Thanks a Lot for the Disastrous Economic Legacy, Baby Boomers
Filed under: Economy
Baby boomers were handed the American dream.
They entered the workforce at the beginning of an economic boom. Income tax rates dropped as their careers (and incomes) progressed. All while the Dow Jones industrial average soared more than 1,100%.
The Economist calls it a “demographic dividend” possible through a perfect storm of better education, a massive workforce (as a majority of women sought employment for the first time in history), and boomer-friendly legislation.
Yet according to one…
Thanks a Lot for the Disastrous Economic Legacy, Baby Boomers originally appeared on DailyFinance.com on 2012-10-20T06:00:00Z.
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