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Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
(www.nbcnews.com)
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this post was submitted on 05 Apr 2025
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Having lived in the shadow of "boomers" all my life, I'm rather bemused by the story arc they took - when I was very young, they were being castigated by the culture as being a bunch of idealistic, hippy-dippy dumbasses that didn't know how "real life" worked. Most of this coming from MSM, mind you, and still controlled by the older generation. Then, when the 80s really came along, I remember lots of common tropes where some Gen X kid/teen is winking at the audience about the "60s leftovers" and how much more savvy the kid/teen is than their hippie drug-addled idealistic parents or whatever - often a nod to Reaganite sensibilities.
Then as Gen X started coming into their own, they mostly seemed to be grumbling about how they wanted to have their day in the sun, but by the time they left high school/university, the American Dream was already crushed for the boomers and also by the boomer "sellouts", so what hope did our generation really have?
Then, later, once the culture mostly shifted to Gen Y, the MSM narrative seemed to pit boomers vs. Gen Y and paint the boomers as these extreme far-right reactionaries that ruined everything for everyone?
That's quite an arc...and this is coming from someone that does hold a bit of a grudge for 1) Missing the 60s and being way to young in the 70s to appreciate a lot of the cultural things that happened. 2) having to live most of my life in a culture where nearly all of it seemed to be about the 60s generation holding up a mirror to their own generation and struggling to free themselves from the Silent Generation/Greatest Generations, even into their 40s and 50s and beyond. So very much of the movies/TV that I grew up with was about catering to boomers...we had a small window with that "brat pack" thing, and then a few indie movies aimed at/made by our "slacker generation", but so many other movies were still about boomers, ultimately, even during that phase....like Forrest Gump.
Only to see this repeat with Gen Y - I'm already watching them go through similar nostalgia phases that the boomers seemed to go through. It will be interesting to see if they have a very similar arc...
Thank you. This is really well expressed!