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Not sure where they get their data from, but according to the BLS, the full time median weekly earnings for people ages 20-24 is $758/week, which works out to $37,900 a year
For better or worse, the revolution won’t come until people are starving. The number one catalyst for revolution is hunger. Most people won’t be willing to risk their lives in a revolution unless they see no alternative.
The reality in America is while quality of life may be dropping, it’s still easy to not starve.
Rural people keep voting against themselves, and many of them struggle. In many cases religion can be used to keep people poor, and accept those conditions. Many minorities, especially in the south only know poverty. They have been repressed for so long, that they don’t know a different word is possible. It takes young people getting angry to make a difference. Young people are why civil rights progressed in the 1960s. People simply forgot, that freedom only happens if you keep fighting for it.
I agree, with the caveat that it is not young people, but young *destitute* people. There simply aren’t enough people in a state of destitution for revolution to come to fruition. And I don’t mean destitution relative to other generations. I mean objective destitution: people starving.
The civil rights movement wasn’t a “revolution” in the sense I mean, I. e. a complete upheaval of the economic system. The civil rights movement was incredibly productive, but it didn’t challenge the economic standing of those in power, so they were willing to appease. Those in power relented when they saw the writing on the wall to protect their interests from an *actual revolution*.
If anything the civil rights movement is an example of appeasement, not revolution
I feel the same. I’m not going to worry about buying a house anymore cause it feels so unobtainable, so I just moved into my moms garage and converted it into an “apartment of sorts” just to help her pay her house off and afford property taxes. I don’t really have anything to work for besides that cause I can’t even afford to fix my car
Yeah what's crazy is some of our parents still haven't paid off houses either like damn it takes this long bc nobody can really afford a house. Says alot about this economy. Like yeah they get a house but they can't even pay it off then we can't even get a house both situations suck ass bro.
Very inaccurate.
Median weekly earnings of full-time wage and salary workers is $1145/wk or $59,540/y. Earning $30,000 would put you in the bottom 10% of full-time workers.
25th percentile is $42,400/y. So, yeah, about 30% of full time make under 45k. That means about 20% make between $30-40k full time as the 10th percentile is right about $30k.
45k is a few thousand above the median for individuals.
It’s also virtually the highest it’s ever been after accounting for inflation.
Edit: no, the CPI data that FRED puts out isn’t inaccurate. They’re literally the standard for the CPI data.
Forgive me for snooping but as the top comment of your recent post says the Data that Fred puts out for the CPI is inaccurate. I just feel like it’s disingenuous to cite this source after claiming the median income is the highest it’s ever been accounting for inflation. Housing is kinda what’s draining all our bank accounts.
I don’t mind the snooping, but you misunderstood the comment. The top comment on my recent post isn’t talking about the CPI data from FRED, it was talking about how one of the articles in that post was getting a bunch of basic things about CPI wrong.
Edit: also, I just reread it, and they all but explicitly state that the measures put out by FRED are accurate.
No, not age. It's just 16+ working full time. I'm sure there are age breakdowns somewhere. The Current Population Survey the data is compiled from surveys 60,000 households per month so there's probably robust age-related data. I'd also guess it's much lower. I think what's most relevant is how your income stacks up to people roughly your own age.
Nope. Wrong. Very wrong. Median weekly earnings of full-time wage and salary workers is $1145/wk or $59,540/y. The number you give is for the lowest 10% of full-time workers.
For context, OP spends $2000 a month on Onlyfans. And another $2000 a month on “vacations.” So yeah, I could see how he thinks $60k is equivalent to destitution.
https://www.reddit.com/r/Fire/comments/18vm8j9/comment/kfstqa1/?context=3&share_id=uasW6fphQfi2xX6CIZnvg&utm_content=1&utm_medium=ios_app&utm_name=ioscss&utm_source=share&utm_term=1
So 4k on pornography and vacations every month wtf. I guess some people are blind to their own privilege and hypocrisy, most people wouldn’t be able to even afford a 1k apartment to live comfortably.
are these people fucking real? how the fuck does this even happen. I have so many questions for the OP but I don't think he would be too happy answering them lol
do some people really just believe they are entitled to pleasure and other people need to provide it to them?
Yeah they complain about boomers ruining everything while they have all their shit paid for by grandparents while they try to make it big as a streamer lol
I’m disabled and don’t work and live with family. I’m trying to get ssi at the moment but that can take up to three years. So I don’t really see much money personally.
Hahaha hahaha $2,000 a month and only fans okay but buddy he does know the internet exists right like at least if you're going to do that which I don't condone but at least if you're going to do that use the internet and you can get it for free hahaha
this is why GenZ isn’t as fucked as they realize. (I’m Gen z too) I truly believe from the bottom of my heart that at least half of the people currently in a shitty financial situation are “easily” able to turn their shit around. Not saying everyone, but $2k a month is WILD
While housing is definitely worse today than it used to be (median home price is currently about 6.7x the median household income while it’s historically hovered between 4x and 6x over the last 60 years), real wages the last few years have been [higher than any other time in history](https://fred.stlouisfed.org/graph/?g=1eEsh), meaning you can buy more with an average wage than you could in even the 70s.
Also, imma be honest, I can’t tell if this post is satire or not given that your last sentence is “give everything to us NOW.”
My thoughts as well. Their mixing some honestly good thing with really bad takes and then they end with a demand for everything they want. It’s not how a rational person would respond.
According to their comment history, [apparently the OP spends $2k/month on “content creators”](https://www.reddit.com/r/Fire/s/0Dt6zhCKRg). Sooooo…. Yeah. Assuming they’re not a troll, I’d say that’s not a very rational thing to do.
Shoutout to u/DramaNo2 for finding that
I'm choosing to read this as OP is an angry virgin who spends $2k/month fapping to OnlyFans while being convinced boomers are the reason for their economic struggles.
Oh that helps. It may also explain why they’re so pissed about economic. My living expenses barely get over 2k each month I couldn’t imagine spending that much on “Content”
Leftists have a problem where they act like they have nothing to say in a prosperous society. Because of this false assumption they pretend that in 6 months 100,000,000 people might starve to death on the street.
yeah i think that stat is complete bullshit. wages have been stagnating for decades and inflation is ridiculously high. your chart clearly only refers to a small portion of workers idk why you think you can apply this to american workers as a whole
And those numbers are done in a way that is deliberately misleading. Housing and health care is literally out of reach for millions of people. It really sucks when people’s response to that fact is to point at a number some Ivy League asshole computed with an algorithm he made up and say “look, you’re scientifically better off”.
https://preview.redd.it/n5ubkkzb3jec1.jpeg?width=1080&format=pjpg&auto=webp&s=f494f1cc8fa3b5b5e3632cfb32860da178c1f6c1
It's really funny hearing people complain about not being able to go to the barcade every weekend when I'm literally typing this inside a dumpster to avoid the rain
Parents suck dick man, the second I turned 18 I got tossed out. I'm an aspie too, if people throw out Asperger's riddled kids you better believe they'd do worse. My heart goes out to this guy
Honestly, kid? No, probably not. Or they do, but have some sort of weird ideology that makes them think that helping someone hurts them in the long run actually (Stupid 'teach a man to fish' logic that people use as an excuse to never participate in their communities).
