, 10 tweets, 4 min read
My Authors
Read all threads
1. Boomers are whining about the phrase "Ok boomer." As a boomer, I say "Ok, my fellow boomers." We screwed up their lives. We did it so we could dine out on their future wealth. We knew it. And if you say "Not me!" youre showing the narcissism that led us here. So, the stats...
2...we had to keep increasing spending and cutting taxes. The GOP always wanted to cut taxes, dems always wanted more spending. And we could only do both because we could borrow, borrow, borrow, loading ourselves up with debt that the younger generations will have to pay...
3...we knew what was happening with climate change. But we did nothing. GOP guilt, of course. If you voted for Nader rather than the man dedicated to fighting climate change, you did a twofer: Knocked the guy out who'd address this, put the guy in who dropped the Kyoto Accords...
4....the wreckage from climate change will be catastrophic. And we did that. We did it even though we knew. The GOP is guilty. The protest voters are guilty. The non-voters are guilty. If you say, "Not me" you are proving the narcissism that got here. If your first thought on...
5...seeing a person dying from a car accident is to say "I didn't do it" you are a narcissistic child. And that's us.

Oh, but kids could get educated to fight this for themselves, right? Except, for profits, we drove up college costs beyond reason. (Chart in constant $.....
6...so to get that college education, kids had to borrow and borrow and borrow. From who? From us! We are the ones who set up this system. And they are the ones carrying this insane debt that governs their lives...
6...now, not every chart shows a massive increase of horrors. No, there are some that are pretty flat. You know why? Because those show the money we were willing yo SPEND on our kids futures. Here is pre-college expenditures, per student constant dollars....
7...& of course, now that we piled trillions of dollars on them in government debt, forced them to either ditch college or borrow trillions cause we ran up costs, gave them a climate they must fix or watch their world wrecked, at least they can use their higher paychecks. Nope...
8...the only median going up? rich people. Everyone else? Flat. Whether dem or GOP in office.

So if you whine and cry that they are saying "Ok, boomer" rather than putting our heads on pikes, all I have to say is, "Go fuck yourselves, my fellow boomers. You're still selfish."
And by the way, we knew what was coming - at least as far as government finance - as far back as 1986.

Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Kurt Eichenwald

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!