re: Newsweek - OK, Millennial: Boomers Are the Greatest Generation

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according to Harvard

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stopped reading right there, the school who give david hogg full scholarship for protesting guns and then passes him even though he cant even meet the most basic level of stupid in class has less legitimacy then borat

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Wealth & Income

Millennials are justifiably outraged over the growing wealth gap. Here's what gets lost, though. While the average person may be slipping further behind the wealthy, they are still better off in absolute terms than they were 50 years ago, in income and net worth. Average household income in 1969 was about $64,000 in today's dollars (adjusted for inflation). Today, it's at $90,000—a jump that can only partly be explained by the rise in two-income families—and households were larger back then too. Per person, each of us has about 50 percent more income than a typical person did in 1969.

Taxes are much lower now than they were in 1969. Overall, things are cheaper. While health care and education costs have risen faster than inflation, many everyday items have become much less expensive. A round trip New York–London air ticket cost $550 back then, about what it costs now. But once inflation is considered, that $550 ticket would cost over $3,700 in today's dollars. The cheapest color TVs cost the equivalent of $3,000, which is why only one in three homes owned one.

Best of all is phone usage. In 1969, according to Federal Communications Commission data, rates varied by location, distance, time of day and type of call (business vs. residence). A typical 10-minute chat cost about $15 in today's dollars, and much more if the location was more than a few miles away. These days, the average person spends almost three hours a day on their phone—calling, texting, browsing, etc.—so your cellphone bill would be about $8,000 a month if you were paying the usage rates we paid. You may still be broke, but you're surrounded by better stuff.

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So much of this made me laugh. Boomers gonna Boomer. Also, dude neglected to mention that 1/3 of Boomers have nothing in savings. No excuse for that.

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So you really don't know how to recognize a melt when you see it.

Your little sky scream here is proof.

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I know how to recognize a melt and a sky scream. Your comment above falls much closer to a melt than his does a sky scream.

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The 2 biggest snowflake boomers on here just couldn't wait to cry about my post.

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Two reasons.

1. You have followed me around making ignorant cracks today.

2. You're so stupid. It's just fun to poke your imbecilic arse and watch the response.

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So much of this made me laugh. Boomers gonna Boomer. Also, dude neglected to mention that 1/3 of Boomers have nothing in savings. No excuse for that.

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then another 20 or so have like 10k

Absolutely pathetic

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Boomers didn't raise millennials.

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The older half of millennials likely had Boomer parents for sure. Someone born in 1985 most likely didn't have parents born in 1965-1981 (GenX). I'd say even a majority of people born in 1990 had parents over age 25.

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- OK, Millennial: Boomers Are the Greatest Generation

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Only in marketing, not results.

i.e. We gave X rights, We acknowledged Y, we support Z.


Are A-W happier than they were 60 years ago?


example:

88% of women were content in their roles, 12% of women wanted to work in 1900. They fought and fought for equality.

100 years later women are CEOs et al...but now only 60% of women are content in their role as they "have to work". Is that progress?


Almost be careful of what you wish for. For a sports example, no one wants to play defense or goalie anymore, everyone wants to be the scorer. And they are unhappy that they aren't scoring as much.

Greatest Generation: survives Great Depression & WW2 and then produces a booming economy with an extremely strong middle class for the Boomers

Boomers: take that economy and corporatize it & our government with neocon/neolib politics and Reaganomics, screw our middle class and poor by implementing policies that stagnate wages, cause a litany of costs to skyrocket while promoting a "keeping up with the Joneses" lifestyle and babying their Millenial children, get us into an endless war in the middle east

Also Boomers: "we're the best! Stop complaining and pull yourself up by the bootstraps!"

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Boomers didn't raise millennials.

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Not very well, at least