User Panel
[#1]
|
|
[#2]
Quoted: Boomers were the beneficiaries of the largest easiest economic expansion in the history of humanity...then when that ran dry they indebted the rest of us while simultaneously offshored all industry to the 3rd world...now expect us to host the entire world of illegals so their "social security" checks keep coming... But ya boomers had it "hard" apparently View Quote |
|
[#3]
Quoted: They sure had it easy. https://31f66o1oliie10ubes1dlfni-wpengine.netdna-ssl.com/wp-content/uploads/2019/06/1200px-Vietnam_Memorial_Wall_with_Washington_Monument-1200x630.jpg View Quote View All Quotes View All Quotes Quoted: Quoted: Boomers are the softest generation is the history of humanity Literally every generation ever has had it harder They sure had it easy. https://31f66o1oliie10ubes1dlfni-wpengine.netdna-ssl.com/wp-content/uploads/2019/06/1200px-Vietnam_Memorial_Wall_with_Washington_Monument-1200x630.jpg Their kids been at war far longer than they ever were lol. |
|
[#4]
I admire boomers. They are hard workers. They know a lot. They are the only ones of thier time who actually had kids. In other parts of the world, there is no millennial generation. I've learned a lot from boomers. One of the reasons I come to this site is boomer wisdom.
Actually, boomers were coming of age in the 70s. They dealt with high inflation and unaffordable housing. |
|
[#5]
Quoted: I admire boomers. They are hard workers. They know a lot. They are the only ones of thier time who actually had kids. In other parts of the world, there is no millennial generation. I've learned a lot from boomers. One of the reasons I come to this site is boomer wisdom. Actually, boomers were coming of age in the 70s. They dealt with high inflation and unaffordable housing. View Quote Well it’s silly to hate a whole generation. There are great people and worthless people. Both Gen Z and Boomers. |
|
[#6]
Quoted: Once again, we will witness the fight between those who point out economic realities, versus the bootstrappers who insist that reality has no impact on your earnings potential. View Quote Are the company men here yet. Who insist it’s normal working more hours than an antebellum slave……… |
|
[#7]
Quoted: I admire boomers. They are hard workers. They know a lot. They are the only ones of thier time who actually had kids. In other parts of the world, there is no millennial generation. I've learned a lot from boomers. One of the reasons I come to this site is boomer wisdom. Actually, boomers were coming of age in the 70s. They dealt with high inflation and unaffordable housing. View Quote These arguments are basically confined to the internet, ime. Basically all the boomers I know are good, decent people, and they get it. They mostly know things aren't the same and have a little bit of empathy, instead of running around spewing venom about how these damn young people are just lazy faggots who fumbled the golden goose One thing is for sure, they don't have their heads filled with rocks like some boomas on the internet. They can also do math. |
|
[#8]
|
|
[#9]
|
|
[#10]
|
|
[#11]
|
|
[#12]
|
|
[#13]
Gen Zs are screwed. Automation and technological improvements is displacing human labor. Better to own capital than sell your labor. You can try bootstrapping all you want but when you need capital to launch your business, you're beholden to the fat pigs.
|
|
[#14]
I don't know how anyone could look at how wages began to slowly decouple from productivity in the 70s then ramp up in the 90s and 2000s and not see the difference. You don't even need to factor in home health or tuition prices.
|
|
[#15]
Quoted: They definitely have it harder than the boomers... Boomers could assume the girl they were dating was a girl. Now you don't know what kinda hildebeast you may come home with. View Quote In the flip side, for 5 buck you can look at her only fans and verify that she has an acceptable vagina. |
|
[#16]
|
|
[#17]
Quoted: They sure had it easy. https://31f66o1oliie10ubes1dlfni-wpengine.netdna-ssl.com/wp-content/uploads/2019/06/1200px-Vietnam_Memorial_Wall_with_Washington_Monument-1200x630.jpg View Quote View All Quotes View All Quotes Quoted: Quoted: Boomers are the softest generation is the history of humanity Literally every generation ever has had it harder They sure had it easy. https://31f66o1oliie10ubes1dlfni-wpengine.netdna-ssl.com/wp-content/uploads/2019/06/1200px-Vietnam_Memorial_Wall_with_Washington_Monument-1200x630.jpg My dad has friends on that wall. And I suppose the important lesson is that they learned from this disastrous mistake and never sent their own kids off to a couple different bullshit wars that lasted almost twice as long. |
|
[#19]
I see several boomer references to “saving and investing” or “not spending every dime you have.”
