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Started By
Message
re: This depressing chart shows the jaw-dropping wealth gap between millennials and boomers
Posted on 12/5/19 at 3:42 pm to Dam Guide
Posted on 12/5/19 at 3:42 pm to Dam Guide
I'm a solid Xer. When I got out of college the economy was in the shitter and people were getting laid off left and right. This is probably the best economy the country has ever had. I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face. And it's always someone else's fault with this generation.
Posted on 12/5/19 at 3:43 pm to cable
quote:
I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face
Great recession of 08 says hello. Or were you living under a rock then?
Posted on 12/5/19 at 3:43 pm to cable
quote:
I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face.
Lmao imagine actually typing this hahaha
Posted on 12/5/19 at 3:44 pm to cable
quote:
I'm a solid Xer. When I got out of college the economy was in the shitter and people were getting laid off left and right. This is probably the best economy the country has ever had. I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face. And it's always someone else's fault with this generation.
It's not that linear. It's far more complex than that. Some light reading on economics and finance will help.
Posted on 12/5/19 at 3:46 pm to cable
quote:
When I got out of college the economy was in the shitter and people were getting laid off left and right.
What year was that?
quote:
This is probably the best economy the country has ever had
And only millennials get to reap the benefits?
Posted on 12/5/19 at 3:50 pm to cable
quote:
I'm a solid Xer. When I got out of college the economy was in the shitter and people were getting laid off left and right. This is probably the best economy the country has ever had. I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face. And it's always someone else's fault with this generation.
Oh goodness
Posted on 12/5/19 at 3:50 pm to cable
quote:
I'm a solid Xer. When I got out of college the economy was in the shitter and people were getting laid off left and right.
please say you graduated in 08 and 09
Posted on 12/5/19 at 4:03 pm to cable
quote:
I'm a solid Xer. When I got out of college the economy was in the shitter and people were getting laid off left and right. This is probably the best economy the country has ever had. I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face. And it's always someone else's fault with this generation.
No, this isn't even close to the best economy this country has ever had. The last time this country had a GDP growth rate above 3% was 2005. Here's the average GDP growth rate each decade since WWII:
1950s: 4.2%
1960s: 5.2%
1970s: 3.7%
1980s: 3.9%
1990s: 4.0%
2000s: 1.9%
2010s: 2.4%
Since Trump took office (2016): 2.7%
The economy is doing growing faster under Trump than it did under Obama, but this is a long, long, long way from being the best economy this country has ever had.
Posted on 12/5/19 at 4:13 pm to cable
quote:
I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face
I laugh at your shitty economy argument. I graduated college in 2008 with a degree from the #1 program in the nation. Half of my class was lucky to find jobs, and most of us who did find jobs were laid off within a couple months.
Posted on 12/5/19 at 4:14 pm to cable
quote:
I'd love to see the Millenials face the kind of recessions that the Xs and Boomers both had to face.
what is 2008?
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