Red team, I can’t imagine what you’ve seen or where you’ve been but you’re really missing out. I worked my butt off starting in the mid 1960s until 4 years ago when I retired in good financial standing. Those “attainable” items you mention were not easier to attain “in the f*cking 70s” like you might think. Through those 55 years we had some rough patches but in the long run I can’t say that it became any harder to attain those items for me or those around me. And in the last 20 or so years it included a large number of the day’s young with whom I had the pleasure of working. Oh and today, the house they attain today is easily twice the size we had to start with and the cars they have are much nicer. The middle class including myself is doing and can do very well....if they choose to do so. Oh I did “choose” to become one of those investors but unfortunately didn’t quite make it as one of those wealthy one.
Red Team I’m sure for every doom and gloom story you have I could give you 4 or 5 positives. Come on down to Houston, Austin, San Antonio, or Dallas. Long term things have been good for at least my 60 years down here. Not perfect but good.
Most boomer post ever congrats:
“I made $7 an hour during college in 1958, and paid my college tuition. Kids these days have a $7.25 minimum wage! That extra quarter could buy them 4 coca colas and a comfortable ride on the whites only bus!”
To be fair, colleges were actual places of higher learning then and costs were not inflated to create a glorified country club experience with more administrators then professors and amenities like 5 star resorts.
Its basically a collection of losers complaining about work, their employers, and their pursuit of better wages/benefits while accomplishing as little work as possible.
They can't organize themselves into anything cohesive because no idea that comes out of their echo chamber is woke enough.
One of their moderators went on Fox News and got completely wrecked. Fox didnt even ask any questions but the person revealed themselves as a transexual with a philosophy degree, who is also a dog walker by profession. Also said "laziness is a virtue" during the interview. These are the people of the movement. Not hyperbole at all, this is real.
Wages have been falling behind productivity and cost of living for decades. An ever-increasing % of workers cannot afford things that were once attainable (kids, college, home ownership, vacations). Inflexible expenses (food, housing, transportation) are harder to buy and take up more of their wages.
Is this due to worse technology, smaller markets, lower incomes for companies, higher business taxes? No. It's just wages intentionally flattening to increase corporate profits in all industries.
The anti-work "movement" is the logical result of that trend. People are fed up that jobs don't even give you the life you could have gotten in the f*cking 70s, and the only reason is the naked greed of generationally wealthy investors siphoning the lion's share of income from every industry AND getting tax breaks AND getting bailouts.
Red team, I can’t imagine what you’ve seen or where you’ve been but you’re really missing out. I worked my butt off starting in the mid 1960s until 4 years ago when I retired in good financial standing. Those “attainable” items you mention were not easier to attain “in the f*cking 70s” like you might think. Through those 55 years we had some rough patches but in the long run I can’t say that it became any harder to attain those items for me or those around me. And in the last 20 or so years it included a large number of the day’s young with whom I had the pleasure of working. Oh and today, the house they attain today is easily twice the size we had to start with and the cars they have are much nicer. The middle class including myself is doing and can do very well....if they choose to do so. Oh I did “choose” to become one of those investors but unfortunately didn’t quite make it as one of those wealthy one.
Red Team I’m sure for every doom and gloom story you have I could give you 4 or 5 positives. Come on down to Houston, Austin, San Antonio, or Dallas. Long term things have been good for at least my 60 years down here. Not perfect but good.
There is a lot of information available online about rent, house, car, college, utility, food, and water prices over time in it's relation to inflation as well as it's relation to wages. And vice versa on all of that.
It is statistically harder for current 20-40s to afford anything then you did.
Statistically, accounting for inflation, they are paid less. They were required to get degrees that weren't required in your time. They paid more for college. Houses cost more. Rent costs more. Health insurance costs more AND covers less. Cars cost more. Food costs more. Utilities cost more
The most expensive items in someone's life --a house and college--are 3-4x more expensive when adjusted for inflation.
This is all very obvious to people who are not willfully ignorant. You boomers make up myths about gender studies degrees and avocado toast to feel ok about stagnating wages and skyrocketing cost of living. Quality of life is going down in America. It is getting materially worse to live here. That is the reality we grapple with while you fat boomers ride your Harley Davidsons around the all-white gated suburbs of Dallas Texas.
