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Bush, Trump and Biden are all boomers, as were most people in congress. If you're blaming federal spending, it sounds like a reasonable statement to make that "

by aydyn 3y ago

Bush, Trump and Biden are all boomers, as were most people in congress. If you're blaming federal spending, it sounds like a reasonable statement to make that "boomers tanked the economy"?

mikhailfranco 3y ago
No, blame the electorate, which has significant contributions from all generations (but decreasing Boomers now). There is a doom loop of (western) democracies voting themselves welfare, wars, lower taxes, various anti-market subsidies, stimmie checks, bread & circuses... Then have the central bank print trillions $£€¥ to cover the deficits (actually quadrillions for ¥¥). If something cannot go on forever, it will stop.
- Am4TIfIsER0ppos 3y ago
  And who were the electorate? It went Silents, then Boomers, Xers, Millenials, Zoomers, and the next one A or Alpha might be starting (they don't have a slur yet). The pains of 2005-2012 and the decade of zero interest were brought about by the actions of Silents and Boomers and voted for by Silents, Boomers, and Xers in the years and decades preceeding. Boomers are the obvious scapegoats. Who was the celebrity today I saw saying they wouldn't leave his children his $500M fortune? Mick Jagger I think. But rest of them are similar. "I won't leave my kids the house." "I'll spend everything I saved." "I got my first job walking in off the street making shoes so why don't you?" Now the government would steal large parts of these as though they didn't get a share when it was saved and the manufacturing has all been outsourced. But those things just happened. Nobody was behind them. Like a car runs into pedestrians with no driver at the wheel. Having written all that I'm not sure whether you agree with my grandparent comment or not.
rootusrootus 3y ago
> Bush, Trump and Biden are all boomers Nitpick: Biden is silent generation, not boomer. And there are still 7 other silent generation members of congress. It's been joked about before, but I think there is some truth to the idea that kids these days are now just calling everyone from starting with older Millenials on up a boomer. At this point I'd bet a fair number of them don't even know where the word boomer even comes from, it's just slang for old person. The media made such a big deal about Generation X back in the day that it feels a little sad to get forgotten. I'm feeling less special by the day...

by aydyn 3y ago

Bush, Trump and Biden are all boomers, as were most people in congress. If you're blaming federal spending, it sounds like a reasonable statement to make that "boomers tanked the economy"?

mikhailfranco 3y ago

No, blame the electorate, which has significant contributions from all generations (but decreasing Boomers now). There is a doom loop of (western) democracies voting themselves welfare, wars, lower taxes, various anti-market subsidies, stimmie checks, bread & circuses... Then have the central bank print trillions $£€¥ to cover the deficits (actually quadrillions for ¥¥). If something cannot go on forever, it will stop.

Am4TIfIsER0ppos 3y ago
And who were the electorate? It went Silents, then Boomers, Xers, Millenials, Zoomers, and the next one A or Alpha might be starting (they don't have a slur yet). The pains of 2005-2012 and the decade of zero interest were brought about by the actions of Silents and Boomers and voted for by Silents, Boomers, and Xers in the years and decades preceeding. Boomers are the obvious scapegoats. Who was the celebrity today I saw saying they wouldn't leave his children his $500M fortune? Mick Jagger I think. But rest of them are similar. "I won't leave my kids the house." "I'll spend everything I saved." "I got my first job walking in off the street making shoes so why don't you?" Now the government would steal large parts of these as though they didn't get a share when it was saved and the manufacturing has all been outsourced. But those things just happened. Nobody was behind them. Like a car runs into pedestrians with no driver at the wheel. Having written all that I'm not sure whether you agree with my grandparent comment or not.

rootusrootus 3y ago

> Bush, Trump and Biden are all boomers Nitpick: Biden is silent generation, not boomer. And there are still 7 other silent generation members of congress. It's been joked about before, but I think there is some truth to the idea that kids these days are now just calling everyone from starting with older Millenials on up a boomer. At this point I'd bet a fair number of them don't even know where the word boomer even comes from, it's just slang for old person. The media made such a big deal about Generation X back in the day that it feels a little sad to get forgotten. I'm feeling less special by the day...