Baby Boomers’ Economic Grip Squeezes Housing, Labor, And Wealth For Younger Generations
The Baby Boomer generation has long cast a long shadow over the American economy, and that shadow shows no signs of shrinking anytime soon. A metaphor coined in 1974 described the 76 million Baby Boomers as a “pig in the python,” a generational bulge squeezing through America’s economic system with lasting consequences. When Boomers flooded…