The "your parents" are only harmed if the public benefit from taxes don't offset the benefit that is received directly in the funding of the 401k or other relevant investment accounts.
In America anyway, the wealthiest 1% own 53% of the stock market. I highly doubt that the "your parents" would benefit more from funding of their investment accounts than they would benefit from the tax revenue generated. Of course my assumption is highly dependent on public policy.
> After hovering around record lows for much of the pandemic, consumer delinquencies are rising across the industry.
> It lost slightly more than $1 billion in 2021 and $783 million in 2020, after accounting for operating expenses and money set aside to cover possible losses on loans
That seems like an enormous amount of money to support buy now and pay later
Before I got hit with long covid, I was in the best shape of my life, and was doing all of those things on that list. I was running 1.5 miles and exercising several days a week.
It absolutely didn't prevent me from experiencing long covid.