The Boomer-watch continues (#1521908,
#1527198, #1528521, #1528521):

Today, the ill-fated suffering of Gen Zs (teenagers and 20yos) is on the agenda.

By all accounts, these self-absorbed and overcredentialed but undereducated youths are struggling. They have a hard time finding good jobs, and when they do, many are remote. They fear the uncertainties of artificial intelligence and suffer the ills of inflation. Housing prices are out of reach. They are reluctant to marry and start families.

"The sum may be less than expected because baby boomers are living longer and spending more on themselves.""The sum may be less than expected because baby boomers are living longer and spending more on themselves."

Yes, that's one good reason we should end social security (and similar schemes) immediately #1525959, #1531967: you're taxing young and poor people to hand over freebies to the old and the rich. Makez. Noz. Senze.

And, more importantly, expedite the fleecing. Confiscate Luxury Boomer Communists' stuff right now; expedite the inheritance circus.

flashback:

In 1982, Fran Schumer wrote “Downward Mobility,” a classic New York magazine cover story. She interviewed 20- and 30-somethings about their financial woes, classifying them as the nouveau pauvre, or, as a well-known economist put it, “well-dressed paupers.”

Apparently just same-old, same-old?

uh-huuuu:

A young lawyer bemoaned his strained finances: “It’s not that I came from wealth; it’s just that I thought by the time I was 36 I’d easily be buying a second home, having a car.” He lived in a studio apartment on the East Side.
Ms. Schumer protected her interviewees’ identities with pseudonyms, we can’t know how these baby boomers did over the years. But in all likelihood they thrived and their wealth will contribute to the “Great Wealth Transfer.” The nouveau pauvre became the nouveau riche.

We know, more or less, how it happened. Volcker succeeded in reducing inflation, Ronald Reagan’s tax cuts kick-started the economy, the stock market surged, and the personal computer, internet and smartphone changed everyone’s lives.

"It’s impossible to predict the future. Let’s not become prisoners of our ignorance. Prediction is a great game, but it’s only a game.""It’s impossible to predict the future. Let’s not become prisoners of our ignorance. Prediction is a great game, but it’s only a game."

Ms. Stroup is board chairman of the James G. Martin Center for Academic Renewal in Raleigh, N.C.
...and, relevantly a boomer (or narrowly a pre-boomer), and about 80 years old. Disgusting.
https://archive.md/o5GJS