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re: When do Boomers take ANY accountability?

Posted on 7/26/26 at 7:06 am to
Posted by Victor R Franko
Member since Dec 2021
4884 posts
Posted on 7/26/26 at 7:06 am to
quote:

But my issue isn’t the end price. It’s the 6.5+ Interest Rate

Not ragging on you, but you're (or others in similar position) are going to have to find a way around the interest rate. This isn't a pull yourself up by bootstraps comment, just a reality check. Interest rates have historically been in the upper 7% range. I think cities allowing pre-fab homes for the more affordable move is a good start on bringing starter home costs down. There are some nice pre-fabs that can be anchored to slabs and are better built than on site stick build. Better quality control and final product. Not talking about mobile home type stuff.

**************************************************************

Since Freddie Mac began tracking 30-year fixed mortgage rates in April 1971, the long-term historical average has been approximately 7.70% to 7.74%.

Highest Rate: The all-time record high average was 18.63% in October 1981, driven by the Federal Reserve's aggressive efforts to combat late-1970s inflation.
Lowest Rate: The record low average was 2.65% in January 2021, resulting from Federal Reserve interventions during the COVID-19 pandemic.
Recent Trends: Rates surged from near 3% in 2021 to over 7% in 2023 due to inflation. As of July 2026, the average rate is approximately 6.58%, which remains below the five-decade historical average but is high compared to the 2010–2021 period.
Decadal Averages: The 1980s saw the highest decade average (approx. 12.70%), while the 2010s had the lowest (approx. 4.10%).
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
31966 posts
Posted on 7/26/26 at 8:56 am to
quote:

NC_Tigah


Why are you wasting your time? Midtiger farm either doesn't want to understand or is incapable of understanding.
Posted by Bass Tiger
Member since Oct 2014
56877 posts
Posted on 7/26/26 at 10:52 am to
quote:

NC_Tigah


Why are you wasting your time? Midtiger farm either doesn't want to understand or is incapable of understanding.


Rather than taking his bizarre concerns about Boomers and their accountability to his Boomer parents/grandparents or other Boomers he may know, he instead bleeds out regularly on the PT forum whining about Boomers. He's a weak arse kid looking to blame someone for his poor decisions and insecurities.

GROW THE FRICK UP!!!!!
Posted by Bass Tiger
Member since Oct 2014
56877 posts
Posted on 7/26/26 at 10:55 am to
quote:

What do you want them to do exactly?


1. Admit that they messed up a lot of policies
2. Vote like they want to leave the country better than when they inherited it, rather than voting on their selfish needs
3. Not sell their homes/futures/assets to the Blackrocks of the world, take a hit and sell to a growing family
4. Stop running for Political Positions. Boomers have no wisdom to offer.
5. Retire, and get some movement back into the workforce. Their inability to move on jammed up the general flow/promotion structure and halted progress.


This ^^^^^ post is going to make a good run at being the dumbest PT post of 2026.
Posted by Bass Tiger
Member since Oct 2014
56877 posts
Posted on 7/26/26 at 11:03 am to
[quote]A literal drop in the bucket compared to ss and medicare as far a national spending


Medicaid is like a trillion a year.

Edit: AI said north of 14 trillion over its lifetime. I dont think reaching 20 trillion, or half the debt, would be difficult by adding up all the ginmedat programs that are multigenerational and abused as hell.[/quote]

I think if you use Minnesota as an example of the scope of outright fraud/theft from US taxpayers it's not too far out there to believe in any given year the US taxpayer is being ripped to the tune of $300-500 billion annually. If the US government simply tightens the screws down on waste, fraud and abuse along with prosecuting the fraudsters, then I think it's possible to begin the reversal of the debt spiral....but it's likely not gonna happen.
Posted by Redbone
between St. Amant and Port Vincent
Member since Sep 2012
20738 posts
Posted on 7/26/26 at 11:05 am to
quote:

You could say the same about millennials and the Iraqi and afghan wars
The numbers don't compare.
Posted by Redbone
between St. Amant and Port Vincent
Member since Sep 2012
20738 posts
Posted on 7/26/26 at 11:13 am to
quote:

bout 12% of Americans 65 or older work full-time.
What % have continued in near 40 hr. week due to recent laws and what % is working on contract?

I know many have taken early retirement and went right back to their old jobs on contract.
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
141507 posts
Posted on 7/26/26 at 11:13 am to
quote:

Midtiger farm ... doesn't want to understand
Clearly.
But sometimes folks can be persuaded to do what they don't want to do.
Posted by Bass Tiger
Member since Oct 2014
56877 posts
Posted on 7/26/26 at 11:17 am to
quote:

bout 12% of Americans 65 or older work full-time.
What % have continued in near 40 hr. week due to recent laws and what % is working on contract?

