Old people are doing great, while young people are getting squeezed.

Some old people are doing great ... meanwhile:

The elderly are becoming homeless at a rate not seen since the Great Depression

https://news.ycombinator.com/item?id=37641471

Looks like 2020 data? Social security COL increase was 8.7% this year. That’s pretty great compared to engineering salaries in the linked article.

Great? 2020?

* I'm pretty sure that the bulk of those that became homeless are still homeless and that more ederly are still becoming homeless at high rates.

* How many of those do you think are getting the kind of Social Security that is sufficient to meet needs?

* You'd rather a social security pension with an 8.7% increase over a median engineering salary of US $169,000?

This makes no sense. Inflation should hit old people the worst. They aren't exactly getting promotions and parking their next eggs in high risk investments...

And yet you had no qualms about making that completely discretionary purchase. You’re doing fine.