Discontent Towards Boomers

CornbreadFed

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Let me just say this regarding all the bitterness towards boomers: Sure, at the moment we hold most of the money (you guys will too when you get to be our age). But as we die off, the next generation will be inheriting it. So be patient, and keep hoping we're dead I guess. The other thing is it's the Gen Zers who seem to be the angriest. Seems like they could be just as angry at the Gen Xers or Millenials.
I am not sure for Gen X, but for later millennials like myself, we will be nowhere near y'all's wealth level at your age unless a miracle happens. If you could tell me during a time of Boomers in the workfroce that making six figures could still have you living paycheck to paycheck then please inform me.
 

CAPSLOCK BANDIT

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In 1963 the average college tuition was $4400. In 2020 it was $19,000. That is an increase of 4.3 times.

In 1963 the average house was $18,000. In 2020 it was $391,000. That is an increase of 21.7 times.

In 1963 the median family income was $6200. In 2020 it was $78,500. That is an increase of 12.7 times.

Damn boomers should have raised the price of college tuition more than they did to keep up with everything else. ;-)
You make a very disingenuous point with your stats here though and you probably dont even know why, so I won't say you are doing it purposefully, but in 1963 I would almost guarantee you that a very large portion of that family income was made by a single person, that being the man alone.

In 2020, do you know the amount of families that can create the median income off a single stream of income? Significantly less than it would of been in 1963. Average man today makes an income of just over 30k I believe.
 

SW15

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zekko

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I am not sure for Gen X, but for later millennials like myself, we will be nowhere near y'all's wealth level at your age unless a miracle happens. If you could tell me during a time of Boomers in the workfroce that making six figures could still have you living paycheck to paycheck then please inform me.
Your generation is making more than mine did. What's robbing you is inflation. I would argue that larger government is a big factor in driving inflation, but the younger generations are more in favor of large government than we are.
 

EyeBRollin

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Your generation is making more than mine did. What's robbing you is inflation. I would argue that larger government is a big factor in driving inflation, but the younger generations are more in favor of large government than we are.
Bigger population needs a bigger government. The demands of infrastructure grow exponentially, not in a linear fashion.
 

BillyPilgrim

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Bigger population needs a bigger government. The demands of infrastructure grow exponentially, not in a linear fashion.
Lolz because those demands are coming from the gov't itself in the form of budgetary hunger. We're all going to die if we don't use the entire budget every year!
 

Stanley

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Your generation is making more than mine did. What's robbing you is inflation. I would argue that larger government is a big factor in driving inflation, but the younger generations are more in favor of large government than we are.
I'd argue that many young folks see larger government as the cure with modern 'leftism' being sold as the prescription. Quoting Sir Roger Scruton losely, a larger government appears to provide answers to the questions and issues found in younger demographics. To a younger person the allure for larger government is certainly there.
 

zekko

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I'd argue that many young folks see larger government as the cure with modern 'leftism' being sold as the prescription. Quoting Sir Roger Scruton losely, a larger government appears to provide answers to the questions and issues found in younger demographics. To a younger person the allure for larger government is certainly there.
Yeah, I'm sure young Stalinists thought the same thing.
 

CornbreadFed

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It’s not just inflation, our jobs aren’t as stable and take more time and money to get in to. Yes, we can make 100k, but that took student loan debt, 5 plus years of schooling, and etc. Politics aside, the boomers benefited from more government than my generation. The only thing I ever remember receiving from the government was the Covid stimulus check.
 

Peace and Quiet

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CornbreadFed

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Which is why it is good to know how to get laid while unemployed!

It is not as great as it seems. I was unemployed and severely underemployed (which is worse btw) in my late twenties and it was always stressful. I had to always tell white lies about my current employment status. I had to fake confidence to a huge degree because being unemployed sucks for a guy. The worst was the financial strain and having to stress over the cost of dates. One time my card got declined during a second date and I had to make up some excuse off the top of my head, and she paid for the meal. I still got laid btw lol. When you are poor, you learn how to become a story teller lol. Last, you aren't going to land decent women either. High quality women do not like broke or bum@$$ men period!!!
 

Stuffnu

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This is all BS!

When governments print money causing hyper inflation, corporate greed over modest profits, biased media instead of non-partisan news, and educators who are more focused on gender pronouns and non-binary bathrooms, then blame it on whoever because this is their game plan.
Have us steerage pointing our fingers at each other and not holding these yahoos accountable.

Perhaps that’s why the older generations did better because they weren’t so damn divisive.
 
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zekko

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Politics aside, the boomers benefited from more government than my generation.
There's more government now than there was when I was growing up.

I was unemployed and severely underemployed (which is worse btw) in my late twenties and it was always stressful.
Unstable employment is often a part of your twenties and establishing yourself, especially if there is a recession. I had to go through the same thing myself, but more in my early to mid twenties. I don't know how many times I got laid off, or the place I was working went out of business. It's just part of the process. It's hard on men because men take a lot of their self esteem from their occupation, so it's important to get that part of your life squared away. But it can take some time. The main thing is don't give up, and try to find a field you can excel in, and that there will always be a need for.
 

SW15

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I was unemployed and severely underemployed (which is worse btw) in my late twenties and it was always stressful.
I experienced both these things in the late 2000s/early 2010s.

I had to always tell white lies about my current employment status. I had to fake confidence to a huge degree because being unemployed sucks for a guy. The worst was the financial strain and having to stress over the cost of dates.
I can identify with this because it all happened to me. There were times where I was paying for dates with women with a higher salary than I had. I did not like that.

