[rswail]

Except that is not happening with the current generations. The move from fiscal liberty to conservatism happened with previous generations because they accumulated assets like housing etc that they want to protect.

The current millenial/GenZ generations are dealing with multiple economic crises during their career development, as well as property and other asset bubbles keeping them from accumulating the same assets as their parents.

[raincole]

> they accumulated assets like housing

Which they'll eventually pass to their millennial offsprings when they die.

[danaris]

Unless they sell them to fund their twilight years in a nursing home, which can guzzle down your money like nothing else.

[rswail]

Which leads to more wealth inequality and loss of equity.