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The babyboomers dismantled the banking regulation in the USA and the UK which directly lead to the banking crash of 2008. They have also left us with a massive
by hackbinary 10y ago
The babyboomers dismantled the banking regulation in the USA and the UK which directly lead to the banking crash of 2008. They have also left us with a massively destabilised geo politics, and these weird problems with Islamic fundamentalism. The babyboomers exported all of our manufacturing jobs to China, so they could buy cheap goods from Walmart.
The babyboomers did not start running things until the 1980's, and they are definitely not responsible for very many social services, but I would agree that they did help facilitate a more tolerant view of minorities, and that is something to be commended, but that doesn't negate the their overarching negative impact on just about every other social program: housing, education, healthcare, immigration, out-of-work benefits, disability benefits. All of these have been massively cutback over "their" tenure, so they could cut taxes for themselves, during their most productive and prosperous years, so they can continue live their extravagant lifestyles.
The babyboomers are a disgrace to what their parents and grandparents did and stood for.
Obamacare is a positive development in the USA, but there have been massive (public) healthcare cuts (in relative terms) in every other country with a modern economy.
https://en.wikipedia.org/wiki/Samuel_P._Huntington https://en.wikipedia.org/wiki/Samuel_P._Huntington
https://en.wikipedia.org/wiki/David_Daiches https://en.wikipedia.org/wiki/David_Daiches