Wages have been falling behind productivity and cost of living for decades. An ever-increasing % of workers cannot afford things that were once attainable (kids, college, home ownership, vacations). Inflexible expenses (food, housing, transportation) are harder to buy and take up more of their wages.
Is this due to worse technology, smaller markets, lower incomes for companies, higher business taxes? No. It's just wages intentionally flattening to increase corporate profits in all industries.
The anti-work "movement" is the logical result of that trend. People are fed up that jobs don't even give you the life you could have gotten in the f*cking 70s, and the only reason is the naked greed of generationally wealthy investors siphoning the lion's share of income from every industry AND getting tax breaks AND getting bailouts.
100%. people want to work. They also grew up in a house bought by a single income family with at least two kids, and had vacations. now?? Both parents work, paying daycare that wipes out 1 income, renting at a cost higher than a mortgage, while paying off student loans.
Its basically a collection of losers complaining about work, their employers, and their pursuit of better wages/benefits while accomplishing as little work as possible.
They can't organize themselves into anything cohesive because no idea that comes out of their echo chamber is woke enough.
One of their moderators went on Fox News and got completely wrecked. Fox didnt even ask any questions but the person revealed themselves as a transexual with a philosophy degree, who is also a dog walker by profession. Also said "laziness is a virtue" during the interview. These are the people of the movement. Not hyperbole at all, this is real.
The fact that people like that can even exist without starving to death or being massacred by pillagers just goes to show how amazing modern society has become. The problem is them and their bitterness and ingratitude. Now if the government could stop pumping out more money from the Fed and stop giving out so many student loans, maybe she!t wouldn't cost so much.
Red team, I can’t imagine what you’ve seen or where you’ve been but you’re really missing out. I worked my butt off starting in the mid 1960s until 4 years ago when I retired in good financial standing. Those “attainable” items you mention were not easier to attain “in the f*cking 70s” like you might think. Through those 55 years we had some rough patches but in the long run I can’t say that it became any harder to attain those items for me or those around me. And in the last 20 or so years it included a large number of the day’s young with whom I had the pleasure of working. Oh and today, the house they attain today is easily twice the size we had to start with and the cars they have are much nicer. The middle class including myself is doing and can do very well....if they choose to do so. Oh I did “choose” to become one of those investors but unfortunately didn’t quite make it as one of those wealthy one.
Red Team I’m sure for every doom and gloom story you have I could give you 4 or 5 positives. Come on down to Houston, Austin, San Antonio, or Dallas. Long term things have been good for at least my 60 years down here. Not perfect but good.
There is a lot of information available online about rent, house, car, college, utility, food, and water prices over time in it's relation to inflation as well as it's relation to wages. And vice versa on all of that.
It is statistically harder for current 20-40s to afford anything then you did.
Statistically, accounting for inflation, they are paid less. They were required to get degrees that weren't required in your time. They paid more for college. Houses cost more. Rent costs more. Health insurance costs more AND covers less. Cars cost more. Food costs more. Utilities cost more
The most expensive items in someone's life --a house and college--are 3-4x more expensive when adjusted for inflation.
This is all very obvious to people who are not willfully ignorant. You boomers make up myths about gender studies degrees and avocado toast to feel ok about stagnating wages and skyrocketing cost of living. Quality of life is going down in America. It is getting materially worse to live here. That is the reality we grapple with while you fat boomers ride your Harley Davidsons around the all-white gated suburbs of Dallas Texas.
What entitles the current generation to the same/equivalent purchasing power as their predecessors?
Ever stop to think that their services/labor just aren't worth as much?
I think the key word is entitlement. Meer existence on earth doesn't entitle you to anything. You are one of 7B+ people here. You are not unique.
