The greatest generation (TGG) stole from the boomers. They did not fund their SS or Medicare benefits which grew rapidly during TGG’s retirement. Look up Claude Peppers. The boomers are set to do the same to the millennials but not to the same degree TGG did to the boomers because the boomers paid at a lot higher tax rate. At some point, however, the bill will become do.
The boomers voted themselves tax cuts. TGG paid Roosevelt era marginal income tax rates above 50%.