Discontent Towards Boomers

[EyeBRollin]

I believe that Boomer-era capitalism has been more of crony capitalism than pure capitalism. There needs to be a pure model of capitalism rather than the perverted crony capitalism we've seen of the last 20-30 years.

Cronyism is a feature of capitalism, not an aberration.

 

[CornbreadFed]

This is a valid point. I have been one of those Millennials who has seem Boomer capitalism fail in my own life. What I went through when 2008 hit and I was graduating was really bad.

I believe that Boomer-era capitalism has been more of crony capitalism than pure capitalism. There needs to be a pure model of capitalism rather than the perverted crony capitalism we've seen of the last 20-30 years. I believe this is closer to the real answer than moving more towards non-free market socialism.

Capitalism is in trouble due to the unreplaceable baby boom equity and population decline crisis.

 

[The Duke]

In 1963 the average college tuition was $4400. In 2020 it was $19,000. That is an increase of 4.3 times.

In 1963 the average house was $18,000. In 2020 it was $391,000. That is an increase of 21.7 times.

In 1963 the median family income was $6200. In 2020 it was $78,500. That is an increase of 12.7 times.

Damn boomers should have raised the price of college tuition more than they did to keep up with everything else. ;-)

 

[zekko]

Let me just say this regarding all the bitterness towards boomers: Sure, at the moment we hold most of the money (you guys will too when you get to be our age). But as we die off, the next generation will be inheriting it. So be patient, and keep hoping we're dead I guess. The other thing is it's the Gen Zers who seem to be the angriest. Seems like they could be just as angry at the Gen Xers or Millenials.

The normie range Boomer woman still had respect for the normie range Boomer man and didn't have ridiculous expectations for one. Now, normie range Millennial and Gen Z women don't want much to do with normie range Millennial and Gen Z men.

That is true. Another observation I can make is that back then, guys weren't as obsessed with being ripped and shredded like they are now. Sure, we had Arnold Schwarzenegger as a movie star, but look at the actors then compared to actors today. Today, it's like even the waiter working in the background has 20 inch biceps. That wasn't the case then. But on the other hand, we didn't have the obesity epidemic either, so most guys were more in the middle. Now days it's like most guys fall into either two groups: The fat, out of shape guys, or the obsessed gym rats. All this obviously has something to do with why women now want the ripped guys.

I lifted back then, so it was a thing, but it wasn't to as much an extreme. An example of an in shape guy from back then would be like Michael Landon, who would just be considered to have a normal physique by today's standards.

 

[CornbreadFed]

Let me just say this regarding all the bitterness towards boomers: Sure, at the moment we hold most of the money (you guys will too when you get to be our age). But as we die off, the next generation will be inheriting it. So be patient, and keep hoping we're dead I guess. The other thing is it's the Gen Zers who seem to be the angriest. Seems like they could be just as angry at the Gen Xers or Millenials.

I am not sure for Gen X, but for later millennials like myself, we will be nowhere near y'all's wealth level at your age unless a miracle happens. If you could tell me during a time of Boomers in the workfroce that making six figures could still have you living paycheck to paycheck then please inform me.

 

[CAPSLOCK BANDIT]

In 1963 the average college tuition was $4400. In 2020 it was $19,000. That is an increase of 4.3 times.

In 1963 the average house was $18,000. In 2020 it was $391,000. That is an increase of 21.7 times.

In 1963 the median family income was $6200. In 2020 it was $78,500. That is an increase of 12.7 times.

Damn boomers should have raised the price of college tuition more than they did to keep up with everything else. ;-)

You make a very disingenuous point with your stats here though and you probably dont even know why, so I won't say you are doing it purposefully, but in 1963 I would almost guarantee you that a very large portion of that family income was made by a single person, that being the man alone.

In 2020, do you know the amount of families that can create the median income off a single stream of income? Significantly less than it would of been in 1963. Average man today makes an income of just over 30k I believe.

 

[SW15]

Average man today makes an income of just over 30k I believe.

https://www.thestreet.com/personal-finance/average-income-in-us-14852178#:~:text=Different%20people%20with%20different%20factors,%24958%20or%20%2449%2C816%20per%20year

.

The median weekly earnings for men in 2022 was $1,154 or $60,008 per year. The weekly median earnings for women was $958 or $49,816 per year.

 

[zekko]

I am not sure for Gen X, but for later millennials like myself, we will be nowhere near y'all's wealth level at your age unless a miracle happens. If you could tell me during a time of Boomers in the workfroce that making six figures could still have you living paycheck to paycheck then please inform me.

Your generation is making more than mine did. What's robbing you is inflation. I would argue that larger government is a big factor in driving inflation, but the younger generations are more in favor of large government than we are.

 

[EyeBRollin]

Your generation is making more than mine did. What's robbing you is inflation. I would argue that larger government is a big factor in driving inflation, but the younger generations are more in favor of large government than we are.

Bigger population needs a bigger government. The demands of infrastructure grow exponentially, not in a linear fashion.

 

[BillyPilgrim]

Bigger population needs a bigger government. The demands of infrastructure grow exponentially, not in a linear fashion.

Lolz because those demands are coming from the gov't itself in the form of budgetary hunger. We're all going to die if we don't use the entire budget every year!

 

[Stanley]

Your generation is making more than mine did. What's robbing you is inflation. I would argue that larger government is a big factor in driving inflation, but the younger generations are more in favor of large government than we are.

