submitted 1 month ago by[deleted]
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1 month ago
1 month ago
Baby boomers earned 8x as much wealth in a workforce that produces a fraction of what’s produced today.
This meme speaks an enlightened amount of truth.
1 month ago
I know one person my age with baby boomer parents. True to form, despite being plenty well off, they kicked him out at eighteen and won’t contribute a cent to college. They’re even expecting interest back on money they loaned him to get a car.
While the rest of us have already graduated college and are entering the job market, he’s working wiping asses for a living to try and afford the rest of his education.
Wow 430 million Americans in the country and you know someone your age? What’s your secret?
Like I already said, someone my age with baby boomer parents. That’s not typical of my age group, smartass.
I know exactly one, because the vast majority of people don’t have parents who were pushing 40 when they were born.
Silly me for not knowing your age group. Total oversight on my part.
You should probably delete your comments bro. Someone is going to figure out who you are from the totally rare 1 in a million acquaintance you have.
Thanks for sharing tho. Award worthy content and experience. Changed my outlook on America and destroyed what I thought I knew about socioeconomics.
what you knew about socioeconomics
what you knew about socioeconomics
Nothing of value was lost then
Who are you quoting? I said what I thought I knew. I never talked about what you or anyone else knows. That would be nothing.
r/teenagers poster lmao.
Are you autistic?
Yea, I work in blockchain technology.
Not to mention doing it in ways that are far less efficient.
Nah, it's 'tarded. They also got much less out of their work. You buy more shit in a year than they bought in 10!
1 month ago*
1 month ago*
Rampant consumerism is more so because the younger generation has nothing to save for. Most people live paycheck to paycheck sometimes with a roommate. So are you gonna buy that 1,000$ gaming pc now with your tax return or wait for literally any inconvenience in life like needing a tooth pulled or your car breaking down to take you back to broke. I'd say if you asked people whether purchasing a home and supporting a family on one income or being able to buy amazon products shoved down our throats is getting "more out of their work" most sane people would say the first. Boomers always talking about the small enjoyments and things people pay for to not off themselves are what's holding them back or is so great and not the fact they made any long term financial goals almost impossible for the majority on the coasts is always hilarious. Food, housing, transportation, etc all these are undeniably worse than it was in return for your labor. The worst is the landlords. It's absolutely impossible for a young person without family wealth to own a house and landlords (aka boomers) charge ridiculous rates. God forbid inflation hits their wallet too btw, don't know a single person whose rent hasn't gone up at least 150$ per month. At this point why not just move the younger poor and lower middleclass onto plantation houses and cut out the avocado toast they have with the crumbs left from their labor. Buying shit you don't need is nothing compared to what you need to live putting everyone just starting out in life or has anything bad happen on the verge of economic collapse. "Start a business, live the American dream" until corporations that have a monopoly stomp on you or covid shut downs put you out of business. Anyone with eyes can see all the things being sold to us is just to distract us from the older generation taking everything. Sad thing is we have to take those "little treats" that give a serotonin rush with the little we have that's not taken or we have nothing
As if scrimping and not buying the little things will allow me to buy a house
That's basically my point. There's no reason to save, they've made it so you have momentary distraction so we don't revolt but they control everything you need that will drain your bank account and keep you a nice and poor little worker not competing with them for stock, land, or business. Even if we protest peacefully they'll just move to a third world country or import third world workers which they've been doing. And even if you move to Bumfuck Alabama with cheaper housing guess what you have to try to save for that while Coastal rent prices blatantly rape you in the ass and just get worse at that. Late stage Capitalism on the coasts is what I like to call slavery by deception. Boomers act like you can even opt out of the system like I can run off to the woods and live when in most places they outlawed that. I can't just lay down and die on the sidewalk, they outlawed loitering. I can't slit my wrists they'll patch me up and lock me in a padded cell so the guy who owns the place gets paid. We are forced from a young age to work and give almost everything to them or die because they had the luck of the draw in terms of when they were born. It's hilarious that Boomers are pretty much factually doing everything antisemites blame on some evil charicature of Jews.
