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re: The average millennial worker makes less than the average baby boomer did in 1975

Posted on 4/25/17 at 12:13 pm to
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72134 posts
Posted on 4/25/17 at 12:13 pm to
quote:

Our idea of quality is way more than what it was 50 years ago. Good luck getting a bare bones truck.


That is one thing I'll give you. The price of a damn pick-up truck is absurd now. But then again a lot of that has to do with the fact nobody wants a barebones 3-on-the column truck designed to just be a truck and nothing more.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72134 posts
Posted on 4/25/17 at 12:15 pm to
quote:

In the 70s, wearing clothes with patches was normal.


I think every single pair of Sears & Roebuck "Toughskins" I ever owned had at least one knee patch before all was said and done.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27650 posts
Posted on 4/25/17 at 12:16 pm to
They are still overpaid
Posted by jvilletiger25
jacksonville, fl
Member since Jan 2014
20411 posts
Posted on 4/25/17 at 12:23 pm to
The problem is, boomers won't freaking retire already. They can't afford to, so we just have to wait until they die off.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 4/25/17 at 12:25 pm to
Well this thread went about as expected.


I'm still above the curve though
Posted by go ta hell ole miss
Member since Jan 2007
14562 posts
Posted on 4/25/17 at 12:33 pm to
quote:

Boomers spent all of our money and bred like rabbits.


Bred like rabbits? I think there was a sharp decline in the number of children boomers had v. their parents.
Posted by GreatLakesTiger24
Member since May 2012
58960 posts
Posted on 4/25/17 at 12:59 pm to
quote:

quote:
In the 70s, wearing clothes with patches was normal.


I think every single pair of Sears & Roebuck "Toughskins" I ever owned had at least one knee patch before all was said and done.
sorry about the poor
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72134 posts
Posted on 4/25/17 at 1:11 pm to
quote:

I think every single pair of Sears & Roebuck "Toughskins" I ever owned had at least one knee patch before all was said and done.
sorry about the poor





Poor? We were considered well off for the times.

Only the upper crust could afford to get our clothes from places like Sears & Roebuck, JC Penny, or K-Mart back then. Places like Hammers, Dollar Bills or Bargain Town were where the poors shopped. Or more than likely they had to make do with hand-me-downs or yard sales.
This post was edited on 4/25/17 at 1:12 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296100 posts
Posted on 4/25/17 at 1:25 pm to
quote:

sorry about the poor


Poor or lower middle class. I'm happy for the experience. I can actually relate and hang out with a wide variety of people which is a huge benefit in business.

Most people in the south in the 70s were in this group
Posted by cas4t
Member since Jan 2010
72000 posts
Posted on 4/25/17 at 1:39 pm to
Most of my friends who have done well enough to have investment properties own an old work truck. I'm currently shopping for one. I think the market for the bare bones truck is still out there.
Posted by cas4t
Member since Jan 2010
72000 posts
Posted on 4/25/17 at 1:41 pm to
quote:

True. Not everyone is mobile. Beautiful thing about cities though is they tend to have this place called the suburbs where COL is generally less. A lot of those suburbs still support high wages.



You do realize millennials are moving to cities and suburbs within said cities at a very high rate, right?

Millennials are following the jobs. There's more to it than simply moving to where jobs pay higher wages.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296100 posts
Posted on 4/25/17 at 1:52 pm to
You shouldn't expect a middle aged lifestyle in your 20s. No generation before gas expected or experienced that in large numbers.
Posted by cas4t
Member since Jan 2010
72000 posts
Posted on 4/25/17 at 2:35 pm to
quote:

You shouldn't expect a middle aged lifestyle in your 20s. No generation before gas expected or experienced that in large numbers.



I never said millennials should expect a middle aged lifestyle. I was just responding to the poster who said millennials should follow the money, which is generally in the city. Millennials are moving into the city, at a much higher rate than previous generations. That's all.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296100 posts
Posted on 4/25/17 at 2:55 pm to
Just a general comment.

Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 4/25/17 at 3:18 pm to
Largely caused by the introduction of women into the workplace.

Odd that the cost of goods hasn't declined though. Wonder why.
#latestagecapitalism
Posted by cas4t
Member since Jan 2010
72000 posts
Posted on 4/25/17 at 3:19 pm to
Gotcha. I agree 100%, fwiw.
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