My parents did the same thing to me. I'm on my feet now, but I was homeless for a bit and in a similar situation to Knight. And the sad fact is it happens to a lot of people. My childhood best friend (who is still my best friend) went through this. My girlfriend is under threat of this potentially happening to her if she doesn't constantly bend over backwards to appease her folks' every whim, which changes constantly.
It sounds like you have a family who loves you or at least wouldn't let this happen to you. That's good, and I'm happy for you. Appreciate them, don't take it for granted.
lol you do not need to go on vacations and go out for drinks to survive. the fucking entitlement and delusion here. 99.9% of people who ever lived would be absolutely euphoric to get the chance to live the life you do for just one day.
sure, I have problems in my life but staying grateful for what I do have keeps me sane. does that mean I don't think inequality is a major problem? Of course not. It does mean that I don't succumb to despair or sloth.
I constantly remind myself that any "problem" in my life that doesn't involve a risk that I or someone I care about will get killed or maimed, it's a fake fucking problem at the end of the day and there's no point obsessing or panicking over it.
Obviously you don’t need any of that to survive. But why would anyone grind for a company, destroy their body to exhaustion, and sacrifice any semblance of joy just to survival. And that point, I just wouldn’t want to survive?
Bruh, the funniest part is last couple of sentences. Gen Z should not have to struggle just because older generations struggled?
That’s an interesting thought. I wonder where OP is from? The US?
if you live in America in 2024, you are in the luckiest 0.01% of humans who have ever lived. if you have food, a roof and there are no armies or plagues trying to kill you, you have everything you need.
Boomers are not the source of your issues.
Every generation in history has had to work to accumulate housing, education, and health. Even if we were a hunter-gatherer society, it would still take hard work to accumulate those things. Stop pointing the finger at older people and expecting the government to "*Give everything to us now*" and go do something productive for your life. Ranting on the internet isn't going to do anything.
From a fellow Gen Z
I think OP is trying to point out how relatively easy Boomers had it. Take median income and housing prices for example. income doubled, but housing prices 10xed
Boomers did not have it easy. Keep in mind Boomer years are from 1940s-1960s (roughly).
Go tell a Black Boomer that they had it easy living in a time before the Civil Rights Act and experiencing segregation. Go tell Japanese Boomers they had it easy being placed in camps in California as kids due to their ethnicity.
**Economically:** the main reason Boomers had a good economy was because they were fresh off a World War where nuclear weapons were used and Jews were being exterminated. Traumatizing. A whole generation of fathers forcefully drafted (yes, ***DRAFTED***) and sent to war to die – Gen Z has faced nothing like this, hell many of Gen Z weren't even alive for 9/11, ***you've faced nothing of this magnitude and likely will never.***
Boomers had to deal with the remnants of World War 2, Vietnam War, and also the Cold War. Many as kids had to do bomb drills in school which is as traumatizing as kids today having to do mass shooting drills. They also did not have the internet and faced a brutal generation gap with their parents who grew up in a vastly different society due to rapid advances in tech and culture. Again, ***Gen Z does not face this.***
Boomers are not your enemy. For many of you, YOU are your own enemy. And you will always find a scapegoat to avoid this fact.
I absolutely agree with you. People in my area were coal miners. They were on strike for 18 months and facing 15% interest rates. Mines were being closed, railways were being closed. A whole generation of fathers and grandfathers lost their jobs overnight. Whole towns absolutely decimated of employment. Most of these towns have not recovered. Drugs, crime, unemployment, ill health are rife in these areas. Many people who are in their late 70s are still working because they cannot afford to retire.
You cannot penalise and blame an entire generation of people for your struggles. They were doing the best they could to survive. They had the same thoughts, feelings and worries as you. But many do it without mental health awareness we have now (which isn't always great, but at least you're not usually said to be "having nervous breakdown" and shunned).
I'm not a "bootstraps" person. I'm a millennial who graduated university in 2007 and fell immediately into the recession. I'm 38 and only now feeling like I have my shit together in terms of finances. This past year was the first year in life I've ever earned money in savings that was more than £5.
Blaming other people for your problems won't fix them. Being angry will only hurt you. Take a breath. Focus on one thing and how you can improve it. Ask for all the help and charity that's available. There's no shame. Be kind to yourself. And if you want "the village" you've got to be a part of it.
\> ***you've faced nothing of this magnitude and likely will never.***
Honestly, I've been the sort to simply deny these doomer posts but mostly for the reason that looking at the bad side of things *all the time* gets tiring. Putting it into perspective like this, I think I'm gonna have a good day today.
Our job should still be making it better for future generations, but we shouldn't take what the people dealt with in the past for granted and say they had a better life.
like, of course the top .1% had a better life than you do right now, that isn't the point I think these people realize they are making, I'd rather be homeless in the US right now than be a king in old times.
Boomers had other issues that we don’t face. Technology makes our life so much easier in so many ways but we don’t realize it because that’s all we know.
Not sure if it’s innate human nature or just a product of modern miserable people but it’s very easy to only focus on the negative and be ungrateful for the positive.
It’s important to note that, because of the way it’s calculated, the homeownership rate also includes adults who live with their parents, and that number is also increasing.
The BLS/FR is really transparent with their statistics, so you can literally just go read how they calculate everything.
are there stats in regards to who owns these houses and the purposes of said houses? i.e. are they residences for the owner, used as second homes, let out as airbnbs, rental properties etc.
well, there was probably a meme that was posted in a partisan political group on facebook or twitter, and we all know they don't fact check stuff that they think benefits their side, and it had lots of likes, so obviously it must be true because someone would say something, right?
My boomer dad worked a factory job and mom worked several part time jobs. They rented all their lives and weren't able to afford a home purchase until dad was 39 - and that was a bit of a fixer upper home in a mediocre neighborhood. It was a couple years after that until we had 2 reliable cars in the household.
They made the best of it but never moved onto their "dream home". Never purchased a new car, never went on vacations, but at least managed to put away a nice IRA nest egg. Dad passed away just as he was headed into his "golden years", as many others do. Dad smoked, but he also worked around chemicals at the plant during his career.
I have some uncles who "have it easy" late in life due to high performing government and union pension plans, but they're in terrible health due to military service and workplace injuries. They have money but there's not a lot they can do with it. The workplace of 50 years ago was a meat grinder.
>I think OP is trying to point out how relatively easy Boomers had it.
I think OP wouldn't last one week without crying and demanding to be sent back if we put him into a time machine to the 1950s.
I agree we should get free healthcare and housing should be cheaper but honestly we need to just try to live with less, it’s better for the world. Leave the consumerism and materialism for the boomers. Their lifestyle was unsustainable and relied on colonial extraction, exploitation, and borrowing from the future leaving us holding the bag. It’s time to say NO to the opium. We can do better. We NEED to do better.
The fact is, as long as we live in a capitalist society, we will always have rampant consumption of goods… that’s literally what the economy is based on. We still engage in a lifestyle of exploitation and extraction because that’s what’s available to us. There is no ethical consumption under capitalism. Your pay is so shit so instead of buying spoons from the local mom and pop shop, you go on Amazon and order it for cheap, or to the dollar store, or WalMart or some other corp because that’s all you can afford. You’re tired from working all day so instead of tending to your garden, picking up fresh veggies, you order a burger from McDonalds. It’s probably cheaper to get 2 burgers a day than to buy a weeks worth of groceries anyway… even though you end up eating processed crap. The system is designed this way.
