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re: I reject the idea that young adults/millennials “have it harder” than boomers at that age

Posted on 3/30/19 at 11:42 am to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69246 posts
Posted on 3/30/19 at 11:42 am to
quote:


On the other hand, many other goods - tradeable goods like food, technology, and so forth - are much cheaper than they used to be in real terms. Access to information is dirt cheap, basically free in most instances. The technical quality of services like healthcare and education is better than it has ever been.


They just ignore this stuff
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73234 posts
Posted on 3/30/19 at 11:44 am to
They have it tougher cause they are betas and weak minded
Posted by Clames
Member since Oct 2010
16538 posts
Posted on 3/30/19 at 11:45 am to
quote:

Nah, we just want enough to afford a Nissan Altima and a fixer upper starter home.



Then stop buying useless shite and "experiences" and learn how to save money and basic automotive/home repair/maintenance. Get off your smartphone and figure out how to make extra money even if it means less sleep and not going out to eat anymore. You want but are too lazy to make any real sacrifices to fulfill that want.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 3/30/19 at 11:45 am to
quote:

Still just an excuse. No one makes you go to college. If it costs more than its worth... don’t go. If you think it’s worth the investment STFU and pay your bills.



Dude, I am not "making excuses." It's very possible to succeed if you make good decisions. I am pointing out that millenials face challenges that boomers did not. I think boomers, on balance, had things pretty easier compared to the generations surrounding them.
Posted by Taxing Authority
Houston
Member since Feb 2010
57090 posts
Posted on 3/30/19 at 11:46 am to
quote:

Lol, "head in the sand". Having your "head in the sand" is now I guess what you call historical economic literacy
My guess is he thinks he is “special” and no one else can do what he did. If so, he’s wrong. Opportunity is everywhere.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259898 posts
Posted on 3/30/19 at 11:46 am to
quote:

Yeah because baby boomers were always laying brick and learning foreign languages


Generally speaking, doing physical labor was the norm.

that's what people did to get by.

On another note, half of Boomers still have to support adult children...
Posted by Taxing Authority
Houston
Member since Feb 2010
57090 posts
Posted on 3/30/19 at 11:47 am to
quote:

Now tell me about college tuition putting you back a decade.
If this is your biggest obstacle.. you have zero perspective.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78328 posts
Posted on 3/30/19 at 11:47 am to
quote:

Now tell me about college tuition putting you back a decade.


That's so weird. Because my three kids don't/won't have ANY college debt. You know, because they made SMART choices.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
7994 posts
Posted on 3/30/19 at 11:47 am to
They certainly do.

On the other hand, Boomers and Xers ignore that the world has had two countries with more than a billion people each come into world markets with huge numbers of educated workers. That kind of competition didn’t exist thirty or forty years ago, at least not to the same degree.

Again, a trade off: Some things worse. Some better.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
27801 posts
Posted on 3/30/19 at 11:48 am to
quote:

Yeah because baby boomers were always laying brick and learning foreign languages instead of watching Animal House.

After high school I had a part time job at Hardee's at night, and a part time job some days, helping a man who installed water lines and septic tanks. He only had 1 arm and was a shitty backhoe operator. I did some serious shovel work, and learned to run that backhoe pretty fast.
Posted by Gus007
TN
Member since Jul 2018
11958 posts
Posted on 3/30/19 at 11:49 am to
quote:

Cost $$$ to do that...



