OK boomer, you may have money, but you’re not spending it.
Younger consumers, even though they have less saved than older Americans, are the ones opening their wallets as the U.S. economy recovers.
Millennials and members of Generation Z are spending even more than they did before the pandemic as vaccines proliferate around the world, American Express Co. Chief Executive Officer Steve Squeri said during a virtual investor conference.
"We assumed there was such pent-up demand － not only for travel, but such a pent-up demand for consumer goods － that the U.S. recovery would be like it is right now," Squeri said.
"They’re at "125% spending of what their pre-Covid levels were in 2019." (Bloomberg)
boomer：俚語，二次世界大戰後嬰兒潮世代。OK boomer，年輕人反諷前一代人的網路迷因。例句：The pandemic has forced baby boomers to rethink their retirement plans.（這場疫情已迫使嬰兒潮世代三思退休計畫。）
proliferate：動詞，大量激增，普及。例句：Mobile games have proliferated in the last five years.（過去5年手機遊戲大量湧現。）
pent-up：形容詞，被壓抑的。例句：You need to release your pent-up emotions.（你需要宣洩壓抑的情緒。）