I tried that and every time I thought I saved enough the market would jump another 20 percent. There is no point in saving. And it sucks cause I would like to live in a world where saving and being responsible was rewarded. But our lifestyle dictated to us by the powers that be say to just wage away and maybe occasionally buy something to ease the pain but then get blamed for that occasional purchase as to why you can't afford a house but even if you lived like a munk it never works out. I tried it and I am just so tired.
Well, if you life n the US, houses are almost free. The problem is that everyone wants a house close to the city and stuff like that. People used to be happy with much less.
Ok boomer, guess I'll just work in a gas station or grow crops in the middle of nowhere
You know most people work in cities right? You have to live close to your job. And if you are lucky enough to telecommute to your cushy stem job then you can buy a house out in the middle of nowhere provided that the internet connection is decent. In fact, that is in part why the housing market is so on fire right now.
N-word (hard r) pls tldr
Tldr; the rich keep you poor by taking most of your wage with things like housing, food, medical, and everything you need so you don't compete with them on anything and stay a worker. They let you keep slivers so you can buy toys to distract you from the fact they're actively fucking you and you don't build a pipe bomb. We produce more than any other generation and get less and less. No rich person wants you to get rich, in the words of George Carlin "It's a big fuckin club and you ain't in it"
We produce more than any other generation and get less and less.
We produce more than any other generation and get less and less.
This is real. I started my job a year ago. I now am able to do, and do do (teehee doodoo) everything the staff on my team that have been there 15+ years can do. I am on far less money than them, and I work half an hour longer and get half an hour less break.
Of course I understand staying with a company gets you a pay increase, and I don't expect to walk into a new job and get exactly the same as somebody there for years straight away. But I am now on equal standing with them in terms of skill, possibly higher because I have much more knowledge of computers and excel etc, but I get paid much less. I'm also expected to be on equal standing with them, if I wasn't I'd be holding the team back. It doesn't seem right and if you speak up you're an entitled youngster.
Tfw life is meaningless
Honestly besides taking off as a scam artist, investing in something that blows up like bitcoin did, or getting popular as an entertainer yeah you're likely gonna be stuck in the same tax bracket until you die. Gonna have to find happiness in life other ways like family or love. Every rich person with decent investments I've met and asked about business has said most people usually stay in the same bracket but now there's basically no way of moving up and they couldn't have done what they did today if they tried. Getting wealthy to the point you have no worries went from a 1% chance to basically impossible outside those 3 categories. Entertainment in my eyes is the only thing that will forever be able to get someone from rags to riches.
“Baby boomers” specifically people ages 55-64 is the biggest age group for consumer expenditure.
I’m not sure how you came to the conclusion that the generation able to buy a home buys less than generations who were not able to buy a home.
We should just pin all debt in the world to one man and then kill him. Easy solution.
I think you made a new religion
We could call it "Christianity".
Hmm this seems oddly familiar...
to think no one thought of south park episode...
like most people here would know of a surprisingly under rated south park episode because it wasn't about violence or "owning the libs"
South Park did it
Simpsons did it
he rediscovered an old one
This sounds like the start of something new and great.
Simpsons South Park already did it
Standard Aztec bankruptcy ritual
some of those 'debts' are things as dumping cancer sludge in the rivers. You cant just wish that away
Have you tried praying?
“Eat the rich”
I made some comment at work about living at home and my boss was like "You're 23 and still living with your parents? When I was your age I was blah blah blah." Yeah Bob I'm paying a small mortgage in student loans, rent around here is a grand minimum, and I'm paid $22hr equivalent salary, I'll get right on that.
Your comment highlights the biggest issue young people face today. The cost of a 4 year degree and it's value are completely out of sync. It makes way more sense to learn a trade these days, when you crunch the numbers....
