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Message
re: Quiet Quitting? Well that a new term.
Posted on 8/21/22 at 9:25 am to Baconator501
Posted on 8/21/22 at 9:25 am to Baconator501
quote:
you do realise there will be no ss benefits or other means of living other then what you save, right, and that's why 401k has been such a big deal for awhile now
You may be right, and SS may in fact be gone by the time most of us reach the age to collect it.. after all, certain politicians have been trying to “privatize” SS for decades now.. but my question is this: For those of us like myself, im mid-40s and have been paying into SS since i had my first job at 14 yrs old- what will happen to all the money ive been paying into for the last 30 plus years ? I realize the easy , cynical answer would be ‘Well baw, youre just s*** out of luck’ but im looking for a serious answer.. Will that money that’s been taken out of my paycheck for the three decades just disappear, or do you think there will be some effort to grandfather us in ?
2
Posted on 8/21/22 at 9:26 am to Dawgfanman
quote:
In many jobs that’s what they are doing instead of giving those extra hours to a project at work. They are working on a new cert, a contract gig, a side hustle. They’ve seen that going the extra mile isn’t going to result in any real reward at their current job
That at least makes sense.
But I doubt the people on this thread are working a side hustle unless Chicken is paying them for posts.
Posted on 8/21/22 at 9:27 am to BK Lounge
It's either going to be extended and funded with money the government doesn't have or it's gone
Posted on 8/21/22 at 9:27 am to Centinel
Slo still blaming everything on boomers that won’t retire? That’s been a running theme for 15 years. Those frickers have to be 80 by now. Boomers suck but 90% of them are gone from the workforce by now.
Posted on 8/21/22 at 9:28 am to Mingo Was His NameO
sawtooth in here yapping his old gums and saggy balls doesn’t realize he’s gonna get a boot up his arse.
Posted on 8/21/22 at 9:28 am to BOSCEAUX
quote:
Slo still blaming everything on boomers that won’t retire? That’s been a running theme for 15 years.
He’s been one of the more reasonable voices here.
Posted on 8/21/22 at 9:30 am to Centinel
quote:
Centinel
The zelensky dick sucking thread is that way baw
Posted on 8/21/22 at 9:31 am to Mingo Was His NameO
quote:
Big China guy I guess
Nope. That PE is All American.
Posted on 8/21/22 at 9:31 am to JudgeHolden
quote:
You think that’s new? I saw lots of incompetent slobs get breaks I never had because of their family. Then there’s this: Gladwell is talking about tech moguls. So basically the attitude is “if I can’t be a billionaire, why try?” Jesus.
You make some good points. Personal responsibility, hard work and self development are absolutely things that millennials and younger gen X people should be doing.
But to call out an entire generation as acting economically irrational is a bit obtuse. As demonstrated ITT, there are certainly structural issues plaguing their generation that we didn’t have to face.
Posted on 8/21/22 at 9:31 am to JohnnyKilroy
quote:
The zelensky dick sucking thread is that way baw
Dafuq does that mean?
Posted on 8/21/22 at 9:34 am to SaintsTiger
quote:
But to call out an entire generation as acting economically irrational is a bit obtuse.
One of my specialties (deliberate obtusenes). I’m trolling a little. But there is some truth in it.
quote:
As demonstrated ITT, there are certainly structural issues plaguing their generation that we didn’t have to face.
For a generation as a whole? Sure. For some of us born in the darkness on the edge of town? We fricking A did, and worse.
This post was edited on 8/21/22 at 9:35 am
Posted on 8/21/22 at 9:45 am to JudgeHolden
quote:
JudgeHolden
quote:
They were also the most grateful.
I’m extremely grateful for what I was given, modest as it was. I had two parents, a house, the ability to work, and siblings who’d gone to college before me.
And I can look back and say that for the most part, I did the best I could with what I had.
It’s a shame that they will never have that. Makes me sad, really. But you can’t fix denial. They’ll hit bottom eventually. Well, some will.
quote:
For some of us born in the darkness on the edge of town? We fricking A did, and worse.
Rewriting a bootstrapping narrative as a cope. Sad!
All feels and no facts like a good little prog.
Posted on 8/21/22 at 9:45 am to sawtooth
quote:
It's impossible to work 84 hours a week. And to do it every week for 7 months?
I can tell you never worked in a plant during a project. You probably don’t see those hours at the mall.
