10-02-2016, 10:16 PM
(10-02-2016, 06:53 PM)Eric the Green Wrote: Those graphs don't mean much, when the fact remains that for all groups, the wealth is distributed so that most of it is owned by the very wealthy. If the top 1% own most of the wealth, then even if all of that 1% are in their 60s and 70s, that's still a small proportion of those in their 60s and 70s. That's why it's worth pointing out that there's no real generational divide, except in some peoples' minds. The divide is political, between those who believe in the trickle-down theory which has created the inequality, and those who don't. That's all that matters today.
Then why do you keep calling Generation X materialistic when there is absolutely no basis for it? Why is that when there is talk of the materialism of Baby Boomers, it is "oh, it's just a small portion of people in their 60s and 70s who are in the 1% income range," but the "typical Gen Xer is pecuniary"? That's bullshit.