- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The unluckiest generation in U.S. history
Posted on 5/27/20 at 3:07 pm to Bench McElroy
Posted on 5/27/20 at 3:07 pm to Bench McElroy
Gilded Generation
The Gilded Generation (Nomad, born 1822–1842) lived a hardscrabble childhood around parents distracted by spiritual upheavals. They came of age amid rising national tempers, torrential immigration, commercialism, Know Nothing politics, and declining college enrollments. As young adults, many pursued fortunes in frontier boom towns or as fledgling “robber barons.” Their Lincoln Shouters and Johnny Rebs rode eagerly into a Civil War that left them decimated, Confederates especially. Having learned to detest moral zealotry, their midlife Presidents and industrialists put their stock in Darwinian economics, Boss Tweed politics, Victorian prudery, and Carnegie’s “Law of Competition.” As elders, they landed on the “industrial scrap heap” of an urbanizing economy that was harsh to most old people.
LINK
The Gilded Generation (Nomad, born 1822–1842) lived a hardscrabble childhood around parents distracted by spiritual upheavals. They came of age amid rising national tempers, torrential immigration, commercialism, Know Nothing politics, and declining college enrollments. As young adults, many pursued fortunes in frontier boom towns or as fledgling “robber barons.” Their Lincoln Shouters and Johnny Rebs rode eagerly into a Civil War that left them decimated, Confederates especially. Having learned to detest moral zealotry, their midlife Presidents and industrialists put their stock in Darwinian economics, Boss Tweed politics, Victorian prudery, and Carnegie’s “Law of Competition.” As elders, they landed on the “industrial scrap heap” of an urbanizing economy that was harsh to most old people.
LINK
1
Posted on 5/27/20 at 3:14 pm to OleWar
Has Mingo posted in this thread yet?
Posted on 5/27/20 at 3:21 pm to Bench McElroy
Luck has nothing to do with it. They are lazy shits who think they deserve $100K/year as a receptionist
Posted on 5/27/20 at 3:31 pm to Bench McElroy
quote:
Millennials will bear these economic scars the rest of their lives, in the form of lower earnings, lower wealth and delayed milestones, such as homeownership.
That statement strikes me as untrue. Many boomers were roughly the same age as millenials are now in 1987 when the stock market plunged far more as a percentage than it did this year. Housing prices plunged too with some areas seeing 50%+ wiped off the value. Combined with mortgage rates rising to 14%+ (and don’t forget mortgages used to adjustable) there were an enormous number of foreclosures. Another aspect was that pension plans disappeared for the private sector after this and were replaced with 401K’s. There was no restarting with a lower number, folks lost what they’d contributed into already.
Boomers in general recovered fine in the next 30 years after that crash and so will millenials after this one if they stop constantly feeling sorry for themselves, And also if they decide to ever get careers instead of jobs as shown by this:
quote:
Millennial employment plunged by 16 percent in March and April this year, our calculations show. That’s faster than either Gen X (12 percent) or the baby boomers (13 percent).
Of course those statistics probably also don’t take into account that there are likely far more self-employed / business owner boomers and Gen X than there are millenials.
The generation imho that will get shafted the worst are Gen X who in all likelihood will see another recession in their lifetime right after most of them retire and don’t have a generation behind them that is productive enough to support them.
Posted on 5/27/20 at 3:43 pm to Bench McElroy
I dont know....my wife's KS grandparents talked having to wipe down dishes before putting food on them because of the dust. Having clothes made from flour sacks. Then...joining the Navy and being on board ship docked at Pearl Harbor on 12/7/1941..then having 4 kids all making do in a 2/1 940sq ft house while working night shift at boeing
I would take being anything today over that. Millenials can afford homes....they just might be "beneath" them to star. The house I grew up in is 47k today....40 yrs after we moved out
I would take being anything today over that. Millenials can afford homes....they just might be "beneath" them to star. The house I grew up in is 47k today....40 yrs after we moved out
This post was edited on 5/27/20 at 3:44 pm
Posted on 5/27/20 at 3:45 pm to Bench McElroy
.
This post was edited on 4/16/21 at 10:38 am
Posted on 5/27/20 at 3:46 pm to Bench McElroy
Millennial here. Sitting pretty.
But I do see lots of folks my age still struggling to get to where they should already be 5-10 years ago when compared to the previous generation.
But I do see lots of folks my age still struggling to get to where they should already be 5-10 years ago when compared to the previous generation.
Posted on 5/27/20 at 3:48 pm to PrivatePublic
quote:
Peak of technology and medicine. All time low in crime.
