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Who is claiming anything is binary? So you agree things are objectively more expensive. Now the distinction is... that it's not entirely the Boomer's fault? S
by paulryanrogers 4y ago
Who is claiming anything is binary?
So you agree things are objectively more expensive. Now the distinction is... that it's not entirely the Boomer's fault?
Sure, there are likely a few other factors involved but that doesn't mean Boomers hands are clean.
Boomers had a good run despite the challenges of their era, benefited much from policies they rolled back, and remain largely in control of government and wealth in the US to this day.
They oppose changes needed for the new generations to come into their own: NIMBYism, longer careers, owning multiple homes, denying voting initiatives like ranked choice or same day primaries, deregulated industries, rolled back most estate taxes, opposed unions, teaching fantasy economics and berating the kids who find it's not working.
- s1artibartfast 4y agoThe binary thinking was Fatino's preconception that in the past any young person could easily get a house 1 year out of school, while now boomers are intentionally holding houses off the market in a decentralized price fixing conspiracy. Regarding the economy, I think that boomers generally rode a wave of global growth and benefited greatly. I dont think it is so much that the pulled up the ladder, but failed to build new rungs as the tide went out.