Financial Friday: Who is Footing the Bill?

Brushwood Media Network · Oct 30, 2026 · 56m

FF: Who is Footing the Bill?

The Boomer generation took the world off the gold standard, implemented Medicare/Medicaid, had the greatest growth in the stock market, and control the greatest amount of wealth in the world today. Who is footing the bill with their taxes for all these benefits? The 40-year-old and younger generations that now have the largest amount of debt and control less than 7% of wealth in the world. The system has been set up to keep them in debt. What happens when they become the majority and start saying no? A lot of things have been started that are now affecting later…