My heart bleeds.
Pretty sure most generations could make that claim. I’m sure in 100 years they will look back and laugh at today’s technology and medicine.
Posted on 5/27/20 at 3:56 pm to Breesus
This Boomer has insured his 2 children will receive wealth and land with homes upon my death. So, Boom that 
Posted on 5/27/20 at 4:31 pm to Bench McElroy
Also the laziest generation, with the least amount of common sense and/or analytical skills.
Posted on 5/27/20 at 4:53 pm to JohnWicksDawg
There's a lot of generalizations on this site about boomers and millennials. I think when a lot of people think about millennials they picture a 25 yr old waitress waving a sign at a Bernie rally.
There is certainly some of that but there are also plenty of 36yr olds that are married with kids that are counted in that generation too.
There is certainly some of that but there are also plenty of 36yr olds that are married with kids that are counted in that generation too.
This post was edited on 5/27/20 at 5:21 pm
Posted on 5/27/20 at 5:21 pm to Bench McElroy
I'm not reading all this shite! Don't know if it's been said either. "Hard times make strong men, strong men make good times, good times make weak men, weak men make hard times." 
Posted on 5/27/20 at 5:31 pm to PrimetimeDaBoss
quote:
Boomers fault
Nixon's fault cutting a deal with Chinese. The beginning of Globalization and the exodus of manufacturing jobs. Most millennials would have done better and not gotten a useless college degree, and gone to a technical trade school. Blue collar skilled trades are hurting for workers. Nobody wants to work, they all think that they are too smart, and want to manage. What McDonalds with a liberal arts degree?
Posted on 5/27/20 at 6:13 pm to Damone
quote:
Actually that's because the growing companies don't give a single shite about American workers, they care about the bottom line and profit. Name one single company who moves overseas due to not being able to source American labor.
Well, you can always source American labor if you pay enough, but at some point it’s so expensive that you source it elsewhere.
As I said, I have a nephew and a niece who are about 30 and WILL NOT WORK. It’s amazing. They are on permanent vacattion.
Posted on 5/27/20 at 6:16 pm to Big Scrub TX
quote:
Someone born in 1915 didn't "suffer" WW
Might have lost their dad.
Posted on 5/27/20 at 6:29 pm to Indfanfromcol
quote:
Wait, you think millennials don’t want cars, homes, or children? I’m sure others are maybe like me, and want to be able to afford those things instead of living larger than our paychecks can afford.
Cars- No, I don't think you want them. I mean, you might buy some Korean box-looking thing to supplement Uber if you have the money, but basically no one under 40 is busting his arse because he's always wanted a Cadillac or a Trans-Am or whatever. Not judging here (there's some wisdom to eschewing this crap), just pointing out that we reap what we sow. You want a simpler, less cluttered lifestyle? Don't be surprised if everyone else feels the same and it hits you in the wallet.
Homes- Pretty much like cars. You might pay lip service to wanting one, but you're not settling for some D.R. Horton thing out in the sticks like prior generations did. It's not "authentic" enough, or urban enough. So you rent and complain that you can't afford something in an area you'd actually consider worthy.
Kids- Again, this is a "lip service" thing. "Waiting 'til we can afford them." For 99.9% of us, that point will never arrive. But prior generations stepped out on faith. It's amazing how motivated seeing that baby's face can make you versus thinking about a hypothetical kid some day. And FWIW, I didn't have a full-time job when I found out my first kid was on the way. Never wore a "jimmy hat" and never gave a flip what Reddit, Slate.com, or my lesbian health instructors thought about that.
This post was edited on 5/27/20 at 6:31 pm
Posted on 5/27/20 at 6:32 pm to USMEagles
quote:
Kids- Again, this is a "lip service" thing. "Waiting 'til we can afford them." For 99.9% of us, that point will never arrive. But prior generations stepped out on faith. It's amazing how motivated seeing that baby's face can make you versus thinking about a hypothetical kid some day
I was in no way prepared for a baby financially or from a maturity standpoint when my wife told me she was knocked up.
Posted on 5/27/20 at 6:35 pm to Bench McElroy
Good grief
Posted on 5/27/20 at 6:38 pm to Bench McElroy
I was born April 1981. Technically to some, I’m a millennial, but I feel more Gen X
Posted on 5/27/20 at 6:38 pm to USMEagles
quote:
Kids- Again, this is a "lip service" thing. "Waiting 'til we can afford them."
Pretty much what every single millennial was told.
Page 9 of 10
Popular
Back to top
Follow TigerDroppings for LSU Football News