1. Sure would be cool if we could get more than 0.25% interest in a savings account during our inflationary years And 2. The stats show that boomers have no fucking idea how to save instead of spend Something I’m seeing missed/ignored is education/certification creep. I do the same job as my father (retired). When he started he needed a bachelors and a certificate (his program also had stipends and free books). I needed a masters. People coming out now have to have a doctorate. |
|
[#20]
FPNI. The damage has already been done and we're just on our way down
|
|
[#21]
|
|
[#22]
Those statistics show what the effect was not how it happened. Important detail.
|
|
[#23]
Hard Times create Strong Men
Strong Men create Good Times Good Times create Weak Men Weak Men create Hard Times Rinse repeat |
|
[#24]
The boomers are to blame for everything since January 1st of 1945 until today so there's nothing that can be done except wait for softer times.
|
|
[#25]
The whole new generational thing - this is a manufacturer tool of the liberals - gives boogiemen to the weak men among us.
|
|
[#26]
Quoted: That’s how free sh*t works. And taking your money off of anything of value. But really we’ve been done since 1913. It’s finally catching up to us. View Quote Fuck you Teddy Roosevelt, and fuck your political ambitions. You should have just gone to Africa and hunted after you left the military. |
|
[#27]
Quoted: the world is getting worse and you just expect us to shut up and not think about it? typical boomer response View Quote View All Quotes View All Quotes Quoted: Quoted: the boomer hate warms me used to feel halfway sympathetic towards the loudest criers in here now? fuck’em you get what you get, not everyone wins better off figuring out what will make you win rather than cry about it here if you can’t win, give up please, please just stop whining for the love of god the world is getting worse and you just expect us to shut up and not think about it? typical boomer response Nah, keep crying about it. Maybe Biden will give all the whiney bitches some Biden bucks. JFC, bunch of fucking titbabies. I'm gen X, boomers had some things easier and others were more difficult. Every generation goes through good and bad times. But goddammit the fucking crying an wailing of the entitled is wearing thin. If it's too tough to "adult", then give up. Don't fucking care anymore. |
|
[#28]
Quoted: Gen Zs are screwed. Automation and technological improvements is displacing human labor. Better to own capital than sell your labor. You can try bootstrapping all you want but when you need capital to launch your business, you're beholden to the fat pigs. View Quote Capitalize on this. Every generation sees a tech shift and changing production methods. Our manufacturers will automate every thing they can within the next decade, but they can't fill all positions. Bootstrapping always applies. Or you can wait for someone to do it for you, but that most likely won't happen. |
|
[#29]
Quoted: What is the population percentage breakdown by generation? Won't the die off of the Boomer generation cause a huge transfer and dissolution of wealth accumulations? For instance, Boomer parents with $xxxxx pass and leave that money divided equally among their 2.3 children? View Quote Nah, boomers will reverse mortgage their houses to blackrock and vanguard, buy an rv, pretend they’re forever 25 touring breweries around the country, leave their progeny with jack shit, and bitch about their own children. |
|
[#30]
Does the 100% more for homes include the difference between +18% interest rates and the 4% ones we have now?
|
|
[#31]
|
|
[#32]
Quoted: Does the 100% more for homes include the difference between +18% interest rates and the 4% ones we have now? View Quote Doing the math: Average home price in 1980 was $55,000. And that was up substantially from the 70s. So giving some benefits that way. I calculated it with an average interest rate of 13% which, is also high as the decade saw an average of 9% interest. Inflation adjusted, on a 30 year mortgage assuming you didn’t refinance it later on for a better interest rate, you’re at around $746,000 total pay off 30 years later. Doing the same math backwards: Average home price in may of 2022 is $388,000. ~259.7% inflation since 1980. That home is now worth $107,000 in 1980. 30 year loan pay off again, at todays interest rates of 5.9% for 30 year fixed. That brings us to $776,000 pay off. So yes. Home prices have statistically gone up. Also the 1980s were peak interest rates. In the 90s you saw 3-5% interest rates - which also would of been peak home buying for boomers. And 2000+ yeah… Looking forward: we all know the low interest rate train can’t last forever. We also know home prices are going to continue to sky rocket due to labor and building material costs. We also know the pay is still stagnant. We also know my comparison above isn’t right because it’s a lot harder to get your down payment - even using 10% figures - for a larger sum of money. Barrier for entry and all, is much higher for new home buyers today, than it was for boomers. Again, math. Y’all can do this yourself you know. |
|
[#33]
Boomers raised the current generations, millennials and zoomers. They are the ones to blame for any and all of the crap that happens today by both voting for shit people, and raising a bunch of entitled shits.
