On January 27th, 2026, the financial website MarketWatch published an article titled “More young adults are asking their parents to pay their bills”. It quotes one young adult saying, “I’m broke and it’s an unfair society.” The article states that “This dependence may reflect the worsening cost-of-living crisis shouldered by many middle-class families.” However, the truth is far deeper and far more troubling.
The fact of the matter is that, beyond the enormous debts and deficits maintained over the years in support of a massive welfare state that Americans can’t afford, this — the pricing out (or rather the progressive enslavement) of the younger generation — is the inevitable result of any society which forces the younger generation to subsidize old-age programs, pensions, and the financial gains of prior generations, but does nothing in the way of assurances to protect the younger generation’s prospects or offer relief when that burden becomes too great.
In this, we have a society where the youth struggles to even imagine owning a home and raising a family, and for those who manage to do that, we have a society of parents struggling to make ends meet while raising the next generation that will define the future; all while the prior generation dissipates wealth in high living, with little to no regard for the wellbeing or prospects of subsequent generations, fancying themselves ‘generous’ when merely repaying the generation that subsidizes their income and their financial gains on the basis of having become debt slaves to the banks.
What’s more, the younger generation — working and raising children — suffers more severely as a consequence of the higher prices, for the fact that they have families to care for, and because they have less in the way of the assets (physical or financial) rising in price. On top of this, it is the younger generation that pays far more in property taxes as a consequence of the far higher prices they pay to buy their homes.
So, in modern America, the grandparents’ generation fleeces their kids and grandkids to dissipate the wealth in high living, while the younger generation is critically left with less in the way of resources and flexibility to raise their children — and, in effect, this means that the younger generation has less in the way of investable resources and that their children will have less in the way of opportunity while those of the grandparents’ generation “live their best lives”. This means that their “best lives” come at the direct sacrifice of opportunity for the youth and the sacrifice of investment in America’s future.
I wish that Baby Boomers, in particular the ones who consider themselves patriotic, would finally acknowledge the con in which they have participated and from which they have so handsomely benefited at the expense of their heirs and at the cost of America.
Never in the history of the world has there been a generation so disproportionately coddled financially than the Baby Boomers; and what’s sad is that this excess is (as we are witnessing) coming at the expense of America.
This is not to condemn the Baby Boomer generation, but to say that they are, in fact, participating in (and systematically benefiting from) the demise of America.
As it turns out, the best thing that ever happened to any generation is that it was born late enough to avoid the draft but early enough to get ahead of the “everything bubble”. Ironically, some of them will live long enough to see the costs, but that doesn’t mean they’ll see (or admit to) what role they played in it.
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