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Reagan’s own greatest achievement: He arranged a truce between the World War II generation and the Baby Boomers, whose interests had, until his campaign, appeared irreconcilable. The demographers William Strauss and Neil Howe described “an implicit deal in which G.I.s achieved economic independence (and spent the post-Vietnam fiscal ‘peace dividend’ almost entirely on themselves) while Boomers asserted their social independence.”
The Age of Entitlement: America Since the Sixties
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