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Nov 13, 2019
12:30:13pm
Greg Kite's 'stache All-American
Ironically, Gen X'ers may be the ones that lost the most in all of this
Baby Boomers were able to take advantage of all the benefits that came after WWII---pensions, incredibly growing stock market, bought homes at low prices and now can sell for outrageous fortunes.

Millenials are still young and have the ability to drive the discussion on the political and economic stage for the next couple of decades. The world has changed significantly, but they have time to change and adapt to it.

Gen X'rs got caught in the middle. Too late for the perqs of the 70's, 80's and 90's. Got hit with the largest recession since the 20's during their prime earning years that set most of them back by a decade or more. And don't have time before retirement to make meaningful changes in the overall political and economic discussion.

Wealth creation (which is really what we're talking about in the these generational debates) is largely a function of right time/right place, especially when spoken of in generational terms. In any given generation there will be big winners, big losers and a lot of people somewhere in the middle. But as generations go, the Boomers had a lot of advantages, the Millenials have a lot of road still in front of them, and the Gen X'rs got stuck in the middle of all of it.
Greg Kite's 'stache
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Greg Kite's 'stache
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May 18, 2011
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Apr 25, 2024
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11/13/19 12:16pm

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