The Pig in the Python: How Baby Boomers are Strangling the Economy They Built The Pig in the Python: How Baby Boomers are Strangling the Economy They Built As Baby Boomers age, their impact on the economy becomes increasingly pronounced. From the housing market to job opportunities, their decisions shape the financial landscape for future generations. The Boomer Conundrum One of the critical issues facing the economy today is the reluctance of Baby Boomers to downsize or retire. This generation, born between 1946 and 1964, holds a significant portion of the nation's wealth and real estate. However, their unwillingness to move to smaller homes or retire is creating a bottleneck in the housing market. The Housing Dilemma With Boomers staying put in their large family homes, there is a scarcity of available houses for younger generations looking to buy their first homes. This lack of supply drives up housing prices, making it increasingly difficult for millennials an...