You had me until your last sentence. Stagnating wages have been a problem since around 1970 but as they stagnated gradually it took some time for the affects to be felt. Still, boomers have been affected by the stagnation as well as millenials. College costs have gone off the chart and it's mostly because a) the ratio of administrators, who produce basically nothing but get nice salaries for doing it, to professors has increased something like four or five fold, and b) schools feel the need to "sell" themselves to prospective students by building cushier residence halls, better dining halls, and amenities that weren't available at your typical college in the 60's and 70's. And housing and rental costs in places where people actually want to live are obscene.
What bothers me about posts like your is that all of this stuff you complain about affects loads of boomers. Yes, if you're 60 and have a house in a desirable city that's paid off you can be in great shape. But many of that age still don't have their houses paid off or have little in retirement savings because paying the house off cost so much. Some lost their jobs when the economy changed and had to work for much less money than in their previous job or they live in Rust Belt cities where the bottom fell out of property values as population dropped, or they took out second mortgages to put their kids through college.
American workers as a group have been getting the shaft for half a century but yes, some of them have done very well, as is also true for millenials. I know people well into their seventies who cannot afford to retire and may never be able to even as their health is seriously declining. They, like your example of people riding Harleys and living in gated communities are extremes. I don't blame people like you for being cheesed off at the hands many of you have been dealt but if you think life was a breeze for previous generations you need to broaden your horizons.
Yes wages clearly have not correlated with inflation and increased prices. But the institution wants to keep people poor. That fuels the work amd class system. It's merely subtle oppression. Think about it, around 50% of people are either living check to check or have a minimal amount "saved." The system also thrives off these people running a line of credit on purchases. It's a perpetual cycle of predictable misery for many. If you want out? Choose to not accept "failure." You have to want success badly to achieve it.
There is a lot of information available online about rent, house, car, college, utility, food, and water prices over time in it's relation to inflation as well as it's relation to wages. And vice versa on all of that.
It is statistically harder for current 20-40s to afford anything then you did.
Statistically, accounting for inflation, they are paid less. They were required to get degrees that weren't required in your time. They paid more for college. Houses cost more. Rent costs more. Health insurance costs more AND covers less. Cars cost more. Food costs more. Utilities cost more
The most expensive items in someone's life --a house and college--are 3-4x more expensive when adjusted for inflation.
This is all very obvious to people who are not willfully ignorant. You boomers make up myths about gender studies degrees and avocado toast to feel ok about stagnating wages and skyrocketing cost of living. Quality of life is going down in America. It is getting materially worse to live here. That is the reality we grapple with while you fat boomers ride your Harley Davidsons around the all-white gated suburbs of Dallas Texas.
What entitles the current generation to the same/equivalent purchasing power as their predecessors?
Ever stop to think that their services/labor just aren't worth as much?
I think the key word is entitlement. Meer existence on earth doesn't entitle you to anything. You are one of 7B+ people here. You are not unique.
If you can name one thing that millenials are objectively worse at (ex. They are worse at selling cars so car dealerships can't pay them the equivalent salary they would have paid in 19__) I would love to hear it. Productivity is up in all industries. Each worker makes more relative money for their company.
It is not an issue of entitlement. It is recognizing the math leads to human suffering and decreasing quality of life. XX% of jobs used to cover the cost of living. Every year, that % decreases. The world gets worse for people.
I think that's a bad thing. You think it's fine because no fulltime worker is legally entitled to a dignified existence on par with their predecessors, even in the wealthiest country on earth, even when the wealth per capita increases. So I think you're a puritanical freak and I don't care what your opinion is.
“I made $7 an hour during college in 1958, and paid my college tuition. Kids these days have a $7.25 minimum wage! That extra quarter could buy them 4 coca colas and a comfortable ride on the whites only bus!”
Around 250,000 people earned the federal minimum wage of $7.25-an-hour in 2020, according to data from the Labor Department, which is fewer than 0.5 percent of all workers.
Virtually everyone makes more than the $7.25 federal minimum wage amount. Perhaps their choice for a job they enjoy or a 16 year old kid living at home.
What entitles the current generation to the same/equivalent purchasing power as their predecessors?
Ever stop to think that their services/labor just aren't worth as much?
I think the key word is entitlement. Meer existence on earth doesn't entitle you to anything. You are one of 7B+ people here. You are not unique.