I'd argue that many young folks see larger government as the cure with modern 'leftism' being sold as the prescription. Quoting Sir Roger Scruton losely, a larger government appears to provide answers to the questions and issues found in younger demographics. To a younger person the allure for larger government is certainly there.

 

[zekko]

I'd argue that many young folks see larger government as the cure with modern 'leftism' being sold as the prescription. Quoting Sir Roger Scruton losely, a larger government appears to provide answers to the questions and issues found in younger demographics. To a younger person the allure for larger government is certainly there.

Yeah, I'm sure young Stalinists thought the same thing.

 

[CornbreadFed]

It’s not just inflation, our jobs aren’t as stable and take more time and money to get in to. Yes, we can make 100k, but that took student loan debt, 5 plus years of schooling, and etc. Politics aside, the boomers benefited from more government than my generation. The only thing I ever remember receiving from the government was the Covid stimulus check.

 

[SW15]

our jobs aren’t as stable

Which is why it is good to know how to get laid while unemployed!

Getting Laid While Unemployed And Living In Your Dad’s Basement

 

[CornbreadFed]

Which is why it is good to know how to get laid while unemployed!

Getting Laid While Unemployed And Living In Your Dad’s Basement

It is not as great as it seems. I was unemployed and severely underemployed (which is worse btw) in my late twenties and it was always stressful. I had to always tell white lies about my current employment status. I had to fake confidence to a huge degree because being unemployed sucks for a guy. The worst was the financial strain and having to stress over the cost of dates. One time my card got declined during a second date and I had to make up some excuse off the top of my head, and she paid for the meal. I still got laid btw lol. When you are poor, you learn how to become a story teller lol. Last, you aren't going to land decent women either. High quality women do not like broke or bum@$$ men period!!!

 

[Stuffnu]

This is all BS!

When governments print money causing hyper inflation, corporate greed over modest profits, biased media instead of non-partisan news, and educators who are more focused on gender pronouns and non-binary bathrooms, then blame it on whoever because this is their game plan.
Have us steerage pointing our fingers at each other and not holding these yahoos accountable.

Perhaps that’s why the older generations did better because they weren’t so damn divisive.

 

[zekko]

Politics aside, the boomers benefited from more government than my generation.

There's more government now than there was when I was growing up.

I was unemployed and severely underemployed (which is worse btw) in my late twenties and it was always stressful.

Unstable employment is often a part of your twenties and establishing yourself, especially if there is a recession. I had to go through the same thing myself, but more in my early to mid twenties. I don't know how many times I got laid off, or the place I was working went out of business. It's just part of the process. It's hard on men because men take a lot of their self esteem from their occupation, so it's important to get that part of your life squared away. But it can take some time. The main thing is don't give up, and try to find a field you can excel in, and that there will always be a need for.

 

[SW15]

I was unemployed and severely underemployed (which is worse btw) in my late twenties and it was always stressful.

I experienced both these things in the late 2000s/early 2010s.

I had to always tell white lies about my current employment status. I had to fake confidence to a huge degree because being unemployed sucks for a guy. The worst was the financial strain and having to stress over the cost of dates.

I can identify with this because it all happened to me. There were times where I was paying for dates with women with a higher salary than I had. I did not like that.

One time my card got declined during a second date and I had to make up some excuse off the top of my head, and she paid for the meal. I still got laid btw lol. When you are poor, you learn how to become a story teller lol.

That is some solid game.

Last, you aren't going to land decent women either. High quality women do not like broke or bum@$$ men period!!!

There are some women who will go for broke, tattooed dirtbags.

If you look respectable and you're unemployed, that's not good.

Bougie White women tend not to like unemployed men long term, but with enough game it's possible to get one for a night. Roosh did bang a woman who drove a BMW in that article I linked.

 

[Stanley]

Unstable employment is often a part of your twenties and establishing yourself, especially if there is a recession. I had to go through the same thing myself, but more in my early to mid twenties. I don't know how many times I got laid off, or the place I was working went out of business. It's just part of the process. It's hard on men because men take a lot of their self esteem from their occupation, so it's important to get that part of your life squared away. But it can take some time. The main thing is don't give up, and try to find a field you can excel in, and that there will always be a need for.

Since graduating College after 6 years and entering the workforce full time during the pandemic I experienced this.

My friends were fortunate to be given high paying jobs straight out of school and received funding from their parents. My boomer parents put a roof over my head and allowed me to work and finish school. that alone is enough. Since, i've been let go from jobs, worked with companies that have failed and have done some of the most grunty laborious work and made little money. I kept my head down, put my blinders on and allowed the envy and bitterness to subside. I'd rather transmute that into my own endeavors.

Now, after trials and tribulation my side gigs allowed me to leave my low paying job and I was able to work for myself fully independently, I am my own boss. Am I stable? No, but I thrive in that environment and actively sough out this path. I think regardless of generation, most men will encounter a period where they are tossed into the crucible and have to come out forged stronger. It is part of life and puts hair on your chest. I think we often see many today not coming out of that forge for the better, people seem defeated and lacking in morale. I think the lockdowns contributed to that greatly as well.

 

[zekko]

My friends were fortunate to be given high paying jobs straight out of school and received funding from their parents. My boomer parents put a roof over my head and allowed me to work and finish school. that alone is enough.

I went through a long stretch where it seemed like all my friends made more money than I did. But I kept at it, and ended up earning more than nearly all of them. I like that you appreciate your parents' contribution to your life, that is appropriate and honorable. My parents were dirt poor, but they did right by me, and I would never be able to repay them for what they provided me.