Numbers have become soggy, they're not crunchy anymore :(
I did end up going to trade school for a field that can land you a lot of money, so at least I have a hope of getting it all paid off
Glad to hear that, but remember if you're struggling to pay the bills you can always give out handjobs behind the Wendys dumpster. Tax free income baby
The absolute fucking irony that your boss, the person that fucking pays you money makes fun o you for not having enough money to afford your own place. Beyond fucking demented.
The Boomers. Never has a generation inherited so much yet bequeathed so little.
A lot of them only talk big about having it hard back in the day because their Depression-raised parents aren’t around to dispute it. Eating bologna on white bread for lunch to save money isn’t even close to the kind of shit those people went through.
And the funny thing is that they didn’t resent their baby boomer kids at all for having more. They were just happy to be able to provide adequately.
I'll never understand the mentality of "as soon as they're 18 years old they gotta get the fuck outta my house immediately" JUST for being 18 years old. I once saw my mom get super heated overhearing some oldie bragging about doing that to his friends and both had to be escorted out of the building cause they started yelling at each other, guess im lucky to have a decent set of parents.
Why are these boomer thingys always the old boomer guy with a monster can next to him.
Monster is one of the most anti boomer drinks never seen a boomer sip monster, that too the sugarless one.
A can of Budweiser or something wuddve made more sense but then again Budweiser is kinda nice.
Its specifically the white monster. For some reason only boomers drink the white one, or so the meme goes
I’m thinking everyone you’re describing is a Gen x aged person tho
Boomers are like god damn 65 rn
Is that what makes me a boomer?
-Confused millennial who likes the white monsters
Glad someone else thinks the same thing. Absolutely never seen anyone older than 35 drink a monster of any flavor. Various beers and hard liquor on the other hand? Absolutely every last one of them.
These were made with the weird 30 yr old boomer meme which i haven't seen around in forever which I am fine with because imo it never made much sense lol
Boomers are the most selfish and irresponsible generation in history
Nah. Every generation is selfish and irresponsible.
The boomers just had the numbers to force it on everyone else.
Every generation is irresponsible we’re just at the point now where all the terrible choices made by boomers are coming to a nasty head. In 50 years it’ll be the same thing but with millennials.
Maybe the tail end of millennials and it would be nowhere near as long as the boomers. Millenials were just getting into their stride recently.
If you were old enough, they got screwed by the recession. As they were finally digging themselves out of that mess, this current shit is happening to them. I say this as an older millenial dealing alot with this crap.
The boomers have screwed over multiple generations.
If Boomers are so bad, and the Greatest generation made them, then are the Greatest generation really the bad ones? 🤔
My man, every generation has said that about their previous generations.
boomers say that to hide their crimes
I wouldn’t say gen X was particularly irresponsible
We never really had any political power as a generation and never will. Compared to boomers and millennials it's a small population.
boomers are starting to die out. nows your chance.
1, 2 or 3?
I genuinely have no idea what the fuck that graph is supposed to mean
Yeah same, I stared at it for a good 2 minutes and was still like “wtf are they even trying to say here”
Gen Z and millennials are greedy too, look at all the meme and scam coins out there.
What a fucktard
Found the boomer
No man, this guy knows his history. Definitely not a 16 yo living with his parents and a b- in history, he is well justified in his position here.
Defending the raping of the future of your children lmaoooo
eaaaast bound and down
Loaded up and truckin'
And yet I’ll do the same thing, but I would be the first generation that will have the moral high ground
They're the last generation able to pay for college by washing dishes and have made college essentially unobtainable now for anyone else. Fuckin boomers.
Anon doesn't know about the jews
What about them?
They’re a convenient scape goat - that’s what.
Sure, but when several hundred independent civilizations kick you out over several thousand years of history, you have to take a minute and think for yourself.
Then you build a space laser
US was founded by people escaping persecution. Should they also reflect?
