Millennials accuse Baby Boomers of ruining the economy
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Re: Millennials accuse Baby Boomers of ruining the economy
#2Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
Re: Millennials accuse Baby Boomers of ruining the economy
#3Rent seeking ruins economies. We see a lot of rent seeking by the current power structure (where boomers have accumulated >80% of the wealth).
1+1=2
Re: Millennials accuse Baby Boomers of ruining the economy
#4Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
> two major wars
These “wars” did not even have an organized enemy, so I cannot classify them as major in the context of other wars in history. I would classify them as major exercises in enriching military vendors.
Re: Millennials accuse Baby Boomers of ruining the economy
#5Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
> two major wars These “wars” did not even have an organized enemy, so I cannot classify them as major in the context of other wars in history. I would classify them as major exercises in enriching military vendors.
major in terms of my tax dollars wasted.
Re: Millennials accuse Baby Boomers of ruining the economy
#6Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
> two major wars These “wars” did not even have an organized enemy, so I cannot classify them as major in the context of other wars in history. I would classify them as major exercises in enriching military vendors.
*boomer owned military vendors.
Re: Millennials accuse Baby Boomers of ruining the economy
#7Rent seeking ruins economies. We see a lot of rent seeking by the current power structure (where boomers have accumulated >80% of the wealth). 1+1=2
Isn't it normal for people who have more productive years behind them already (and thus more savings etc.) to own a bigger share in the economy? Today's Gen Z-ers will too be retired 40-50 years from now, and will also own lots of assets then.
Re: Millennials accuse Baby Boomers of ruining the economy
#8Oh my how we love labels! And arguing about pointless sh!t. Question actually is wtf we going to do about the current challenges. Finger pointing doesn't move that forward.
Re: Millennials accuse Baby Boomers of ruining the economy
#9Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
Climate change?
Re: Millennials accuse Baby Boomers of ruining the economy
#10[deleted]