RE: America's wealth distribution by generation

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Time is always a factor. The boomers have had more time to accumulate wealth. By the time Gen X are the same age as the boomers are now, one would hope they'll have had time to accumulate a lot more wealth.

The big problem is government. They see all that boomer wealth as a pot which should rightfully belong to the government to (mis)spend. So that means that the boomers won't be left with any wealth to pass down to succeeding generations, it will all disappear in government orchestrated pension fund taxes, death duties, care costs etc. The government won't use the money to reduce the deficit, the money will disappear in corruption and into the military-industrial complex. Then they'll look at the relatively impoverished Gen Xers and demand even more tax to feed the machine.



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Government always finds a new way to grab, then acts shocked when nothing gets passed down. This cycle just keeps squeezing the same people

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