I agree in the sense that looking at aggregates like this is rather Keynesian so it misses the plight of large groups of individuals who aren’t well off and places them alongside those who are. Absolutely I’m cognisant of that.

However, even the not well off Boomers are infinitely better off than the demographics behind them. For example, they get their primary residence excluded from assets test for the pension - they’ll literally be sitting on million dollar homes that they bought for $25k 30 or 40 years ago, bilking the public purse, because they think they’re “entitled” to a pension after paying taxes, not understanding that their tax contributions don’t cover fuckall of what they’re now receiving in benefits and they’re basicallly consuming the taxes their great grandchildren will pay in.

If you’re a Zoomer or Millennial who loses their job you’ll be forced to spend down any savings you’ve accumulated before you can access Centrelink, but we let Boomers keep their houses and get their welfare - it’s just completely off.

Same goes for healthcare - 30+ year olds are forced to pay for private insurance else they get slugged extra fees and the scheme is purely there to subsidise the Boomers who utilise the system orders of magnitude more than young people. That’s government interfering with the private sector, nevermind how much Boomers draw down on public health because they think it’s “free” - Aged Pension and Medicare are the biggest expenditures in the Federal budget by far which is why this first graphic skews so heavily towards the 65+ cohort.

Nevermind the “free” Uni they got before pulling up the ladder behind them where Zoomers and Millennials rack up $20k-$50k+ in HELP debt before they even enter the workforce. Throw in the degradation in quality as the Unis now gear themselves to International Students, pushing “group work” where the Aussie students basically carry the foreigners, many of whom have paid to cheat the English language test and shouldn’t even fuckin be there.

It’s fair to say there is a small cohort who make up the bulk of those savings in the second graphic, I don’t have the data but I’m pretty sure it’s a lot more than 2% though. Regardless, they are as a cohort hugely net beneficiaries of government spending in a way that is completely unsustainable - I don’t even mean from a debt perspective, I mean from a social cohesion perspective.

You can be an absolute top performing young person, work your way up to $200k salary, and you’ll get fucked by a combo of huge taxes, student debt, and a housing Ponzi which for all intents and purposes the domestic population is locked out of.

We are therefore at huge risk of braindrain, losing our best and brightest because their output is completely consumed by a cohort who demand more and more money be thrown at them or they’ll crack the shits and vote out the government despite contributing three fifths of fuckall to the economy.

That’s why Boomers becoming climate zealots shits me so much - they’ve already looted the treasury and now faced with their own mortality they project their naive irrational fears on to the rest of us and demand MORE money go towards Government interventions all over the shop even though THEY refuse to pay for any of it with their accumulated wealth.