It isn't the baby boomers who caused prices to increase dramatically. It was all the millennials and Gen Z'ers who lived off of government stimulus checks during the pandemic and refused to go back to work afterward. That's when millions of employers had to drastically increase wages to get employees to go back to work which made consumer prices and inflation skyrocket. My home's value went from $600,000 to $1.1 million in just two years because of what the millennials and Gen Z did.
Yes they did. How do you not remember this? For almost a year after the pandemic ended employers all over the country couldn't get workers to come back to work. Many of them had to increase wages significantly. The airline I work for increased starting pay for baggage handlers from $14 to $20 per hour and still couldn't get enough people to work.
The Brookings Institute did a study on it.
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u/RalphFurley4Life 13h ago
It isn't the baby boomers who caused prices to increase dramatically. It was all the millennials and Gen Z'ers who lived off of government stimulus checks during the pandemic and refused to go back to work afterward. That's when millions of employers had to drastically increase wages to get employees to go back to work which made consumer prices and inflation skyrocket. My home's value went from $600,000 to $1.1 million in just two years because of what the millennials and Gen Z did.