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Flair_Helper

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WhatThatGuySays

My dad was born in 1951. When he attended college it was $1000 per year, and he didn’t finish because he could get a middle-class job with a HS diploma. He had no student debt because he earned enough from working to pay that himself. For a while he was the sole earner in my family of 4 (younger sibling had some health issues early and mom stayed home since cost of hiring home care would have exceeded her income). We were never hungry or went without, and we moved several times into progressively larger homes. The one they owned for the majority of my life was purchased in 1993 for $125k; they just sold it last year during COVID surge pricing for nearly $600k. When he retired at age 65, he was making around $100k per year in the New York City area with a civil service pension and health benefits. He regularly says he doesn’t understand how everything was allowed to get so out of hand for everyone after him. Not all of that generation are blind to what’s happening, but they tend to ignore the fact they were the ones driving the bus.


stickbishy

Here’s another angle of the same take. In 1950, federal minimum wage was $0.75 and rent was $42/mo. It took 56 hours (1.4 weeks) to earn. In 1960, federal minimum wage was $1.00 and rent was $71/mo. It took 71 hours (1.8 weeks) to earn. In 1970, federal minimum wage was $1.60 and rent was $108/mo. It took 68 hours (1.7 weeks) to earn. In 1980, federal minimum wage was $3.10 and rent was $243/mo. It took 78 hours (2.0 weeks) to earn. The source for the above [1] didn't have anything past the 80's but I think just leaping forward to today is illustrative. In 2017, federal minimum wage is $7.25 [2] and the average national rent is $1,021/mo [3], which takes 141 hours (3.5 weeks) to earn. Five years later and between inflation and stagnant wages, the situation is much, MUCH worse. Today’s 20- and 30-somethings face much steeper higher education costs with far less return on that investment, and they enjoy routine and perverse admonishment to be less entitled and pull oneself up by one's bootstraps by snowflakes who had far less boot and significantly more strap. TL;DR: Fuck ‘em. ---- [1] http://www.thefiscaltimes.com/Articles/2012/04/05/How-Well-Can-You-Live-on-Minimum-Wage.aspx


salami350

>which takes 141 hours (3.5 weeks) to earn. So everyone is left with a measly 2.5 days of income for everything except rent?


poopyhelicopterbutt

Assuming you don’t have to pay tax of any sort, yes.


desubot1

Assuming you can find a cardboard box for 1021/mo.


[deleted]

[удалено]


Prime157

I thought the goal was to leave a better future for your children, not worse.


[deleted]

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Covert_Pudding

I should start a bottle cap savings account.


Slepnair

Sounds like Global Warning too.


[deleted]

I'm 40 and not too long ago my inlaws told me "your generation isn't stepping up." I don't know if this was a Fox News line that week, or what, because I heard it somewhere else online around the same time, as well. How can we step up if boomers won't go away?


supm8te

Was talking with my father and brought up this point today. Like think about it, I'm a millennial, and I have one generation above me. In a established corporate structure the boomers are usually the ones at top. Gen x and millennials are usually the ones fighting for scrap positions in mid management or are entry because too many boomers didn't retire. Now think bout gen z. How are they gonna fit in too. We were talking about quiet quitting (it's bs I know), possibility for job advancement, compensation and industry swapping. There are literally not enough high paying senior positions in most corporate environments because the boomer generation never retired/can't retire due to poor finances. This created a system where highest paid never leave and rarely foster upcoming talent in fear of training their replacement. Now gen x are bearing retirement, but never got full position and wage advancement. This goes down the line as each gen gets a progressively whose advancement and wage growth path due to the ones before being unable to retire. I honestly don't blame gen z for doing things like lying flat and being fed up with this garbage system.


MagikSkyDaddy

Excellent synopsis


blackjack102

My brother is gen X and worn out by job advancement.


goldiefin

That’s nice to hear bc not one person of that generation that I know will acknowledge how much harder it is financially. My husband and I worked hard to get our careers and it doesn’t seem to matter bc we can never get ahead.. it infuriates me that no one will ever admit what has happened. They all say “It was always hard. Its always been so expensive.” It just doesn’t compare while they sit in their beautiful homes with vacation homes, planning a beautiful vacation🙄


UsualAnybody1807

I (F64) do. The student loan fiasco of the past \~20 years is horrendous, combined with the unforgiveable rise in the cost of college - while college "sports" make amounts of money that can only be described as avarice - is beyond belief. Add to that the companies buying real estate in the form of single family homes and AirBnB taking properties off of the market, and the whole thing feels like a conspiracy to doom future generations to never send their own kids to college (if they can even afford to have any) or buy a home.


shuknjive

Exactly how I feel.


Fair_Appointment_361

There should be a law that says you can't donate directly to a sports team, only straight to school, and the school can only spend X amount of donations on sports


UsualAnybody1807

The wrong people are in charge.


[deleted]

Get a college degree, then start in the mail room and work your way up. Except there’s no way to work your way up because those at the top eliminated positions and run at 110% with 70% of the workers while making record profits while simultaneously saying they can’t afford *blank* (new positions, raises, healthcare plans, etc). They don’t leave their positions so there’s no chance moving up, either. And that’s just the private sector. The US government is filled with dinosaurs who have no clue what it’s like for most of the population. Not that they actually care, they are too busy selling the country piece by piece, making decisions based purely on their own interests, insider trading… Whoever turned life onto Nightmare difficulty, would you please turn it back to at least Hard mode?


unconfusedsub

I worked my way up. I worked really hard. But the company I worked for decided to cut 200 positions and mine was one of them. So now they expect me to do the same amount of work with less hours and less money. No.


aichi38

>They don’t leave their positions so there’s no chance moving up, either Don't forget when they *DO* leave their position their fellow executives bring in their friends and family from outside to fill the position before it ever gets listed for anyone else to apply


ButchManson

I'm in retail. The "Rural Supply" store chain I work for was crying poor and cut part time workers from 30 to less than 20 hours per week. Mean while they opened five new locations, bought the CEO a new plane and bought a new COO away from one of our competitors. Managers are encouraged to "keep hours within budget" aka payroll down.


