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re: This is why millennials are unhappy
Posted on 4/1/22 at 8:19 pm to NOLAVOL16
Posted on 4/1/22 at 8:19 pm to NOLAVOL16
quote:I've got friends that have hired people from the UK, Philippines, Nigeria, Curacao, and NZ in the last two years. You mean to tell me someone in Bunkie can't find a gig?
Where they are zero jobs.
0
Posted on 4/1/22 at 8:20 pm to Hopeful Doc
quote:
Look man. Some of us weirdos exist.
Unfortunately you don't make "lots". 
Posted on 4/1/22 at 8:20 pm to 93and99
quote:
When are you losers going to start paying Federal Income Taxes? (leeches
I pay plenty. And get jack crap for it. Most of it gets funneled to the boomers through entitlements.
But as I said, plenty of my generation are leeches no doubt. But maybe if the Boomers running most companies passed along the massive increase in productivity to their employees there would be more taxpayers. But no, they siphon that money off to fellow boomers via stock buybacks and short term decisions made to maximize the next quarters numbers.
Posted on 4/1/22 at 8:22 pm to Taxing Authority
quote:
Unfortunately you don't make "lots".
Hey, I’m getting by!!
/obtuse
Posted on 4/1/22 at 8:22 pm to LSUFanHouston
I’ll throw my two cents in on the mortgage stuff here. Do you realize that mortgage rates in the 70s ranged from 8 to nearly 12%? That 80k home you are shitting on would come with a 650 a month mortgage over 30 years.
When people can borrow money cheaply, prices go up. History has shown us that you will pay the same thing monthly for the home once the rates are applied. If mortgage rates went up to 7% today, home prices would bottom out to 60-75% of what you would pay at 3-4%.
When people can borrow money cheaply, prices go up. History has shown us that you will pay the same thing monthly for the home once the rates are applied. If mortgage rates went up to 7% today, home prices would bottom out to 60-75% of what you would pay at 3-4%.
Posted on 4/1/22 at 8:25 pm to Warfarer
Our first mortgage was around 7% in 2006. Our payment really wasn't all that different than our current house which is worth twice as much at 2.3%
Posted on 4/1/22 at 8:25 pm to NOLAVOL16
Depends on the type of professions and how they fit your personality. Not everyone can make over $100,000 a year and work in a climate controlled environment.
Posted on 4/1/22 at 8:25 pm to NOLAVOL16
quote:
I pay plenty. And get jack crap for it. Most of it gets funneled to the boomers through entitlements.
What is your definition of an entitlement?
Money stolen from a paycheck and paid back later is not an entitlement.
It's actually theft if you don't receive your entire principal back.
Posted on 4/1/22 at 8:28 pm to Hopeful Doc
quote:
Hey, I’m getting by!!
well done. 
Posted on 4/1/22 at 8:31 pm to Taxing Authority
Getting by is better than getting behind.
Posted on 4/1/22 at 8:31 pm to 93and99
quote:
Money stolen from a paycheck and paid back later is not an entitlement.
It is if you’ve already used that money for other junk. Every dime of current payments of entitlements is coming from current workers. The boomers already spent all their contributions.
Posted on 4/1/22 at 8:31 pm to 93and99
quote:
It's actually theft if you don't receive your entire principal back.
It's still theft if someone breaks into my house steals all of my money and spends it on Jordans and a Dodge Charger that they then give back to me
This post was edited on 4/1/22 at 8:32 pm
Posted on 4/1/22 at 8:32 pm to Warfarer
quote:Yup. And pile onto that the massive tax break real estate gets compares to other asset classes, and and you'll find a lot of people investing becuase RE is a better place to store wealth than other assets. Drive up the prices as well.
When people can borrow money cheaply, prices go up. History has shown us that you will pay the same thing monthly for the home once the rates are applied.
Millennials want policies that will only make this worse. "taxing the rich" will just drive more capital into RE where the tax advantage continues to grow.
Posted on 4/1/22 at 8:36 pm to Taxing Authority
quote:
Millennials want policies that will only make this worse. "taxing the rich" will just drive more capital into RE where the tax advantage continues to grow.
I'm GenX but I hate that people who are 36-41 years old get lumped in with some Buddy Holly glasses wearing 27 year old hipsters. Some of these people have teenaged kids.
Posted on 4/1/22 at 8:36 pm to 93and99
quote:
You are a dumbfrick. When are you losers going to start paying Federal Income Taxes? (leeches)
How could you possibly disagree with that point?
Posted on 4/1/22 at 8:40 pm to NOLAVOL16
The thing here is that the residents of this board are extremely conservative and get offended when they get lumped in with the lefty boomers during millennial complaints but all of you have contributed in some way to the mess we’re in now. Lefty boomers go big with entitlement spending and other economically destructive policies. Righty boomers have gone big with tax cuts - especially corporate exemptions, and wars. Then they cut anything that would actually help young people start life without a massive debt load.
This post was edited on 4/1/22 at 8:41 pm
Posted on 4/1/22 at 8:40 pm to fallguy_1978
quote:
It's still theft if someone breaks into my house steals all of my money and spends it on Jordans and a Dodge Charger that they then give back to me
Good point!
Posted on 4/1/22 at 8:44 pm to NOLAVOL16
quote:
It is if you’ve already used that money for other junk. Every dime of current payments of entitlements is coming from current workers. The boomers already spent all their contributions.
No, the government spent it all.
Millennials on this board are always begging for student loan forgiveness and free college.
I can only imagine how bad millennials in the future Congress will spend money.
Posted on 4/1/22 at 8:44 pm to fallguy_1978
quote:I'm a tad older but get called a "boomer" all the time on here. It's hilarious.
I'm GenX but I hate that people who are 36-41 years old get lumped in with some Buddy Holly glasses wearing 27 year old hipsters. Some of these people have teenaged kids.
Posted on 4/1/22 at 8:47 pm to moneyg
quote:
How could you possibly disagree with that point?
Are you serious?
You and I were brought up differently.
I was taught personal responsibility.
A lot of Millennials were not taught personal responsibility.
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