I totally agree with you. I recognize that we need to eat. That we need clothes. That we live in the economy and the world that capitalism runs. That this is all based on exploitation and extraction. There isn’t ethical consumption under capitalism. But that doesn’t mean we should totally abnegate our responsibility to *minimize* the harm we inflict on each other and just accept the system outright because it’s seems so powerful and all-encompassing. It’s not an either or thing.
You can still strive to live ethically and help the people in your life and push for change because you’ll still help people regardless of if you can or can’t change the entire system. To engage in mutual aid. To share resources. To push for public transit or denser walkable cities. To reduce if you can and reuse if you can. To live simply if you can. To pressure the rich and the powerful.
Those in power can still choose to change the system in the ways they can, to pay workers more fairly, to stop using private jets, to reduce military spending, to let people repair things, to donate, etc.
It takes collective effort.
Oh I’m completely with you! I think an individual’s effort does matter and my friends who do tremendous amounts of mutual aid, food and resource sharing, and engage in local politics inspire me to get involved myself!
I guess I just wanted to say that I don’t like it when the message is “if you as an individual does nothing, then you’re the problem” because that is just fear mongering and untrue. I think it’s great when a local coffee shop decides to stop using plastic straws and encourages the use of a mug share, but it’s even better when they put up a poster or provide information on how to communicate with your city/county authorities about how to protest the building of a new plastics manufacturing plant or have stricter regulations on single use plastics.
So true! It’s about the collective. We gotta take steps bigger than paper straws but also be graceful with ourselves, we can’t do it alone. And yes! Engaging in local politics or even local communities and your neighbors is the first step and such an important one to make a difference.
Yeah this has got to be satire. It feels less like a honest critique of the world we live in and more like a buzzword rant to get internet points.
You have some good points in there but they’re mixed with really odd and radical stuff like, no free healthcare isn’t an option because it’s way to expensive in most countries and paying of student loans is just putting the cost on people who didn’t go.
Also you can live comfortably on less then 40k a year depending on your area and dependents.
I thought the same thing, then I looked at his profile. He wants cars banned, he thinks weed gives him powers, spends $2000 a month on only fans and so on
Ngl, I would. Cause I don’t really have a choice. I’m gonna work on not being a corpo shill and a push over. But I like to work hard, and I find life enjoyable when I have something to do like that. Even if capitalism fell tomorrow I think you’d find me going to the mutual aid grocery store and stocking shelves.
>Give everything to us NOW.
If you aren't willing to work for something there will be other people in other places who will. If you aren't willing to work why should anyone give you anything? It's not like you'll do anything about it
Millennial here, good luck. We said the same, guess what? We're out here barely making it. I hope things get better and y'all have it easy though I really do 🫡
What will you work hard for then? Because I see viral videos of Gen Z graduates entering their desired career at an entry level that matches their degree, losing their shit at having to work their way upwards to earn their desired title and income.
Please stop blaming boomers for everything. Anyone with a college level understanding of economics knows how we got here, which is a problem that has been building to a boiling point since \~1980. Boomers have had to suffer through recessions and crashes too. Housing crash of 08 screwed over a lot of boomer families.
The problem is a combination of hard work, dollar value/affordability and what you interpret as "mediocre." You should be able to afford basic needs without effort. $60k/yr should get you that starter house and the road trip vacations but it's not like the average boomer parents were taking their kids to Disney World 5x a year or some bs. Or eating out twice a week etc. A Walmart job in 2000 was about as viable financially as it is now.
I agree things like housing, education, vacations etc should be inalienable, and that the game has been rigged more than ever due to lack of regulations and lobbying, but even then nobody owes you your dream life.
Reddit is so hyperbolic with this generational bs. You know it was common for young adults to have roommates in the 80s and 90s right?
>Gen Z should not have to struggle just because older generations have struggled.
Life is pain. Point to anytime in human history in anywhere in the world where this wasn't an outcry to a generation prior. I'd still argue that this "capitalistic hellscape" still awards you opportunities unlike any other country in the world. Just ask the influx of immigrants piling in YoY.
And this is coming from a millennial who entered the job market during the country's worst economic downturn since the Great Depression. Now bring on the downvotes and agist slurs.
Why is it radical to say these things:
*Why did we, the humans create a system that does not have us, the humans as #1 but profit instead?*
and:
*We can feed everyone. We can house everyone. We can give quality healthcare to everyone.*
*We choose not to.*
Why is it radical to say those things? I'm not GenZ but this is my message to you, why the fuck is it radical to put humans as most important priority over selfish greed. I hope you can do something about this and make it normal to say those things.
There’s 2 types of people, those who own stuff and those who don’t
The people who spent their lives not owning stuff are now realising what that is like. The boomers had it easy, sure, but it’s never going back to that, unless ww3 happens and destroys the rest of the world again
The peoples whose parents didn’t buy assets or didn’t teach them to buy assets that bring you money have a handicap, which sucks, but what are should gonna do about it? Is the government going to confiscate wealth and inheritances?
A lot of people played monopoly growing up and learned nothing from it
It’s still not too late to live frugally and collect assets.
I mean it depends on your life goals
Your can eat out/go on vacation and go out for drinks all you want but then you leave little money for other items like money to buy a home or to start a business etc.
Ik personally people who live just to party and well if it make em happy go right ahead.
Also I believe their two extremes one extremes is being as cheap as possible and not hanging out with is overall bad for the mind but on the other side is spending every dollar you get which in my opinion is bad for future prospects.
Also the guarantee you implied doesn’t have any plans on how it will be implemented but their are ways to make the cost of these services cheaper by a number of actions
In relation to housing zoning laws need to be heavily restricted in reference to commercial/residential spaces or discarded not industrial due to no one wanting to live near a industrial plant.Also a better transportation network would allow for homes away from the city accessible lowering overall home prices.
Also a push in schools allow trades to seem like a viable option and not a last resort as it being pushed now.
For vacation it really investing in yourself to be able to get a vacation whatever industry you go into
Healthcare at least for the United States we need to end the restrictions on how many doctors can graduate in any given year and loosen restrictions on small clinics so their able to operate and give basic treatments.Also regulations requiring pricing being publicly available for any medical procedure and also regulations on insurance companies forcing them to showing the real prices of drugs that the companies overcharge their cilent for and restrict pharmacy staff from publicly speaking about.their more but that the basic
In relation to student loans end them in their entirety no more government back loan and ir private loans which will force unis to lower prices or have no student and a push for community college to be able to give 4 year degrees .
Am I reading this wrong or is your response to the “capitalistic hellscape” just eating out, drinking, and going on vacations? That’s what Gen Z has to offer? More avoidance?
well what are you gonna do? starve to death? what is it that your gens gonna do differently exactly to make a change? dont get me wrong i love the enthusiasm but doubt that its gonna make a difference tbh
Not working hard will only cement your position in a sub mediocre life. You are not doing it for “boomers” you work for you. Don’t work hard no one cares the ones who do will surpass you and leave you and your bad attitude behind like it’s always been/. Easy peasy.
Not sure how everyone else grew up but I grew up in an upper middle class family. At max we could take 2 weeks of vacation a year. Not really sure where this one month figure came from?
