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Started By
Message
1
Posted on 9/24/22 at 12:54 pm to TigerOnTheMountain
quote:Well damn!
Come on now. Of course boomers have generated more wealth to this point. That property you bought in 1975 for .25 and the family goat is now worth about 1000 times more for example.
I laid the "greedy boomers" bait right there!
You were supposed to take it and run.
That's no fun!
Oh well. Here you go ...
quote:
Millennials at age ~40 earn quite a bit more than Boomers did at age 40. This is median income adjusted for inflation, so it doesn't include zillionaires and it's real dollars.
...
Averaged together, Millennial income at age 40 is about 25% higher than Boomers at the same age, but the earnings of men have been basically flat while the earnings of women have gone up 75%. In other words, individual earnings of Millennials at age 40 are quite a bit higher than Boomers at age 40, but the distribution of those earnings is quite different.
There are technical details here about age distribution within the 35-44 band and a few other things, but nothing that makes more than a small difference. And you can always cherry pick the data to show anything you want. But if you just look at straightforward income figures, Millennials earn more than comparable Gen X and Boomer workers.
So what accounts for the ongoing myth of Millennials being worse off than Boomers? My guess is that lots of people simply refuse to acknowledge what's happened in recent years. In 2012 you could make a case that Millennials were indeed a lost generation, and it quickly became received wisdom that this was true. But starting in 2015 incomes began a powerful run, increasing by nearly a quarter before dropping a bit during the pandemic year of 2020.
In other words, the Great Recession hit Millennials hard, but it was a temporary hit and Millennials enjoyed strong income gains during the recovery. They are now the highest paid generation in American history, but only if you look at data going all the way to the present instead of just chopping things off at 2012 and never looking again.
LINK
In all seriousness though, despite the earnings, Millennials aren't typically saving to the extent previous generations did. But they're set to inherit quite a load, so maybe that's less important.
Posted on 9/24/22 at 12:57 pm to TigerOnTheMountain
quote:
Both of those dipshits are making a good case for how much better the world would be without the existence of fricking Alabama.
LINK
Posted on 9/24/22 at 12:58 pm to EarlyCuyler3
I’m in highly competitive NC. You have remained in 47th ranked Alabama because you know you’d be a failure anywhere else
Posted on 9/24/22 at 1:01 pm to EarlyCuyler3
La, bammer and Miss fighting over who’s the least tarded. 
Posted on 9/24/22 at 1:01 pm to TigerOnTheMountain
quote:
I’m in highly competitive NC.
You live in the the dumbest hillbilly part of the state.
Posted on 9/24/22 at 1:39 pm to JJJimmyJimJames
quote:
Merriam Webster Dictionary"
Definition of Marxian
: of, developed by, or influenced by the doctrines of Marx
Marxian socialism
First Known Use of Marxian
1887, in the meaning defined above
There was absolutely no need for you to defend yourself on this.
C. Wright Mills, a marxist purist himself, who wrote the definitive work on marxism back in the early '60s - which dwarfs the meager efforts of Buchanan and Levin who were about two generations too late to the game - uses that exact term - and spelling - throughout his book.
It's even found in the extensive excerpts he provides from the writings of the original Bolsheviks.
If this ridiculousness continues, will provide excerpts from his book and even some from the original writings of the Bolshevik leaders themselves.
But it's more fun and entertaining to let ignorance remain bliss.
Posted on 9/24/22 at 1:43 pm to JJJimmyJimJames
Still waiting Blueboy
SO? What is your contribution to preserve this country? I will keep asking until you answer your own brilliant point.
quote:
Their contribution was 'I'm not going to do anything to preserve this country. I'm going to do drugs, listen to rock and roll and rant about how horrible this country is.'
To quote Peter Fonda from the end of fricking Easy Rider, one of your godawful 'defining' movies - 'We blew it.'
Yes, you fricking did.
ok, so what is your contribution to preserve this country?
SO? What is your contribution to preserve this country? I will keep asking until you answer your own brilliant point.
