Fact is that my generation, Millennials, are the first generation since the 1930s to grow up economically worse off than our parents and it’s only gotten WORSE for the following generations.
To the point that Boomer/Gen X middle of the middle class is rich by Millennial/Gen Z standards and will be considered economically obese by the time Gen A become adults.
Which may represent reverting to the norm of history where very few were rich and everyone else was a peasant.
If you want to change this look to the governments after the Depression and World wars. What did they do? High taxation for real public good.
The vast majority of the old are poor also. And the vast majority of the Rich would fit in a moderate concert venue.
Its the working class vs the 1%, not generation vs generation.
Fact is that my generation, Millennials, are the first generation since the 1930s to grow up economically worse off than our parents and it’s only gotten WORSE for the following generations.
To the point that Boomer/Gen X middle of the middle class is rich by Millennial/Gen Z standards and will be considered economically obese by the time Gen A become adults.
Which may represent reverting to the norm of history where very few were rich and everyone else was a peasant. If you want to change this look to the governments after the Depression and World wars. What did they do? High taxation for real public good.