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Started By
Message
re: Quiet Quitting? Well that a new term.
Posted on 8/20/22 at 10:15 pm to jclem11
Posted on 8/20/22 at 10:15 pm to jclem11
quote:
Y’all fricked everything up and are blaming the younger generations for not working hard enough.
I’m not. Work hard or don’t. That’s your choice.
But if you “quietly quit,” you’ll pay a price. It’s shortsighted and stupid.
And as for third base, I wasn’t even born in the ballpark. I had to fight to get an at bat.
1
Posted on 8/20/22 at 10:17 pm to Dawgfanman
quote:
But most “older people” are not high earners. To me the guy who picks up my garbage, the cop who directs traffic at my kids school, the guy who fixed my AC last week, my retiree mother in law..they aren’t losers, but they all got those checks. Many might not have needed it, for those that did, I’m glad.
I don’t disagree.
But it was a huge benefit that disproportionately advantaged younger people.
Posted on 8/20/22 at 10:18 pm to Scruffy
quote:
Y’all continue to act like it’s a boot-strap situation. It isn’t.
I’ve repeatedly acknowledged that.
It doesn’t justify quietly quitting.
Posted on 8/20/22 at 10:20 pm to JudgeHolden
quote:
I don’t disagree. But it was a huge benefit that disproportionately advantaged younger people.
Maybe. Those young people will pay it back in spades if programs like social security and Medicare (which advantage retirees) are to continue for the decades those people are counting on them for..and those people are much more numerous than high earning/wealthy boomers.
Posted on 8/20/22 at 10:22 pm to JudgeHolden
quote:Sure it does.
It doesn’t justify quietly quitting.
This created an entirely nihilistic group of individuals who have been financially destroyed, not once, but twice by the whims of others.
They have been denied financial stability for their entire professional careers and now employers want them to be loyal while viewing them as replaceable and not paying a wage in line with inflation.
The entire workforce is as jaded as can be, and they blame the generation that has been in control for the past 30 years.
Posted on 8/20/22 at 10:23 pm to JudgeHolden
quote:
But it was a huge benefit that disproportionately advantaged younger people.
We are talking about a $1000 aren't we? Believe me you earned far more from the exponentially higher amount that was poured into the stock market to keep it from crashing immediately, a much greater boon that a much smaller percentage of younger generations are able to take advantage of, not to mention that massive spending has FAR more to do with current inflation that the mere billions that went to those checks.
This post was edited on 8/20/22 at 10:24 pm
Posted on 8/20/22 at 10:23 pm to JudgeHolden
Lmaoo. A bootstrapping multi millionaire?
Go join Roger in that house he built by hand.
You old heads are lying so hard in this thread. Lmaoo.
Go join Roger in that house he built by hand.
You old heads are lying so hard in this thread. Lmaoo.
This post was edited on 8/20/22 at 10:25 pm
Posted on 8/20/22 at 10:24 pm to Dawgfanman
quote:
Maybe. Those young people will pay it back in spades if programs like social security and Medicare (which advantage retirees) are to continue for the decades those people are counting on them for..and those people are much more numerous than high earning/wealthy boomers.
This is why his disdain makes no sense. The people who will be funding his SSA distributions didn't create the system and likely won't benefit from it. Shouldn't he be rooting for us loser millennials?
Posted on 8/20/22 at 10:25 pm to sawtooth
quote:
I will have my $600 K house paid for when I turn 59 at 2.25% interest. Combined I have a family income of $450 K. I am 50. I bought my last vehicle new without financing it. I have $85 k in the bank with close to a million in a 401 K. My company offers a retirement package.
You are 50 years old and have a a little less than a million in retirement savings and you are bragging???
Posted on 8/20/22 at 10:27 pm to JohnnyKilroy
quote:
You are 50 years old and have a a little less than a million in retirement savings and you are bragging???
Yeah.
I’m doing quite well for me. I’m not complaining how bad the boomers have screwed me. Apparently I’m in the minority.
Posted on 8/20/22 at 10:27 pm to Scruffy
quote:as a zillenial myself - I find the milllenials were ‘quietly quitting’ before Covid -maybe the financial ruin’ of 2008 caused it but those that I supervised pre-Covid weren’t giving their all and didn’t care
This created an entirely nihilistic group of individuals who have been financially destroyed, not once, but twice by the whims of others.
Posted on 8/20/22 at 10:28 pm to JohnnyKilroy
quote:
You are 50 years old and have a a little less than a million in retirement savings and you are bragging???
Unless he just 10x his salary he is woefully behind.
Should be closer to 2.5
Posted on 8/20/22 at 10:29 pm to JudgeHolden
quote:
But it was a huge benefit that disproportionately advantaged younger people.
How so? I guess if no one actually needed the money you could say they have the luxury of more time with tvm, but that's a pretty stupid assertation
Posted on 8/20/22 at 10:29 pm to JudgeHolden
quote:
Because some us us didn’t quit even when we had no access to those “conditions.”
If you were breathing you had access. I'm sure some had more access, but that's not the point, is it?
Posted on 8/20/22 at 10:29 pm to GRTiger
People also wonder why we have such an abysmal political compass in regards to my generation.
They expect millennials to favor capitalism when they were fricked over twice by massive governmental and financial institutions?
Hell, the way things are going my generation may go out if it’s way to simply deny the boomers the SS they so vehemently demand.
They expect millennials to favor capitalism when they were fricked over twice by massive governmental and financial institutions?
Hell, the way things are going my generation may go out if it’s way to simply deny the boomers the SS they so vehemently demand.
Posted on 8/20/22 at 10:29 pm to Scruffy
quote:
Sure it does.
We will just never agree on this.
Gee. I had some bad luck. Think I’ll quit.
It galls me because some of us started out way behind where the average millennial is, even factoring in the “setbacks” they blame on others.
I saw far less qualified people advance because of connections or networks never available to me. Think that’s fair?
By millennial logic, I should have blamed the system and quit. That never crossed my mind.
So quit. I guess that’s everyone’s right. It’s just wrong headed to me.
Posted on 8/20/22 at 10:29 pm to Scruffy
quote:
This created an entirely nihilistic group of individuals who have been financially destroyed, not once, but twice by the whims of others.
They have been denied financial stability for their entire professional careers and now employers want them to be loyal while viewing them as replaceable and not paying a wage in line with inflation.
The entire workforce is as jaded as can be, and they blame the generation that has been in control for the past 30 years.
This I really think the Boomers just can't comprehend. They have no idea how widespread the thinking of "why bother" is, and I really think in part that is because they were able to start actual careers that provided 401Ks and more importantly healthcare coverage. shite, I bet most even got dental insurance in their packages. I wonder how many boomers know how much just the actual birth of a child is these days.
Posted on 8/20/22 at 10:30 pm to MrSpock
To be fair, not just millennials got hit in 2008 and again in present day.
Posted on 8/20/22 at 10:30 pm to MrSpock
That’s strange. I have had two financial advisors say that I can retire at 55 and never touch the principal. (I will get an additional $1 million from my company as a lump sum)
Oilfield trash and proud of it. Y’all keep buying that gas.
Oilfield trash and proud of it. Y’all keep buying that gas.
Posted on 8/20/22 at 10:31 pm to sawtooth
God damn baw what the frick have you been wasting your money on?
You've got 20 years on me and I'll probably pass you in savings within the next 5 or so years. Sheesh.
You've got 20 years on me and I'll probably pass you in savings within the next 5 or so years. Sheesh.
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