Posted on 9/24/22 at 1:45 pm to jackamo3300
quote:jackamo, brilliant response..
But it's more fun and entertaining to let ignorance remain bliss.
James Lindsay also uses "Marxian"
TY
This post was edited on 9/24/22 at 1:59 pm
Posted on 9/24/22 at 1:58 pm to blueboy
quote:Not a boomer.
To quote Peter Fonda
quote:How so?
'We blew it.'
Yes, you fricking did.
Posted on 9/24/22 at 2:59 pm to Strannix
quote:
just cant fathom how people get indoctrinated, the historical record of the left is literally hell on earth. I had plenty of RDDB professors. I knew the truth about the left when I was 15, I could see the the insane media bias when I was 13 when it wad 1/10 of what it is today.
You say you can’t fathom how people can be indoctrinated but the reality is +60-70% of adults under age 40 who vote …..vote for the Groomer candidate. This indoctrination is three fold, academia, mass media and pop culture…..it appears to work quite well as evidenced by Whispering Joe’s installation as president of the United States.
Posted on 9/24/22 at 5:12 pm to Powerman
"But in total boomers are a problem"
.... so you think people between the ages of 76-58 are the problem? Boomers were born between 1946 - 1964. I would think that the 25-45 year old range is a bigger problem (Woke-ism, 24 different genders, addicted to cell phones, Tic-Toc, crappy public schools, snowflake mentality, etc.).
.... so you think people between the ages of 76-58 are the problem? Boomers were born between 1946 - 1964. I would think that the 25-45 year old range is a bigger problem (Woke-ism, 24 different genders, addicted to cell phones, Tic-Toc, crappy public schools, snowflake mentality, etc.).
Posted on 9/25/22 at 7:45 am to JJJimmyJimJames
Still waiting Blueboy
quote:SO? What is your contribution to preserve this country? I will keep asking until you answer your own brilliant point.
Their contribution was 'I'm not going to do anything to preserve this country. I'm going to do drugs, listen to rock and roll and rant about how horrible this country is.'
To quote Peter Fonda from the end of fricking Easy Rider, one of your godawful 'defining' movies - 'We blew it.'
Yes, you fricking did.
ok, so what is your contribution to preserve this country?
Posted on 9/25/22 at 7:46 am to JJJimmyJimJames
I love that we're 16 pages into this. The federal government wants to turn us all into slaves and end our republic and we're griping about whose dog crapped on whose lawn.
Posted on 9/25/22 at 8:00 am to squid_hunt
quote:It is much more than that. Pay attention.
The federal government wants to turn us all into slaves and end our republic and we're griping about whose dog crapped on whose lawn.
Posted on 9/25/22 at 8:06 am to JJJimmyJimJames
quote:
It is much more than that. Pay attention.
It's not.
Posted on 9/25/22 at 8:19 am to JJJimmyJimJames
quote:
JJJimmyJimJames
Get a grip grandpa. They are gonna put your dumb arse in a nursing home.
Posted on 9/25/22 at 8:42 am to EarlyCuyler3
quote:These rankings are such garbage.
Measuring how well states are educating their students
Care to guess which state they list as dead last in higher education?
Pennsylvania!
Yep!
Pennsylvania, ranked 50th, is home of UPenn #7, Carnegie Mellon #22, Villanova #50, Lehigh University #51, University of Pittsburgh #61, Penn State #77, Drexel, Temple, etc.
versus
Alabama which is ranked 39 in higher education, with it's top school, Auburn ranked #97.
Posted on 9/25/22 at 8:45 am to squid_hunt
quote:
I love that we're 16 pages into this. The federal government wants to turn us all into slaves and end our republic and we're griping about whose dog crapped on whose lawn.
This.
The past is in the past, we need to work on fixing this situation today, not fingerpointing at vague demographics.
Posted on 9/25/22 at 10:35 am to SECSolomonGrundy
quote:solid contribution as usual
Get a grip grandpa. They are gonna put your dumb arse in a nursing home.
Reality awaits your visitation, dumbass
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