What happened, why do we have to make America great again?
Is it because the Boomers blocked the GenX and Millennials?
Yes they did, but only because they were in the right place at the right time.
I think because taxes were high during the good years more money was plowed back
into growing and modernizing the business, instead of sucking it out to satisfy the
Wall Street wolves and Private Equity Leeches.
Boomers are keeping control by hiring older CEOs. In the last 14 years the fortune 500
CEOs that were hired were born in the same year. In 14 years the age of new hires
has increase by 14 years. That'll keep them whippersnappers out.
Academia is the same, in 15 years the college presidents 71+ went from 2% to 11%,
age 61 to 70 went from 28% to 47%. Ha ha whippersnappers.
Also the number of tenured and tenure tracked teachers has dropped and part time
teachers has climbed from 24% to over 40%.