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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 12:29 pm to
Posted by chalmetteowl
Chalmette
Member since Jan 2008
48147 posts
Posted on 4/27/24 at 12:29 pm to
quote:

The gains are heavily concentrated in older Americans who are already homeowners and who invested many years ago when prices were lower.


Now let’s compare the amount of overtime and extra shifts they pulled compared to millennials now
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61489 posts
Posted on 4/27/24 at 12:33 pm to
quote:

Now let’s compare the amount of overtime and extra shifts they pulled compared to millennials now





Anyone who actually believes boomers were much harder workers really doesn't have a clue.

It's a joke to suggest boomer overtime hours accounts for trillions in wealth disparities.

You also ignore global economic conditions that boomers benefited massively from and post-WW2 economic conditions.

There was a "boomer" generation worldwide, which not only created lots of workers, but lots of consumers for boomer business interests.

The boomers in the US had plenty of kids, the boomers in other countries did not. Part of the reason the global economy is going down is the lack of new workers and consumers to sustain the global economy. Luckily for the US the millennials will be able to consume enough to sustain this economy.

"The boomers just worked more hours!" Hilarious.
This post was edited on 4/27/24 at 12:34 pm
Posted by North Dallas Tiger
United States of America
Member since Mar 2024
3320 posts
Posted on 4/27/24 at 12:37 pm to
quote:

Now let’s compare the amount of overtime and extra shifts they pulled compared to millennials now
Ok boomer
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