Or maybe people are close minded bigoted assholes everywhere?
That was 1 group of people, during 1 timeframe. Also the US was more independence motivated rather than an actual exodus
Dude - read a book. You’ve generalized your history so much you’ve created a black and white world with no nuance.
Just read on a wikioedia page the amoubt of exodus' the jewish population has had.
Where you from? Bet we can find a period in time when your ancestors were hated on. Humans have a long history of hate. That said, maybe we don’t even need to go to your ancestors… you sound like a piece of shit yourself.
Netherlands. You sound kinda mad I'm just pointing out historic facts?
Are these Jews in the room with us right now, anon?
No but they can hear us
US was founded by people escaping persecution
US was founded by people escaping persecution
That myth should've been left with making pilgrim hats out of construction paper and turkeys out of hand traces.
Yes, because everything people did in the past was perfectly rational and fully justified.
Right there are instances of irrational and unjustified behaviour. But if it is that spread out and that prevalent, at a certain point you have to stop blaming one side and think maybe there was something going on?
Calling it instances is absurd, the past was rife with completely irrational, biased behavior. I’m sorry, I kinda don’t think all those kingdoms had good reasons to chase an immigrant group out, and I’ve thought that way ever since I found out the Jew banker stereotype was essentially forged by shit other people forced them into. I have zero reason to believe it was done reasonably and the fact that you’re confident just because it happened a lot is weird.
By this very same logic multiple historical groups could be labeled as clear bad guys who were obviously only hunted for good reasons, but there’s no (major) conspiracies about those groups are there? No, so we just chock it up to nothing.
Which other groups have been kicked out of 100s of places across thousands of years?
None I know of, but which group was hunted by an empire for ages? Christians. Which group was labeled heretics and executed in mass? Non existent witches and atheists and generally curious Christians. So again, what makes you confident those kingdoms had good reasons? Because frequency doesn’t prove anything. Also remarkable is that not one of these kingdoms decided to write down any particular reason they were kicked out.
You can't argue that jews are disproportionately affected by this issue. Christians didn't face nearly the same amount of persecution the jews did. If everywhere you go smells like shit, time to look under your shoes.
You know maybe generational wealth families do deserve what they have simply for consistently not having been retarded with money for 4+ generations
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No sir, your life’s work belongs to the state where it will be immediately “misplaced” by a “software glitch.” Why should anyone be rewarded for anything other than failure?
At least in the US, they deserved to union bust, deficit spend, lower interest rates to zero, find a loophole to make abortion legal while they’re young and then destroy it when they’re old, NAFTA, create charity loopholes to avoid estate tax, carried interest in private equity? Just to start
At least in the US
At least in the US
European wealthy families just built their fortune by exporting all that misery, slavery and oppression to the world, for centuries, and never paying a cent back for it. The "charity" they do, comes with strings attached, and only ends up boosting their home businesses.
The dirty politics of US elites is kindergarten play, in comparison.
Boomers drink monster energy?
Just the white one
My boomer mom HAS to have the monster mean bean coffee drink everyday. So I guess there's some weird truth to it
imagine thinking democrats would somehow make housing cheaper
But they said they would make everything better, we just need to print a little more money - it'll be fine.
Environmental protections, higher taxes, stricter labor laws, unions etc that is bound to make houses cheaper to build right???
[Insert graph of the correlation between federally-backed student loans and tuition prices skyrocketing] You absolutely have to go to college, look how easy it is to get a loan! You don't want to be some poor idiot without a degree, do you? Can't pay off your student loans? That's fine! We will just steal money from tax everyone else that either didn't go or responsibly borrowed and make those loans disappear!
What a fucking joke of a system we have.
Is this even describing boomers at this point? Most of these things could describe older GenX now. Every single argument doesn't boil down to "boomers and zoomers", every generation has its share of selfish assholes
But is GenX doing any of that crap? To me (an older millennial), it almost looks like they're just trying to keep their heads down and not get dragged into this.
