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Posted on 11/4/26 at 10:51 am to Upperdecker
quote:
The average 30-34 year old has a net worth including home equity of $63,826.
That's not what the St Louis Fed says.
Millennials and Gen Z are wealthier at 35 than boomers were using constant 2024 dollars
Baby Boomers $257,000
Generation X $283,000
Millennials / Gen Z $347,000
Posted on 11/4/26 at 10:52 am to Antonio Moss
quote:
The GOP is losing because the don't acknowledge and attempt to address the problem.
It’s not a problem for their donors.
Posted on 11/4/26 at 10:54 am to Antonio Moss
quote:
And now run the numbers when you account for the cost of housing, medical coverage, and education. The average adult under 35's disposable income has remained flat for over twenty years despite robust overall economic growth.
Why not look at everything?
Housing - compare apples to apples, so we're talking about a 1400 ft2 homes, not what the "median" is today.
What about food? Much, much cheaper today. In fact, did you know that food + housing as a percent of pretax income was higher in the early 1970's than they are now? Same is true for food + housing as a percent of total consumption - - - higher back in the day than today.
Medical coverage - again, compare apples to apples. In 1980 I had an ACL reconstructed. it cost $2700. Today you're looking at roughly $40K. Big spike, right? But we're talking about a completely different service today. ACL repair today is actually effective and fast - we have professional athletes coming back in less than a year with a joint stronger than it was before. An ACL rupture was the death knell for a professional athlete 50 years ago, see Gayle Sayers and others. You can argue that you'd rather not pay for the upgrade, but at a minimum you need to consider what it means to costs. The same thing is true for cancer treatments, joint replacements. heart procedures, etc.
Education is one that I agree with you on. We are getting less and less the more and more we spend. Ironically, that's largely because of the party young people turned all governments over to last night.
This post was edited on 11/4/26 at 10:55 am
Posted on 11/4/26 at 11:00 am to Jbird
quote:
quote:
Not go to war in Iran
That will certainly help the downtrodden demographic!
Who is being led to believe they might get drafted any day now?
Posted on 11/4/26 at 11:08 am to the808bass
Believe it was finished in October of 2025? LINK
Mobile has good bones for expansion, but was smaller in the last census than it was in the 1980's. It could grow significantly, as it has the space, already decent enough infrastructure and also a new rail facility inland at Montgomery. The things it is missing is a local company with excess capital looking for expansion with Mobile as its hub, but consistent investment over a few decades could produce something like that.
Mobile has good bones for expansion, but was smaller in the last census than it was in the 1980's. It could grow significantly, as it has the space, already decent enough infrastructure and also a new rail facility inland at Montgomery. The things it is missing is a local company with excess capital looking for expansion with Mobile as its hub, but consistent investment over a few decades could produce something like that.
Posted on 11/4/26 at 11:08 am to Antonio Moss
They should have just stayed home, Republicans were status quo, not helping but not tanking shite. Democrats will make it infinitely worse. But good luck to them.
Posted on 11/4/26 at 11:11 am to Antonio Moss
quote:
Biggest demographic swing last night. This group moved 35 points from right to left across the country. And the number one issue they voted on was lack of economic opportunity. I’ve been consistently saying that the GOP strategy of just ignoring the poor economic reality of adults under 35 was going to hurt them and it did, substantially, last night. This should be the primary audience that the GOP speaks to for the next 2-6 years. I also think everyone seriously underestimates what losing Charlie Kirk did to the Republican Party.
No amount of good economy in my opinion will change the fact that most of the people in that demographic have a huge college debt, entitlement mentality and unrealistic view of the real world!!
Posted on 11/4/26 at 11:14 am to theunknownknight
quote:
And you are pretty stupid if you think the average price of a house today is 210,000 dollars.
We were talking about how hard it was for me compared to other people today.
That house I bought, it still there. If you bought it today, it would be worth 210,000 per Zillow. It's still in a nice area and there are others priced in that area that are still for sale for about the same price. BUT it's still small, it's still basic, etc.
I think you are an illustration for exactly why there is a misguided belief that things are harder now than they were before. If the expectation is to come straight out of college or elsewhere and will be able to afford a $450,000 dollar house, that's nuts.
Considering the average you used $450,000 is 2.15 times higher than the current value of the same house I purchased. That would be like me trying to buy a $202,000 dollar house in 1997 and screaming because I couldn't afford it. Of course I couldn't afford it at the time, it would be too expensive. But also, I wouldn't have the expectation that I should be able to live there either.
I think where we are wrong is the expectation that people have now that they didn't have in the past. In the past, you started in a very small home that fit your budget, like I did. Everyone did that, that's why it wasn't as "Hard" as it is today.
Posted on 11/4/26 at 11:16 am to Antonio Moss
There are generations that HAVE to learn the hard way-it's a constant of human history. This is my children's generation-and although I love them and respect their strengths -this does not surprise me in the least. They have lurched so far to the Left-they are so ideologically possessed and so self-righteous in their highly feminized, Statist, woke demeanor-that this was inevitable. They are an exceedingly arrogant generation-convinced history started with them. So now having fricked around-they will find out.
I'm largely tuned out to the daily minutiae-focused as I am on historical trends and the psychology of Leftism-but I think the silver lining is that they get to experience the Find Out part, The old mugged by reality experience may be replaced with anally-gang raped by reality. This might be a very cruel and disappointing chapter in their lives.
I'm largely tuned out to the daily minutiae-focused as I am on historical trends and the psychology of Leftism-but I think the silver lining is that they get to experience the Find Out part, The old mugged by reality experience may be replaced with anally-gang raped by reality. This might be a very cruel and disappointing chapter in their lives.
