4) And all that accumulated wealth ended up being lent back in the form of loans (e.g. student loans), mortgages as well as bidding up the price of real estate which your grandma - a 'boomer' profited a small amount from - which is why this is actually all her fault.
1) Reagan fired the air traffic controllers in 1981.
2) This set off a wave of anti-union action - http://www.alternet.org/story/154595/how_ronald_reagan_broke... - causing the great decoupling of wages and productivity: https://upload.wikimedia.org/wikipedia/commons/4/45/Producti...
3) ...which caused staggering levels of wealth inequality: http://www.bankers-anonymous.com/wp-content/uploads/2015/04/...
4) And all that accumulated wealth ended up being lent back in the form of loans (e.g. student loans), mortgages as well as bidding up the price of real estate which your grandma - a 'boomer' profited a small amount from - which is why this is actually all her fault.