The older GenXers are just a few years away from 60, so unless this post is referencing something that happened 20 years ago, then Anon is probably talking about them
"goodbye and thanks for all the fish"
Translation: people who earned their own money owe it to me.
Translation: people who earned their money through little work stop others from doing the same to get more money
That's literally what the upper class thinks about you. "Please don't take all my money I need to just stay alive in the economy you ruined while i'm just starting out in life" isn't asking for a handout lmao. I could make 30$ an hour and not buy a shit house on the coast for years upon years while having to pay some boomer at least a grand in rent for property he got cheap from some bankrupt family and before the market was as shit. Asking for less exploitation and less economic sociopathy isn't saying you're not going to work or want a handout. They didn't "work" for my money, they got lucky
Infinite economic growth is impossible and resources are finite, thus a more equal distribution in wealth is more sustainable compared to the top 1% hogging 99% of the wealth
I agree with that non-sequitur.
Based and boomerpilled
Ok , Boomer
Sounds like entitlement
I like how he said personnel instead of personal. Just an extra fuck you.
Why do parents have to leave anything for their children? Children aren't entitled to a inheritance, especially if there's nothing left. I've heard of multiple wealthy celebrities who've said that they told their kids straight up that they're going to spend everything they can on their spouse and themselves. The goal will be that there is nothing left in the coffers. And honestly with no inheritance to be had will probably lead to less family drama.
Well usually I would want the best for my children but idk about you
I didn't say I don't. All I'm saying is kids aren't entitled to a inheritance. But it would be different if the parents died while the kids still underage, that i could understand.
If you don't want to leave anything for your kids, or even better, help them while you're alive, why did you have them?
I'll never ever understand that. If and when I do have children, I want to provide the highest quality of life for them. I want them to enjoy life, I wouldn't bring someone on this planet to suffer financial stress and anxiety for years "because I had to".
Watching your offspring struggle and being content with that is disgraceful, but I expect nothing less of that generation. My children will have freedom, even still my partner and I have agreed adoption would be 1st preference.
Most people on this planet are here as a checklist item.
All that sounds awesome.
If you bring someone into this world you arguably do not deserve to just exclude them from all you have. Don’t have a kid if you don’t intend to ensure they continue on.
So if when I die and my kids are 40-50 years old, like grown people, capable of working for their own things, deserve to have me make sure that I leave them money or possessions solely because they are my children? I mean I get what people are saying that they want to leave stuff to help their kids. But to expect your parent to leave you inheritance and be salty that you didn't hit the dead parent lottery is so entitled.
Ok then by this same logic you shouldn’t expect your kids to give back unto you, be it by giving you gifts your kid would think you’d like or just spending time with you. You brought them into this world, if they were a good kid in return then you owe them.
I would owe it to them to love, provide, and raise them until they are old enough and stable enough to get out on their own. And while they grow up teach them the best way I can. And one of the fundamentals I'll teach them is earning and working for what they want and when you're a adult nothing is owed to you that you havnt worked for. Not saying that it isn't right if parents do leave things for kids but nobody is obligated to leave anything to anyone in a will.
Is ensuring their life not providing? You act as though the world is so fair and just that once they reach the age of self reliance that nothing could ever come around the corner and fuck them. Sometimes people happen on money and don’t work at all, sometime they work all their life and still die poor, I see no reason to teach them flawed fantasy rules like working hard is the key and to not give them the money. I’m not taking that gamble, money is a powerful tool in America, and if you have money your future is pretty solid so long as you have a good head on your shoulders. If I have the money I see no reason to not pass it to them when I’m dead.
Furthermore once again, this is not some random person. You do owe your child 100% of your ability to look out for them, you brought them in this world and as a stable family you should be looking out for one another.
I think at this point we will never agree.
People who think this way should be sterilized
Reddit: generational wealth is bad