Keep up man. Ever heard of free phones.
I graduated HS in 1960. Dead broke! Applied for a student loan. If I could come up with 200 dollars they would loan me $200.00. I got a dorm room under the stadium with the football players. I washed dishes at the University Cafeteria for room and board.
Yep life was a bed of roses back then.
I dropped out and joined the Navy because I knew the Military was going to draft me. Vietnam! I was discharged in 69. My wife worked and I used the GI Bill. So I spent seven of my life in military service instead of a student loan to pay for an education. Great country. There is a way if you are willing.
Posted by Jake88
Member since Apr 2005
68031 posts
Posted on 3/30/19 at 11:49 am to
quote:

Millennials do have a beef with the college scam though. They were preached and preached to about how college is the end all be all.
How is attending a state school expensive?
Posted by Taxing Authority
Houston
Member since Feb 2010
57090 posts
Posted on 3/30/19 at 11:49 am to
quote:

I am pointing out that millenials face challenges that boomers did not.
Ypure also leaving out all the ways they have it easier.

quote:

I think boomers, on balance, had things pretty easier compared to the generations surrounding them.
You’d be wrong. (And no I’m not a boomer)
This post was edited on 3/30/19 at 11:51 am
Posted by deltaland
Member since Mar 2011
90484 posts
Posted on 3/30/19 at 11:52 am to
Boomers had a vibrant manufacturing economy that offered middle class jobs with nothing but a high school degree. People working there could afford a nice home and car without a college degree.

millenias came of age in a stagnant economy that required degrees that saddled you with debt, and an over saturated labor force not offering many entry level jobs due to boomers not retiring because none saved for retirement.

Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78328 posts
Posted on 3/30/19 at 11:52 am to
Vietnam ? Pfft.
These kids can’t pay for their Lesbian Dance Therapy classes!
MUH UNIQUE MILLENNIAL STRUGGLE !
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
7994 posts
Posted on 3/30/19 at 11:56 am to
Millennials were the great majority of soldiers and Marines that fought in Iraq and Afghanistan. I can tell you that the GI Bill was great, but even that only pays for a piece of education now unless you’re fortunate enough to get a Yellow Ribbon matching program (most don’t).
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
26977 posts
Posted on 3/30/19 at 11:57 am to
The primary driver of Boomer wealth, on average, was the increase in value of their primary residence. Not only had the cost of a "starter home" skyrocketted before Millennials reached adulthood, but those prices have mostly remained stagnant from that point on. So, fewer Millennials can afford a first home, and those that can generally don't see the property value gains of the generations before them.

The first home I can remember living in was sold by my parents about five years after they purchased it for over twice what they paid for it. And while I'm not at all knocking my parents, there was nothing about that house or where it was located that made the initial purchase particularly clever.

To ignore that driver of wealth for previous generations that is no longer, at least at the moment, available to Millenials seems myopic to me.
Posted by geauxtigahs87
Louisiana
Member since Dec 2008
26259 posts
Posted on 3/30/19 at 11:57 am to
quote:

Strong rebuttal

Rebuttals are for arguments

You didn't make an argument, just a blanket statement.
Posted by GAFF
Georgia
Member since Aug 2010
2448 posts
Posted on 3/30/19 at 11:59 am to
The poster earlier that said “they want what their parents worked for” hit the nail on the head. It all boils down to wants vs needs. For example, I bought a kuerig. My dad came over one morning and I made him a cup of coffee. After seeing how it works he asked me what the cups cost. “$7 for a 12 pack” I said. He just shook his head and walked off. When I asked what that was for he said “I can make an entire pot for $.50”. To me it’s those things that separate the generations. Dad and mom would drink coffee from a pot that cost $.50 while the majority of the younger generations stop by Starbucks on the way to work. Dad wears levi’s and Walmart shirts while younger generations by name brands. One vacation a year and weekends are spent at home working on small repairs (that younger generations pay to have fixed) or watching tv. Times and generations are just different. I personally didn’t attend college. I went the construction route right out of high school since I was already working as a helper during school. Worked sucked, manual labor out in the elements wasn’t ideal, but it paid $10 an hour. Fast forward some years and I now work for a larger company making 4x what I was still in the same field. So I know opportunities are out there. I see the people who chose to find them every day (none of which are college educated). Those saying life isn’t fair don’t want to work hard enough to better themselves. Lose the pride. Drive a older car, live in a smaller house in a not as uppity area, eat cheaper, be more frugal.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66401 posts
Posted on 3/30/19 at 12:00 pm to
You sound intelligent.
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