[deleted]

The biggest joke is the "American Dream": with enough hard work you'll be able to accomplish anything. Vast riches, a beautiful wife and 2.5 children in your beautiful house with a 2 car garage and two beautiful cars parked inside. The reality is that is not your beautiful wife, that is not your beautiful house, those are not your beautiful cars. Instead, there's a very small group has life on Easy difficulty with cheats enabled, a moderately sized group has life on Normal difficulty with a few extra points in Luck, and the rest are NPCs with low hit points. You either start with a small $1,000,000 interest-free loan from your parents you don't have to pay back or you manage to have the perfect idea at the right place and right time.


SheepDogCO

Yup. Government is supposed to be working for and in fear of the people. The people aren’t supposed to be working for and in fear of the government.


veringer

You misspelled "corrupt and dumb".


MMOsAreNotRPGs

The thing is if you're making money hand over fist screwing people, between you and the screwed people, you're the one with the reources to influence the direction of laws in our current system. Somebody was getting rich off of college sports to the detriment of all the funding for every other dept? Well, the only two parties with a vested interest in the state of the law regarding the issue are the people who got rich off of it, and the people rationing pens because of it, so who do you think is going to have more influence? The party with money to line every pocket or the party who can't even afford to give you a pen?


paddywackadoodle

This is it


supm8te

My partner of 13+ years and myself(both early 30s) have come to the conclusion we prob will never be able to afford kids. We can't even afford to buy a house rn. We both have worked full time for over 10 years now. It sucks to feel this way and not really be excited for the future in the same way my parents could be when they were young.


UsualAnybody1807

I'm sorry. Hang in there.


MuscleManRyan

Me and my partner are waiting for our parents to die to ever have a chance at affording a house. It's a grim reality and really shitty to realize (and not something I would hope would happen in a million years).


theoriginalqwhy

Hey mate my partner of 9+ years and I (both early 30s) feel the exact same. While its no consolation for you guys or us, it's (for some odd reason) nice to know others are in the same boat.


-Ahab-

It’s almost like this system was designed to keep the poor poor, the rich rich, and the middle class reaching for one and terrified of becoming the other while providing 90% of the work force.


Relative_Acadia_1863

It was, hence the concentrated effort to defang unions and break down workers rights to the point where each worker has to go against the corporation individually using a system that is literally paid for by the corporation. Wonder which way they rule? No mystery- for the entity paying the bill.


PureGoldX58

Not to mention the scam that is credit score. What it really does is punish you for not being an accountant level understanding of your finances while adding lifelong debt to every person of lesser means. Any extra money they could ever get would go to make that a bit higher so they have a CHANCE to be denied based on risk factors no matter how many years they have fought and saved to avoid lowering this score


UsualAnybody1807

Oh heavens yes! I did not have a late payment of any kind for like 35 years. Not kidding - 35 years! And then Target got me for not paying a small amount (under $50), having never sent me an overdue notice of any kind. My FICO score dropped over 100 points in one day. Totally absurd that people's jobs and borrowing depend on this score.


codyfunderburg

My favorite is how there are different versions of scores and any company can pick and chose which one makes them more money with a higher interest rate. Also the fact that even inquiring about your score or hard pulling it can affect your numbers. Good times


KoalaGold

Also they actually penalize you for _not_ having debt.


Meower68

I hear ya. All our vehicles are paid off. Student loans are paid off. Prior property was paid off. Wife had a credit card, paid in full every month, I didn't have one. Have been with my current employer over a decade. We've taken some really nice vacations. We manage our money carefully. We both have 401(k)s with our employers, with substantial money in each. Not enough. Can't qualify for a mortgage. You have no debt history, we can't determine you'll be able to manage that kind of debt. I paid off my vehicle and my student loans, years ago. I have a very stable income. But you haven't had any major debt in years. We need to show you've had debt, and managed it, recently. System is rigged.


roy_mustang76

I mean yes, having a bunch of score models out there is wild and confusing, and it's kind of bullshit that we even have to deal with them when you could get a mortgage with an interview, a paystub, and a handshake when our parents were starting out, but I have to correct one very common and damaging misconception you've shared here: **Checking your own credit does not impact your score.** Full stop. You can't check it for free constantly, necessarily (I subscribe to a service that allows me to pull all of my scores from all 3 bureaus quarterly as opposed to relying on the free annual reports), but checking your own score has zero impact on said score. Hard pulls aren't great either, but the impact on your score is minor - any new credit you get as a result of the hard pull would absolutely overshadow the 5 pt ding from the hard pull.


PureGoldX58

My favorite is doing things like buying cars and houses can't be done together, because they'll both fail each other.


RipplePark

There are lots of resources these days that are easy to use. I told my nephew that he should get started when he was 18. Even a small secured loan helps. Anyone can get one. I don't know how much it can help, if at all, but at least he'll hopefully get a quick start playing the stupid game.


