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re: Great YT video "How the US Is Destroying Young People’s Future"

Posted on 5/6/24 at 7:31 am to
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64675 posts
Posted on 5/6/24 at 7:31 am to
quote:

Social Security is means tested to some extent. There are also more olds than there are kids.


This is a problem no one is really talking about. Social Security is essentially a Ponzi scheme with a major weakness; namely that FDR and the leftists economists who came up with it never envisioned that 3-4 generations after the creation of Social Security, the reproductive rate in the US would sink below replacement levels and that the American family, the bedrock foundation of our society, would be a thing of the past. The rise of:

1. feminism
2. the explosion of birth control
3. the creation of the welfare state
4. legalization of abortion
5. no-fault divorce
6. the sexual revolution

have all worked together to take a society that had a birth rate 23.7 per 1,000 people in the 1920s to 12.02 per 1,000 people today. Also, in the 1920s, the illegitimate birth rate in the US was below 10%, today that number is over 40%. In the 1920s, 4% of households were single parent. Today single parent households are 23% of all households, the highest rate in the world.

So not only are we, as a society having fewer kids, kids who would grow up to be productive, tax-paying members of society, far more of the kids who are being born and raised are from fatherless homes where the chance they never become productive, tax-paying members of society is far higher than if they lived in a home with a father and mother.

The irony of all this is the same leftist Democrats who created Social Security are who also pushed for the six factors I listed above that have hurtled our society to the point it’s dying off and destroying the two-parent household, thus making the Social Security scheme they created untenable.
Posted by Dixie2023
Member since Mar 2023
1516 posts
Posted on 5/6/24 at 7:44 am to
What’s wrong with that? Don’t we all want a premium on our home? The boomer hate. Seems to me to be jealousy and excuse. And I’m not a boomer. They are a far better generation that the young generation we see now and what’s growing up.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
64623 posts
Posted on 5/6/24 at 7:48 am to
quote:

They are a far better generation that the young generation we see now and what’s growing up.


Well the boomers are responsible for raising this young generation so.....
Posted by Bayou
CenLA
Member since Feb 2005
36874 posts
Posted on 5/6/24 at 7:50 am to
quote:


What went wrong is cultural. There are no safe affordable areas for kids to start out. They are all crime ridden slums.

Posted by AUFANATL
Member since Dec 2007
3913 posts
Posted on 5/6/24 at 7:55 am to
quote:

Social Security is essentially a Ponzi scheme with a major weakness; namely that FDR and the leftists economists who came up with it never envisioned that 3-4 generations after the creation of Social Security, the reproductive rate in the US would sink below replacement levels and that the American family


They also didn't anticipate that modern medicine would keep people alive well into their 80s. They didn't even have antibiotics or most simple medical treatments back then. When SS passed the reaction from the public was "oh sure if you're lucky enough to live to 65". Most people worked until the keeled over dead and even if they did make it to collection age it wasn't for very long.
Posted by JiminyCricket
Member since Jun 2017
3597 posts
Posted on 5/6/24 at 8:02 am to
Boomers: "Our government is so corrupt, its sickening. They're stealing from us and every thing they do only makes life harder! It's absurd how much more expensive they've made things!"


Also Boomers: "Suck it up, buttercup! We made it work by our bootstraps. Just work harder!"

Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64675 posts
Posted on 5/6/24 at 8:03 am to
quote:

Lol

Telling people to live in a trailer park to save up for likely a shitty starter home is your response to a hyper inflated housing market


If need be, then yes. Live within your means. It’s what we all did. Here is what starter homes look like…



Or this…



My first house in the early 90s looked like this…



This is not a starter home…

Posted by lsupride87
Member since Dec 2007
95830 posts
Posted on 5/6/24 at 8:03 am to
quote:

Most are screwed. However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s. Compare that to average spec homes today. You’ll see bonus rooms, tile showers, islands, large porches, steep roofs, and on.


Go to southdowns in BR. It’s an entire neighborhood of houses built in the 50s just like you are talking about. 3 bed 1 bath around 1400 sq ft

Oh yeh, for 550k…..
Posted by lsupride87
Member since Dec 2007
95830 posts
Posted on 5/6/24 at 8:06 am to


Dude what you posted is a home built in the 50s/60s that was the quintessential middle class home. Now that should be too much for todays middle class? Why? You realize that home is half a million in most places now. That’s the point

Look at this house here. Perfect example of what you say



This home is now currently for sale for 485k in BR.
This post was edited on 5/6/24 at 8:12 am
Posted by Dixie2023
Member since Mar 2023
1516 posts
Posted on 5/6/24 at 8:07 am to
I know some boomers with productive kids. The gov and other powers that be have caused this. Whether boomers or younger. I’d think not all are boomers. I mean old people went through real world wars and the depression and survived just fine. I don’t know. But they have sure messed this country up. I feel bad for those having to grow up in it. And don’t understand their reasoning for this.
Posted by BK Lounge
Member since Nov 2021
3528 posts
Posted on 5/6/24 at 8:09 am to
quote:

Social Security is means tested to some extent. There are also more olds than there are kids.



This is a problem no one is really talking about.



You havent been paying attention.. There are threads here all the time discussing this exact thing.. not to mention that it’s been in the news for years now .
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261134 posts
Posted on 5/6/24 at 8:09 am to
quote:

The gov and other powers that be have caused this.


