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Old 05-31-2017, 04:53 AM
 
26,498 posts, read 15,079,792 times
Reputation: 14644

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Quote:
Originally Posted by KonaldDuth View Post
Would've been nice to grow up in the 50s. Didn't have to spend 90% of your money on education, health care and housing, like people have to today. An average Joe could afford to live in an area with nice views and good public schools. Now the Boomers own all the nice neighborhoods. Many of them own 2 or 3 houses! "Elites couples" in my generation can't afford 1 housee. We nneed to end this gerontocracy and make room for the next generation.
Is it possible that as each generation ages and puts more years of work in, more years of investing and saving in - that it peaks in wealth?

Eventually they get too old - and that wealth gets passed to a younger generation who is saving and investing slowly as their own wealth grows and surpasses the previous generation?
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Old 05-31-2017, 07:09 AM
 
Location: Foot of the Rockies
90,297 posts, read 120,779,853 times
Reputation: 35920
Quote:
Originally Posted by le roi View Post
Google "sponging boomers" and look for an economist article
Your claim, your responsibility to support.
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Old 05-31-2017, 07:16 AM
 
Location: North Texas
24,561 posts, read 40,291,156 times
Reputation: 28564
Quote:
Originally Posted by parfleche View Post
Well I grew up in the 50's.Graduated high school on sunday went to work on Monday and never looked back.Did not have to compete with illegals back then.I still work but have to compete with them today.America has changed for the worse but don't blame us boomers for your sorry life we were taught to work not hire it out to others and pay them crap.Now we need illegals because the younger generations will not do manual labor they hang out at universities on borrowed money.I could retire but enjoy Carpentry and only work on high end trim jobs for rich retired boomers who want the best not a cheap hack job using cardboard instead of wood.America has changed but we haven't. You have.

DH and I are Gen Xers. Both of us are over 40. We spent most of our Memorial Day weekend doing manual labor in the hot Texas sun. We've got the tan lines to prove it.

We will do manual labor ourselves rather than hire it out to illegal immigrants...which are pretty much the only option for a lot of home improvement work around here. Want a tree cut down? Call an illegal. Want a fence built? Illegals. Grass cut? Illegals. Etc.

The difference between the reactions of our Boomer neighbors & Millennial neighbors is funny.

The Boomers: "Now when we did this back in '87, we did x y & z....have you run into this issue? You know you can use <insert name of tool here> instead of <that tool> and it'll be a lot easier..."

The Millennials: "Can you come do ours when you're done? How are you doing that? It looks hard! I don't envy you! Wow! How come you didn't hire someone to do that?"

Bonus content:

The Greatest Generation: "It's nice to see young people who aren't afraid of hard work."
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Old 05-31-2017, 07:30 AM
 
19,637 posts, read 12,231,401 times
Reputation: 26433
Quote:
Originally Posted by BigDGeek View Post
DH and I are Gen Xers. Both of us are over 40. We spent most of our Memorial Day weekend doing manual labor in the hot Texas sun. We've got the tan lines to prove it.

We will do manual labor ourselves rather than hire it out to illegal immigrants...which are pretty much the only option for a lot of home improvement work around here. Want a tree cut down? Call an illegal. Want a fence built? Illegals. Grass cut? Illegals. Etc.

The difference between the reactions of our Boomer neighbors & Millennial neighbors is funny.

The Boomers: "Now when we did this back in '87, we did x y & z....have you run into this issue? You know you can use <insert name of tool here> instead of <that tool> and it'll be a lot easier..."

The Millennials: "Can you come do ours when you're done? How are you doing that? It looks hard! I don't envy you! Wow!"

Bonus content:

The Greatest Generation: "It's nice to see young people who aren't afraid of hard work."
Gen X is the last great generation, at least the older ones. Unfortunately too many of them did not pass the independent DIY ethic on to their kids.

