Donald Trump: The Last Baby Boomer

By: Beatrice E. Rangel - 22/01/2025

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With Donald Trump, the power of the generation known as the baby boomers ends. These are the children of the post-war period born between 1946 and 1964. It was the generation that enjoyed the sacrifice of their parents and grandparents who had to face two world wars and a recession so deep that it became known as the Great Depression. The baby boomers, whose number amounts to 72 million people, enjoyed the undeniable economic success of the United States, a country that at the end of the Second World War became the industrial power of the world. The baby boomers were pampered by their parents and grandparents and surrounded by whims.

Baby boomers have distinguished themselves by their competitive nature and their obsession with meeting pre-established goals, whether in the workplace or in the private sector. They are also obsessed with being rich and surrounding themselves with wealth. At work they are defined as workaholics, since they spend as much time as possible in the search for their personal success. They like to show off their position of financial prosperity, since they have been the largest and richest generational cohort in the history of the United States. Bill Gates and Oprah Winfrey belong to this select group. They like to boast about their successes and generally have narcissistic traits in their personality. Some have embraced causes of interest to society, such as environmental protection, but others prefer to think that resources are unlimited and therefore wasteful. In terms of social awareness, they are divided into two groups. One group thinks that personal success is the product of a group that creates the conditions for success and therefore, during life, part of the success must be returned to that group. Bob Dylan is the epitome of this way of thinking. Another thinks that his personal success is a product of his talent and physical gifts and therefore it is neither shared nor transmitted. Donald Trump is the epitome of this way of thinking.

The first president from the boomer generation was Bill Clinton. George W Bush and Barack Obama followed. Joe Biden corresponds to the golden generation that preceded the boomers. Donald Trump is an old boomer, having been born in 1946.

From the perspective of the legacy of the boomers, Bill Clinton followed the policies of George Bush senior and thus enjoyed one of the most important boom periods in history. George W. Bush created a geopolitical imbalance in the Middle East with the invasion of Iraq that ultimately strengthened Iran. In economic matters, under his mandate, the American economy succumbed to the mortgage crisis that destroyed two influential investment banks and threatened to recreate the Great Depression worldwide. Barack Obama restored macroeconomic balances and established a health insurance system for the lower-income strata of the population. Donald Trump had to confront the COVID-19 crisis in his first term. In economic matters, the reduction of taxes for the highest-income strata resulted in a sharp increase in the fiscal deficit. In fact, by 2016 the US fiscal deficit was $587 billion while by 2020 it was $3.1 trillion.

Trump's return to the top of American power means the farewell to the post-war generation and the beginning of the rise of the Millennial generation, to which Vice President James David Vance and his advisers to make the federal government more effective, Elon Musk and Vivek Ramaswany, belong.

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