Posted on 09/26/2020 6:15:11 PM PDT by cuz1961
Kajillionaire' shows how boomers stole from millennials — and what they'll keep stealing
(Excerpt) Read more at nbcnews.com ...
I wish millenials would blame themselves for their problems.
The traditional way for governments to deal with debt is to inflate it away. This has worked since at least the days of the Roman Republic and it will keep on working.
Don't lose any sleep about the national debt -- it will soon be a small fraction of GDP.
” The oldest baby boomers are now 74 years old and the youngest is 56 years of age.”
His first ‘normal’ year was the year I was born. Both my parents were determined to make sure I did not go through what they went through in their early years. I was spoiled rotten. They voted for all kinds of wonderful things that I benefited from. I grew up in California. I got to go to the University of California system with zero tuition for my four years. I didn’t vote for that, someone else did.
When Reagan came along and said it was unfair for working people to pay taxes so that middle class kids to go to college/university for free, we students thought he was a monster. The fact was, the Greatest Generation voted in benefits that Boomers as well as them, got to take advantage of.
I don’t know that Boomers stole from Millennials, although I can certainly see why Millennials might think that. Boomers have been such an important voting-bloc for so long that politicians have been hesitant to cut back benefits that Boomers enjoy. But the fact is, it was Ronald Reagan—not a Boomer—that insisted that students in the California university/state college systems start to pay their own ways.
I wish they would see that we don’t want them to fail, that we want them to do well and exceed, and that they should learn from our mistakes. But there are other factors involved, like the media which enjoys feeding division among people.
“Baby Boomers are going to vote themselves social benefits until there is nothing left to spend.”
I, on oldest boomer, was too young to vote when medicare was started.
I would have done better had my SS security donations been put into a checking account.
There are more than a few boomers I wish would just drop dead. They are theives and manipulators and repugnant towards civility.
I give the TGG a bit of a pass, living and growing up through the hard scrabble depression, only to be “saved” by a brutal global war and then hard earned prosperity, a home and family, cocktails... their children (the boomers) had it much better than the parents did, and TGG sort of rested on their laurels and the kiddies ran amok because TGG wore themselves out (or met untimely hard deaths) getting to the 1950s.
And I am a boomer.
Both of my nieces worked and got scholarships, lived at home with their parents and got degrees that had them going into the job market with offers waiting.
The youngest did have to take out a small loan ($3,000) because of Kung Flu shutting her job down. She does not know it but her graduation present is going to be having that loan paid off so she can start with a clean slate.
Us Boomers and X-ers are just so mean!
It had gotten to the point that what we achieved “back in the day” isn’t really comparable to a lot of what young people deal with today. The adjusted cost of housing is much higher today. The cost of medical care. The cost of gas. The cost of higher education has gone up astronomically — and yes, higher education is a scam to some extent, but you aren’t going to be a doctor or engineer without higher ed. Insurance requirements and the cost of insurance. Cars today are more expensive and much harder to work on yourself. Young people are buried under a monstrous cost of living, it’s much harder to scrape by like we used to.
I know some very successful millennials. But not everyone has the chops to be an engineer or a doctor. The Trades are hard to crack into these days too, if you aren’t thinking ahead when you’re 16. I saw a comment somewhere here that millennials are too stupid to earn a viable living. The truth is, the cost of living has gone up and good livable jobs have shrunk. It didn’t used to be that people who weren’t clever and handy and weren’t higher than average intelligence faced the prospect of never being successful no matter how hard they worked. But today, that is more and more the case. Hence, people aren’t able to get ahead until much later. As long as they’re working we shouldn’t be tossing snide comments down on them.
The movie is very good, IMO.
Did you also enjoy Clockwork Orange ?
I was in an speed reading class in 8 the grade in an basket weaving libtard jr.high school.
I pulled my teacher into her office,,closed the door , showed her where I quit reading and asked her if she thought it was appropriate for 8 th graders. She blanched and asked me if I had shown the passage to my parents. Told her no,,but if she didn’t throw that book away I was going to pitch an epic fit /-).
That’s about the time I started seeing the scummy commie crap brainwashing being snuck into education by scummy commie acedameia.
