From Arthur Hayes
“The baby boomers are the richest and most powerful members of the US electorate, and they also are getting older and sicker. That makes it political suicide for a politician to campaign on a platform of reducing boomers’ promised social security and medicare benefits.”
This is so true even for the middle and lower class boomers. I was talking to my mom about this and she was overjoyed the debt ceiling was raised I told her I wasn’t nothing was solved. Then I further explained to her how her father (my grandfather) didn’t depend on the government to care for his wife and children. Even in retirement he took care of business to secure enough resources to make sure himself and my grandma had a comfortable retirement. But boomers just don’t get it. They feel so entitled so dependent on the government!