Being honest, many of the boomers made it, but it wasn't all sunshine and rainbows for them either. They came of age during the stagflation of the 1970s, dealt with a financial crisis in the 1980s, the 1990s were ok, the 2000s had the dot com crash and recession and the great financial crisis, the 2010s look good on paper but were rough too, and now just as they start retiring they see covid and the stagflation afterwards and many can't retire because their retirement plans are showing 20% less money than 4 years ago in terms of purchasing power. The dollar an hour they made 50 years ago might have become 40, but their costs have gone up more than that.
Housing went up for boomers who owned a home, but also went up for boomers who didn't and are paying the same rent as you. Stonks went up for those who held them but most boomers don't own stonks. Factory jobs existed in the 1970s but the boomers face the same layoffs as the plants close as everyone else. It's been rough for everyone except the wealthy -- a group that does include many boomers but also includes many non-wealthy. If many A are B it does not mean many B are A, after all. Especially when there are not a lot of A but there are a lot of B.
Housing went up for boomers who owned a home, but also went up for boomers who didn't and are paying the same rent as you. Stonks went up for those who held them but most boomers don't own stonks. Factory jobs existed in the 1970s but the boomers face the same layoffs as the plants close as everyone else. It's been rough for everyone except the wealthy -- a group that does include many boomers but also includes many non-wealthy. If many A are B it does not mean many B are A, after all. Especially when there are not a lot of A but there are a lot of B.
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