- Joined
- Jun 13, 2005
- Messages
- 63,461
- Reaction score
- 30,317
How come they can’t buy homes or amass wealth then? Each generation is worse off than the one that came before it because inflation gradually robs us of our buying power. The middle class has been hollowed out and the elites have us fighting amongst ourselves.
Wealth is accrued over time. That's why older generations are wealthier than younger generations. Respective to the same points in their lives, Gen X was better off than Boomers, and Millennials have been better off than Gen Xer's.
This is new, and focuses on a very small time period (a decade ago versus today).