3 ms·

Sure, but the government has also been kicking the can down the road for over a decade. Interest rates get lower and lower, asset prices get pushed higher and

• fakesheriff 5y ago
  Demographics = destiny. When an older generation with no concept of civilization wields political power, it does so in its own narrow self interest. We must pay $1.5m for a shitty 3BR apartment, $300k for a college degree, and $600 for insulin so that Boomers may live comfortably in retirement. The frustrating part is that only half of Boomers will live comfortably in retirement. The ones that do will be very comfortable. The others will stand on their arthritic knees 8hrs a day bagging groceries, trying to offset the precipitous decline in the purchasing power of their social security checks. Boomers are so selfish they don't even look out for people in their own cohort. The Boomer generation is an abject civilizational failure.