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re: Is The Economy really bad?

Posted on 8/25/25 at 12:30 pm to
Posted by GreatLakesTiger24
Member since May 2012
60600 posts
Posted on 8/25/25 at 12:30 pm to
quote:

They will actually do far better because their competition are part of the “everyone gets a trophy for just showing up” generation
their competition will be thr best and brightest from India and other Asian countries thanks to the PayPal mafia
Posted by saint tiger225
San Diego
Member since Jan 2011
48939 posts
Posted on 8/25/25 at 12:30 pm to
It's really wild seeing people cheering on tariffs and thinking that we're not paying for it.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72070 posts
Posted on 8/25/25 at 12:31 pm to
Those charts read that way because the kids are spoiled pussies driving $100k Yukons and spending $78 at Starbucks every day and need to go their asses to work.

*typed from the living room of my home that doubled in value in the past 6 year*

Bitch arse kids.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
42259 posts
Posted on 8/25/25 at 12:32 pm to
quote:

Your secretary itemizing the food out of here Starbucks receipts is very believable


Her anal husband did.

Like I say, I've changed my opinion on the "Starbucks broke" argument. You were one of the ones that changed my mind. But either way, I don't really care if you believe me.
Posted by Salmon
I helped draft the email
Member since Feb 2008
86138 posts
Posted on 8/25/25 at 12:32 pm to
quote:

Look up the rate that homes and cost of living has grown and compare it to the rate that wages have increased.

It’s really, really simple and will spare us all this emotional bullshite about hiking to college uphill in the snow while building your own starter house out of the nickels you saved by not buying coffee.


It's an objective fact.

And I'll never understand a certain demographic's unwillingness to accept it.

It's so fricking weird to me. It doesn't diminish their life or their success any.
Posted by cubsfan5150
NWA
Member since Nov 2007
18478 posts
Posted on 8/25/25 at 12:32 pm to
quote:

1,200 square foot house in a nice neighborhood where you didn't have to shoot your way in and out every day. Go find yourself one of those today.

You cant. They are all rentals and/or section 8 shitholes.


Where do you live? I want to make sure not to visit.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39580 posts
Posted on 8/25/25 at 12:33 pm to
Posted by HouseMom
Member since Jun 2020
1933 posts
Posted on 8/25/25 at 12:34 pm to
quote:

Obviously, nothing applies to everyone, but if you think young folks today aren’t stupidly spending money more than previous generations, you’re not accepting reality. By no means do i mean everyone, but a good many are spending money on $7 cups of coffee, crazy money on pets, uber eats, eating out in general, car payments (buying a 4 runner vs a basic Camry/Accord/Civic), student loans -maybe the dumbest expense- these are just the tip of the iceberg.


All of this. There are a bunch of delusional 30 year olds on here who think the Boomers spent like young people today. Laughable.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39580 posts
Posted on 8/25/25 at 12:35 pm to
quote:

It doesn't diminish their life or their success any.


It really doesn’t, it’s like they have this ego-driven reflex to defend themselves from an attack that isn’t even happening.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72070 posts
Posted on 8/25/25 at 12:35 pm to
Where do you live that 1200 Square foot homes are available in nice neighborhoods?

Much less neighborhoods that are within commuting distance of employment?

Eta: and by nice, I mean safe
This post was edited on 8/25/25 at 12:36 pm
Posted by TideCPA
Member since Jan 2012
14113 posts
Posted on 8/25/25 at 12:35 pm to
quote:

And yet it’s a perfect example of the point being made. Guess how many cups of Starbucks coffee I bought in 4 years of college?
I didn't even drink coffee in college, but it doesn't change the fact that wealth building was significantly easier for me when I entered the workforce (which wasn't even that long ago) than someone graduating in my exact same field today.

Then add to that the fact senior care spending (social security + medicare) represents half of federal tax revenue and growing, and it's clear that Gen Z and younger Millennials are fighting some economic headwinds that just didn't exist before them.
Posted by cubsfan5150
NWA
Member since Nov 2007
18478 posts
Posted on 8/25/25 at 12:36 pm to
My last three places I lived all had exactly what you describe.