You may have done this 30+ years ago, but this would NEVER fly at a facility these days. HSE would run people off with the quickness.
Posted on 8/21/22 at 9:47 am to JudgeHolden
quote:
My first apartment out of school was a hovel. There just wasn’t much available that I could afford.
quote:damn, you made a lot of bad choices for all of this to be a necessity
It was necessity
Posted on 8/21/22 at 9:47 am to JudgeHolden
Okay. Well played. I’ve been trolled. 
1. Why did they take shop out of the schools? Why don’t they teach trades in high school. A/C repair is certainly more useful to many students than calculus.
2. And what’s with kids being brainwashed by the education system from elementary thru high school that they have to go to college? Especially when all of that loose federal student loan money skyrocketed the cost of higher Ed.
1. Why did they take shop out of the schools? Why don’t they teach trades in high school. A/C repair is certainly more useful to many students than calculus.
2. And what’s with kids being brainwashed by the education system from elementary thru high school that they have to go to college? Especially when all of that loose federal student loan money skyrocketed the cost of higher Ed.
Posted on 8/21/22 at 9:50 am to SaintsTiger
quote:
But to call out an entire generation as acting economically irrational is a bit obtuse. As demonstrated ITT, there are certainly structural issues plaguing their generation that we didn’t have to face.
The other part is boomers raised millennials to think they'd have it better than them, and they felt entitled to a better life like every single generation of Americans up until now. Everyone assumed it would get better. Now everyone knows it's not going to get better and they will have less economic mobility than their parents. That's where the millennial attitude comes from. They've barely even started their careers and they already know it's going to be worse.
Posted on 8/21/22 at 9:52 am to JudgeHolden
quote:
Nope. That PE is All American.
quote:
Chinese investors were the most active buyers of US real estate last year among foreigners — spending a record $6.1 billion on homes mainly in Florida and California, according to the National Association of Realtors.
Additionally, due to the Chinese doing the same thing, New Zealand has pretty much banned anyone not a native from buying property.
Posted on 8/21/22 at 9:52 am to GreatLakesTiger24
quote:
damn, you made a lot of bad choices for all of this to be a necessity
Like where I was born? The public school I attended? The wealth (or lack of) of my parents?
Or how about these:
—the decision to use wages to reduce the amount of debt I had to take on to get through school?
—the decision to go to a state professional school (cheap) rather than a more prestigious one that cost many times more?
—the decision to pay off student debt early?
—the decision to buy a below-median house (and a very small one) as a starter?
—the decision to find a field in which I could command value?
This post was edited on 8/21/22 at 9:53 am
Posted on 8/21/22 at 9:56 am to JudgeHolden
quote:
the decision to use wages to reduce the amount of debt I had to take on to get through school?
Would get you from $80k to only $60k in debt at a state school now
quote:
the decision to go to a state professional school (cheap) rather than a more prestigious one that cost many times more?
See above.
quote:
the decision to pay off student debt early?
Student debt and median home prices (and thus rent) skyrocketing, used cars selling for what people bought them for four years ago. Must have been nice to not have to deal with those so you could service your debt early.
quote:
the decision to buy a below-median house (and a very small one) as a starter?
These are being bought with cash by Wall Street and the Chinese and torn down for rebuilds. Good luck getting one outside of some shite hole like Washington Parish
quote:
the decision to find a field in which I could command value?
There's more Stem majors now as a percentage than ever.
I'll repeat myself, you continue to take this shite so personal like it's an attack. You had better circumstances from 18-35 which set you up for real wealth growth. Your schooling wasn't absurdly expensive. Homes, which are most people's largest asset, were way more affordable. Good jobs were plentiful and didn't require secondary education. All of that is ok to recognize and still understand its not like someone was mailing you money. You still had to work for it. It was just easier to get the opportunity, you still had to seize it.
This post was edited on 8/21/22 at 9:59 am
Posted on 8/21/22 at 9:57 am to SaintsTiger
quote:
Why did they take shop out of the schools? Why don’t they teach trades in high school. A/C repair is certainly more useful to many students than calculus.
Good question.
quote:
And what’s with kids being brainwashed by the education system from elementary thru high school that they have to go to college? Especially when all of that loose federal student loan money skyrocketed the cost of higher Ed.
To me, this is one of the fairest gripes they’ve got. But strangely, they don’t blame the schools that suckered them into borrowing huge sums for a less-than-valuable degree.
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