Wealth flows from younger generations to Boomers
h/t @GreenPlusAnE
The system is set up to extract wealth from Millennials and Gen Z and give it to Boomers:
- NIMBY housing laws that make it impossible for first time homebuyers to afford a home.
- Student debt that can't be paid off or discharged, leading to permanent wage depression.
- State governments in unsustainable levels of debt to civil service pension funds while canceling those benefits for new hires. California pays an average of 102% of final earnings to retiring civil servants.
- Proposition 13 lets longtime homeowners pay significantly less property tax than new ones.
- Both Medicare and Social Security will not be fully funded starting in 2033.
- Politicians are terrified of calling this out because 9 out of 10 people who go to their town halls are Boomers. I talked to one US Congressman who said "coming out too hard against Boomers is an almost sure way to lose an election". They're happy to call out billionaires but terrified to call out Boomers.
Once you see it the first time, you see it everywhere.
Nov 8, 2025 · 10:33 PM UTC

