Valdosta metro
Spokane metro
NW Arkansas metro
Posted by Motownsix
NOLA
Member since Oct 2022
3271 posts
Posted on 8/25/25 at 12:36 pm to
quote:

keep reading how bad the economy is and that people are struggling. I'm not seeing that anywhere. Even in broke arse central MS, every restaurant is full, stores are full, parking lots are full, houses, restaurants and retail spaces are being built like crazy. Not many foreclosed houses around me either. When I travel, I find the same, folks out spending money everywhere. The stock market remains strong. Many restaurant prices have crazily increased (but you can still find reasonable prices), but I haven't noticed crazy prices at the grocery store. When will see this in our everyday lives? Restaurants going under, people staying home and eating at home and not wasting money at Starbucks, 7 Brew, etc.?


Consumer spending skyrocketed post COVID, but lots of people said they couldn’t afford eggs. People were sitting on a year plus of money from having no recreational spending.
My guess is the economy faces some more headwinds now than it did two years ago, by that the complaining then and now is mostly a political gripe not based on economic realities.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 12:36 pm to
quote:

All of this. There are a bunch of delusional 30 year olds on here who think the Boomers spent like young people today. Laughable.


John- 68, blames all financial problems on a $12.99/month Netflix subscription
This post was edited on 8/25/25 at 12:41 pm
Posted by Motownsix
NOLA
Member since Oct 2022
3271 posts
Posted on 8/25/25 at 12:39 pm to
quote:

Because they think a $6 Starbucks a day + $3 Celsius drinks a day +15 lunches everyday and Doordash at night are "normal"


Ah the ole avocado toast crisis. Young people struggle because they spend frivolously. A staple of the boomer takes.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
42259 posts
Posted on 8/25/25 at 12:40 pm to
quote:

It's an objective fact.

And I'll never understand a certain demographic's unwillingness to accept it.

It's so fricking weird to me. It doesn't diminish their life or their success any.


This. "It was easier for a boomer to buy a house" is not some knock on them. It just is what it is. But it's always taken as an insult.

Posted by notiger1997
Metairie
Member since May 2009
61722 posts
Posted on 8/25/25 at 12:43 pm to
quote:

Holy shite, they must be making a killing


Of course. But the OT tards keep pushing up the price of A cup of coffee.
I brew most my own coffee and it’s less than .50 a cup.
Posted by Wabbit7
Member since Aug 2018
2287 posts
Posted on 8/25/25 at 12:43 pm to
quote:

This. "It was easier for a boomer to buy a house" is not some knock on them. It just is what it is. But it's always taken as an insult.


They can't handle being told something was easier for their generation because they believe everything has gotten 10x easier for each generation after theirs.
Posted by member12
Bob's Country Bunker
Member since May 2008
33142 posts
Posted on 8/25/25 at 12:43 pm to
quote:

Seriously people lost their minds during 2020. Ordering a pizza to be delivered prior to 2020 was pretty normal and most people only did it occasionally....the damned door dash and uber eats and walmart delivering groceries in our neighborhood starts around 6 AM and ends about 2 AM...and the amazon trucks work overnight delivering shite. These are young to young middle aged military families mostly....not making a huge amount of money but living in 4000 sq foot houses that cost around $600K with a power bill pushing $800 a month, 2 new $60k cars, possibly a boat and a camper...and the complain constantly about being broke and how shitty life is and how inflation is killing them. Most of them will spend $10k on a family vacation and bitch about all year while planning the next one, not to mention the $2k 3 day weekends and $1k overnight camping trips....if youre carrying $10k in credit card debt at 26% interest yes, the economy sucks....your economy....


Scientifically proven that the happiest people are the ones that control more of their own time. It’s not possible to do that if you are so deep into debt and end up as a complete wage slave even well into your 50s.

People are willing to risk what they have and what they need for what they don’t have but they want. They think that material things are the key to happiness and they just aren’t. That’s the type of person that wakes up one day and realizes that they’ll have to massively adjust their lifestyle during retirement - if they can retire at all.

It’s insane that this country barely even makes affordable cars or smaller 1200 square foot homes anymore. They don’t sell very well. Everyone has bigger appetite than stomachs.
This post was edited on 8/25/25 at 12:47 pm
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72070 posts
Posted on 8/25/25 at 12:44 pm to
I'm not familiar with any of those places but they must be unicorns, because it contradicts every suburban housing trend in the country.
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