By: Tim Wilkinson
My own mild irritation with some members of that generation is with the sell-outs: I detect a certain antinomianism based on an enduring self-image of being “right on”, which allows them to reconcile...
View ArticleBy: GiT
But the top 20% of boomers have made out quite well. Their average networth in, say, ‘04 was in the 3-4 million range. Surely that segment is the chief target of ‘boomer hate’.
View ArticleBy: TM
“The language of generational conflict is largely media language these days” Absolutely. The media will make up whatever it takes in order to avoid talking about class inequality and the 1%. And if it...
View ArticleBy: Martin Bento
Boy, that TBD article is a perfect example of what I’m talking about. John Quiggan doesn’t see how Gen X boomer resentment can translate into support for a policy that protects boomers and screws Gen...
View ArticleBy: John Quiggin
@Martin “. Romney has gained about 5 points since appointing Ryan and she shows it is coming from Xers and millennials, not boomers or older. ” This is incorrect, at least according to Nate Silver,...
View ArticleBy: GiT
TM My, aren’t you touchy. “Spouting nonsense” indeed. http://www.cepr.net/documents/publications/baby-boomer-wealth-2009-02.pdf
View ArticleBy: Martin Bento
John, well, I was going by TPM’s metapoll analysis. In any case, I’m not suggesting Ryan is crazy at all, and I’m not addressing the OP. When I wrote that the Repubs were going to exploit Gen X...
View ArticleBy: Martin Bento
It occurs to me that my previous comment responding to Barry might invite a long debate over which generation deserves how much credit for what. Sounds boring to me. My point in the original comment...
View ArticleBy: TM
Ok GiT. “But the top 20% of boomers have made out quite well. Their average networth in, say, ‘04 was in the 3-4 million range. Surely that segment is the chief target of ‘boomer hate’.” On rereading...
View ArticleBy: GiT
Well, it tells us something. We’re probably looking at something like this for percentile means 80-90: 500k 90-95: 1 mil 95-99: 2.5 mil 99-100: 20 mil Those are likely a tad on the high side, but...
View ArticleBy: TM
GiT, what’s the point? What does this prove about boomers in particular? Wealth distribution is extremely unequal in all age groups. The older age groups tends to have more wealth than the younger...
View ArticleBy: Charles Peterson
My Republican mother did indeed live on middling social security alone for the last 8 or so years of her life. She was never frugal unless she had to be, always buying furniture and stuff, always had...
View Article
