InfoGrenades / Boomers want a tax-hike on Zoomers! Boomers vs Zoomers: Finance Edition

wow, it appears the system has already imploded but we just haven’t realized it yet.

When Gen-Z finds out, they’re gonna be pissed.

On their own, and probably without the help of any other political movement (DSA, Maga, Maha, whatever) Gen-Z is probably gonna go full Zoomer Waffen.

When we first read about this, we didn’t believe it was true (thinking it may be a skewed election-season poll put out by some think-tank), but there is data to back up this surprise:

Boomers (awash in their “causes” and “luxury beliefs”) largely support tax hikes on younger workers to pay for Boomer Social Security!

With a little digging you can find the data, and in doing so, you will also see the supreme irony. Although the numbers vary from study-to-study the irony is that the average Boomer is worth $1.6 million and (of the home-owners) they tend to own 1.2-1.7 homes.

All while the average Zoomer is worth $10,000 - $20,000 and owns 0.04 homes.

The wealth gap between generations becomes even more demonstrable when you include other generations in the plot.

This also corroborates another statistic that’s been circulating recently:

In the 1980s the average age of First Time Home Buyers was people in their mid-to-late twenties.

BUT NOW, the age of First Time Home Buyers are people in their mid Fourties.

And, after all the datapoints above, we enter “Idiocracy” black comedy-levels of absurdity when you realize that Social Security itself will go bankrupt in five years.

So, in effect, for all the people who have had money automatically taken out of their paychecks for “Social Security” their entire lives, of ALL those people, only the Boomers will get their money back!

So THIS, could explain all the tumultuousness we’re seeing right now in politics and domestic events:

• The floods of immigration could be an attempt to try and prop up the failing system and avoid the looming Social Security insolvency. (By rushing MILLIONS of new people in, you could try to use tax money you collect from them to extend the Social Security runway).
• The rise of extreme political movements in the US like the DSA are likely gaining popularity due to youth realizing the system is failing, so they’re grasping at anything claiming to offer relief.

Even without the help of existing political movements, when Gen-Z fully finds out what has happened, they could go FULL nativist: embracing extreme government economic austerity measures, MASSIVE cutbacks, fraud-hunting, deportations, etc. When they fully find out what has happened, they could go HARDER than anyone has predicted. You can gauge this sentiment with the recent Anakin memes in the replies to this tweet.

They could potentially go hard. Full Zoomer Waffen.