I know many have taken early retirement and went right back to their old jobs on contract.


I know a lot of Boomers, all 8 of my siblings are Boomers, many of our friends are Boomers, none that I know of have retired and went back to work as contractors. I do know a few Boomers who are doing part time work to make ends meet.
This post was edited on 7/26/26 at 11:18 am
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
141507 posts
Posted on 7/26/26 at 11:22 am to
quote:

What % have continued in near 40 hr. week due to recent laws and what % is working on contract?
I believe it's in the link, and "full time" is defined simply as employment > 35hrs/wk.
Posted by Midtiger farm
Member since Nov 2014
6416 posts
Posted on 7/26/26 at 2:12 pm to
quote:


Rather than taking his bizarre concerns about Boomers and their accountability to his Boomer parents/grandparents or other Boomers he may know


how do you know I haven't

Also I didn't make the op
I came here to correct some falsehoods that you and others have spewed including NC tigah who thinks he a ss expert but about half of what he says is wrong
Posted by David_DJS
Member since Aug 2005
23068 posts
Posted on 7/26/26 at 4:53 pm to
quote:

This ^^^^^ post is going to make a good run at being the dumbest PT post of 2026

What's hilarious is lot of these guys self-identify as conservative.
Posted by Bass Tiger
Member since Oct 2014
56877 posts
Posted on 7/26/26 at 4:54 pm to
quote:

This ^^^^^ post is going to make a good run at being the dumbest PT post of 2026

What's hilarious is lot of these guys self-identify as conservative.


I'm not sure about them being conservatives but they damn sure are a buncha whiners.
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
141507 posts
Posted on 7/26/26 at 5:20 pm to
quote:

NC tigah who thinks he a ss expert
It is an interesting exchange.

NCT posts that, on arrival to DC, every penny of payroll tax is immediately converted to an IOU US Debt obligation to the SSTF, and then spent in the general fund.
Midtiger farm responds NCT knows nothing, that there is no money in the SSTF.

NCT posts SS will run at a deficit beginning in 2034 if the program is unaltered.
Midtiger farm responds it is a myth that Social Security cannot run a deficit.

Frankly, I think the "Boomer" BS has you so blinded you cannot assess that every counterfactual you offer is a confirmation of what I'm telling you.

-------

So let's narrow the discussion to your perception that silents, or "boomers," (or Gens X,Y, Z) are the beneficiaries of SS.

So let's focus on the horrible boomers, OK?

In early 1983, the Social Security system was on the verge of imminent financial failure. By late 1982, the Old-Age and Survivors Insurance (OASI) Trust Fund was hemorrhaging money and losing roughly $17,000 every minute.

Actuaries projected that the main trust fund would be insolvent by July 1983 (sound familiar?), at which point the federal government would have lacked the legal authority and liquid funds to issue full benefit checks to retirees and disabled Americans.

So Boomers got hit with the Social Security Amendments of 1983 to ensure the Greatest Generation, and Silents would receive payments they were expecting. It was a different day and time. There was no mass information. There was no Internet. Boomers were convinced it was their duty to ensure solvency of Social Security.

Nonetheless, SS payouts expanded massively (and erroneously) in the 1970's. (from 1972-77, COLA adjusted benefits were essentially double counted). As a result, where combined payroll tax in 1970 was 8.4%. The recalculated payroll tax rate for boomers turned into 12.4% ... a 150% increase.

As we face the 2034 SS challenge, what boomers were confronted with would be the equivalent of current combined payroll tax jumping 18%!!!
Can you imagine your payroll tax jumping 18% ???
Yet, your attitude is boomers somehow screwed you?

Could that not serve as the basis of reasonable reset in dialogue here?

---

Further, who do you assess as the beneficiary of SS in it's current form?
It "offers" a 3% GUARANTEED ROI to 20&30 somethings. What 20-30 something imbecile would voluntarily accept that "deal"?


This post was edited on 7/26/26 at 5:27 pm
Posted by bamafan1953
Member since Jul 2020
1259 posts
Posted on 7/26/26 at 7:20 pm to
I'm pretty sure I remember double digit interest rates we paid back in the '90s! 6.5 doesn't sound so bad!!! LOL
Posted by Midtiger farm
Member since Nov 2014
6416 posts
Posted on 7/26/26 at 7:31 pm to
quote:

hilarious is lot of these guys self-identify as conservative


Can you please show us the post where a non boomer posted non “conservative” ideology?
Posted by Sizzle_DAWG
Sanford Stadium
Member since Jan 2024
2433 posts
Posted on 7/26/26 at 7:44 pm to
quote:

Young people, including my daughter think they are entitled to free health care.


