I hold nothing but compassion and solidarity for those who follow.
I want things to be easier for them, not as hard or harder than they were for us.
Story:
Just had a really painful conversation with my Boomer in-laws. They refuse to see acknowledge how bad things are for us and blame us for our failure to thrive like they got to, after receiving a six-figure cash injection back in the 80s from their parents, which is all gone now with their frivolous spending.
In the US, 1950-1980 is the era of lowest wealth inequality in the countries history. The top tax rate reached 91% in that time period. It is currently around 37%. Us poors had it worse before then, and have it worse after then. They won a birth lottery. Source: Thomas Piketty’s ‘Capital in the 21st Century’
I hold nothing but compassion and solidarity for those who follow.
I want things to be easier for them, not as hard or harder than they were for us.
Story:
Just had a really painful conversation with my Boomer in-laws. They refuse to see acknowledge how bad things are for us and blame us for our failure to thrive like they got to, after receiving a six-figure cash injection back in the 80s from their parents, which is all gone now with their frivolous spending.
In the US, 1950-1980 is the era of lowest wealth inequality in the countries history. The top tax rate reached 91% in that time period. It is currently around 37%. Us poors had it worse before then, and have it worse after then. They won a birth lottery. Source: Thomas Piketty’s ‘Capital in the 21st Century’