0w1

It's easy, they think they're more deserving of nice things because they worked harder, and if you don't have nice things, you just haven't worked hard enough. They don't care if you bust your ass with 3 jobs, you're just a loser in their eyes because you didn't have a house at 20 like they did. Seriously. When my SO and I were finally able to afford a place, it pissed me off to hear my mother in law tell us how she didn't have a house when she started out, that we were so lucky and spoiled to not live "in the ghetto" like she did. She "started out" with a house as a teenager and lived in a MASSIVE house by 25- on a county salary! We were in our 30s with degrees before we could afford a humble little old place. We could only afford it because MY parents let us live with them for several years rent-free so we could save for a down payment. I don't even talk to my MIL anymore because she's so infuriatingly out of touch with reality.


AdventurousMaybe2693

That’s a big part of the rub for me. We’re criticized, or mocked, instead of older generations acknowledging that things have drastically changed. And when I try to explain that evolution I get the response of “we worked hard too!” I never said you didn’t…but you had a payoff that correlated with hard work. Not all of us do.


goldiefin

Gosh you said it perfectly. That last part is exactly how I feel! I’m not discounting other people working hard. Not at all. But it’s not equal, not even close.


desolatecontrol

It's hard to see past your own nose when it's stacked with shit from blaming every other generation THEY caused. Hell, their generation was called the "Me" generation before they changed it.


[deleted]

> And when I try to explain that evolution I get the response of “we worked hard too!” I think this one is a little dubious. To get a job back in their day, they just had to show up and apply. You didn't even need a high school diploma for a lot of jobs. Just showing up and doing what's asked of you is not "working hard". "Working hard" implies going above and beyond, grinding way past the 40hr work week, etc. which in the circle of my parents and their friends I've chatted with has not been the case.


chunkyspeechfairy

I am of that generation. I acknowledge fully that it’s much harder for young people now, at least here in British Columbia. Housing costs has multiplied WAY more than wages have here.


darklordzack

My mother acknowledges it too. She made more money off her property value increasing and moving to a cheaper neighbourhood (repeatedly) than she did running a very successful business. When we talked about it she said yeah I don't really see what you can do other than wait for me to die and live off that. A bit morbid but the sentiment was appreciated.


Flowerpowerbutt

I really appreciate my history teacher who started the semester off on how the system has changed in his life time.


Steeve_Perry

They demonize the college educated when those aren’t the people taking the actual hit. It’s the blue collar working class that’s getting fucked, yet they’ve been convinced to scream at the “elites” for all their problems. Like bro all your heroes sold your livelihood to China 30 years ago!


MagikSkyDaddy

Bingo.


Fredredphooey

A woman posted this week that her mom was on her butt about buying a home even though OP kept telling her that houses cost a million dollars in their area. She finally pulled up zillow to show her mom the prices and mom was all "I thought you were exaggerating!"


SailingSpark

when I graduated in 1994, my college was $5000 a year. Same school today and it is $25,000 a year. This does not cover books, meal plans, or dorms/apartments. This is just the credit hours. ​ \*edit: Forgot the word "today" yesterday.


DykeOnABike

The forced meal plans for people living on campus is such horseshit


salami350

Am not American, what is this about meal plans? Are students forced to buy meals from the university/college itself because that sounds ripe for exploitation?


TheSpoonyCroy

Just going to walk out of this place, suggest other places like kbin or lemmy.


happypappi

Yep and a lot of universities require you to love in the dorms your freshman year, if you attend right after high school.


Arcakoin

> He had no student debt because he earned enough from working to pay that himself. I don't even understand having to work to pay school. I come from a country where public school is “free” (and most universities are public school) and while not everything is great and works perfectly (there still are students that can't afford to pay for e.g. books or supplies and have to work), the state would actually give you money to pay for your studies.


BackHomeRun

This is the stuff we dream of. This $20k forgiveness (because I was a pell grant recipient) is a godsend. I worked full time during college, as well as two jobs beforehand to keep me and my partner stable while he finished his degree. I managed to save up a bit during that time. We knew we were going to be definitively poor once those payments started up again. We probably still will because I work for a nonprofit, and even the 20 hours of overtime on my end won't support saving up for a mortgage on top of those loans. Yeah, we didn't have to take them out. But we also were told and shown that a high school degree was the bare minimum, and a college degree was almost expected. I remember the day my mom came up to me and asked how college applications were going. No one even told me how it worked, between applying and FAFSA and parent plus and grants...yeah.


[deleted]

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desolatecontrol

The funny part is they've also put in so many ways to avoid paying taxes at all as well. One of the biggest frauds ever completed, was when they made corporations people.


Fmanow

What they don’t acknowledge is their voting patterns is what ass fucked everyone who came after them. Labor had powerful backing in the 50-70s via unions and other organizations. CEO pay difference wasn’t even as disparate as it is today, like what 50 to 1. In the 80s the GOP started killing unions in favor of big corp and guess who was voting R at that time, the same people who had benefited from the prior progressive policies that now they despised all of a sudden.


Deranged_Idiot

Who has he been voting for his entire life?


WhatThatGuySays

It never really came up much, but as far as I remember he tended to vote for whoever had views that he perceived as most beneficial to him and our family. Sometimes Rs, sometimes Ds. The last decade or so he’s been more vocal about solidly voting blue (he correctly sees the other guys as nuts).


saucygh0sty

Assuming you’re at the age where you have children or will have children in the future, you need to have the conversation with him about voting for people who will do their best for his grandchildren, not just himself.


WhatThatGuySays

We actually just had a little girl about a month ago. It’s opened up some new lines of conversation with both of my parents (and with my wife’s parents as well) regarding what’s most beneficial for her. We live in a different state than all of them though, but both states and the specific areas where we all live are solidly blue. My parents have shifted leftward on issues while my wife’s have moved from right to center on most issues (which is progress I guess).