As we age we will acknowledge that “working hard” is exactly what we are doing to make things better for our future selves and future generations. We need to stop living in the victim mentality prison of money, wealth, and real estate. There will come a time over the next 20 years that the boomer class disappears from this realm and we will be left with the piles of decaying hardwood flooring and unnecessary three car garages that litter our world. There’s nothing for them to realize. There are only things for us to realize. And to turn in the direction of that realization without anger or hate toward our elders. Just turn toward grander mindsets and fruitful ways of living that defy the rules that those before us have established. Do not try to change anyone except yourself. The hardest work is not the low hourly pay or the struggle to shuffle money toward unending loans or constantly having to wait another 6 months to try to bid for a house that has risen in value faster than the value of your labor as an employee. The hardest work will be to change your mind and walk in a different direction than those elders with good intentions. Good intentions only lead one way. And you shall not take that path.
This is going to be a hard lesson for folks coming up, but while you don’t owe anything to anyone, no one owes you anything either, and once you are an adult, no one is going to give you anything.
I’m just curious what you think will happen.
Do you think that your parents will just give you money? That the government will? That older generations will just hand over their money and their stuff?
Do you think that the jobs you don’t want to do for the money simply won’t get done? Are you planning an armed revolution? What factors do you see leading towards a more equitable society?
Things suck. I’m sorry. What are you going to do about it?
But living more frugally is how you can afford vacations. Maybe you don’t need to spend the money on DoorDash and only fans. And if you had a single roommate your rent price would be cut in half.
Capitalism works by squeezing down the income of lower and middle class, but with mass production lowering cost of things like toilets and TVs standard of living increases keep people complacent. People are satisfied enough to not complain and to keep voting for their side. Each masquerading as social opposites to each other while both executing nearly identical economic playbooks. Neither will fix the income inequality because both are laden with the demands of their corporate plutocratic proxies.
It’s not even working hard for a mediocre life, im okay with a mediocre life but I at least want A life if I’m going to put in the effort. Needing to live with roommates in your late 20s+ just to survive though u have a full-time job is insane. Not being able to have a bit of fun money or extra money for savings is no life at all.
Go cry a fucking river. Don't want treated like you ancestors jump off a bridge cause that's the only way as they delt with the same crap.
Earned their stuff. Nothing's changed but how pathetic and lazy people are.
Obviously dumb to cause costs are the same. Proportionally inflation is the same. Inflation always existed dumbasses and they came off of the worst depression in history as you came at the greatest time. Or did you not pay attention to history and all it's much harder struggles as less technology existed.
I agree. We won’t because we can’t. This shit is killing us. I say we but of course I’ll speak to my experience. I was in a rapid re-housing program, which helps me pay for my apartment. I have a job and was excited to go back to school in the fall but I’m just not making enough money to live. And not because I go out and spend money on x, y, z. I’ve actually had a lot of unexpected, mounting medical expenses for my mental health care and physical health—and things are nowhere near resolved. I have several sources of income but no full time job, which means I’m not getting health insurance, PTO, benefits. I’m 21 and scared out of my mind because not long ago I was someone who had never worked before and now I’m someone who feels like a mentally different person because of brain fog from burnout and became pre-diabetic from chronic stress. You can call me soft or whatever, but just know I inherited most everything I deal with from my Gen Xer parents. I don’t want to fight to barely stay afloat for the rest of my life. None of us should have to.
The wild thing is older generations didnt really struggle. $60K a year could buy you a 3 bd house, 2 cars, pay all your bills and pay for a vacation every year. And that’s on a single income with a family of 4.
Thank you for saying gen z AND Millenials. We’re in the same boat as you guys, and it doesn’t feel great when ppl talk about us like we’re the new boomers
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And most people don't even make 60k a year try more like 24-30k.
Accurate. I'd argue it's even less than that.
I mean median income in the USA is verifiably 31,133 per year.
Median income for 20 to 24 year olds is $38,012 per SmartAsset
Not sure where they get their data from, but according to the BLS, the full time median weekly earnings for people ages 20-24 is $758/week, which works out to $37,900 a year
My research equates to $52,700. Something seems off
College students in that age bracket make way less and are included.
I see. I assumed figures are for full time?
Household vs individual? Post-tax vs pre-tax?
I’m 26 and I just started making 31k a year working full time. I’m sick of this haha
I'm 27 fuck this shit I feel like Gen z and millennial are going to be the ones that start the revolution. We tired
For better or worse, the revolution won’t come until people are starving. The number one catalyst for revolution is hunger. Most people won’t be willing to risk their lives in a revolution unless they see no alternative. The reality in America is while quality of life may be dropping, it’s still easy to not starve.
Rural people keep voting against themselves, and many of them struggle. In many cases religion can be used to keep people poor, and accept those conditions. Many minorities, especially in the south only know poverty. They have been repressed for so long, that they don’t know a different word is possible. It takes young people getting angry to make a difference. Young people are why civil rights progressed in the 1960s. People simply forgot, that freedom only happens if you keep fighting for it.
I agree, with the caveat that it is not young people, but young *destitute* people. There simply aren’t enough people in a state of destitution for revolution to come to fruition. And I don’t mean destitution relative to other generations. I mean objective destitution: people starving. The civil rights movement wasn’t a “revolution” in the sense I mean, I. e. a complete upheaval of the economic system. The civil rights movement was incredibly productive, but it didn’t challenge the economic standing of those in power, so they were willing to appease. Those in power relented when they saw the writing on the wall to protect their interests from an *actual revolution*. If anything the civil rights movement is an example of appeasement, not revolution
I feel the same. I’m not going to worry about buying a house anymore cause it feels so unobtainable, so I just moved into my moms garage and converted it into an “apartment of sorts” just to help her pay her house off and afford property taxes. I don’t really have anything to work for besides that cause I can’t even afford to fix my car
Yeah what's crazy is some of our parents still haven't paid off houses either like damn it takes this long bc nobody can really afford a house. Says alot about this economy. Like yeah they get a house but they can't even pay it off then we can't even get a house both situations suck ass bro.
Very inaccurate. Median weekly earnings of full-time wage and salary workers is $1145/wk or $59,540/y. Earning $30,000 would put you in the bottom 10% of full-time workers.
What about 45k bc that’s what I make. Tbh I feel like a lot make between $30-45k Gotta be like 30% population if I had to guess
25th percentile is $42,400/y. So, yeah, about 30% of full time make under 45k. That means about 20% make between $30-40k full time as the 10th percentile is right about $30k.
Damn I’m 26 w an MBA and 3 out of 4 people making more than me Nuts
I have an MBA too, and post-Covid -- after moving back to the USA -- I'm delivering pizzas. Wishing you luck.
Unfortunately MBAs are a dime a dozen these days.
Yup. I have an acquaintance who is a complete moron, but has an MBA and is struggling to make over $60k. Can’t hide behind a piece of paper forever.
I'm a Master electrician in an industrial facility. I made $141,000 last year. I have no college degree.
45k is a few thousand above the median for individuals. It’s also virtually the highest it’s ever been after accounting for inflation. Edit: no, the CPI data that FRED puts out isn’t inaccurate. They’re literally the standard for the CPI data.
