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.
Boomers were wealthier by a significant margin at every milestone in their lives. Most boomers left high school and started a entry level job that made more money than what college educated gen z make now. If you are a boomer and broke now, it's entirely your fault for not saving and investing when the country was having exponential growth.
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.
Boomers were wealthier by a significant margin at every milestone in their lives. Most boomers left high school and started a entry level job that made more money than what college educated gen z make now. If you are a boomer and broke now, it's entirely your fault for not saving and investing when the country was having exponential growth.
It helps that the poor Boomers were drafted to go die in a Vietnamese jungle, raising the average wealth and lowering competition.