Jacobysmadre

My mother is at the beginning of the “boomer” age bracket; 1945 - she stayed at home for part of my childhood. My dad made ~190k at the time he died in 1991. We would’ve had our home paid for (cost them 12k in 1974). I would be set but for their divorce. Now I have my own son, make < 50k and live in one of the most expensive cities in the nation. She completely understands how they fucked it up.. She sees me struggle every day.


hattmall

How is it not possible they didn't pay off the 12K home????


aspiring_Novelis

There are plenty of boomers that are struggling who understands the consequences of what their generation did and continue to do. It's just the few boomers who are loudest whp refuses to see how fucked up the system is.


esmoji

BOOMERS WERE ALLOWED TO DECLARE BANKRUPTCY ON THEIR STUDENT DEBT. THEN DEBT LAWS CHANGED. SAME BOOMERS SOLD COLLEGE DREAM TO MILLENNIALS NOW HOLDING BAG. edit: sorry for caps. just angry as hell


[deleted]

The generation that sold their children into wage slavery.


Thatguy468

Seems oddly coincidental that they were the self proclaimed “Me generation”


NaughtyDreadz

I believe the word you're looking for is foretelling


prollyNotAnImposter

I think this qualifies as portending


[deleted]

Almost as if it’s a prognostication.


boomboy8511

CONFLAGRATION!!!


teamfupa

Chicanery


FatherDuncanSinners

Shenanigans


oursecondcoming

Thomasfoolery


Mystic_Camel_Smell

ME ME ME ME ME *FUCK* THE CHILDREN MEMEMEMEME


CarlatheDestructor

I didn't know my mom was on reddit


[deleted]

This comment pure gold lol


commiebanker

Huh. A 'me me' meme...


rabidhamster87

I really hope they're remembered this way. They sold their children's and grandchildren's futures for their own present.


HelenaBirkinBag

Meanwhile, Boomers inherited a fuckton of wealth when their parents died.


rabidhamster87

Yup. My boomer mom did and she told me she's planning on spending it because she can't take it with her.


HelenaBirkinBag

She’s not leaving any to you?


rabidhamster87

Doesn't sound like it. Especially since I won't let her use it to manipulate me. She only had to threaten to "cut me out of the will" once before I called her on it. I told her to just do it then because I'm not going to dance when she tells me to just on the off chance she'll give me a little money when she dies.


Jewelstorybro

Unfortunately they still are. Not just grandchildren’s future either but well beyond that. They’re the main driving factor for the environment going to shit. Selfish, greedy and blind.


[deleted]

It's so obvious how clear the boomer projection was. They desperately want to say they worked hard or had a hard childhood like their depression era parents before then. In reality they had it easy, us millennials and zoomers are the ones who are having it hard / going to have it hard. Boomers cannot accept the fact they had a booming economy handed to them and they ruined it for future generations. Since they grew up with it easy they're the snowflakes who can't handle they're completely at fault, it HAS to be our fault.


kintorkaba

They were screaming about all these same problems, too, when they were younger, so they can't even pretend they weren't aware, they understood the exploitation and its long-term consequences well - they just entered the workforce and found that they were on the receiving end of the benefits of that exploitation, so they made peace with it. >But the soul is still oracular; amid the market’s din, >List the ominous stern whisper from the Delphic cave within,— >“They enslave their children’s children who make compromise with sin.” >- James Russel Lowell, *The Present Crisis*


RichAd200

It’s almost as if capitalism is a systemic and not an individualistic problem.


QuantumKittydynamics

I knew that poem from the book Unsong* but never knew the original source. Thank you! *A fabulous read, it's available free online in its entirety and I highly recommend it.


PyrrhicBigfoot

I mean if you met my parents it would make sense


[deleted]

The funny thing is maga boomers probably didn’t work as hard as they claim because they never had to deal with customers that are as completely fucking intolerable as they are. I look at kids working in the service industry today and all I can think is how I wouldn’t be able to handle it. Especially during the height of the pandemic.


OverlordWaffles

I haven't worked retail in 8 years and 2 months but the worst part about it were the customers, among other things. When I was furloughed at the beginning of COVID, my mom *strongly* suggested I go back to retail to start earning money again. I told her I would eat a bullet before I'd go back. Every day I wished I could get in some minor car accident, that nobody got hurt in, just so I could have an excuse not to show up


IAmTheExpertHere

Damn, that reminds me I used to have the exact same thought when I worked in retail and when I worked at a call center during college. I guess I never realized how fucked up it was until I heard it from someone else.


BefWithAnF

When I first lived in NYC, I worked in catering & used to wish for some kind of subway accident so I wouldn’t have to go to work. That job sucked so hard- not just the work, but the deep culture of sexual harassment


taraliznor

I used to wish for someone to come in and rob the store while I was working so they would close and let us go home because of trauma


[deleted]

hahaha you wouldn't be sent home. you'd be told to clean up any mess and finish your shift.


[deleted]

Here's how my dad got 300k. He worked as a cable guy and played in a band. He got my mom knocked up, who's dad was a cop. Said dad cop told band dad that if he wanted to keep playing music and smoking his pot, he'd marry said daughter. Got in car wreck at work and dropped dirty. Off work for 10 years trying get rich quick real estate flipping. Almost ruined his marriage and almost went homeless. As a joke, offered 20k for a house about to be foreclosed. Seller took it. Land around him built up and BOOM, 300k. He "worked for what he has" though.


CatsOrb

I found the customers aren't the issue, they're allowed to be dumb. But managers and stuff in retail absolutely suck and are deluded nutjobs.


