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re: This is why millennials are unhappy

Posted on 4/1/22 at 6:13 pm to
Posted by Rebel
Graceland
Member since Jan 2005
143669 posts
Posted on 4/1/22 at 6:13 pm to
Aren’t millennials living in their boomer parents basement drinking ten dollar cups of coffee and donating the rest of their money to some chick on Twitch hoping to see a nipple?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40954 posts
Posted on 4/1/22 at 6:16 pm to
quote:

You have completely ignored interest rates and financial math.

Yikes

You want to discuss the monthly

That’s a horrible way to discuss finances
Posted by Revelator
Member since Nov 2008
62072 posts
Posted on 4/1/22 at 6:17 pm to
I can understand that millennials have been dealt a bad hand and why they are frustrated, but it’s the modern generations that brought the woke culture on us which has in turn screwed up the society in ways which have caused both societal and monetary pain.
This post was edited on 4/1/22 at 6:22 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138492 posts
Posted on 4/1/22 at 6:18 pm to
quote:

So when that money is spent... you know it cycles down through the economy, right?
Posted by UncleFestersLegs
Member since Nov 2010
16878 posts
Posted on 4/1/22 at 6:20 pm to
quote:

Does anyone not get the concept of inflation.
I get the concept. I question why? Why is it currency being destroyed? We are printing trillions of dollars. Do you understand the effect that has on inflation????
Posted by baybeefeetz
Member since Sep 2009
32819 posts
Posted on 4/1/22 at 6:22 pm to
You act like somebody decided this. It’s the situation we find ourselves in. fricking deal.

Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 4/1/22 at 6:22 pm to
All of this crap is out of people’s hands. The globalist bankers are to blame for everything. It’s been downhill since 1914
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138492 posts
Posted on 4/1/22 at 6:22 pm to
quote:

For those of you hung up on min wage...

Use average income.
"Median income" is the term you're looking for.

¿comprende?

Posted by Philzilla2k
Member since Oct 2017
12736 posts
Posted on 4/1/22 at 6:23 pm to
Elections have consequences
Posted by Flats
Member since Jul 2019
28020 posts
Posted on 4/1/22 at 6:26 pm to
quote:

I can understand that millennials have been dealt a bad hand and why they are frustrated,


I do too, I just don't get the fetish of blaming it all on boomers. Millennials typically vote for policies and politicians that lead to the bad hand they're complaining about, but it's always somebody else's fault.
Posted by td01241
Savannah
Member since Nov 2012
29729 posts
Posted on 4/1/22 at 6:27 pm to
Pretty sure Mapping the Margins was published in 89 and Crenshaw damn sure isn’t a millennial. Younger people have always slanted left. Millennials were dealt the most insidious and terrible form of leftism this country has ever seen delivered to them because it was allowed to foster and grow by those that came before. This thread is retarded as hell but Millennials didn’t bring wokeness.
This post was edited on 4/1/22 at 6:30 pm
Posted by Azkiger
Member since Nov 2016
27956 posts
Posted on 4/1/22 at 6:30 pm to
quote:

New House - $80,902 (Where can you find anything other than a trailer, at that price?)


Less than 20% of homes in 1970 had central air, most still had outhouses.

Cars are a similar story of apples and oranges with a bevy of standard features that simply didn't exist in the 70s.
Posted by Taxing Authority
Houston
Member since Feb 2010
63248 posts
Posted on 4/1/22 at 6:32 pm to
quote:

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.


quote:
You have completely ignored interest rates and financial math.
Shouldn't even be using average income. Median is a much better measure, especially given the demographic changes (retirees, labor participation, single vs. two income families) between today and the past. Median would be a better measure, but it won't look as tilted as he'd like.
Posted by Revelator
Member since Nov 2008
62072 posts
Posted on 4/1/22 at 6:33 pm to
quote:

Millennials typically vote for policies and politicians that lead to the bad hand they're complaining about, but it's always somebody else's fault.


That’s what I said
Posted by Mo Jeaux
Member since Aug 2008
63472 posts
Posted on 4/1/22 at 6:35 pm to


Look at these millennials virtue signaling their wokeness.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25494 posts
Posted on 4/1/22 at 6:40 pm to
quote:

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.
Seems like marriage and dual income households are a must. Maybe bitches need to stay married and stop trying to be independent
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138492 posts
Posted on 4/1/22 at 6:42 pm to
quote:

Shouldn't even be using average income. Median is a much better measure
quote:

quote:

For those of you hung up on min wage...

Use average income.
"Median income" is the term you're looking for.

¿comprende?
Posted by Flats
Member since Jul 2019
28020 posts
Posted on 4/1/22 at 6:42 pm to
quote:

That’s what I said


I wasn't disagreeing, just adding commentary. They've embraced wokeness and that's partially responsible for the mess we're in but they've also embraced social spending and consistently vote for politicians that want to spend more and more and more. The OP complains about inflation but wants to ignore the fact that millennials voted for Sleepy Joe by close to 20 points. Trump wasn't great on spending either but his economy was worlds above this shite.

Posted by Taxing Authority
Houston
Member since Feb 2010
63248 posts
Posted on 4/1/22 at 6:45 pm to
quote:

I just don't get the fetish of blaming it all on boomers.
Classic scapegoating.
quote:

Millennials typically vote for policies and politicians that lead to the bad hand they're complaining about, but it's always somebody else's fault.
Almost every policy they want will inhibit their ability to accumulate wealth. But they've been taught that those policies will only effect "the rich". Never realizing that their wealth will be the real target. It's a numbers game, and they've been well programmed.
Posted by Taxing Authority
Houston
Member since Feb 2010
63248 posts
Posted on 4/1/22 at 6:47 pm to
quote:

NC_Tigah
I should have kept scrolling.
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