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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Posted on 4/27/24 at 6:01 pm to fallguy_1978
Posted on 4/27/24 at 6:01 pm to fallguy_1978
quote:
I think the term Boomers has just become synonymous with old people. The youngest of them are around aged 60 and probably still working. The oldest are late 70s. They weren't by and large the generation making policy decisions 35 years ago. Many of the people in charge today (Biden, Pelosi, McConnell) are older than Boomers. They were beneficiaries of being born at an opportune time in the US, and I'm not saying they aren't partly responsible for the current state of the country either.
I think Boomers probably get a bit too much hate at the national level, but not nearly enough hate at the local level. They’ve dominated city/metro councils, school boards, etc, etc for decades. And most of the NIMBY bullshite responsible in part for massive housing issues falls squarely in their lap.
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