JUST SAY NO: Broke Gen X to inherit cost of Gen Z’s unrealistic dreams.
As Democratic candidate after Democratic candidate continues to find things to make “free,” there’s the inevitable question of who will pay for it. Free health care, free college, reparations for African Americans, back taxes for married gay people, canceling student loans — there are few proposals among the Democratic presidential field that don’t involve someone paying up.
While the candidates defer to a generic “the rich” or “the millionaires and billionaires,” it’s actually Generation X, currently around 40- to 54-years-old, who is poised to pick up the tab for all the “free” stuff.
Every proposal to make something “free” will involve plans to raise taxes and is aimed directly at the pockets of that generation. With the boomer generation largely retired, it’s Generation X who will see their taxes spike if plans to cancel all student loans or create Medicare for All see fruition.
In a time of obsessive “fairness,” this seems pretty unfair.
Talk of “fairness” is generally just a cover for theft.