In my hood NO millennials do any manual work, it is ALL older people shoveling, repairing, gardening, etc. I have seen the slackers parents defend them for not helping - just don't know what to say about that. The grandparents don't get it either.
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Old 05-31-2017, 07:41 AM
 
Location: North Texas
24,561 posts, read 40,291,156 times
Reputation: 28564
Quote:
Originally Posted by tamajane View Post
Gen X is the last great generation, at least the older ones. Unfortunately too many of them did not pass the independent DIY ethic on to their kids.

In my hood NO millennials do any manual work, it is ALL older people shoveling, repairing, gardening, etc. I have seen the slackers parents defend them for not helping - just don't know what to say about that. The grandparents don't get it either.
I'm on the tail end of Gen X if you consider us having been born from 1965-1980, since I was born in the mid-70s.

My parents are both children of European Jewish immigrants and unlike a lot of upper middle class Jewish families who've been in the US longer, my parents didn't shy away from manual labor. (I know this feeds straight into every stereotype of milquetoast American Jewish men being too flimsy to run a lawn mower and JAPs refusing to perform any kind of manual labor, but in my experience there's a buttload of truth in that stereotype. The goyim usually did their own yardwork...the Chosen People mostly did not.)

When I was a kid my dad cut the grass, my mom gardened, and we were expected to help. Not requested. Expected. Demanded. We had chores both indoors and outdoors. My dad got good at yardwork but was never very handy. It wasn't for a lack of effort either; he did try, bless him. His willingness to try pretty much anything at least once was passed on to me.

My neighborhood is the same as yours...precious few of the Millennials do their own yardwork or landscaping. If we had a child over the age of 4, that child would be expected to pitch in according to his/her ability. There's not a lot a 5 year old can do to help and they'll slow you down, but it's important to pass on a good work ethic.

There is no shame in manual labor. None. It is butt-puckeringly irritating to me when other middle class people look down on people who labor for a living. Whether laborers are illegal or not, you're not better than them because you sit on your butt all day in an air-conditioned office. You didn't hit a triple...you were born on third base.
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Old 05-31-2017, 07:44 AM
 
Location: Foot of the Rockies
90,297 posts, read 120,779,853 times
Reputation: 35920
Quote:
Originally Posted by tamajane View Post
Gen X is the last great generation, at least the older ones. Unfortunately too many of them did not pass the independent DIY ethic on to their kids.

In my hood NO millennials do any manual work, it is ALL older people shoveling, repairing, gardening, etc. I have seen the slackers parents defend them for not helping - just don't know what to say about that. The grandparents don't get it either.
My Millennial kids do all their own yardwork. We don't have a lot of Millennials in my neighborhood. Lots of aging Boomers, some of whom do farm out the work and some who don't, some Gen Xers.
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Old 05-31-2017, 07:49 AM
 
25,848 posts, read 16,532,741 times
Reputation: 16026
Quote:
Originally Posted by KonaldDuth View Post
Would've been nice to grow up in the 50s. Didn't have to spend 90% of your money on education, health care and housing, like people have to today. An average Joe could afford to live in an area with nice views and good public schools. Now the Boomers own all the nice neighborhoods. Many of them own 2 or 3 houses! "Elites couples" in my generation can't afford 1 housee. We nneed to end this gerontocracy and make room for the next generation.
That's racist. Anyone who says it would be nice to grow up in the 50's is racist. Maybe you would have been a great babyboomer. 3 years in Vietnam would have done wonders for your personality.

You'll have your liberal card revoked for this.
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Old 05-31-2017, 07:56 AM
 
Location: New Yawk
9,196 posts, read 7,234,127 times
Reputation: 15315
Quote:
Originally Posted by southbel View Post
Education, health care, and housing. Hmm, what substantively changed from the 1970s to now in those three sectors of the economy?