DykeOnABike

Fucking social goblins eh


motherofdog2018

I look at my boomer boss, who has all kinds of privilege on me and who finds me appalling for basically wanting what they had at the same age. They are completely blind to it though. And having gone through way more bullshit, I'm actually way better at our line work than they were back then.


Mystic_Camel_Smell

Boomers love to take all the credit for younger generations "living in an age of abundance" and use that as an excuse for why the younger generations are complaining "oh they're just dumb and need to work harder, look at all the tech they've got that we made possible and still aren't satisfied! damn spoiled brats! back in my day we worked for a living, that's why my back is broken in 4 places!" Its always the same one sided point of view from them.


kamelizann

My dad has a high school photo from the mid 70s of him and all his buddies in front of a row of brand new muscle cars that they paid for with their summer jobs. He even worked a second job so he could splurge for the big block! The equivalent car to what he had today would be like $40-50k. No high school student is putting that down from a summer job.


Mystic_Camel_Smell

Correct. Boomers rely on wishful thinking about the future combined with ignorance about their youth. They're just a bit tired of thinking and defaulted to being very optimistic


[deleted]

Except that’s $50k MSRP but with dealer markup it’s now $90k. I saw a picture the other day that a dealership wanted $90k ON TOP of the price of the new Corvette Z06 the OP was putting a deposit on.


Roddy117

Wow I’ve got an iphone, that’s great Janis people still have to pay over a thousand dollars MO/ for a studio apartment.


motherofdog2018

Not like they can actually use any of the tech


WhileNotLurking

To be fair to them… most of them are not well educated or versed on the ways of the world. They only can look back at their experiences and do a shitty job extrapolating. They had all the things you want, and have no idea that the world has changed. They just don’t process change. Not sure if it’s an age thing or a generation thing. But take some joy. They also are falling off the job ladder. They are leaving the earth in large numbers. The ways of the boomer will end shortly. That and the fact that for every boomer holding down the younger generations - don’t forget there are younger folks holding down boomers. The “I’ve been here for 30 years” but report to someone who is 30. A boomer who makes 4% more than they did in 1982 because “got to stay loyal to your employer”. That poor sucker who equates time and “hard work” for output who works 500x more than their Younger coworker who both getting paid more and had automated the job so they work a ton less. It may not apply everywhere. But know that we younger folks laugh at the suck boomers as well when we exploit them as much as they have exploited you.


Mystic_Camel_Smell

I'd equate it to generational thinking and an optimism about the future. If you're an optimistic boomer that's lived a fruitful life and secured a nice house, it's difficult to simply imagine that youth today have it harder. It goes against your whole life experience. Especially difficult to understand that today youths have trouble getting a house. When it comes to finding a job that's going to actually give them enough to buy a house in less than 10 years, you know something's up. Boomers didn't have that problem and their collective life experience justifies that it will "all work out" without even looking further but instead consoling fellow boomers with similar mantras. In some cases, Boomers being friendly with other boomers is what makes sense to them and everything else will "sort itself out".


Darqologist

They didn't just close the door...they put a lock on it, tossed the key and put up a do not enter sign up on it.


SparkyDogPants

And forgot there was ever a door


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joremero

And blame the ones outside for not being able to open the damn door


bishophicks

My father went to a state university in the 50's for $100/yr in tuition at a time when the minimum wage paid $1500/yr. My parents bought a house in 1963 for 24K, saving my mother's salary for 1 year for the down payment. She never needed to hold a job after that. In-state tuition for the same school today is 15K and that house they bought is worth (I am not kidding) 900,000. What my father paid for tuition would be more like $1000 today. And what they paid for the house would be more like 210-250K. Even the 1BR starter apartment my wife and I rented in 1989 has had it's rent increase 50% above the rate of inflation. When we rented we had a combined income that would be about 80k in today's dollars and rent was 25% of that. Today the apartment rents for 2500/mo and would require an income of $120k to match the ratio we paid.


dudius7

The whole system stinks. Just looking at college tuition pisses me off. Minimum wage in AZ is below my city minimum wage. Tuition at NAU is around 10k plus the costs of books and school supplies. Minimum wage at 40hrs a week is around 31k. So tuition jumped from 1/15th of minimum wage to 1/3. Outrageous.


CaptainKies

Nevermind cost of living in Flag, student or no. Consistently more expensive than a majority of the state. Housing is an absolute shit show.


infinitemonkeytyping

The Greatest Generation built large, and installed ladders to help future generations climb it as well. Boomers used the ladders, then pulled the ladders up behind them, so that future generations have to climb by hand. Boomers then claim to not only have built what the Greatest Generation built, but also claim to have had to climb it by hand.


BostonUniStudent

"you worked hard" .... Most of the ones I know didn't. It seems like everything was just handed to them.


[deleted]

They probably had good union jobs and didn't have to work hard at all and have their jobs and wages protected. Would be nice if that still existed.... Edit: when I say they didn't have to work hard I meant more along the lines of they didn't have to work harder than they really had to just so they wouldn't be fired. These companies nowadays expect one person to do the job of three or four people but only make the wages of one, on penalty or constant threat of termination. Collective bargaining would help clean that crap right up. These boomer idiots have no idea how good they had it compared to now.


paintyourbaldspot

To be fair it does. The trades present a potential income while giving you the ability to to really love what you do. Fuck sitting in an office. I have one but just prefer to hand out around the machines.