Then, who raised your daughter?
Posted by Sizzle_DAWG
Sanford Stadium
Member since Jan 2024
2433 posts
Posted on 7/26/26 at 7:49 pm to
quote:

You'll need to do some comparative research there.

LBJ, Carter, Clinton, Bush, Obama…
Pretty much sums it up.
The takeaway could be they were the most easily duped generation via the television and it’s propaganda.
Posted by Yeahright
On a big sphere out there.
Member since Sep 2018
2457 posts
Posted on 7/26/26 at 7:50 pm to
I'm sorry we have let you down BoogieWoogie. Now get back to cutting my grass..... LOL. It's a joke young man.
Posted by NC_Tigah
Spiced groves of ceaseless verdure
Member since Sep 2003
141507 posts
Posted on 7/27/26 at 5:22 am to
quote:

You'll need to do some comparative research there.
----
LBJ, Carter, Clinton, Bush, Obama…
Goodness!
When I said "comparative research," I meant actually looking stuff up.

When you attribute LBJ's election to boomers (the oldest boomers were just turning 18 in 1964), the assertion is so alarmingly stupid, it really doesn't warrant a response other than to acknowledge its ignorance.

Generational voting tendencies were detailed earlier in the thread. You obviously missed that as well. In summary, Boomers voted surprisingly more conservatively as a cohort than subsequent generations. Here is what AI (Gemini) says:
quote:

Tracking generational voting behavior all the way back to 1964 requires looking at how generations are defined, when they entered the electorate, and how pollsters (like the Pew Research Center and exit polls) measure their share of the vote over time.

Because official exit polls and major political science datasets track voters by age brackets (e.g., 18–29, 30–44) rather than rigid generational labels in real-time, historical data for generations before they existed as distinct political blocs must be reconstructed using cohort analysis. Furthermore, calculating the exact percentage of the total vote contributed by every single generation in every election since 1964 involves shifting demographic weights—older generations shrinking due to mortality, and younger generations expanding as they turn 18.

1. Generational Definitions & Electorate Entry Points
To understand who was voting when, here is when each generation became eligible:
Baby Boomers (born 1946–1964): Began turning 18 in 1964 and fully entered the electorate between 1964 and 1982.
Generation X (born 1965–1980): Began turning 18 in 1983 and fully entered the electorate between 1983 and 1998.
Millennials (born 1981–1996): Began turning 18 in 1999 and fully entered the electorate between 1999 and 2014.
Generation Z (born 1997–2012): Began turning 18 in 2015 and started voting en masse beginning with the 2016 and 2020 elections.

2. How Each Generation Voted When Eligible (The Political Leanings)
Generational voting patterns change over time due to "aging" (people often become more conservative or Republican as they acquire property, families, and wealth) and "generational imprint" (the formative political events experienced during youth).

Baby Boomers
When they were young (1970s–1980s): Contrary to the myth that all Boomers were radical 1960s hippies, young Boomers actually leaned relatively conservative in the late 1970s and 1980s (helping elect Ronald Reagan in 1980 and 1984).
Middle age to present: For decades, Boomers formed the backbone of the Republican voting coalition, though as they grew older, they split more evenly. In recent cycles (like 2020 and 2024), Boomers and the older Silent Generation leaned reliably Republican, giving a majority of their votes to Donald Trump.

Generation X
When they entered the electorate (Late 1980s–1990s): Gen X entered politics during the Reagan-Bush and Clinton eras and initially leaned distinctively conservative or independent-leaning Republican in their youth.
Maturity to present: Gen X has historically been one of the most politically "swing" or moderate generations. Over time, their preferences have drifted closer to parity, often splitting closely down the middle in presidential cycles, though leaning slightly Republican in midterms.

Millennials
When they entered the electorate (2000s–2010s): Millennials entered voting age during the George W. Bush administration, the Iraq War, and the 2008 Great Recession. This shaped them into the most heavily Democratic-leaning generation in modern American history.
Present: Unlike older generations who typically drift rightward as they age, Millennials have largely retained their progressive/Democratic alignment as they entered their 30s and 40s, though economic pressures have caused some margin narrowing with younger cohorts.

Generation Z
When they entered the electorate (2016–Present): Gen Z tracks closely with (or even slightly to the left of) Millennials on social issues, climate change, and the role of government.
Present: In presidential elections like 2020 and 2024, voters under 30 heavily favored Democratic candidates (roughly 60%+ for Democrats in 2020), though young men in Gen Z showed increased volatility and movement toward the GOP in 2024 compared to young women.
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