Au contraire, boomers and gen x were the first ones to see their jobs destroyed. The offshore movement of manufacturing started in the 1980s, and that hit boomers, and overlapped into gen x.
Yes and even despite all that, boomers have the largest share of national wealth ever seen in the history of western society.
The working class boomers and early gen x were hit very hard.
Sure 2 million manufacturing jobs lost between 1980-2000 and 5.5 between 2000 and 2018. That’s what 7.5 million? There’s 32 million immigrants employed in the US as of 2024. That’s over 10 million more than in 2010. This of course doesn’t include the mass offshoring of white collar jobs and the DEI hiring practices either.
Not a few of them are now dead as a direct result of this due to suicide and drug addiction.
And it’s about half the rate that millennials and gen z have.
Yes and even despite all that, boomers have the largest share of national wealth ever seen in the history of western society.
Sure 2 million manufacturing jobs lost between 1980-2000 and 5.5 between 2000 and 2018. That’s what 7.5 million? There’s 32 million immigrants employed in the US as of 2024. That’s over 10 million more than in 2010. This of course doesn’t include the mass offshoring of white collar jobs and the DEI hiring practices either.
And it’s about half the rate that millennials and gen z have.