Once the Millennials wake up, and realize they were played by the Boomers . . .

The Big American Question

. . . everything will change. Payback is a bitch, and the Millennials will want a lot of payback.

"Just a few weeks ago, the press was hailing the glories of the Obama economic recovery; now that the election is over, a darker picture is beginning to emerge. Life expectancy is falling in the United States for the first time in generations, and a recent study found that the percentage of 30 year olds earning more than their parents did at the same age has fallen to historic lows. The Wall Street Journal reports:

Economists and sociologists from Stanford, Harvard and the University of California set out to measure the strength of what they define as the American Dream, and found the dream was fading. They identified the income of 30-year-olds starting in 1970, using tax and census data, and compared it with the earnings of their parents when they were about the same age.

In 1970, 92% of American 30-year-olds earned more than their parents did at a similar age, they found. In 2014, that number fell to 51%."

The Boomers have lived on credit, personally, and to fund their inane, wasteful pet political projects. They have not paid for their retirement costs, and expect the rest to pay for their excessive medical costs both while still on Obamacare policies, and thereafter on Medicare. They screw the Millennials at every turn, from allowing college costs to inflate 7 times faster than inflation, to endless trivial environmental concerns which only decrease jobs and wealth available for the Millennials. The Boomers allowed choking government regulation of business, and individual life. But they believe the opposite.

"If that were the story, you would expect that the Obama years would have seen a beautiful resurrection of income equality and growing opportunity across the United States. And you would also expect that highly regulated economies like Italy and Greece, with their generous welfare systems and networks of laws aimed at protecting little guys, would be celebrating a long boom. The EU as a whole, where regulations are tight, minimum wage laws are strict, and government constantly works to keep capitalism from showing its fangs, should be leaving India, China and Vietnam coughing in its wake as it rockets to prosperity past the weakly regulated, hyper-competitive Asians."

Calling these flapdoodles fools is a slander to fools the world around. 

The Millennials are a larger generation than the Boomers, and the Boomers are beginning to die off. All of this coincides with the Millennials becoming adults, marrying, and raising families. Or as we call it, the political awakening to reality.