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Media: Gen Z is Doomed
Brownstone Institute ^ | May 21, 2024 | Peter St Onge

Posted on 05/21/2024 1:44:36 PM PDT by Heartlander

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To: Heartlander
If you try to tell them to save money and how to do it half will tell you that you just do not understand. They need that $30 dinner delivered by door dash when they could have gotten it for $15 by spending five minutes in the drive thru on their way home. And they need to spend that $200 to go to the bar.

They are eating and drinking all their money away and say that is the only way to have a "life". Let's not even get into the amount they spend on recreational pharmaceuticals.

The other half do get it and are learning life skills like how to cook, how to fix stuff and how to save.

I do have hope for them.

21 posted on 05/21/2024 2:28:31 PM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: Heartlander

Not a surprise. They’ve never bothered to educate themselves. “Snow days” are more important.


22 posted on 05/21/2024 2:30:25 PM PDT by HIDEK6 (God bless Donald Trump)
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To: Vermont Lt
I know I did not have a mortgage at 27.

Not only did I have a mortgage at 27, I had just been honorably discharged from my 6 year military obligation, thus fulfilling a duty of citizenship.

23 posted on 05/21/2024 2:35:47 PM PDT by HIDEK6 (God bless Donald Trump)
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To: MCF

The White birthrate. Not going to stop any other group.


24 posted on 05/21/2024 2:38:01 PM PDT by ClaytonForester
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To: Heartlander
All this debt, of course, is now driving delinquincy rates, with auto loan delinquencies rising by half

People including myself were expecting a glut of used cars on the market once the Covid payments stopped and that didn't happen.

25 posted on 05/21/2024 2:45:35 PM PDT by Lizavetta
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To: Heartlander

I’m so old I consider $200 a month to be a reasonable car payment.

I have a buddy that runs a dealership. He laughs at me. The low $400’s a month will get you a POS. A decent vehicle will be closer to $600 a month.

I wanted a new pick up truck. IF I was willing to go 6 years of payments I could get a basic model for about $700 a month.

That’s nuts.

I’m old...


26 posted on 05/21/2024 2:46:08 PM PDT by Crusher138 ("Then conquer we must, for our cause it is just")
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To: Heartlander

But they still vote democrat.

I want them to feel pain. Lots of it, until the Rat Party is exterminated. /spit


27 posted on 05/21/2024 2:47:13 PM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: VTenigma

we the people must give him the ability to fix this...

and make it known we won’t put up with any more malarkey.


28 posted on 05/21/2024 2:47:27 PM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )
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To: rottndog
Just wait until Gen Z figures out they have to pay all the bills the boomers are running up right now...

They are not going to pay.

...in addition to their own bills...

They are not going to pay those bills either.

The process of sorting out the claims will be most - untidy. Whoever survives will get whatever is left. That will have very little to do with laws or lawyers or courts.

29 posted on 05/21/2024 2:48:57 PM PDT by flamberge (Everybody will hate it when we all play by the same rules.)
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To: bigbob

I’m talking about boomers who didn’t work hard (there are a lot of them) and think all their needs should be provided for on the backs of taxpayers....who have helped run up the debt to where it will take generations to follow to pay that money back.


30 posted on 05/21/2024 2:55:39 PM PDT by rottndog (What comes after America?)
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To: Heartlander
What about Gen I-A? (Illegal Aliens)

They think they are in paradise.

31 posted on 05/21/2024 2:55:49 PM PDT by Bernard (“God's cruelest punishment is to let you reap what you sow.”)
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To: Allegra

That is true...I should have included that caveat.


32 posted on 05/21/2024 2:56:33 PM PDT by rottndog (What comes after America?)
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To: rottndog

“Just wait until Gen Z figures out they have to pay all the bills the boomers are running up right now...in addition to their own bills..”

Gen Y/Z already hates the boomers with the burning passion of a 1000 suns.

Just go to reddit and type in boomers... the seething hatred is palpable. America has been transformed, yet they blame the boomers instead of the fundamental transformers. (cough zero cough).


33 posted on 05/21/2024 3:02:20 PM PDT by Reddy (BO stinks)
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To: bigbob

Boomers run the country. Boomer Marxist filth run the government. Boomers are a garbage generation.


34 posted on 05/21/2024 3:05:02 PM PDT by wildcard_redneck (He who sacrifices freedom for security deserves neither.)
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To: ridesthemiles

Most Gen Zrs are good kids that will likely follow your path...but is it fair to bring them into this world already owing $100+K in debt that was spent on previous generations? Did generations yet unborn consent to being tax slaves to the dead?


35 posted on 05/21/2024 3:06:47 PM PDT by rottndog (What comes after America?)
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To: flamberge
The process of sorting out the claims will be most - untidy.

That's EXACTLY what I'm talking about.
36 posted on 05/21/2024 3:09:56 PM PDT by rottndog (What comes after America?)
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To: HIDEK6

I love it when you make a general statement and someone comes back with a silly pedantic comment that adds nothing to the conversation—rather points the spotlight on themselves.

Yes, you did that. Thank you for your service. You are ahead of the curve.


37 posted on 05/21/2024 3:11:10 PM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: angry elephant
kicking the can down to their children and grandchildren.

My father is in his mid-eighties and it turns my stomach to hear him actually say "well, I won't be around to have to deal with that."

That's not how he brought us up. I can't imagine leaving my kids (and hopefully grandkids) with my debt so I could live off the fat of the land.

Truly shameful.

38 posted on 05/21/2024 3:11:59 PM PDT by End Times Sentinel (In the conflict between the stone and the stream, the stream will always prevail.)
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To: angry elephant
as a 70 yro, I can honestly say I have always voted with the long term effects in mind, hoping that the future is good for our children and grandchildren...

yet too many older people voted for selfish reasons...too many were and are just stupid and too many are stuck on the rat plantation...

govt workers and their retirees really do not care about the rest of the country...

fact...nobody cares about anyone else for the most part.

39 posted on 05/21/2024 3:17:34 PM PDT by cherry
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To: Allegra

Starting 1981, the debt started snowballing and has t stopped. Both parties contributed to the mess.


40 posted on 05/21/2024 3:18:10 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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