So how many trillions? Over this period, BofA calculates, U.S. household net worth has skyrocketed from $17 trillion to $150 trillion. Boomers, alongside “traditionalists,” hold two-thirds ($146 trillion) of that total net worth. This means that government policy has resulted in a $129 trillion wealth transfer into the pockets of those boomers and older Americans, BofA said (it didn’t clarify the exact apportionment of wealth between these two groups).
Us against them math, divide the old and the young math, provide an easy target math.
Do boomers benefit from unearned wealth at the expense of the young? Yes. Did they all scheme to get it? No, most just showed up and it happened. The ultra-wealthy on the other hand, they (or people they paid) knew EXACTLY what they were doing. And what they are doing now.
The ultra-wealthy are untouchable, mostly unknown, and almost completely invisible. But Boomers? We all know Boomers. Fuck the Boomers! Let’s go after em. Then the Boomers, regardless of the righteousness of their wealth or position will be frightened and defensive, and will say fuck the youth.
And we will war against eachother and the ultra-wealthy will laugh as they always have.
What sort of math are they doing here?
Us against them math, divide the old and the young math, provide an easy target math.
Do boomers benefit from unearned wealth at the expense of the young? Yes. Did they all scheme to get it? No, most just showed up and it happened. The ultra-wealthy on the other hand, they (or people they paid) knew EXACTLY what they were doing. And what they are doing now.
The ultra-wealthy are untouchable, mostly unknown, and almost completely invisible. But Boomers? We all know Boomers. Fuck the Boomers! Let’s go after em. Then the Boomers, regardless of the righteousness of their wealth or position will be frightened and defensive, and will say fuck the youth.
And we will war against eachother and the ultra-wealthy will laugh as they always have.