I agree with parts of this, but strongly disagree with the "for", which implies causality The boomers accumulated a fair bit of wealth because, largely, they had luck to be born (a) during the early stages of a huge post war expansion, (b) before the progs regulated away growthhttps://twitter.com/strnglft/status/1290285507427962880 …
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4/ Boomers were born into a world with relatively low regulation, relatively low taxes, and foreign competition decimated by World War II. Europeans, Japanese, and others worked very hard among the rubble, shipped that money here to buy stuff to rebuild with.
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5/ During the time when America was doing great, the boomers came of age, and it was hard NOT to trip over a pile of money and do OK. People with no skills could get union jobs building cars, etc.
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6/ But now taxes and regulations have grown, foreign competition has grown (this is the normal state - having foreign nations devastated by wars is abnormal!), and academics, gov bureaucrats and other parasites have bogged down the economy.
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7/ So, there is an underlying narrative that explains both how boomers did pretty well, and how the kids are not doing so well ... but it's not remotely as simple as "prosperity [ for kids ] was kneecapped for a one-time offer for massive wealth accrual for a single generation"
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8/ the causality flows from the underlying history to - boomers doing well - zoomers doing less well the causality does NOT flow from boomers doing well to zoomers doing less well
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9/ sure, but that's mostly midwits repeating advice that worked for them, not an intentional act of sabotage against their own children intended to effect wealth transfer my argument is "crap happened, and 'boomers' as a whole aren't conspiring villains" https://twitter.com/DeanBradleySFF/status/1290323631315222534 …
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