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Baby boomers did one big thing we should all be grateful for (finance.yahoo.com)

submitted 10 months ago* (last edited 10 months ago) by restingboredface@sh.itjust.works to c/personalfinance@lemmy.ml

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TL:DR author's positing that despite the public narrative we (gen x and millenials) are mostly better off (especially financially) than prior generations and at least partly due to actions from boomers.

Thought this was an interesting read. I don't agree with all of the author's points but figured it would generate good discussion here.

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[–] WhatAmLemmy@lemmy.world 1 points 10 months ago

The whole "you should be grateful for what you have" narrative is bullshit. The only way human civilisation advanced was because people didn't accept "good enough" and strived for improvement. This is especially true when people talk about first world problems — the core reason the first world is the first world is because prior generations said "not good enough" to their governments and corporations.

The boomers, however, reversed or squandered many of the massive gains they were left with —mainly attributed to the labor movements of the first half of the 20th Century — and set their children and grandchildren up to be worser off in most critical metrics. None of their successes will matter when the planets ecosystems collapse.