Most boomers are poor. They are also dealing with property taxes that are now significantly more than their mortgage use to be, and being on a fixed income, they are losing their home.
Most are happy to take money to protest because they're broke. Just like most everyone else. Only ten percent of the population isn't completely broke. Most of the people that are doing the best right now have government jobs.
Most boomers are insanely wealthy compared to every other generation. This isn’t even comparable, they’re the richest generation in western history. The median net worth is still 3-5 times higher than Gen x and millennials. Property taxes are not an issue anywhere unless you live in a blue hellhole which is a choice.
The median net worth is still 3-5 times higher than Gen x and millennials.
This is meaningless. Read your Basic Economics.
My net worth is more than 10x what it was 10 years ago. Can you guess why? Yeah, it's because I'm older and have been working longer and am making more money because I have more experience. (Also, I don't waste it on stupid shit like lattes, DoorDash, credit card debt, or financing new cars)
Now apply to every age group in aggregate. Obviously older people would have greater accumulated aggregate wealth than younger people because they've had more time to accumulate it.
Everybody is getting screwed in slightly different ways.
It's not meaningless. It's not just that they have more NOW than younger generations. It's that they had more than the younger generations do when they were the same age.
My dad (not technically a boomer) bought a house after being in the workforce for less than 10yr for 25k while making $19 an hour with no degree or certifications. That's insane because most of us who have been in our careers with degrees aren't making 10x that but the average house price is 10x that. Even if you go for a cheap house, that's 100k. To keep the scale, you would have to be making $75 an hour.
My dad (not technically a boomer) bought a house after being in the workforce for less than 10yr for 25k while making $19 an hour with no degree or certifications
Even the wage listed sounds high compared to the modern day.
Most boomers are poor. They are also dealing with property taxes that are now significantly more than their mortgage use to be, and being on a fixed income, they are losing their home.
Most are happy to take money to protest because they're broke. Just like most everyone else. Only ten percent of the population isn't completely broke. Most of the people that are doing the best right now have government jobs.
Most boomers are insanely wealthy compared to every other generation. This isn’t even comparable, they’re the richest generation in western history. The median net worth is still 3-5 times higher than Gen x and millennials. Property taxes are not an issue anywhere unless you live in a blue hellhole which is a choice.
This is meaningless. Read your Basic Economics.
My net worth is more than 10x what it was 10 years ago. Can you guess why? Yeah, it's because I'm older and have been working longer and am making more money because I have more experience. (Also, I don't waste it on stupid shit like lattes, DoorDash, credit card debt, or financing new cars)
Now apply to every age group in aggregate. Obviously older people would have greater accumulated aggregate wealth than younger people because they've had more time to accumulate it.
Everybody is getting screwed in slightly different ways.
It's not meaningless. It's not just that they have more NOW than younger generations. It's that they had more than the younger generations do when they were the same age.
My dad (not technically a boomer) bought a house after being in the workforce for less than 10yr for 25k while making $19 an hour with no degree or certifications. That's insane because most of us who have been in our careers with degrees aren't making 10x that but the average house price is 10x that. Even if you go for a cheap house, that's 100k. To keep the scale, you would have to be making $75 an hour.
Even the wage listed sounds high compared to the modern day.