re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

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I don't know if they're generally this stupid (maybe the leaded gasoline had an effect on their ability to conceptualize things) or they're just coping with the fact that they have made a ton of mistakes running this country and don't want to admit defeat. Every dumb take online I see on economics is either some blue haired Zoomer or a BoomerCon.

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I don’t think it’s avoiding blame for mistakes; they already blame everyone else for the political state of their city/state/nation, anyway. I think it’s vanity. It’s very important to them that the “success” they have had is because they were particularly smart, or savvy, or hardworking, or whatever. And that’s not to say that some percentage of them aren’t right in that. But the overwhelming majority just rose with the tide, and they would rather swallow their own tongue than acknowledge that.