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Boomers were lucky enough to work at a time when the U.S. job market was healthier. As a result, they saw their real income increase much more than other generations, reports Jim Tankersley of the Washington Post.

He adds boomers are also responsible for racking up federal debt, after taking control of government in the early 2000s.

And this is why they should pay more to help the U.S. economy — either through higher taxes or lower benefits, he argues.

Read more.

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Originally published on Advisor.ca

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