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Started By
Message
re: Biden's broke generation
Posted on 4/3/24 at 1:21 pm to SlowFlowPro
Posted on 4/3/24 at 1:21 pm to SlowFlowPro
quote:
Until the millennials. That's what people keep trying to tell you
Oh, I don't miss that. I hear the constant drumbeat.
quote:
As opposed to what? What is your argument based on, if not data?
Your data is trash. I remember the long thread on housing.
quote:
One of the interesting societal responses to major recessions is a decrease in life expectancy, and that has happened twice to millennials which is actually one reason why their outlook is projected to be less than their parents for the first time in history.
Are you seriously arguing that technological/medical advances of the last 50 years have not benefited humans in how we live?
quote:
This data is posted on here every time this discussion comes up and people like you just reject it because it doesn't conform with your preconceived worldview and talking points.
Do you believe Millennials will live longer or short lives than boomers?
quote:
But the Great recession was bad, and our response to it was also bad, and it has created a terrible economic outlook for people around the ages of 25 to 40. Covid was the nail in the coffin.
You're ignorant if you believe the Great Recession was something other generations haven't experienced.
Covid was a bit unique. Not the virus but the response.
quote:
So people in this population cohort experience not only significantly depressed economic outlooks, but higher prices for everyday goods and crucial staples of American life like housing.
One of the best times in the last 50 years to buy a home was when early Millennials were 30 years old.
1
Posted on 4/3/24 at 1:23 pm to chili pup
quote:
We will be damn sure better off if any of them do not get a whiff of you.
Don't pick on SFP because he sharts himself regularly. He has a medical condition.
Posted on 4/3/24 at 1:30 pm to David_DJS
quote:
Your data is trash.
Show me your data to compare.
quote:
Are you seriously arguing that technological/medical advances of the last 50 years have not benefited humans in how we live?
No. You can read the words to see what I said.
quote:
Do you believe Millennials will live longer or short lives than boomers?
Boomers? Probably not.
US Life Expectancy Drops to Lowest in a Generation
quote:
The combination of the COVID-19 pandemic and high levels of opioid overdose deaths drove life expectancy in the United States down for the second consecutive year in 2021, with a child born in that year expected to live 76.4 years, the lowest figure since 1996, according to data from the U.S. Centers for Disease Control and Prevention.
By comparison, Americans born in 2019, the year before the pandemic took hold, could expect to live 78.8 years.
In 2019, the U.S. experienced 715.2 deaths per 100,000 people. In 2021, that rate had climbed by 23%, to 897.7.
Economics is causing the drug epidemic.
quote:
You're ignorant if you believe the Great Recession was something other generations haven't experienced.
No living generation has experienced anything like it. You have to go back to the crash of the early 20th century. Well, the people who are like 120 and still alive did experience it I suppose...however many of them are left.
quote:
One of the best times in the last 50 years to buy a home was when early Millennials were 30 years old.
If they had the income to pay the mortgage and savings to put down the down payment...which was an issue for many due to the effects of the Great Recession that thwarted both.
Posted on 4/3/24 at 1:42 pm to Trevaylin
quote:
Young folks aged 20-25 have the worst job market since the Great Depression. It's said that 75 % of them will never be able to afford a house.
I’m not necessarily saying this statement isn’t true however I do have two children that fall into that age range. Both are employed in their career field of choice and both have purchased houses. One went the trade route and is a plumber while the other went to college and is an OTA
Posted on 4/3/24 at 2:24 pm to SlowFlowPro
quote:
Show me your data to compare.
No. You can read the words to see what I said.
Let's be plainspoken about this.
Do you agree that technological/medical advancements the last fifty years have resulted in everyone living today doing so better/easier than those in their same age cohort fifty years ago?
quote:
No living generation has experienced anything like it.
By what measures?
quote:
If they had the income to pay the mortgage and savings to put down the down payment...which was an issue for many due to the effects of the Great Recession that thwarted both.
People smart with their money have always been the ones best capitalizing on opportunities. That's not a generational thing.
Posted on 4/3/24 at 2:29 pm to David_DJS
quote:
Let's be plainspoken about this.
Why did you lump together everything into the life expectancy issue?
quote:
By what measures?
Data that you are rejecting but apparently have no data to counter it with.
quote:
People smart with their money have always been the ones best capitalizing on opportunities.
Did you forget what the job market was like during the crash?
Again, this doesn't apply to me (thanks to this board), but I had law school friends with better grades/resumes than I did who couldn't get a real job for 2 years. How exactly were they going to be "smart with their money" with no legit job prospects for 2 years post-graduation?
quote:
That's not a generational thing.
Luck is when preparation meets opportunity.
These people were not able to be prepared without a trust fund when the opportunity arose.
Posted on 4/3/24 at 2:40 pm to SlowFlowPro
I broke the code. I have been confused by the references to sfp and kjp thinking they were one and the same person. Well they do write alike
Posted on 4/3/24 at 2:56 pm to SlowFlowPro
quote:
Why did you lump together everything into the life expectancy issue?
That's not my intention. My argument is simple - life gets better and easier with each generation and that dynamic has not skipped Millennials and GenZers.
So again, let's be plainspoken about this - do you agree or disagree with the statement that technological/medical advancements the last fifty years have resulted in everyone living today doing so better/easier than those in their same age cohort fifty years ago?
quote:
Data that you are rejecting but apparently have no data to counter it with.