And the younger generation is voting for it in greater numbers than Boomers.

Posted by cas4t
Member since Jan 2010
70922 posts
Posted on 5/6/24 at 8:12 am to
My starter home looked a lot like your second pic, except brick. I bought it for 198k in 2016 and sold it for 410k in 2021. I just looked at it on Redfin and it’s now valued at 450k.

I’m in Nashville, so yes, different story. But point remains that housing is simply hyper inflated. I couldn’t believe someone offered us over 400k.


Better advice for a young person is to, yes, save, of course. But then just fricking wait on the bubble to burst and have cash on hand and be ready to jump in.

There is no reason to move to a trailer park. You can save your money and have a decent quality of life renting until it makes sense for you to purchase a decent home.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64675 posts
Posted on 5/6/24 at 8:14 am to
quote:

Dude what you posted is a home built in the 50s/60s that was the quintessential middle class home. Now that should be too much for todays middle class? Why?


Then move to a smaller town, or even a little outside of town, where real estate prices are more affordable.

Look, I know it sucks for young people right now. I have a 22 year old son working his arse off right now trying to get ahead and start his life. I remember being in my early 20s, fresh out of the army and trying to get started. That trailer I showed you above, I had one just like it for several years. That was my first house. I had it on a little piece of rented land about 8 miles outside of town. It wasn’t the greatest place. I didn’t have nice furniture or all the comforts we take for granted today. I didn’t even cable. But I made it work. I saved what I could until I was able to afford a nicer brick home. Then I kept saving until I could afford to move back into town in a nice subdivision where I’ve raised a family. It took me almost 15 years to get here. It wasn’t easy and it wasn’t always fun. It took a lot of sacrifice and going without. But I did it. There is nothing special about me. I had no help. I don’t even have family I could fall back on. I had to do it all myself. If I can do it, anyone can do it if they try hard and stick with it.
Posted by lsupride87
Member since Dec 2007
95830 posts
Posted on 5/6/24 at 8:17 am to
quote:

Then move to a smaller town, or even a little outside of town, where real estate prices are more affordable.
Its amazing how you can’t grasp this simple concept

50 years ago Americans could live just about anywhere and with a solid job could build wealth with real estate

Now you have to move to the middle of nowhere or fallen broken towns to do so. You don’t see that as a problem?
quote:

Look, I know it sucks for young people right now. I have a 22 year old son working his arse off right now trying to get ahead and start his life. I remember being in my early 20s, fresh out of the army and trying to get started. That trailer I showed you above, I had one just like it for several years. That was my first house. I had it on a little piece of rented land about 8 miles outside of town. It wasn’t the greatest place. I didn’t have nice furniture or all the comforts we take for granted today. I didn’t even cable. But I made it work. I saved what I could until I was able to afford a nicer brick home. Then I kept saving until I could afford to move back into town in a nice subdivision where I’ve raised a family. It took me almost 15 years to get here. It wasn’t easy and it wasn’t always fun. It took a lot of sacrifice and going without. But I did it. There is nothing special about me. I had no help. I don’t even have family I could fall back on. I had to do it all myself. If I can do it, anyone can do it if they try hard and stick with it.
No offense but nobody gives a shite what you did. We are talking about society as a whole. And the truth is it’s harder now. No need to be insecure about that
This post was edited on 5/6/24 at 8:19 am
Posted by imjustafatkid
Alabama
Member since Dec 2011
50604 posts
Posted on 5/6/24 at 8:18 am to
Young people vote Democrat. We did it to ourselves. My generation of morons gave us 8 years of Obama and then doubled down with 4 years of Biden.

Now exactly what we conservatives told them would happen, is happening, and they want to blame it on the ones who warned them not to vote Democrat. It can't be their own fault, it must be the old people!
Posted by lsupride87
Member since Dec 2007
95830 posts
Posted on 5/6/24 at 8:20 am to
Young people have voted left for years. Nothing has changed there

And it’s flipped flop from republican to democrat in office just like before
Posted by imjustafatkid
Alabama
Member since Dec 2011
50604 posts
Posted on 5/6/24 at 8:20 am to
quote:

50 years ago Americans could live just about anywhere and with a solid job could build wealth with real estate


No, most Americans could not do this 50 years ago that is a lie.

quote:

No offense but nobody gives a shite what you did. We are talking about society as a whole. And the truth is it’s harder now. No need to be insecure about that


It's not harder now, you just made stupid mistakes.
Posted by imjustafatkid
Alabama
Member since Dec 2011
50604 posts
Posted on 5/6/24 at 8:22 am to
quote:

And it’s flipped flop from republican to democrat in office just like before


Except that "before" voting Democrat didn't mean voting for full-fledged socialism. JFK wouldn't win the Dem nomination today. There is no comparison.

ETA: Nixon won California. Twice. Anyone claiming our voting patterns are the same today is lying.
This post was edited on 5/6/24 at 8:25 am
Posted by Mizz-SEC
Inbred Huntin' In The SEC
Member since Jun 2013
19255 posts
Posted on 5/6/24 at 8:22 am to
If a young man is willing to work the world is his oyster right now.

Construction is like printing Monopoly money right now. Someone with drive could probably make 200K+ owning his own business.

You just have to willing to work with your hands and sweat.
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