It’s not like retirees are bathing in cash either. It’s just that when plutocratic corporations decide to raise prices at the same time and governments fail to tax them, the system reacts by raising interest rates and fucking the same people over whom it previously forced into debt.
Grandma is just not as fucked, she’s not being stolen from as much, she only has to contend with inflation. The economy is still mostly growing. It’s just that the few people at the top decided that workers getting a bigger slice of the pie after COVID was not how it’s going to be and fucked up the economy.
If you want to know who made it so that you can barely afford to live, don’t look at Grandma, look at the owners of megacorps who buy these articles that make you blame Grandma or people with different skin colors, or men or women or anyone but the few hundred people who actually run the system.
Well my boomer parents own their homes that they bought in the 90s and have public pensions with inflation increases. They can sell their home at today’s prices and buy a smaller one and leave the deal with a bunch of cash in hand and still have a paid for house.
Benefit from the problem ≠ root cause of problem.
This is absolute divisive garbage. Baby boomers aren’t to blame for inflation. The ruling elite who have been looting the planet and robbing us all blind are to blame. Them, and only them. Solidarity across the whole working class, always.
The article doesn’t say boomers are to blame tho
My mom is a baby boomer and she’s far, far, away from sitting pretty financially.
I work with boomers that were given everything, house with the job or a council house and the right to buy, final salary pensions, free education, free prescriptions, publicly owned utilities, a path to progress up the pay scale and they voted it all away when it was my generations turn to benefit.
Plenty of money for their generation, but now it’s our turn and suddenly the money is gone. This is the generation that struts about telling us that we don’t know how good we have it, sitting in their paid off houses that cost 3-5x the average salary whilst we pay £1000pm to the slumlord, triple locked pensions whilst we suffer real term pay cuts.
There’s never been a greedier, more selfish, entitled generation than the boomers. The first generation in history to leave the world worse off than when they inherited it.
Fuck them.
it’s class
it’s always class