I can't reject or counter data you haven't mentioned. This is an honest question - what measures make the Great Recession worse than any other economic circumstances since the Depression?
And to be clear, I'm not arguing you're wrong. Something has to be worse. The real debate is about things like disparate impact for the generations, given everyone lived through the same Great Recession.
quote:
Did you forget what the job market was like during the crash?
Again, this doesn't apply to me (thanks to this board), but I had law school friends with better grades/resumes than I did who couldn't get a real job for 2 years. How exactly were they going to be "smart with their money" with no legit job prospects for 2 years post-graduation?
I don't remember arguing that the job market was great during the crash. But the job market not being great isn't something new with Millennials and GenZers.
quote:
Luck is when preparation meets opportunity.
These people were not able to be prepared without a trust fund when the opportunity arose.
Luck is always a good thing, but you're not giving respect to those that don't have trust funds and worked/invested/sacrificed to put themselves in position to take advantage of opportunities. Or maybe it's excuse-making for those that don't do that.
Posted on 4/3/24 at 2:57 pm to SlowFlowPro
Try to hire from this group.
I needed a drafts person. I got a group of females that I was convinced were being sent by the nearest Strip Club. Too many blouses hanging on by one last button. Finally got a girl from FSU that did great on our Disney project.
Later hiring a girl for a Account Specialist position. "I want to start at 9Am and finish at 3:30. "So do I" Finally got a middle aged woman that was the best worker I ever had ......I asked once if she had about six sisters ....
I needed a drafts person. I got a group of females that I was convinced were being sent by the nearest Strip Club. Too many blouses hanging on by one last button. Finally got a girl from FSU that did great on our Disney project.
Later hiring a girl for a Account Specialist position. "I want to start at 9Am and finish at 3:30. "So do I" Finally got a middle aged woman that was the best worker I ever had ......I asked once if she had about six sisters ....
Posted on 4/3/24 at 3:00 pm to SlowFlowPro
quote:
Why did you lump together everything into the life expectancy issue?
Are you contending that is purely or mainly a function of economics?
That seems dubious to me. I suppose it could be one factor, but I would have to think there are a lot of other things at play (changing demographics, changing lifestyles, etc.).
Posted on 4/3/24 at 3:12 pm to Frostynips1
quote:
My son is doing great he’s been at his current job for a year and graduates college this year. Doesn’t seem to be a problem for him and his friends.
Agreed...these are the kids for which I have done their tax returns this year:
-My 30 y/o son, a GA Tech grad (after 2.5 years in a community college) makes $150k plus bonuses working for a very large construction company.
-My 28 y/o daughter, a graduate of a Georgia community college is a 7th grade math teacher making $40k with excellent benefits, including retirement at a young age
-My 27 y/o nephew, a GA Southern grad made $90k this year working for a very large trucking company in logistics
-A 27 y/o friend of my nephew made $100k this year as a Sales Manager for some ATL boutique clothing store.
-A 29 y/o friend of my son and daughters just finished his first full year as a Nurse Anethesis and made $232k.
-My son's 30 y/o friend just signed his papers to start as a surgeon in an ATL hospital with a base-rate of $350k. In four years of paying loans which will be 10 years in a not-for-profit hospital system, he will no longer have any student loans.
For all of those dogging college and this generation, it all depends on the kid's capabilities, work ethics, and decision making as to if college is a success for them.
Posted on 4/3/24 at 4:07 pm to WildTchoupitoulas
quote:
Wouldn't it be wise to wait a few years to save up the down payment
This.
Posted on 4/3/24 at 4:56 pm to SlowFlowPro
quote:When I posted "woe is me" in response to your millennial contentions, "me" was generic.
They also were willing to put in more hard work and not give up at the first sign of adversity.
----
But, my gosh, I'm not sure it should have been.
The typical oddly emotional emoji dismissal notwithstanding, your platitudes about your co-generationals separate from consistent social intergenerational observations ... including zoomers.
Posted on 4/3/24 at 5:28 pm to SlowFlowPro
quote:The prototypical Gen-Y was not "prepared" to buy a house 10 years following the 2008-09 recession (I hate this generalization BS you've drawn the thread to) when interest rates were historically low. Gen-Z was.
Luck is when preparation meets opportunity.
Posted on 4/3/24 at 5:33 pm to BuckyCheese
quote:
Madison area is not cheap.
Sturgeon Bay ain’t either.
Posted on 4/3/24 at 5:44 pm to Trevaylin
My grandson at FSU has his tuition and frat dues paid..he works at an upscale bar..and is paying his father for the mother's BMW..he works late hours..graduating in 3 years.
Posted on 4/3/24 at 5:45 pm to Trevaylin
Work harder. This is 'murica!
Posted on 4/3/24 at 5:56 pm to SalE
quote:Not a great case.
My grandson at FSU has his ... frat dues paid..he works at an upscale bar.. for the mother's BMW..
quote:That is!
..he works late hours..graduating in 3 years
Posted on 4/3/24 at 6:03 pm to Trevaylin
Even stolen elections have consequences.
Posted on 4/3/24 at 6:04 pm to Trevaylin
I graduated from UGA in 2008. That was a pretty rough job market. That's all I got.
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