Blaming
us, Boomers, is the key to not getting back to where we were after
WWII: 1946-1976.
The
USA was the land of opportunity after WWII because of: unions, the
New Deal, the Sherman Anti-Trust Act, Glass-Steagall, etc...
During
the Gilded Age, the period of extravagance that caused the Great
Depression, the megalomaniacal class (mega($)), the uber wealthy of
the day, did not think, "enough," applied to them.
Sound familiar?
The
business of business is profit, and unregulated businesses tend to
profit only the owner class; those whose parents' fiscal status could
make business ownership possible. The mega($) also despised
competition; built trusts wherever possible.
Teddy
and Franklin D. Roosevelt were leaders in the effort to put
significant, regulatory (government) restraints on their
megalomaniacal peers. The fix started before the turn of the
20th century, but was not successfully completed till the New Deal
kicked into high gear at the end of WWII.
Keynesian
government spending recognized the need for some activities
(infrastructure: water, electricity, telecommunications (Internet, telephone,
radio, TV, etc...), roads, airports, sea ports; military; education:
pre-k to post doc; health care; R&D: FFRDCs, tier 1 & 2
public, research universities; etc...) needed to be done for as close
to everybody as possible; this was/is not profitable. Socialism
was, and still is, needed. Businesses can not, will not, do
what's required, even as they declare that, "only they can."
Sounding familiar here as well?
In
the 1960s and 70s progress towards an all inclusive society was made:
the Voting Rights and Civil Rights Acts lead the way. Women's
health care made major progress in the precedent set by Roe v. Wade.
A woman could not have her own credit card, car or home loan till
half way through the 1970s; ask your Mom or Grandmother.
There
was a problematic group, heavily promoted by a resurging mega($)
class, during the late 20th century called the, "neo-liberals."
They were neither new nor were/are they liberal. Moving away from the
government regulations that restrained the unenlightened
self-interests of the 1% allowed the economy, that the more recent
generations find problematic, to come to pass; again.
I
will not defend Boomers from the part of the blame that we deserve.
However, if you want to rebuild the economy that made the USA the
most equitably wealthy, overall, in the world, you've got a great
deal of work to do. If, “socialism,” seems unworkable to you,
that points to that person in your mirror as your main problem.
You
can ask the Boomers to help, and quite a few of us will, but the
effort you need the most is your own; start with voting. Greed
is an ever present characteristic of the human race, and it must be
regulated by government; of, by and for the people (voters and other
participants). Mega($) self restraint has not, and will not, ever
happen.