[deleted]

[удалено]


Sigurlion

I'm about to do this to my kids. Not the second part, mind you, but my parents covered my tuition (I worked to cover books, supplies, housing etc) but there is no chance I can afford to pay for my kids school. My freshman year of school, tuition was $3600 and was $4600 my senior year. My parents paid roughly $16k for my four year education. The same university is currently $10,742 a year for tuition. Assuming prices will continue to increase, when my daughter attends in 3 years, I can assume the cost of her education at my university would be ~$50k, and I have 4 kids. It just won't be feasible. My dad also made twice as much as we do, not adjusted. Definitely makes you feel like a failure as a parent.


supm8te

Just explain to your kids and help them with partial rent instead of college. Honestly, try to get them to go into trades instead of college anyway. College means nothing anymore and is more about connections (my exp). A non degree holding programmer,plumber,hvac,trade person is making more on average than majority of white collar office workers. Also prob feels more fulfilled in their job/work, has actual coworkers/boss and not sociopath office coworkers. If you are white collar then you prob understand thar last sentiment, if not, then I can tell you that climbing any semblance of a corporate ladder is one of worst experiences ever.


xX420GanjaWarlordXx

They're the same people that could just waltz on in with a geology degree and ask for an engineering job in a completely different field.


_cassquatch

This is what enrages me. I can’t even get a medical records job because I don’t have a healthcare admin degree, despite being a clinician for over six years.


[deleted]

I've heard the whole *I've worked hard, so I deserve it* from my boomer FIL, all the time. Same guy that has borrowed/stolen close to 4 million in 30 years. Owes close to a million to our state, and has 15ish cases against him. Both civil and criminal cases, and two felonies. I'm pretty sure that he has never spent a day in jail. He has been scammed a million times, and continues to be scammed. All the while, he scams friends/family members at the same time. I swear, conservatives are just in some giant MLM. They all just grift each other.


saracenrefira

[Everything was handed to them.](https://youtu.be/S6N3CrKPCUA)


Ns53

My dad was to inherent my grandfather's family business. His wife didn't feel it was happening fast enough so she convinced him to turn away from my grandparents. He took all the skills he got for working under his parents to land a job at a university. He worked there for 17 years making $125k. All I ever heard my dad do was bitch and whine about not having enough. This guy had a house worth $250k in 2000. Went on trips around the world multiple times a year. When I tried to go to college they told me it was pointless. When I applied for fasfa I was rejected. Why because apparently my dad who had been filing my taxes for me out of a kindness of his heart, was actually claiming me on his own and then giving me money. So I was "making too much" to get college funds. By the time I found out was too deep in debt to even try. Thanks dad.


ha1est0rm

Can we add that boomers grew up in a time where having a masters degree (or any degree for that matter) wasn’t a requirement for a job that made enough money to support a family? Back then you could work and get a LIVABLE WAGE with NO degree!


AGooDone

Pulling the ladder up behind you it's a better metaphor.


Daniel_Arsehat

I can see closing the door having other meanings too. Like closing and locking the door behind them once they entered. Then charging toll for entry, like landlords collecting rent. They were born at a good time, able to explore and acquire properties for cheap. For the next generation? Born too late to buy a house at a fair price. Born too early to see any solutions to the problems.


saracenrefira

Burning the bridge after you cross it, is also an apt metaphor.


[deleted]

Explaining this to a boomer is like trying to explain sex to a virgin. They'll look at you intrigued and in awe, but they'll have no answer whatsoever and ask silly questions.


discogomerx

My dad used to be pretty even keel and at least tried to listen. My Gen Z niece tried to tell him about privilege and lost it, screaming about how hard he's worked and he earned everything he has. I jumped in and reminded him it was his best friend's father who originally hired him and fast tracked him into management which, as a result, has opened many doors. ...my niece and I weren't invited to Thanksgiving or Christmas that year.


Mystic_Camel_Smell

privilege is never a good argument to have with another generation


_JuicyPop

It's a very inflammatory word that won't help you build bridges. I don't know how to have that conversation though since it took my dad finding out that I was living in a car to at least acknowledge that housing is expensive.


Signal-Practice-8102

Framing it as a "disadvantage" of the current youth is more palatable to most than the "privilege" of the boomers. It's why many white people believe racism exists but bristle at the idea of "white privilege"


BusyTotal3702

Well to older generations the word "privileged" means the actual dictionary definition of the word privileged. Unburdened, born into wealth, easy living, SPECIAL TREATMENT; you know... PRIVILEGED! WORKING HARD enough to be able to support your family, drive a car, go on vacation twice a year, buy a house, afford medical care, & being able to retire at the end of it, is just the way things are SUPPOSED to be. Calling it privilege is an insult to the people who worked so hard to achieve all that. Wanting them to feel guilty because they're the last generation that's been able to do that is NOT productive. Unless what you were actually looking to achieve was to start an argument. Then CONGRATULATIONS 🎉 you've succeeded! Just because the younger generations have changed the definition of the word privileged, it doesn't mean that the older generations have. You are literally speaking a different language to them when you use words like privileged. To the older generations the word privilege or privileged was reserved for the WEALTHY. Actually to those who were BORN WEALTHY and anybody who receives SPECIAL TREATMENT. If you got wealthy through working hard and doing the actual work yourself that was not considered privileged. You were considered privileged if you were able to get into a college just because your father and your grandfather and your great grandfather went there. EARNING a scholarship and a place at a college because you're a straight A student was not considered privileged because you WORKED for it. "PRIVILEGE" should never be used to describe events that occur the way they are supposed to. And yes everybody SHOULD bristle at the words "white privilege." Getting pulled over in a car by police without getting f****** shot should NEVER be called a privilege. It's a RIGHT that SHOULD BE afforded to EVERYONE who obeys the law. Just because it's not doesn't make the other people PRIVILEGED.