I do somewhat feel bad for Millenials even if they're a bit naive like us Gen-Xers were when we were young. They are being told lies like get a college degree, any degree, and all will be well or feeling pride for yourself is bad or any number of things. They will, like generations before, realize what it will take to succeed in this country and act accordingly.
I'm late Gen X, and for myself and my peers who didn't have much parental help, we too had go through angst and face the realization that we too would have to work for it if we want to get where our Boomer parents are. Yes, it took longer (student loans, the .com bust, and housing boom/bust knocked a lot of us on our butts), but we managed to finally get there, too. And so will the Millenials. Every generation pays its dues one way or another.
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Old 05-31-2017, 08:22 AM
 
5,472 posts, read 3,226,183 times
Reputation: 3935
If people want to make a difference.... then {we have to give attentions to truly understanding the core elements of proposed "LEGISLATION"}
We must "GUARD AGAINST" Political Policies that pander to the wealthy over and above the working poor, if not, politicians will continue to devastate the systems, states, cities and community and the individual who live within them. (All AMERICAN People, must harden their political representative against selling out the voice of the people to any "lobbyist with a hand full of money and campaign contribution checks) While your voice is sold away and given to lobbyist, by politicians, who use you to get themselves in office, so they can promote lobbyist.

They have abused the fact your voice put them in office, and they sold your voice to the lobbyist...and the lobbyist silenced them.

Go back and look at The Reagan Era... you will find many things distasteful...
EDUCATION
DE-REGULATION
DE-Funding Mental Health
Anti_ Clean Energy
Banking Collusion and High Interest Rates
More Power Give to the Military Industrial Complex
DRUGS SATURATION all across America - Cocaine and Crack Epidemic

Before the 1980's Housing Prices DID NOT "Spike Up" Astronomically !!!!
Community Colleges and Tech/Vocational Programs Were Plentiful
Unions Still had strength and some means to help stabilize Industry.

Reagan Raised Taxes 11 during his Administration.
Reagan's Era Tore American To Shreds

By the 1980's and 1990's things had gone crazy, between "Drug Money Flying into every crevice of the Nation, causing housing prices to go ballistic, education cost became outrageous, the Financial Community became a Nation Wide Casino Gaming Area and Lax regulations, saw mergers and acquisition driven by "spin the debt games mixed with junk bonds" devastated companies by the "thousands", then .... cap that off with "Outsourcing" as in chasing slave wage labor around the globe. We saw 10's of Thousand of Companies fold over, Mom and Pop and Family Businesses became nothing more than a memory... Over expansion of Big Box Stores followed by "over stocking" all to run up the stock speculation, saw historical business fail at an alarming rate, by the time it consumed Montgomery Wards, the Big Box Legacy Stores were in a downward spiral... We saw "shopping malls go from being community and regional facilities" to single companies, becoming the owners of massive numbers of shopping malls across the nations, rents hiked, and businesses ran away... Then the internet came along with ramp'ed up TV Shopping networks, and all that speculation build, Crashed like a Hot Air Balloon being hit with a cheap bottle rocket.

By the 1980's American Cars were so bad no one wanted them, and in come the massive build up that saturated America with the Foreign Cars, in the 1970's Honda had a little "boxy toy looking car", by the late 1980's into the 1990's Honda had kicked American's butt in the Auto Industry, by them the once massive Detroit Auto Machine, was becoming nothing more than a un-cared for and ignored arena. By 1990's we'd shuttled Auto Manufacturing to every Foreign Country we could get access to ship it to, and Imports dominated until America Cars were the last choice for many of the newer generations considerations.

Black people basically kept Cadillac Alive, Mexican People Kept Chevy Alive, and Rural White People Kept Ford Alive. Dodge filled some niche areas, and only in the early 2009-2010 did American Cars come back. It took Cash for Clunkers to kick start the repurchasing of American Cars and the Administration standing behind the Automotive Industry to get American Cars back on the Highways and in a respectable frame of customers considerations.

Last edited by Chance and Change; 05-31-2017 at 08:43 AM.. Reason: T
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Old 05-31-2017, 08:35 AM
 
Location: Just over the horizon
18,461 posts, read 7,092,496 times
Reputation: 11707
Quote:
Originally Posted by petch751 View Post
Wealth is acquired, not seized.... I don't think the younger generation understands this. Many believe in redistribution. Wait until it's their money being redistributed.
Exactly.

I used to buy into the whole "eat the rich" idealism when I was younger.

But as soon as I started making a little money... I figured out that you don't have to be anywhere even close to "rich" to be the main course on the Progessive's redistribution menu.
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