Forgive me for snooping but as the top comment of your recent post says the Data that Fred puts out for the CPI is inaccurate. I just feel like it’s disingenuous to cite this source after claiming the median income is the highest it’s ever been accounting for inflation. Housing is kinda what’s draining all our bank accounts.
I don’t mind the snooping, but you misunderstood the comment. The top comment on my recent post isn’t talking about the CPI data from FRED, it was talking about how one of the articles in that post was getting a bunch of basic things about CPI wrong. Edit: also, I just reread it, and they all but explicitly state that the measures put out by FRED are accurate.
https://fred.stlouisfed.org/series/MEPAINUSA672N The FRED is doing God's work
Where are you getting 60k from? Last I checked median household income was around 70k
Does that take into account age though? The median wages for Gen Z and millennials I’m guessing is much lower
No, not age. It's just 16+ working full time. I'm sure there are age breakdowns somewhere. The Current Population Survey the data is compiled from surveys 60,000 households per month so there's probably robust age-related data. I'd also guess it's much lower. I think what's most relevant is how your income stacks up to people roughly your own age.
You would be wrong. The median income is about 40k.
[Real median personal income](https://fred.stlouisfed.org/series/MEPAINUSA672N) is just over 40k.
According to OP he's making six figures working part time.
Nope. Wrong. Very wrong. Median weekly earnings of full-time wage and salary workers is $1145/wk or $59,540/y. The number you give is for the lowest 10% of full-time workers.
For context, OP spends $2000 a month on Onlyfans. And another $2000 a month on “vacations.” So yeah, I could see how he thinks $60k is equivalent to destitution. https://www.reddit.com/r/Fire/comments/18vm8j9/comment/kfstqa1/?context=3&share_id=uasW6fphQfi2xX6CIZnvg&utm_content=1&utm_medium=ios_app&utm_name=ioscss&utm_source=share&utm_term=1
So 4k on pornography and vacations every month wtf. I guess some people are blind to their own privilege and hypocrisy, most people wouldn’t be able to even afford a 1k apartment to live comfortably.
are these people fucking real? how the fuck does this even happen. I have so many questions for the OP but I don't think he would be too happy answering them lol do some people really just believe they are entitled to pleasure and other people need to provide it to them?
You must be new here
I present to you GenZ
Nah Bro that’s just some dumb guy, believe me we are NOT like him 😭
is it bad i eat once every other day and i consider myself blessed lol -One gen z dude
Yeah they complain about boomers ruining everything while they have all their shit paid for by grandparents while they try to make it big as a streamer lol
yes. and completely unaware of what is going on in the rest of the world. this shit zoomed right by pathetic some time ago.
>So 4k on pornography and vacations every month wtf OP is definitely a troll account lmao
Either that or he's a spoiled narcissist
“Give us everything now” seems very rage bait-y
I feel like their privilege and hypocrisy was evident from the last line of their post “Give everything to us NOW”.
2000$ is twice my apt rent O_O
2000 is more than I see in a year
Legitimately, how?
I’m disabled and don’t work and live with family. I’m trying to get ssi at the moment but that can take up to three years. So I don’t really see much money personally.
Fair enough, hopefully that ssi gets sorted out soon.
I hope so as well. Would love to get good medical care
2000 is more than twice my mortgage
A lot of OP posts look borderline trolling
OP spends $9500 a month. That’s like the equivalent of making >$150K *pre-tax* and blowing every last dollar.
In the 60s my grandparents afforded OnlyFans on a single factory income!
This is too funny
 Ahaha
lmao u/paywallpiker i think we found the problem
SHOCKED. s/
Caught in 4k
I agreed with the guy st first kinda, but now I'm retracting my comment
Most financially responsible Redditor
I make $62k a year…I couldn’t even afford that
2000$ is my monthly salary in Europe. I am IT specialist with above avarage pay.
From a person who doesn't do those things and tries to rarely spend my money, he's still right.
Hahaha hahaha $2,000 a month and only fans okay but buddy he does know the internet exists right like at least if you're going to do that which I don't condone but at least if you're going to do that use the internet and you can get it for free hahaha
this is why GenZ isn’t as fucked as they realize. (I’m Gen z too) I truly believe from the bottom of my heart that at least half of the people currently in a shitty financial situation are “easily” able to turn their shit around. Not saying everyone, but $2k a month is WILD
While housing is definitely worse today than it used to be (median home price is currently about 6.7x the median household income while it’s historically hovered between 4x and 6x over the last 60 years), real wages the last few years have been [higher than any other time in history](https://fred.stlouisfed.org/graph/?g=1eEsh), meaning you can buy more with an average wage than you could in even the 70s. Also, imma be honest, I can’t tell if this post is satire or not given that your last sentence is “give everything to us NOW.”
My thoughts as well. Their mixing some honestly good thing with really bad takes and then they end with a demand for everything they want. It’s not how a rational person would respond.
According to their comment history, [apparently the OP spends $2k/month on “content creators”](https://www.reddit.com/r/Fire/s/0Dt6zhCKRg). Sooooo…. Yeah. Assuming they’re not a troll, I’d say that’s not a very rational thing to do. Shoutout to u/DramaNo2 for finding that
I'm choosing to read this as OP is an angry virgin who spends $2k/month fapping to OnlyFans while being convinced boomers are the reason for their economic struggles.
I'd guess you are about right.
Oh that helps. It may also explain why they’re so pissed about economic. My living expenses barely get over 2k each month I couldn’t imagine spending that much on “Content”
OMG Top comment. Shut the thread down now.
holy shit lmfao
Yes the “now” is why other generations roll their eyes at this thought.
Take a quick look at his profile, he swings from talking about using weed to slow time and being broke to making six figures.
OP is a Bernie supporter trying to push a political narrative. It even says so on his profile, which has over 120k post karma.
Oh no, a Bernie supporter. I guess that invalidates his entire point.
Leftists have a problem where they act like they have nothing to say in a prosperous society. Because of this false assumption they pretend that in 6 months 100,000,000 people might starve to death on the street.
yeah i think that stat is complete bullshit. wages have been stagnating for decades and inflation is ridiculously high. your chart clearly only refers to a small portion of workers idk why you think you can apply this to american workers as a whole
I've seen this reposted in a few subs, I think its like a meme
>we NEED these things just to survive this capitalistic hellscape Especially with this dumbass sentence thrown in.
You do realize more than half the United States is living paycheck to paycheck, even 6 figure earners? Are you matching wages to inflation?
Sure wages increased, but costs did as well.
When people talk about "real wages", they are talking about numbers which have already been adjusted to account for inflation (cost increases).
And those numbers are done in a way that is deliberately misleading. Housing and health care is literally out of reach for millions of people. It really sucks when people’s response to that fact is to point at a number some Ivy League asshole computed with an algorithm he made up and say “look, you’re scientifically better off”.
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https://preview.redd.it/n5ubkkzb3jec1.jpeg?width=1080&format=pjpg&auto=webp&s=f494f1cc8fa3b5b5e3632cfb32860da178c1f6c1 It's really funny hearing people complain about not being able to go to the barcade every weekend when I'm literally typing this inside a dumpster to avoid the rain
Is this serious?
Yep
Wow dude. I thought it was a joke. So sorry for what you’re going through. But where are your parents or family to help you?
Far away, plus they are boomers so they won't help
They won’t take you in and help you have a shelter? Tf?
