Boomers netted all of the rewards, though. They bought houses when they were 6 grotes and a handshake, then gleefully sold them to their kids for 750,000 and 12% while telling those same kids that they were trash because they couldnt afford things after paying 2500/month. 'Maybe buy fewer starbucks, man.'
While I did pick the low hanging fruit, I opine that there's more than inflation, here. There's systemic erosion of buying power, systemic transferring of useful jobs overseas, systemic globalization, systemic erosion of education, systemic destruction of family units, systemic undervalue of labor. ALL of this while boomers were - and are - in charge and telling everyone that they are trash and that they were going to make things better.
This entire comment is about inflation. A bit unfair to lay it all on boomers.
Boomers netted all of the rewards, though. They bought houses when they were 6 grotes and a handshake, then gleefully sold them to their kids for 750,000 and 12% while telling those same kids that they were trash because they couldnt afford things after paying 2500/month. 'Maybe buy fewer starbucks, man.'
While I did pick the low hanging fruit, I opine that there's more than inflation, here. There's systemic erosion of buying power, systemic transferring of useful jobs overseas, systemic globalization, systemic erosion of education, systemic destruction of family units, systemic undervalue of labor. ALL of this while boomers were - and are - in charge and telling everyone that they are trash and that they were going to make things better.