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KungThulhu t1_ja8gdml wrote

Reply to comment by yamaha2000us in Young generations tend to judge or pity for old generations but the fact is that the later are apparently happier, less anxious and more content with what they achieved or failed to. by red-ed

Then why are you trying to act like thigns arent significantly and factually more expensive and dire than in the youth of boomers?

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yamaha2000us t1_ja8i55v wrote

Until someone starts providing actual statistics that are tied to the resolution, there will be pushback.

Using terms like “crippling”.

My home sells 3 times that value than I paid for it.

My salary is 2 times the salary of when I paid for it.

The same thing happened to the boomer generation.

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KungThulhu t1_ja8j6j9 wrote

>Until someone starts providing actual statistics that are tied to the resolution, there will be pushback.

https://dqydj.com/historical-home-prices/

https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

https://www.weforum.org/agenda/2019/04/50-years-of-us-wages-in-one-chart/

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>My home sells 3 times that value than I paid for it.

My salary is 2 times the salary of when I paid for it.

What? those sentences both simply do not make sense and i dont know what youre trying to say.

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yamaha2000us t1_ja99i46 wrote

Here is a different viewpoint about home prices.

https://www.cnbc.com/2017/06/23/how-much-housing-prices-have-risen-since-1940.html

As for inflation. The prices of a home is not controlled by inflation but by supply and what people are willing to pay.

Your wages only go back to the 1960's. You need to go back further as to understand what has happened to the Nuclear Family.

Prior to the 60's, women were an auxiliary workforce. Once the Student Loan Program kicked in, more women got degrees and joined the working world. In essence the earning value of a family increased by at least 1/3. The ripple of this is being felt to this day.

My parents were boomers.

I am Gen X. Since both parents worked, I was raised by my Grandparents.

After Gen X, the grandparents had not retired so all age levels are working. So now there are additional expenses for a family
such as daycare etc...

Which created more income.

Which created Higher Prices.

Anyone who throws out the word "Boomer", is parroting buzzwords...

What exactly can you hold the boomer generation accountable for something that was never in their control?

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KungThulhu t1_ja9bhff wrote

All youre saying is a major cope. i gave you the sources and you talk about something different.

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yamaha2000us t1_ja9egqm wrote

I gave you sources that challenged your sources.

It's actually how I learned to Cope.

The extra was a gift. There have been quite a few studies about that additional information. Its impact of a dual income family was huge to the economy. It has nothing to do with the Boomers. But its more comfortable to throw the buzzword on the table.

1940's economy. 1 income all classes of workers in the same boat.

1960's economy. 1 income all classes of workers in the same boat. Creation of the Educated Middle class.

1970's economy. 2 incomes people are able to purchase more.

1980's economy. 2 incomes people are able to purchase more.

1990's economy. 2 incomes people are able to purchase more. Younger generations creating bidding war and creating property ladders. Non-educated class removed from the American dream. Educated Class is OK.

2000's economy. All generations working. Younger generations still creating bidding war and creating property ladders. Boomers are out. Non-Educated Lower class are ignored by the Educated Class.

Now... The educated class can't get past what all of the prior generations have done since the 1970's.

Coping is a mechanism all generations must learn.

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KungThulhu t1_ja9f3sw wrote

>I gave you sources that challenged your sources.

No you gave me a link to an opinion piece while i gave you links to hard data that cant be argued with. You simply cant admit youre wrong so you try to chnage the subject but i dont care for that.

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yamaha2000us t1_ja9pkdf wrote

Just because your links support you position does not make them any more or less qualified than mine.

I don’t have to admit that I am wrong when I have proof of my position. You have to refute my sources.

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KungThulhu t1_ja9pxpu wrote

they are data provided by the government idiot. your "source" is an opinionwritten by someone with noe experience or qualifications abotu the topic.

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yamaha2000us t1_ja9qphj wrote

Only the last one quotes a US government source and it doesn’t go back to the 40’s which is less than the scope that I am addressing.

Which means I have hit a nerve as you are now throwing insults in the conversation as opposed to refuting my sources or responding to my challenge of yours.

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KungThulhu t1_ja9r5mj wrote

im insulting you because youre a fucking dumbass and the conversation was over the moment i gave you sources and you just didnt accept them.

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yamaha2000us t1_jaa4yc5 wrote

But I provided sources and don’t feel the need to be insulting.

It’s like you fire all of your bullets and missed the target every time.

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KungThulhu t1_ja8xsly wrote

so i give you the sources you want and now you wont respond? Almost like you realised i was right.

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