If you can name one thing that millenials are objectively worse at (ex. They are worse at selling cars so car dealerships can't pay them the equivalent salary they would have paid in 19__) I would love to hear it. Productivity is up in all industries. Each worker makes more relative money for their company.
It is not an issue of entitlement. It is recognizing the math leads to human suffering and decreasing quality of life. XX% of jobs used to cover the cost of living. Every year, that % decreases. The world gets worse for people.
I think that's a bad thing. You think it's fine because no fulltime worker is legally entitled to a dignified existence on par with their predecessors, even in the wealthiest country on earth, even when the wealth per capita increases. So I think you're a puritanical freak and I don't care what your opinion is.
I don't think millenials are worse at anything. (If anything, potentially trade type work).
All I am saying is maybe the services of millenials aren't as valued/needed as their predecessors, and the market has adjusted accordingly. Another factor could be the propensity for our Fed to keep rates historically low (Printing money recklessly), creating record inflation. Bad monetary policy paired with bad fiscal policy = losing. If you bought a house from 2008 to present, you are a winner. If you are currently searching for a home, you are the loser of musical chairs. Don't hate the game, hate the player.
I don’t know why you would be. You hear people complain sometimes, “nobody wants to work for me because they make more on unemployment!”
Well, if that’s the case, the problem isn’t that unemployment pays too much. It’s just an intelligent move to take the higher paying “job,” and if your options are work and earn less or sit idle and earn more, only an idiot would choose to work. I work because I can make much more than I could on unemployment. For someone who can’t, I don’t blame them at all for skating by.
If you can name one thing that millenials are objectively worse at (ex. They are worse at selling cars so car dealerships can't pay them the equivalent salary they would have paid in 19__) I would love to hear it. Productivity is up in all industries. Each worker makes more relative money for their company.
It is not an issue of entitlement. It is recognizing the math leads to human suffering and decreasing quality of life. XX% of jobs used to cover the cost of living. Every year, that % decreases. The world gets worse for people.
I think that's a bad thing. You think it's fine because no fulltime worker is legally entitled to a dignified existence on par with their predecessors, even in the wealthiest country on earth, even when the wealth per capita increases. So I think you're a puritanical freak and I don't care what your opinion is.
I don't think millenials are worse at anything. (If anything, potentially trade type work).
All I am saying is maybe the services of millenials aren't as valued/needed as their predecessors, and the market has adjusted accordingly. Another factor could be the propensity for our Fed to keep rates historically low (Printing money recklessly), creating record inflation. Bad monetary policy paired with bad fiscal policy = losing. If you bought a house from 2008 to present, you are a winner. If you are currently searching for a home, you are the loser of musical chairs. Don't hate the game, hate the player.
Source: am millenial.
Buddy, the services make relatively MORE money. They are MORE valuable. That MORE money that gets made goes almost exclusively to corporate execs. That's why they lobby--to keep more of it. Overtime, they keep so much of it that an "antiwork" sentiment forms. "We make more and more money for our companies, why are our wages the same, our costs higher, and our lives getting worse?" Guess what? It's your boss!
“I made $7 an hour during college in 1958, and paid my college tuition. Kids these days have a $7.25 minimum wage! That extra quarter could buy them 4 coca colas and a comfortable ride on the whites only bus!”
Virtually everyone makes more than the $7.25 federal minimum wage amount. Perhaps their choice for a job they enjoy or a 16 year old kid living at home.
Even my teen at home just got offered $17/hr for his first job at a burger joint.
I can't believe what I'm seeing. I don't even recognize a few of my close friends anymore.
Define the "anti-work movement." We have an unemployment rate of 3.6% right now.
As you correctly point out, almost everyone is working, so either (1) OP is a such a bad person that they end up being surrounded by unusually high number of non-workers, despite the fact that almost everyone is employed or (2) the OP gets affraid from fake news reports about fictional or unimportant movements that basically do not exist.
Help us build the best running shoe review site for a chance to win a LetsRun t-shirt.Help us build the best running shoe review site for a chance to win one of 10 LetsRun t-shirts.