If my predictions are right, America is totally screwed unless the government expands in a major way and creates a welfare state. Employers simply don’t need employees anymore beyond menial jobs. Boomers are standing in the way, because they live in their time not the current time.
It’s kind of like the drug cartels in Mexico. Some people may have had a good run because they were useful to the cartels. It’s that boomers are too bone headed to get this, that the cartels would just as quickly murder everyone. The only difference is it’s bankrupting people instead of murder. Their political influence keeps entrenching these forces.
Boomers do not understand that it wasn’t hard work that got them a steady career, but luck. The wave came, they road it. They didn’t create the doorways that were opened for them. Those doors would shut right in their faces if they were born later.