Posted on 11/4/26 at 11:18 am to slackster
quote:
That group is tired of being told how good the economy is when their own reality is the opposite.
And a primary issue with many of them is they fail to realize they make their own reality to a large extent. They want what they want and only want to do what they want to get it….. I want a home but I want that home in the most expensive area and I only want to do a job I really like that doesn’t stress me to pay for it.
Posted on 11/4/26 at 11:20 am to Antonio Moss
Spencer Pratt with some really good analysis here:
I bolded the most important part of this for emphasis. The "adapt or die" part of this is what a lot of this board, and most of the right, hasn't grasped yet, IMO.
Messaging matters, especially to younger people. You can blow off social media and make fun of people for being chronically online by saying they need to touch grass all you want, or you can adapt your messaging to try and reach them.
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
We're in a new era of communication, and only one side seems to be living in it. The old guard consultant class is about to be relegated to the dustbin of history.
If you think that high prices lost the election for the right, you don't understand marketing. Humans have no problem paying a premium for a good quality brand. Notice the word "brand", not "product". Are Nikes better than New Balance? Nope. But the brand is better. And notice what happened when they tinkered with the brand and screwed their core narrative? Nike stock fell through the basement. Did the product change? Nope. The brand did.
It's not the product, it's the brand. Results don't sell the product, the storytelling does. Will these newly-elected commies lower prices? Of course not. Are they gonna get you free healthcare? No, your insurance is gonna get even worse, just like it did the last time they tried socialized medicine. They're not going to do anything they've sold you, but...like Saul Goodman said: if you're committed enough, you can make any story work.
The committed storytelling of a couple insane podcasters was enough to fracture an entire political coalition from their own side in less than 2 years...they have zero power, zero credibility, they've never actually governed anything nor produced any results, but...they're good storytellers, and that's all that matters. Are they telling a good story? No, it's atrocious, but they're telling their atrocious story effectively and compellingly.
It is 100% true that everything's too damn expensive, and we all know that inflated prices are always sticky. Does anyone know that it's entirely the result of shutting down the global economy over the flu and (both naive republicans and democrats) printing infinity dollars for several years? Nope...because nobody has effectively told that story, and it's an unsexy story to tell. "Free stuff!" is a VERY easy story to tell, and when everyone's gotta take out a second mortgage just to pay their insurance premiums, "free healthcare" is an unbeatable story. It doesn't matter that "free healthcare" doesn't exist and socialized medicine is a terrible product...it's not the product, it's the brand. And "FREE!" is a great brand.
You can't get mad at people for having the financial literacy of a 9 year old. I mean, you can, but they outnumber you a million to one, so it's not going to be productive. You need to figure out how to make an unsexy story sexy, or else the "free stuff!" crowd is going to eat your lunch every time. If you give people a choice between earning a six pack on a treadmill or taking Ozempic, they're gonna choose Ozempic...they don't care about the side effects. If you give people a choice between fiscal discipline or free stuff...guess what they'll pick? They don't care about the side effects.
With projected growth of 5%, the economy right now is stronger than it's been in generations. Is that the story you hear? Nope. Is that the vibe you feel? Absolutely not, especially when every time you fill up your gas tank, it feels like a diesel enema.
It's not the product, it's the brand. A great product can fall into oblivion with bad messaging...a single bad review from one effective storyteller can tank a restaurant. The "influencer economy" is lucrative for a reason; everybody inherently understands the importance of effective storytelling...except the right. Zohran Mamdani gets it...he has an army of influencers on staff. In a perfect metaphor of this transitional phase of old guard vs new wave political messaging, Zohran nuked the Vice President into oblivion with maybe the biggest ratio in the history of the internet. By simply posting the subway assistant meme, Mamdani got 2 MILLION likes, quoting a post from the VP that had only 10K likes. If you're reading that sentence thinking "this is fricking ridiculous, you're talking about social media likes as political analysis now?"...you are the problem.
Yes, this stuff matters. Rizz matters. The President did a masterful job of this kind of retail politics in his historic 2024 campaign...you can be angry that this is what politics has been reduced to, but you can either adapt or die.
"No the problem is, you didn't deliver enough for the American people!" Are you a moron? Since when does anybody care about that? What have democrats delivered for Californians in the last 20 years? Unmitigated wildfires, homeless drug zombies everywhere, roads that look like Fallujah in 2004...people don't care about results. They think they care about results. That want you to believe they care about results, just as Nike wants you to believe their shoes are better than New Balance...but at the end of the day, all people really care about is the swoosh.
Adapt or die.
I bolded the most important part of this for emphasis. The "adapt or die" part of this is what a lot of this board, and most of the right, hasn't grasped yet, IMO.
Messaging matters, especially to younger people. You can blow off social media and make fun of people for being chronically online by saying they need to touch grass all you want, or you can adapt your messaging to try and reach them.
This post was edited on 11/4/26 at 11:23 am
Posted on 11/4/26 at 11:50 am to Lee B
quote:
Who is being led to believe they might get drafted any day now?
First draft I heard about!Posted on 11/4/26 at 11:51 am to slackster
quote:
That group is tired of being told how good the economy is when their own reality is the opposite.
And I honestly can't blame them. The economy has been shite since covid and really never recovered.
Posted on 11/4/26 at 11:54 am to David_DJS
quote:
Why not look at everything?
Because the CPI measures a basket of goods that are split between things that people would consider essential and non-essential with very different baseline costs. It's a fine tool for measuring the very broad direction of overall inflation but doesn't really serve a purpose when looking at the economic reality of certain demographics. it doesn't take into account the effect of price increases on individual budgets
.
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