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Opinion | How Boomers Blew Up the American Dream
Opinion

Opinion | How Boomers Blew Up the American Dream

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Last updated: October 17, 2025 4:35 pm
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Published: October 17, 2025
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How Boomers Blew Up the American DreamChild boomers had run. Now we’re all paying for it.

new video loaded: How Boomers Blew Up the American Dream

transcript

transcript

How Boomers Blew Up the American Dream

Child boomers had run. Now we’re all paying for it.

“Hey, boomers!” “It’s simple to wave indicators saying, ‘I can’t consider I’m nonetheless protesting this [EXPLETIVE]!’ However in the event you’re trying to maintain somebody accountable ——” “Personal the world you made.” “Protest yourselves.” “Individuals born within the a long time after World Battle II have been handed the world on a silver platter.” “Low-cost school.” “Low-cost housing.” “Ample alternative.” “The overwhelming majority of you ended up wealthier than your dad and mom.” “And Lord is aware of it wasn’t since you have been smarter or labored tougher.” “It was as a result of America was an escalator.” “You simply needed to stand on it.” “You’ve been an electoral powerhouse for the reason that ‘80s.” “When introduced with a alternative between defending your pursuits” “or investing in a greater future to your kids ——” “You often selected yourselves.” “Are you able to consider it?” “Extra advantages for boomers.” “Extra tax cuts for boomers.” “And borrowed cash to make up the distinction.” “Over the previous quarter-century, you’ve put nearly $30 trillion on the nationwide bank card on behalf of future generations caught with the invoice ——” “What’s your drawback?” “What’s your drawback?” “A yr at a public college ——” “Prices nearly 4 instances as a lot because it did in 1970 after adjusting for inflation.” “The common home price greater than two instances as a lot.” “And also you made it tough for youthful Individuals to reside within the cities with one of the best jobs.” “You frequently use your electoral may to squash ——” “Plans for brand spanking new development and defend your property values.” “It’s such as you assume democracy solely exists to be able to band collectively en masse to freeze your communities in time.” “You’re the rationale so many Individuals sleep of their automobiles.” “You’re the rationale that public colleges immediately are extra segregated than they have been in 1968.” “It’s simple accountable the nation’s political leaders.” “However let’s be clear: For the previous couple of a long time, they’ve largely been members of your technology ——” “Elected along with your assist ——” “To guard your pursuits.” “From the primary boomer president, Invoice Clinton ——” “To the present boomer president, who’s hopefully the final one.” “The Bush years have been peak boomer. In 2001, when the federal government’s coffers have been overflowing ——” “You probably did what you all the time did.” “You handed a large tax reduce dividing the cash amongst yourselves.” “In 2003, you probably did it once more.” “And in 2006, you have been all in for a giant enhance in authorities spending ——” “On Medicare, simply in time for the primary boomer retirees.” “You determined you’d reasonably have Walmarts than manufacturing unit jobs.” “And also you didn’t ask too many questions on the low, low value of your super-size flat-screen TV.” “You loved the short-term advantages of deregulating the banking trade ——” “Telecommunications ——” “And a number of different industries ——” “Leaving future generations to scrub up the mess of company consolidation and junk charges.” “However hey, making issues cheaper for your self at everybody else’s expense is form of your M.O.” “You tree-hugging hippies championed environmentalism. However what’s your legacy?” “A world that retains burning extra carbon and a planet that retains getting hotter.” “As an alternative of really confronting the issue, you embrace recycling, a con recreation that permits folks to fake they care in regards to the planet with out doing something even somewhat tough ——” “Like utilizing fewer plastic bottles.” “You exported your waste to much less rich nations otherwise you simply dumped it within the ocean. Because of you, there’s an island of trash 3 times the scale of France swirling off the coast of California.” “However don’t assume we’re completely ungrateful.” “We admire the progress that you simply made on civil rights and gender equality ——” “Though you don’t all the time appear to grasp that there’s nonetheless a variety of work to do.” “Thanks for the avocados, some good music and the World Vast Internet. However possibly as a substitute of writing poster puns, it’s time to jot down some apology notes.”

Child boomers had run. Now we’re all paying for it.

By Emily Holzknecht and Binyamin Appelbaum

October 17, 2025

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