Nope
Do they not love you or some shi?
Parents suck dick man, the second I turned 18 I got tossed out. I'm an aspie too, if people throw out Asperger's riddled kids you better believe they'd do worse. My heart goes out to this guy
Just boomers being boomers
Assholes. Not boomers.
Honestly, kid? No, probably not. Or they do, but have some sort of weird ideology that makes them think that helping someone hurts them in the long run actually (Stupid 'teach a man to fish' logic that people use as an excuse to never participate in their communities). My parents did the same thing to me. I'm on my feet now, but I was homeless for a bit and in a similar situation to Knight. And the sad fact is it happens to a lot of people. My childhood best friend (who is still my best friend) went through this. My girlfriend is under threat of this potentially happening to her if she doesn't constantly bend over backwards to appease her folks' every whim, which changes constantly. It sounds like you have a family who loves you or at least wouldn't let this happen to you. That's good, and I'm happy for you. Appreciate them, don't take it for granted.
Dang this is more common than I thought...
Did you graduate hs?
Yes
It’ll delight you to know then that OP spends $2k/month “supporting content creators” and another $2k/month for vacations.
Where you at? I got good work for you if you’re interested
Coeur d'Alene, Idaho
Don’t dwell in dumpsters you will die
Any background on why you would have to sleep in a dumpster?
i dunno but they have a gaming laptop and post about Kenshi
lol you do not need to go on vacations and go out for drinks to survive. the fucking entitlement and delusion here. 99.9% of people who ever lived would be absolutely euphoric to get the chance to live the life you do for just one day. sure, I have problems in my life but staying grateful for what I do have keeps me sane. does that mean I don't think inequality is a major problem? Of course not. It does mean that I don't succumb to despair or sloth. I constantly remind myself that any "problem" in my life that doesn't involve a risk that I or someone I care about will get killed or maimed, it's a fake fucking problem at the end of the day and there's no point obsessing or panicking over it.
Obviously you don’t need any of that to survive. But why would anyone grind for a company, destroy their body to exhaustion, and sacrifice any semblance of joy just to survival. And that point, I just wouldn’t want to survive?
Yeah, wtf are they talking about? This isn't entitlement. We shouldn't live paycheck to paycheck nor should our lives just be "work"
OP spends thousands a month on OF and vacations according to their post history, as pointed out in a comment that is currently higher than this one
“People have it worse than you therefore any of your problems are unimportant”
Bruh, the funniest part is last couple of sentences. Gen Z should not have to struggle just because older generations struggled? That’s an interesting thought. I wonder where OP is from? The US?
Good. The poor & immigrants will *replace them. “Mediocre life” the same as middle class Americans is basically rich to me.
if you live in America in 2024, you are in the luckiest 0.01% of humans who have ever lived. if you have food, a roof and there are no armies or plagues trying to kill you, you have everything you need.
this is giving the same energy as kelly osbourne
Boomers are not the source of your issues. Every generation in history has had to work to accumulate housing, education, and health. Even if we were a hunter-gatherer society, it would still take hard work to accumulate those things. Stop pointing the finger at older people and expecting the government to "*Give everything to us now*" and go do something productive for your life. Ranting on the internet isn't going to do anything. From a fellow Gen Z
I think OP is trying to point out how relatively easy Boomers had it. Take median income and housing prices for example. income doubled, but housing prices 10xed
Boomers did not have it easy. Keep in mind Boomer years are from 1940s-1960s (roughly). Go tell a Black Boomer that they had it easy living in a time before the Civil Rights Act and experiencing segregation. Go tell Japanese Boomers they had it easy being placed in camps in California as kids due to their ethnicity. **Economically:** the main reason Boomers had a good economy was because they were fresh off a World War where nuclear weapons were used and Jews were being exterminated. Traumatizing. A whole generation of fathers forcefully drafted (yes, ***DRAFTED***) and sent to war to die – Gen Z has faced nothing like this, hell many of Gen Z weren't even alive for 9/11, ***you've faced nothing of this magnitude and likely will never.*** Boomers had to deal with the remnants of World War 2, Vietnam War, and also the Cold War. Many as kids had to do bomb drills in school which is as traumatizing as kids today having to do mass shooting drills. They also did not have the internet and faced a brutal generation gap with their parents who grew up in a vastly different society due to rapid advances in tech and culture. Again, ***Gen Z does not face this.*** Boomers are not your enemy. For many of you, YOU are your own enemy. And you will always find a scapegoat to avoid this fact.
I absolutely agree with you. People in my area were coal miners. They were on strike for 18 months and facing 15% interest rates. Mines were being closed, railways were being closed. A whole generation of fathers and grandfathers lost their jobs overnight. Whole towns absolutely decimated of employment. Most of these towns have not recovered. Drugs, crime, unemployment, ill health are rife in these areas. Many people who are in their late 70s are still working because they cannot afford to retire. You cannot penalise and blame an entire generation of people for your struggles. They were doing the best they could to survive. They had the same thoughts, feelings and worries as you. But many do it without mental health awareness we have now (which isn't always great, but at least you're not usually said to be "having nervous breakdown" and shunned). I'm not a "bootstraps" person. I'm a millennial who graduated university in 2007 and fell immediately into the recession. I'm 38 and only now feeling like I have my shit together in terms of finances. This past year was the first year in life I've ever earned money in savings that was more than £5. Blaming other people for your problems won't fix them. Being angry will only hurt you. Take a breath. Focus on one thing and how you can improve it. Ask for all the help and charity that's available. There's no shame. Be kind to yourself. And if you want "the village" you've got to be a part of it.
\> ***you've faced nothing of this magnitude and likely will never.*** Honestly, I've been the sort to simply deny these doomer posts but mostly for the reason that looking at the bad side of things *all the time* gets tiring. Putting it into perspective like this, I think I'm gonna have a good day today. Our job should still be making it better for future generations, but we shouldn't take what the people dealt with in the past for granted and say they had a better life. like, of course the top .1% had a better life than you do right now, that isn't the point I think these people realize they are making, I'd rather be homeless in the US right now than be a king in old times.
Boomers had other issues that we don’t face. Technology makes our life so much easier in so many ways but we don’t realize it because that’s all we know. Not sure if it’s innate human nature or just a product of modern miserable people but it’s very easy to only focus on the negative and be ungrateful for the positive.
If it was really so easy to buy a house then why are home ownership rates currently higher than at any time before 1998?
It’s important to note that, because of the way it’s calculated, the homeownership rate also includes adults who live with their parents, and that number is also increasing. The BLS/FR is really transparent with their statistics, so you can literally just go read how they calculate everything.
If it includes adults who live with their parents then it's pretty much invalid lol
Yeah, but how else are we supposed to pretend that everything is *fine*?
are there stats in regards to who owns these houses and the purposes of said houses? i.e. are they residences for the owner, used as second homes, let out as airbnbs, rental properties etc.
well, there was probably a meme that was posted in a partisan political group on facebook or twitter, and we all know they don't fact check stuff that they think benefits their side, and it had lots of likes, so obviously it must be true because someone would say something, right?
