Reddit reviews The Theft of a Decade: How the Baby Boomers Stole the Millennials' Economic Future
We found 5 Reddit comments about The Theft of a Decade: How the Baby Boomers Stole the Millennials' Economic Future. Here are the top ones, ranked by their Reddit score.
I always like the way Sam put it in his book review of “The Theft of a Decade”
> ...As a voting and policy-making bloc, the Baby Boomer generation rearranged national economic priorities to benefit their generation, starting in the 1980s under Reagan and accelerating into the 1990s once Clinton, the first Boomer president, took office. As economic policies favored consumption over investment, short-term returns favored need-it-now Boomer priorities over invest-in-our-future Millennial needs - the same needs the Boomers had several decades prior and had benefited from under the policies of their forebears. This much is true, and the author is absolutely onto something in terms of why productivity has stagnated and why young adults today face far worse long-term economic prospects than their parents' generation did.
He is also right in that it is essentially a repeat argument of Canon Giibneys “A Generation of Sociopaths”
A read for you:
https://www.amazon.com/Theft-Decade-Boomers-Millennials-Economic/dp/1541742362/?tag=hereandnowbooks-20
>I wouldn't say that, and ironically they have Trump to thank.
A tax policy that is bad across all age cohorts doesn't undo or make up for the last several decades of policy that is coming home to roost. Trump's tax policy, for example, blew the deficit way, way, way up in a time of economic growth so when we have our next recession we're basically fucked. And who is going to get fucked the most? Who do they expect to not get social security or Medicare?
> One of the benefits of being a large generation I guess.
A large generation that gives zero fucks about what happens next and creates a cult like culture to make it easier to avoid giving a fuck.
This book summed it up horrifically well: https://www.amazon.com/Theft-Decade-Boomers-Millennials-Economic/dp/1541742362
I wonder if Bruce Canon Gibney, David Willetts, Joseph Sternberg, and PJ O'Rourke (for God's sake!) are all also part of this troll farm, or just unwitting dupes. 🤔
Your generation pawned college off on us like we needed to have it and your generation fucked us over in the economy and housing market. Get the fuck off your high horse and realize you generation is handing us a pile of shit and telling us to be happy.
https://www.amazon.com/Theft-Decade-Boomers-Millennials-Economic/dp/1541742362
I suggest you read this before you keep talking so ignorant. It’s a known fact that the older generations have put laws and barriers to entry preventing us from having the same start in life. You literally robbed us of our future so you can sit around and call us lazy.