic ladders available to my parents and, to a much lesser extent, my Gen X older brother, all get pulled up one by one when it was my turn to climb them. It's ALL about ensuring boomers will never have to give up ANYTHING until the day they die.
I know so many Gen X and even Gen Y people who are still essentially financial dependents of boomer parents, just scraping by and still requiring help from mom and dad whenever unforseen expenses like car repairs pop up. These people are sitting there, telling themselves that their big payday is coming when the old folks die and they inherit the big house, but I suspect what's actually going to happen is that that house is gonna be sold to pay for mom and dad's end of life care, or their stay in the luxury retirement home with the hot tub, cinema and bowling green.
I like your phrasing "economic ladders." What do you see as the specifics here?
Boomer end of life is going to be a major cluster fuck.
Education costs. Also the quality of that education itself. The red tape around starting a business. Hiring practices and the ease of applying for a job, what is affordable with an entry level job, the price of homes, the price of... everything.
The dollar amount we earn hasn't kept up with inflation, but the $30,000 house those boomers bought when they were in their 30s is now a $100,000 - $300,000 house. Or a million dollar house if it's in the right location. Can you imagine that? Buying a house your 30's that paid off in five years, and waking up aged 65, and now you're an asset millionaire, through no effort of your own?
The boomers had easy access to prosperity, and every cutback since then has been at the level where it sacrifices the prosperity of the young to maintain the living standard of those born before 1965 or so.
It already is, and it's only just beginning. The pressure their twilight years will put on society is going to get worse and worse for at least another 20 fucking years if not longer, before even half of them are gone.
Milennials watched their futures vanish in 2008. Zoomers are watching their futures vanish in this pandemic. Just as things never went back to the way they were before 2008, things are never going back to the way they were before 2020.
We are going to see massive changes in the very near future, and it will all be about making boomer retirement as comfortable as possible, and damn everybody else.