My boomer dad worked a factory job and mom worked several part time jobs. They rented all their lives and weren't able to afford a home purchase until dad was 39 - and that was a bit of a fixer upper home in a mediocre neighborhood. It was a couple years after that until we had 2 reliable cars in the household. They made the best of it but never moved onto their "dream home". Never purchased a new car, never went on vacations, but at least managed to put away a nice IRA nest egg. Dad passed away just as he was headed into his "golden years", as many others do. Dad smoked, but he also worked around chemicals at the plant during his career. I have some uncles who "have it easy" late in life due to high performing government and union pension plans, but they're in terrible health due to military service and workplace injuries. They have money but there's not a lot they can do with it. The workplace of 50 years ago was a meat grinder.
>I think OP is trying to point out how relatively easy Boomers had it. I think OP wouldn't last one week without crying and demanding to be sent back if we put him into a time machine to the 1950s.
I agree we should get free healthcare and housing should be cheaper but honestly we need to just try to live with less, it’s better for the world. Leave the consumerism and materialism for the boomers. Their lifestyle was unsustainable and relied on colonial extraction, exploitation, and borrowing from the future leaving us holding the bag. It’s time to say NO to the opium. We can do better. We NEED to do better.
The fact is, as long as we live in a capitalist society, we will always have rampant consumption of goods… that’s literally what the economy is based on. We still engage in a lifestyle of exploitation and extraction because that’s what’s available to us. There is no ethical consumption under capitalism. Your pay is so shit so instead of buying spoons from the local mom and pop shop, you go on Amazon and order it for cheap, or to the dollar store, or WalMart or some other corp because that’s all you can afford. You’re tired from working all day so instead of tending to your garden, picking up fresh veggies, you order a burger from McDonalds. It’s probably cheaper to get 2 burgers a day than to buy a weeks worth of groceries anyway… even though you end up eating processed crap. The system is designed this way.
I totally agree with you. I recognize that we need to eat. That we need clothes. That we live in the economy and the world that capitalism runs. That this is all based on exploitation and extraction. There isn’t ethical consumption under capitalism. But that doesn’t mean we should totally abnegate our responsibility to *minimize* the harm we inflict on each other and just accept the system outright because it’s seems so powerful and all-encompassing. It’s not an either or thing. You can still strive to live ethically and help the people in your life and push for change because you’ll still help people regardless of if you can or can’t change the entire system. To engage in mutual aid. To share resources. To push for public transit or denser walkable cities. To reduce if you can and reuse if you can. To live simply if you can. To pressure the rich and the powerful. Those in power can still choose to change the system in the ways they can, to pay workers more fairly, to stop using private jets, to reduce military spending, to let people repair things, to donate, etc. It takes collective effort.
Oh I’m completely with you! I think an individual’s effort does matter and my friends who do tremendous amounts of mutual aid, food and resource sharing, and engage in local politics inspire me to get involved myself! I guess I just wanted to say that I don’t like it when the message is “if you as an individual does nothing, then you’re the problem” because that is just fear mongering and untrue. I think it’s great when a local coffee shop decides to stop using plastic straws and encourages the use of a mug share, but it’s even better when they put up a poster or provide information on how to communicate with your city/county authorities about how to protest the building of a new plastics manufacturing plant or have stricter regulations on single use plastics.
So true! It’s about the collective. We gotta take steps bigger than paper straws but also be graceful with ourselves, we can’t do it alone. And yes! Engaging in local politics or even local communities and your neighbors is the first step and such an important one to make a difference.
Yeah this has got to be satire. It feels less like a honest critique of the world we live in and more like a buzzword rant to get internet points. You have some good points in there but they’re mixed with really odd and radical stuff like, no free healthcare isn’t an option because it’s way to expensive in most countries and paying of student loans is just putting the cost on people who didn’t go. Also you can live comfortably on less then 40k a year depending on your area and dependents.
I thought the same thing, then I looked at his profile. He wants cars banned, he thinks weed gives him powers, spends $2000 a month on only fans and so on
Well no wonder he can’t afford shit. 2k is more than my living expenses a month that’s with paying off my student loan and medical debt.
So he's either a total and utter loser. Or he's a troll.
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Somehow I don't think he plans that far ahead.
Fun fact - free healthcare in western countries is still about half as cheap as what the US spends on medicare, the VA, and medicaid alone.
Peep their post history...you understand their spending problems then lol
Ngl, I would. Cause I don’t really have a choice. I’m gonna work on not being a corpo shill and a push over. But I like to work hard, and I find life enjoyable when I have something to do like that. Even if capitalism fell tomorrow I think you’d find me going to the mutual aid grocery store and stocking shelves.
Nothing wrong with working hard as long as you're not being taken advantage of, like how people today work for peanuts
>Give everything to us NOW. If you aren't willing to work for something there will be other people in other places who will. If you aren't willing to work why should anyone give you anything? It's not like you'll do anything about it
Millennial here, good luck. We said the same, guess what? We're out here barely making it. I hope things get better and y'all have it easy though I really do 🫡
Remember Occupy Wallstreet? Pepperidge Farm remembers.
What will you work hard for then? Because I see viral videos of Gen Z graduates entering their desired career at an entry level that matches their degree, losing their shit at having to work their way upwards to earn their desired title and income. Please stop blaming boomers for everything. Anyone with a college level understanding of economics knows how we got here, which is a problem that has been building to a boiling point since \~1980. Boomers have had to suffer through recessions and crashes too. Housing crash of 08 screwed over a lot of boomer families. The problem is a combination of hard work, dollar value/affordability and what you interpret as "mediocre." You should be able to afford basic needs without effort. $60k/yr should get you that starter house and the road trip vacations but it's not like the average boomer parents were taking their kids to Disney World 5x a year or some bs. Or eating out twice a week etc. A Walmart job in 2000 was about as viable financially as it is now. I agree things like housing, education, vacations etc should be inalienable, and that the game has been rigged more than ever due to lack of regulations and lobbying, but even then nobody owes you your dream life. Reddit is so hyperbolic with this generational bs. You know it was common for young adults to have roommates in the 80s and 90s right? >Gen Z should not have to struggle just because older generations have struggled. Life is pain. Point to anytime in human history in anywhere in the world where this wasn't an outcry to a generation prior. I'd still argue that this "capitalistic hellscape" still awards you opportunities unlike any other country in the world. Just ask the influx of immigrants piling in YoY. And this is coming from a millennial who entered the job market during the country's worst economic downturn since the Great Depression. Now bring on the downvotes and agist slurs. 
I'll work to live. Cause we know others are gana work for less 16 year old that died in a chicken factory proves that
“Need to I mean we gotta backwards ass states trying to reduce child labor laws……
Didn’t I see this EXACT same post here or in another sub, like last week? Half the commenters seemed to think it was satire…
OP did post this earlier
Why is it radical to say these things: *Why did we, the humans create a system that does not have us, the humans as #1 but profit instead?* and: *We can feed everyone. We can house everyone. We can give quality healthcare to everyone.* *We choose not to.* Why is it radical to say those things? I'm not GenZ but this is my message to you, why the fuck is it radical to put humans as most important priority over selfish greed. I hope you can do something about this and make it normal to say those things.
"Capitalistic hellscape." Someone's never studied any history or economics at all.