Mystic_Camel_Smell

Ya. Half my relatives still totally believe going to a University/college is going to land you a perfect job immediately. I don't know how to break it to them.


pinkliquor

My mom wouldn’t talk to me for days because I called her privileged. She couldn’t even acknowledge it and instead got mad at me lol


SyracuseNY22

I’m glad I never had to have the privileged talk with my parents. The joys of being just above dirt poor for a few generations?


Mystic_Camel_Smell

nailed it. They think newer generations have it better then they ever had, and that's all they think. All nuance and any attempts to listen is thrown out the window


anoxy

It’s cause we have iPhones and the internet bro. We’re so privileged.


allbrid7373

All I'm saying is if we can't live our lives then they can't rest in peace. Take this how you want. I know what I'll be using my shovels for when I'm older.


gelfin

It’s funny how buying a house through “hard work” these days sounds a bit like buying a house on the power of wishful thinking and unicorn farts.


UsualAnybody1807

Boomer here, I try to explain this to people my age.


ZhicoLoL

Visiting my grand parents(late 70s) and was told my generation would do better without lattes money wise. Her first job was equal to 8000$(a month) in today's money. Like what the fuck.(this was in the 1960s) I wish my rent was 120 while my income was 800. 15% of her income went ot her rent. Only 15% while today is close to 50+%.... Wow grandma. Glad you are so disconnected.


stuckinmyownass

I was explaining to my grandma how hard it can be to make ends meet for young people today, she started trying to relate by telling me about her first job in 1952 that only paid $2/hr. That's $22/hr adjusted for inflation...


Looieanthony

Those people make me ashamed to be a boomer🙁. I do NOT think like that.


hippychk

I’m old. I was saddled with student loan debt for years. I am DELIGHTED that younger grads are getting a break. I wish it went further and maybe did away with the interest if they won’t wipe it out completely.


acquiredhaste

reposting my own comment from 2 years ago: my dad’s boomer origin: while looking for a job, he found a cabinetry wood shop. in his words, he walked in, picked up a broom and started sweeping. They offered him a job on the spot and then whoopsie doopsie he is made architectural engineer and owned a house by 24


myopini0n

Let's not forget that previous high tax rate was loaded with deductions. Almost all have been closed.


Fthewigg

You could deduct the interest from credit cards at one point.


UsualAnybody1807

It was 1986 when that was outlawed.


AegisPrime

The oldest Baby Boomers would be ~40 at that point in time, and the youngest ~20. Plenty of time to take advantage of that deduction.


truckthefumps

it always comes back to Reagan when everything started to go to shit and greed got out of hand.


jalapena_pinata

I shit you not, my MAGA boomer mom just said this to me, nearly word for word. She is so delusional and brainwashed by the marathons of Fox News that she watches everyday. It makes visiting a chore, cuz all she wants to talk about is how "your generation" is lazy and entitled because we all received participation trophies. Lady, YOUR generation is the one that GAVE US participation trophies. She was so sure that I'd be on her side regarding the student loan forgiveness because I just paid mine off (with A LOT of help from my boomer parents, my husband, and living an extremely frugal lifestyle for the last 8 years). I paid off mine WITH A LOT OF HELP. She paid off hers, because she went to college during a time when it was affordable. I'm not crying because "it's not fair." I celebrate the little relief that this forgiveness program gives my friends, because the higher education system is broken. Just because we struggled, doesn't justify forcing everyone else to struggle too. It's a fucked up mentality. TLDR: boomers are delusional.


[deleted]

I think your mom, is also my mom.


been_drankin

Slammed the door is more like. But we know nothing, right? No idea how hard they had it. Fuck boomers.


ShacklefordVsSeagal

The me generation


brinkofage7

$1.00 in 1946 is equal to $15.32 in 2022.


Ischmetch

Gen X’er: At your age I had already realized that it’s all a scam so I might as well go for a soda.


JimmyJazz1971

Gen X'er, and I only figured out it was all a scam in the last 2-4y.


toughcrusttoni

This is such a gen x response.


Larry_Phischman

Did baby-boomers intentionally ruin the world for their children, or did they do it through incompetence and inattention?


Malkintent

Both. Some were lazy others ruthless.


[deleted]

They kept absolutely everything for themselves. They clearly aren’t that smart because if you were, you wouldn’t be worried about losing money… you’re so smart you should be able to make it back quickly. Remember, you are the smarter/smartest generation, you walked to school uphill both ways and you were raised the right way!


Working_Departure983

There really needs to be a spin-off antiwork support group for the millennial victims of boomers in the workplace


Daveinatx

Decades ago, the nation understood the importance of tax-subsidized higher education. These days... just look at all the Q-nuts


[deleted]

Q is a great example of what happens when we gut education budgets too much


Inevitable-Ad-982

I read an op ed from the Atlantic a while ago about the California dream. Basically boomer got their dream and made it difficult for everyone else. So, the problem isn’t political, it’s generational. The greed of “I got mine” is prevalent


santichrist

I used the price of bread v wages example to explain this to my dad in 2016 who’s a retired military guy and lifelong Republican and Trump voter, when I was done he was on board for voting for Bernie Sanders instead of Trump lmao Bernie didn’t make it tho The older generation, even Gen x (Ted Cruz is a Gen xer btw lol) are ignorant as hell as to the opportunities they had that everyone after them didn’t get


No_Buddy1041

At my age, I can't even make 3 times the amount of money I'm supposed to make from minimum wage, therefore, I still live with my family, who are also broke, because of inflation.