One time my card got declined during a second date and I had to make up some excuse off the top of my head, and she paid for the meal. I still got laid btw lol. When you are poor, you learn how to become a story teller lol.
That is some solid game.

Last, you aren't going to land decent women either. High quality women do not like broke or bum@$$ men period!!!
There are some women who will go for broke, tattooed dirtbags.

If you look respectable and you're unemployed, that's not good.

Bougie White women tend not to like unemployed men long term, but with enough game it's possible to get one for a night. Roosh did bang a woman who drove a BMW in that article I linked.
 

Stanley

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Unstable employment is often a part of your twenties and establishing yourself, especially if there is a recession. I had to go through the same thing myself, but more in my early to mid twenties. I don't know how many times I got laid off, or the place I was working went out of business. It's just part of the process. It's hard on men because men take a lot of their self esteem from their occupation, so it's important to get that part of your life squared away. But it can take some time. The main thing is don't give up, and try to find a field you can excel in, and that there will always be a need for.
Since graduating College after 6 years and entering the workforce full time during the pandemic I experienced this.

My friends were fortunate to be given high paying jobs straight out of school and received funding from their parents. My boomer parents put a roof over my head and allowed me to work and finish school. that alone is enough. Since, i've been let go from jobs, worked with companies that have failed and have done some of the most grunty laborious work and made little money. I kept my head down, put my blinders on and allowed the envy and bitterness to subside. I'd rather transmute that into my own endeavors.

Now, after trials and tribulation my side gigs allowed me to leave my low paying job and I was able to work for myself fully independently, I am my own boss. Am I stable? No, but I thrive in that environment and actively sough out this path. I think regardless of generation, most men will encounter a period where they are tossed into the crucible and have to come out forged stronger. It is part of life and puts hair on your chest. I think we often see many today not coming out of that forge for the better, people seem defeated and lacking in morale. I think the lockdowns contributed to that greatly as well.
 

zekko

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My friends were fortunate to be given high paying jobs straight out of school and received funding from their parents. My boomer parents put a roof over my head and allowed me to work and finish school. that alone is enough.
I went through a long stretch where it seemed like all my friends made more money than I did. But I kept at it, and ended up earning more than nearly all of them. I like that you appreciate your parents' contribution to your life, that is appropriate and honorable. My parents were dirt poor, but they did right by me, and I would never be able to repay them for what they provided me.
 

sangheilios

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It’s not just inflation, our jobs aren’t as stable and take more time and money to get in to. Yes, we can make 100k, but that took student loan debt, 5 plus years of schooling, and etc. Politics aside, the boomers benefited from more government than my generation. The only thing I ever remember receiving from the government was the Covid stimulus check.
That's the thing, a lot of people are spending a ton of money just getting a degree in the first place. Unless you are in some high paying STEM field, most people aren't making all that much right out of college. The biggest issue, at least from my perspective, is that many of the decent paying jobs are going to be in metros that can be quite expensive to live in. It's not unusual to be paying $1500+ for some mediocre apartment at best in a metro where you are making an average income. Most people are not making all that much money in their careers, let alone when they are just getting out of college.

I actually saw this interesting article here that rhymed with a lot of what I've felt recently.

Many Gen Zers have a full-time job and a side hustle, partly because they’re wary of getting burned by their employers: ‘They’ve seen it happen to their parents, to millennials’ (yahoo.com)

It's not impossible, it's just that you really need to be on point with your decisions in life in order to build wealth and do well for yourself. It honestly doesn't take all that much to set yourself back severely if you make some poor choices. My best advice to young(er) people that are single with no kids is to take chances and make some bold moves while they aren't shackled with more serious obligations, such as family, etc. If you take some risks when you are in your 20s or early 30s it's not really that big of a deal, as you have plenty of time to try out something else. However, this becomes an issue when you start getting older and is no longer a luxury.
 

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LTG71

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Millennials have a more tolerant view of socialism because boomer’s version of capitalism has failed millennials. Pro-capitalists need to make capitalism work for the masses rather than the few.
Socialism sounds like utopia to the young. Talk to someone who has lived it. I have a Cuban friend that can tell you horror stories of socialism. He says it is the number one reason Cubans have been trying to flee the country for decades. His father still lives there and it takes months not days to see a doctor. It’s “free” but you might die by the time you get an appointment.

These dinosaurs in the House and Senate are greedy and don’t want to give up their riches. Nor do they want new comers coming in and messing up their game. They don’t care about the state of the union, they care about their deals and perks. You wanna get rich, just copy the investments of Nancy Pelosi. Mitch McConnel is worth 34 Million yet still feels the need to stay? He needs to be put in a home. When you want to see who is screwing us, this Is the place you need to look. Your Boomer grandma that has no clue what Uber is or where her photos are on her computer does not have that much power. The average citizen has very little influence over the outcome compared to our beloved government. I didn’t care that much about politics when I was younger but now that I’m getting older and getting screwed right along with the younger generation, I don’t trust either side.
 

EyeBRollin

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I went through a long stretch where it seemed like all my friends made more money than I did. But I kept at it, and ended up earning more than nearly all of them. I like that you appreciate your parents' contribution to your life, that is appropriate and honorable. My parents were dirt poor, but they did right by me, and I would never be able to repay them for what they provided me.
Personal anecdotes do not address the topic at hand. Boomers had more opportunity to have a decent financial life then millennials and gen Z. This is just a fact. Any one of our individual experiences is irrelevant.
 
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