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re: This is why millennials are unhappy
Posted on 4/1/22 at 5:37 pm to LSUFanHouston
Posted on 4/1/22 at 5:37 pm to LSUFanHouston
quote:
Hey op let's me adjust your picture for inflation
In 2022 dollar's (based on 1970 dollars)
New House : $160,677
Avg Income : $64,408
New Car: $23,639
Minimum Wage: $14.39
Movie Ticket: $10.62
Gas: $2.47
Stamp: $.41
Sugar: $2.67
Milk: $4.25
Coffee $13.02
Eggs $4.04
Bread $1.71
As you can see when you take into account inflation that numbers aren't that bad and in some cases better now.
1
Posted on 4/1/22 at 5:38 pm to LSUFanHouston
People made $3.25 an hour. Factory work.
Posted on 4/1/22 at 5:39 pm to UAinSOUTHAL
quote:
Minimum Wage: $14.39
Oof. You got that one wrong.
So... don't trust any other numbers.
Posted on 4/1/22 at 5:39 pm to LSUFanHouston
quote:Again... you really expose stupidity.
When it comes to finances...
Biden and Trump are leagues apart in terms of their finances ... and yours.
Posted on 4/1/22 at 5:41 pm to LSUFanHouston
quote:
When it comes to finances... Biden and Trump are both elites, two sides of the same coin.
Who
Votes
For
Them?
Obama wasn’t a boomer, and millennials sure as hell voted for him. How’d that work out?
Posted on 4/1/22 at 5:41 pm to LSUFanHouston
quote:
What's changed is young people these days are lazy, of course. Yup, that's it. Lazy.
And just plain stupid, as you are demonstrating. Shitty way to go through life, stupid and lazy, but that's a personal choice on your part.
Posted on 4/1/22 at 5:43 pm to UncleFestersLegs
quote:
my dad built a 3000sq ft house in the 70's for $50k. The exact same price he paid for a new Massey combine. Compare any metric you want but a 4 person household with one earner in a blue collar job did fine in the 60s. Now they are barely above poverty level. That's because of the debasement of our currency. We don't have 2 income households now because woman prefer to work. Half the women in my office hate being there. They have no choice.
The policies of the Fed and our government have destroyed the middle class. That is undeniable. Whether or not its intentional is up for debate
Does anyone not get the concept of inflation.
You daddy's 50K from 1970 is equal to $342K in 2022 dollars. So you dad built a 3000 sq/ft house for $342K. I built a 3000 sq/ft house in 2005 for $218K. You have to look at the equivalent money.
Posted on 4/1/22 at 5:43 pm to 0
quote:I guess millennial numbersticks was not your best subject
This is the only part of your nonsensical post that matters. Go look at 1100sq ft houses on the market right now
Posted on 4/1/22 at 5:44 pm to LSUFanHouston
Minimum wasn’t $2.10 in 1970. It was $1.65 in 1973.
Posted on 4/1/22 at 5:46 pm to Dirk Dawgler
quote:
What changed is that the vast majority of people in 1970 didn’t feel entitled to live in luxury on low to mid income wages. They were not keeping up with the joneses.
Sometime in the mid 80s, young people and low to mid income level people went full tilt on keeping up with the Js.
My parents bought our house in 1970, for $19k. It was 1100 sq feet and our family had 4 kids. We had one car, a Ford Pinto. When we closed in the carport when I was 10, it was as if we moved into the Taj Mahal.
Millennials don’t grasp that concept. Our society created this by giving every luxury to kids, on debt, for the last 30 years. They expect that lifestyle.
Your comparison between eras is shite. Way different cultural expectations between 1970 and 2022.
19k in 2022 dollars in $130K. I think you could find a nice 1100 sq/ft house for $130K
Posted on 4/1/22 at 5:49 pm to 0
quote:If you were my kid, it sure as hell would. I'm sorry for you that you were brought up under different circumstances
It must suck to be stupid
Posted on 4/1/22 at 5:49 pm to LSUFanHouston
quote:
1) What generation is Trump, Biden, McConnell, etc?
Biden is from the Silent Generation, as is Mitch McConnell.
The Boomer Presidents were Clinton, Bush Jr, Obama, and Trump.
Trump was barely a Boomer, born in 1946
Posted on 4/1/22 at 5:50 pm to LSUFanHouston
quote:
quote:
Minimum Wage: $14.39
Oof. You got that one wrong.
So... don't trust any other numbers.
How did I get that one wrong. It is simply the 1970 dollars adjusted for inflation. We all know there has been wage stagnation but many many places in the country are $15 minimum wage now.
Posted on 4/1/22 at 5:50 pm to Jcorye1
quote:Coddling whiny lazy spoiled people isn't a winning feature of any culture.
I see the idiotic responses in this thread and completely understand why we are losing the culture war.
This post was edited on 4/1/22 at 5:51 pm
Posted on 4/1/22 at 5:51 pm to LSUFanHouston
quote:
Right. Now where are those apartments that people lived in during the 70s.
We call those "housing projects".
literally making my point for me.Posted on 4/1/22 at 5:54 pm to UAinSOUTHAL
Minimum wage was a racist policy passed by democrats.
It was designed to keep blacks from being hired.
It was designed to keep blacks from being hired.
Posted on 4/1/22 at 5:54 pm to UAinSOUTHAL
quote:
quote:
Minimum Wage: $14.39
Oof. You got that one wrong.
So... don't trust any other numbers.
Well actually federal minimum wage in 1970 was $1.45
In 2022 dollars that would be $9.94. Many if not most places will start you off over that or real damn close.
Posted on 4/1/22 at 5:58 pm to Loserman
quote:The fact this dumbass question was posed in this dumbass thread is telling.
What generation is Trump, Biden, McConnell, etc?
Posted on 4/1/22 at 5:58 pm to Loserman
quote:
Trump was barely a Boomer, born in 1946
And Obama barely was on the other end (my above post is wrong; he made the tail end). The idea that those two men share some defining characteristic because they were born within an arbitrary 18-20 year old span is asinine. I get that grouping the generations can be handy for certain things but it falls apart when you start talking individuals.
And all of it ignores the fact that all generations vote.
Posted on 4/1/22 at 6:10 pm to LSUFanHouston
quote:
For those of you hung up on min wage...
Use average income.
Today it's $51,480 so a factor of 5.47
That gets you a house of $128,272
That gets you a new car for $18,781.
You have completely ignored interest rates and financial math. This OP is awful at trying to prove whatever point you’re trying to make.
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