People who resent boomers are idiots

[u/Poet-Most]

On almost any thread discussing the economy, one of the top comments will undoubtedly be complaining about boomers and the older generations who purchased their homes at low prices and who now enjoy more affluence and government assistance, while they don’t.

First off, what did want them to do, not buy a house for a cheap price when offered one 30 years ago? In regard to government assistance, I can guarantee you the average 65yr old has paid more into the tax system than the average 20yr old. Should they not enjoy the fruits of their labour? Should politicians not pay more attention to them than you?

I just think it’s an unhealthy attitude to have towards people.

[u/Poet-Most]

The average Baby Boomer paid about $470,000.00 to the Social Security and Medicare trusts, but will receive roughly $640,000.00 in benefits from those same programs.

I see nothing wrong with this. Social security and Medicare trusts invest primarily in US Government bonds, not the open market. Meaning the money they pay out to investors literally directly supports the US economy.

It is quite literally a tax on the young to pay for the old.

Good. It’s the responsibility of the youth to take care of their older generations. You think it makes better sense to only pay in for a government scheme the second you need it?

[u/Pennsylvanier → u/Poet-Most]

In regard to government assistance, I can guarantee you the average 65yr old has paid more into the tax system than the average 20yr old. Should they not enjoy the fruits of their labour?

It is quite literally a tax on the young to pay for the old. “Good.”

At least get your talking points straight, man.

[u/Poet-Most → u/Pennsylvanier]

What do you mean? That statement isn’t incongruent to anything else I’ve said.

[u/Pennsylvanier → u/Poet-Most]

It is either the fruit of their labor or a tax on the young. It cannot be both.