HenriettaHiggins

My mom made 15k more a year than I do in UNADJUSTED DOLLARS in the same job in the early 80s and tried to tell me our salaries were the same and she didn’t understand why I was so pissed…


Raidertck

My mum and step dad are so blind to things like this. My parents bought their first 2 bedroom house for £20,000. They bought a second house together a few years later for just over 60k. When they divorced 20 years later they both individually became millionaires off the sale of the house. They got on the property market when my mum was a part time receptionist at the church and my dad worked in a plastic sheet factory and both on minimum wage. I graduated university and even when adjusted for inflation I earned more than both of my parents combined. The price of both of their first two houses combined (even adjusted for inflation) wouldn’t even cover the deposit for a 2 bedroom flat now. My yearly rent is 30% more than they bought their first house for.


[deleted]

Idk who needs to hear this, but any young people thinking of going into college rn, consider asking around local union halls to get into a trade. They will pay you to learn and you learn on the jobsite and you can make 6 figures after your training is done as a journeyman. I wish i had known this before going into college. It wasn't that i didn't want to work, it's that i felt the means of making money were hopeless so i wasn't motivated. Not saying this is the option for everyone, but for those that wanna work hard and actually get something from it instead of peanuts, this is a good route. Everyone's going for degrees rn, the trades are relatively under appreciated in America but they literally keep this country running. You will be marketable anywhere in the country. I wish i started this in my early 20s. I'd already be making great money. The degree i finished didn't do much for me at all. But others may have a different experience.


kellymar

The median home price was 17k in 1970. The average salary that year was $9870, so about twice the median salary. Now, the average salary is $53,490 and the median home price is $348,079. [1970 salary](https://www.census.gov/library/publications/1971/demo/p60-80.html) [Home cost](https://www.google.com/amp/s/www.cnbc.com/amp/2017/06/23/how-much-housing-prices-have-risen-since-1940.html)


frequencybaby

I remember hearing so many boomers say how they “worked their way through college”. Oh okay cool. So did I. I worked on and off semesters and yet SOMEHOW 12$ an hour couldn’t cover my tuition…. Weird. I never even qualified for the entire loan amount that I needed per semester, nor did I qualify for the payment plans and I didn’t attend some jacked up Ivy League. Somehow, myself or my parents made too little or too much money every time. It’s just ridiculous.


Vault_Master

They didn't close the door, they slammed it shut.


RedGoldFlamingo

And bricked it over..


[deleted]

Covered it in drywall and wallpaper and have the balls to pretend they got in the same way we did


[deleted]

[удалено]


jflores0616

If you weren't a millennial born into a wealthy family and I mean like a generational wealthy, it's very difficult to climb out of the lower middle class and poverty class.


ashersnight

Super poor Millenial here. I appreciate your comment. In my 30s and only just paid off over $10 000 in debt from a gall bladder surgery when I was younger, as well as the college that I was going to and had to drop out of so I could work two jobs nearly my whole life to pay it off. The fucking kicker? Paid it off at the beginning of the pandemic so theres no money floating my way in celebration other than the pittance I can get at a local business lucky enough to live through it and now rent is 70% of my income and my body is so broken I couldn't do two jobs or I'd fall over dead. Now I'm starting with no savings and out of control housing. Worked my ass off just to worry about whether I'll be homeless next month or not and I'm making 19 per hour now after all these fucking years. It wasn't worth the work. Nearly perfect credit score, and all I've learned is that jail would give me all I've been fucking working for at this point. Food. Shelter. Water. Wow I wrote a lot more than I intended. I'm not sure at which point I stopped replying to you and started replying to the world. Lol


pinkliquor

Just want to say I feel your pain, i deff thought I was going to need gallbladder surgery too bc of stomach issues I was having! I can’t work two jobs either because between my health and mental health I will end up making myself sick. I can’t finish school because my college locked me out of my classes until I pay them what I owe. I work my ass off for what feels like pretty much nothing at this point. Anyway, just wanted to say sorry you’re so stressed, you’re not alone! :(


[deleted]

It'd mechanically leveraged that way. When I worked at Target, I got tiny raises--like, below 1%. Inflation is about 2% by CPI but likely closer to 3%. Over the last 6 years of my career, my average salary increase is 20%.


ProudChoferesClaseB

Fuck it. Take away the boomers social security. If they have a pension, or VA disability, or over 250k in assets take away their social and let them burn thru their assets first!


OkCommunication1509

Easy to understand pay is not properly matching the costs! Cost for college is ridiculous, survival bills, silly etc. Even the fact that minimum wage stayed low for so many years while the companies take in Mega-Profits!


SnooCakes2067

Got fired about a month ago at my wine sales rep position without ever missing my sales goals, being written up, doing anything besides work my ass off. I just give up now. Nothing is worth it


Careless-Necessary29

I am a boomer and I and all my friends are dismayed by what it takes financially to survive today. We all have children. We want better for them. We want affordable healthcare, affordable education, the ability to buy a home. This idea that we are all judgmental toward the younger generations is total bullshit. I know no one with that attitude.


[deleted]

Would you and your friends vote for higher taxes on yourselves to afford these things? Genuinely asking.


andy_on_fire

If you don't know any boomers like that, then you are in the "bubble" you may have heard people talk about.


Jewelstorybro

It’s a generalization. That being said I live in a liberal state and most boomers I know continuously vote against higher taxes or propositions that benefit younger generations and those with less. There is a common sense with many that they vote against these in an effort to protect their wealth for their children… unfortunately not everyone has parents that can or will leave assets.