"Young Generations Are Now Poorer Than Their Parents And It's Changing Our Economies"
https://youtu.be/PkJlTKUaF3Q
"when Boomers were young they voted for policies that benefited them, low cost or free higher education, strong social welfare. when they got to the peaks of their careers, their voting pattern changed again, they became in favour of lower taxes, less business regulation and zoning laws that would protect the value of their home. the push towards suburbs means houses got bigger and got more valuable. homes used to be a commodity and the cars costed more than the homes. now they are investment. in old age their voting patterns change again, voting to support pension schemes, healthcare benefits for seniors and cutting wealth taxes. even if that comes at the expense of cutting all the programs that benefited them when they were young and allowed them to get to where they are"
america isn't successful because its America. A country is strong because it had programs and encouragement that created a strong, educated and population. the older generations now want to burn all those bridges to that path of wealth creation.
if total lack of regulation and government was the ultimate economic stimulation, not a government infrastructure and some that encouraged these, failed stateless states like Somalia would economically flourish, not America in the 50s-60s. And now we see as America doesn't even rank in the top 20 of economic mobility. This is the chickens coming home to roost when your older generations betrayed your younger ones for their own gain.