Stuff like the telephone game English lesson that had nothing to do with English and everything to do with realative truth and situational ethics and commie scum post modernist libtard brain washing.
That and the who do we kill first and eat so we don’t starve in the lost at sea lifeboat English lesson.
Those times I did throw an epic fit about the non English lessons that I got sent to the office over.
And this movie is just more of that type of commie propaganda promoting bilge.
These Boomers have paid 15% of their income for 45+ years. They will only get a fraction of what they've been forced to "invest".
LOL, I have to say...”enjoy” isn’t quite the right word!
I was deeply impacted by the movie...I thought it was VERY well acted and directed.
My wife was angry about it. She said “It was all just pointless violence!”
To which I replied “YES! THAT was the WHOLE point of it!”
(Heh, never mind the Liberal approach to rehabilitation of a pathological criminal who was willing to game the system)
I have built up a library of movies, probably between 50-100 I guess, small numbers, but...important in my mind.
A Clockwork Orange is one of them.
For all that, I’ve seen nastiness towards millennials for far, far longer than “ok boomer” has been a thing. Millennials, in addition to living in a bizarre world, are dealing with the most fundamentally changing employment situation since the industrial revolution, with debt, both brought on themselves and left to them by us, to contend with. I’m not surprised they’re pissed. At least most of them are old enough now that they won’t have to fight a world war if one crops up. May Gen Z be so lucky as well.
Life’s a bitch.
Learn to code.
LOL, I have to say...”enjoy” isn’t quite the right word!
/-)
I’m quite glad to hear that.
I have bought a couple movies that I didn’t find any pleasure in but have them in my collection for the impact they had on me also.
13 Hours
The Hurt Locker
The Outpost.
You should add “The Lives of Others“ to your list.
.
Born June 29, 1945, by most interpretations, I’m a little too old to be a “boomer” and too young to be of “the greatest generation” I suppose I’m an “in betweener” and spell check just told me that “betweener” is not even a word. Now what’s a 75 year old man supposed to do?
Do you know the answer dear friends Leni and Mears? I trust your guidance in this matter.
Boy did I get your goat. Having spent a lifetime studying at, working with an funding universities research I have a very good idea how universities work.
30% of residents of Washington DC have graduate degrees. Most are worthless, but that is the requirement now for most jobs. Want a job in DC working for an agency or a contractor supporting an agency. You need an advanced degree to get a "good job." Why? Most of the work could be done by an intelligent person with a diploma from a really good old-time high school. But submit such a resume and it goes in the trash.
So you go and get a Masters in Public Administration from Georgetown and get a job in the policy shop of an agency writing policy white papers. It's a useless activity. And Trump's folks don't even read them which is why Trump is hated in DC.
But to get a $150K job in DC you need $200,000 in debt from one of these schools. That's economics for you, supply and demand. It's all a distortion of free market economics caused by public spending, an "externality" as the free market economists call it. But it's a lot of money and a real thing.
And all of this really got going after the boomers graduated from these universities and started running these universities. So, the boomers invented the modern dysfunctional university.
And yes I know Harvard was founded in 1636 etc. etc. But the Ivy League school of today is the dried up carcass of what it was 70 years ago.
You are clearly a smug self-satisfied unaware dolt incapable of even seeing, much less understanding the world of today.
Too funny - us Boomers worked since we were teens and watched as more and more Millennials were awarded “benefits” from our labors.
Without us and our work ethic, many Millennials would be eating out of dumpsters.
>>It had gotten to the point that what we achieved “back in the day” isn’t really comparable to a lot of what young people deal with today.<<
You missed the point.
It isn’t whether I could afford it or not. I went out into the world and stood (and fell FEQUENTLY) on my own 2 feet. My decisions were mine, the results were mine, the scrapes and scabs were mine. And I was not alone. Many of my contemporaries did the same.
I saw my family all the time but I took my laundry to the laundromat (unsurprisingly, I learned to do cook, cleand and do laundry when I was a kid).
I was close with my family and my mom and dad, and I would solicit advice but it was I who stood up for me.
This “art” of growing up is lost in Millennials.
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