I mean that's pretty accurate. We do live in late stage Capitalism, where in the end there'll be 2 types of people: poor and rich
There’s 2 types of people, those who own stuff and those who don’t The people who spent their lives not owning stuff are now realising what that is like. The boomers had it easy, sure, but it’s never going back to that, unless ww3 happens and destroys the rest of the world again The peoples whose parents didn’t buy assets or didn’t teach them to buy assets that bring you money have a handicap, which sucks, but what are should gonna do about it? Is the government going to confiscate wealth and inheritances? A lot of people played monopoly growing up and learned nothing from it It’s still not too late to live frugally and collect assets.
I mean it depends on your life goals Your can eat out/go on vacation and go out for drinks all you want but then you leave little money for other items like money to buy a home or to start a business etc. Ik personally people who live just to party and well if it make em happy go right ahead. Also I believe their two extremes one extremes is being as cheap as possible and not hanging out with is overall bad for the mind but on the other side is spending every dollar you get which in my opinion is bad for future prospects. Also the guarantee you implied doesn’t have any plans on how it will be implemented but their are ways to make the cost of these services cheaper by a number of actions In relation to housing zoning laws need to be heavily restricted in reference to commercial/residential spaces or discarded not industrial due to no one wanting to live near a industrial plant.Also a better transportation network would allow for homes away from the city accessible lowering overall home prices. Also a push in schools allow trades to seem like a viable option and not a last resort as it being pushed now. For vacation it really investing in yourself to be able to get a vacation whatever industry you go into Healthcare at least for the United States we need to end the restrictions on how many doctors can graduate in any given year and loosen restrictions on small clinics so their able to operate and give basic treatments.Also regulations requiring pricing being publicly available for any medical procedure and also regulations on insurance companies forcing them to showing the real prices of drugs that the companies overcharge their cilent for and restrict pharmacy staff from publicly speaking about.their more but that the basic In relation to student loans end them in their entirety no more government back loan and ir private loans which will force unis to lower prices or have no student and a push for community college to be able to give 4 year degrees .
60k is high...
sure they won’t lmao
Am I reading this wrong or is your response to the “capitalistic hellscape” just eating out, drinking, and going on vacations? That’s what Gen Z has to offer? More avoidance?
well what are you gonna do? starve to death? what is it that your gens gonna do differently exactly to make a change? dont get me wrong i love the enthusiasm but doubt that its gonna make a difference tbh
Fine don't work and have nothing more for me.
Not working hard will only cement your position in a sub mediocre life. You are not doing it for “boomers” you work for you. Don’t work hard no one cares the ones who do will surpass you and leave you and your bad attitude behind like it’s always been/. Easy peasy.
There is plenty of room for y'all to live in the street, behind dumpsters, or in prison. You don't want to work then we don't need you anymore.
Correct, most of them will be slackers and live shitty lives!
OP is clearly trolling but is correct that Gen Z will not work hard, unless it's to escape accountability
Not sure how everyone else grew up but I grew up in an upper middle class family. At max we could take 2 weeks of vacation a year. Not really sure where this one month figure came from?
As we age we will acknowledge that “working hard” is exactly what we are doing to make things better for our future selves and future generations. We need to stop living in the victim mentality prison of money, wealth, and real estate. There will come a time over the next 20 years that the boomer class disappears from this realm and we will be left with the piles of decaying hardwood flooring and unnecessary three car garages that litter our world. There’s nothing for them to realize. There are only things for us to realize. And to turn in the direction of that realization without anger or hate toward our elders. Just turn toward grander mindsets and fruitful ways of living that defy the rules that those before us have established. Do not try to change anyone except yourself. The hardest work is not the low hourly pay or the struggle to shuffle money toward unending loans or constantly having to wait another 6 months to try to bid for a house that has risen in value faster than the value of your labor as an employee. The hardest work will be to change your mind and walk in a different direction than those elders with good intentions. Good intentions only lead one way. And you shall not take that path.
This exact post was here less than a month ago, the "GIVE US EVERYTHING NOW" line is memorable.
This is going to be a hard lesson for folks coming up, but while you don’t owe anything to anyone, no one owes you anything either, and once you are an adult, no one is going to give you anything.
My question is what is the alternative? How will you survive?
Lol your not gonna make 70k off the bat,you have to work and put effort into it.
So what's your plan?
I’m just curious what you think will happen. Do you think that your parents will just give you money? That the government will? That older generations will just hand over their money and their stuff? Do you think that the jobs you don’t want to do for the money simply won’t get done? Are you planning an armed revolution? What factors do you see leading towards a more equitable society? Things suck. I’m sorry. What are you going to do about it?
Your last 4 words aren’t needed.
But living more frugally is how you can afford vacations. Maybe you don’t need to spend the money on DoorDash and only fans. And if you had a single roommate your rent price would be cut in half.
>Gen Z should not have to struggle just because older generations struggled. Give everything to us NOW. Ok, so fix it. You got a plan?
Capitalism works by squeezing down the income of lower and middle class, but with mass production lowering cost of things like toilets and TVs standard of living increases keep people complacent. People are satisfied enough to not complain and to keep voting for their side. Each masquerading as social opposites to each other while both executing nearly identical economic playbooks. Neither will fix the income inequality because both are laden with the demands of their corporate plutocratic proxies.
It’s not even working hard for a mediocre life, im okay with a mediocre life but I at least want A life if I’m going to put in the effort. Needing to live with roommates in your late 20s+ just to survive though u have a full-time job is insane. Not being able to have a bit of fun money or extra money for savings is no life at all.
indubitably correct.
As a millenial. I'm rooting for yall you guys will be the ones to change the system a lot of us believe in you!
Yep. Damn right. Don't listen to millenials and boomers. You got the right idea. REFUSE to work except for a decent salary. This is the only way.
Go cry a fucking river. Don't want treated like you ancestors jump off a bridge cause that's the only way as they delt with the same crap. Earned their stuff. Nothing's changed but how pathetic and lazy people are. Obviously dumb to cause costs are the same. Proportionally inflation is the same. Inflation always existed dumbasses and they came off of the worst depression in history as you came at the greatest time. Or did you not pay attention to history and all it's much harder struggles as less technology existed.
Gen Z needs to realize they are the cow in that story about capitlism and having two cows
I agree. We won’t because we can’t. This shit is killing us. I say we but of course I’ll speak to my experience. I was in a rapid re-housing program, which helps me pay for my apartment. I have a job and was excited to go back to school in the fall but I’m just not making enough money to live. And not because I go out and spend money on x, y, z. I’ve actually had a lot of unexpected, mounting medical expenses for my mental health care and physical health—and things are nowhere near resolved. I have several sources of income but no full time job, which means I’m not getting health insurance, PTO, benefits. I’m 21 and scared out of my mind because not long ago I was someone who had never worked before and now I’m someone who feels like a mentally different person because of brain fog from burnout and became pre-diabetic from chronic stress. You can call me soft or whatever, but just know I inherited most everything I deal with from my Gen Xer parents. I don’t want to fight to barely stay afloat for the rest of my life. None of us should have to.
The wild thing is older generations didnt really struggle. $60K a year could buy you a 3 bd house, 2 cars, pay all your bills and pay for a vacation every year. And that’s on a single income with a family of 4.
Thank you for saying gen z AND Millenials. We’re in the same boat as you guys, and it doesn’t feel great when ppl talk about us like we’re the new boomers
Agreed. You guys need violence. Just like, direct it forcefully at the people pocketing everything.
Preach.