Boomers have no one but themselves to blame for the hate they get |
|
[#34]
What was decent money in the 80's is now offered as starting pay at fast food joints.
I understand that was 30+ years ago, but son of a bitch......... |
|
[#35]
Quoted: the boomer hate warms me used to feel halfway sympathetic towards the loudest criers in here now? fuck’em you get what you get, not everyone wins better off figuring out what will make you win rather than cry about it here if you can’t win, give up please, please just stop whining for the love of god View Quote View All Quotes View All Quotes Quoted: Quoted: What a refreshing and interesting topic.......... the boomer hate warms me used to feel halfway sympathetic towards the loudest criers in here now? fuck’em you get what you get, not everyone wins better off figuring out what will make you win rather than cry about it here if you can’t win, give up please, please just stop whining for the love of god Yet another thread making an absolute statement about a group of people - a statement that can be rendered false with just one example. Also boomer years cross a wide span so the oldest can be considered a separate cohort with it's characteristics, and the youngest, many still engaged in full time employment is a cohort with distinctive traits. It does, really, get old. |
|
[#36]
Quoted: Apperantly gen z does save more than millenials, but this thread's mostly devolved into bitching and bitching about bitching instead of a discussion of facts. View Quote View All Quotes View All Quotes Quoted: Quoted: I see several boomer references to "saving and investing" or "not spending every dime you have." Apperantly gen z does save more than millenials, but this thread's mostly devolved into bitching and bitching about bitching instead of a discussion of facts. And the stats show millennials save more than boomers. Yes some boomers will enjoy retirement. Most will not |
|
[#37]
|
|
[#38]
Quoted: My zoomer friends are firmly financially conservative, saving and investing aggressively. I think there will be a hard political shift to the right due to what the boomers did to the zoomers. View Quote LOL no... Demographics are destiny. Your anecdotal experiences with your (likely) white conservative friends that are reproducing below replacement level won't change that. |
|
[#39]
Same tired arguments as always. One generation profits and the other generations loses as a result. Simple minded people see things that way.
|
|
[#40]
Quoted: Yeah, no. Spread out, the amount being taxed goes up so the amount of taxes goes up as well. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: What is the population percentage breakdown by generation? Won't the die off of the Boomer generation cause a huge transfer and dissolution of wealth accumulations? For instance, Boomer parents with $xxxxx pass and leave that money divided equally among their 2.3 children? That has already begun. A few years ago they changed the rules for inherited IRA's so you have to cash them out in 10 years verses the rest of your life expectancy. Ironically, reducing the total amount of taxes they would collect. Quite the opposite .....most will inherit those during their prime earning years thus maximizing tax revenue. Spread out over a lifetime the taxes would be much lower. Yeah, no. Spread out, the amount being taxed goes up so the amount of taxes goes up as well. Do the math you and your spouse are in your 40's top earning potential. Mom and dad both die within 12 months of each other. You get their IRA and now have to liquidate it within 10 years while paying your current tax rates on what is most likely a 6 figure account. Or under the old rules you stretch the dispersal over your life time which allows you to grow the account and minimize the taxable events, something I am currently doing and had I had to liquidate my old mans IRA in 10 years I would have lost more than a 3rd of the account to taxes due to my wife and I's tax bracket. The mandatory minimums are not even a blip on the radar. |
|
[#41]
Turn off the x-box, put down your phone and get a job. Any gen-z know how to start a lawnmower? Mowing the lawn was a staple summer job back in the day. Walking anywhere? Bicycling? Nope, gotta have a fucking new car to get anywhere. 100 bucks for a piece of shit car and patch it together then hope it runs for a few more months was the old way.
Yeah, not an ounce of sympathy for any of the younger generation that drive newer and nicer cars than I do, still live under their parents roof, go out partying every night in their designer clothes. I love being a cranky old man. |
|
[#42]
Quoted: Boomers raised the current generations, millennials and zoomers. They are the ones to blame for any and all of the crap that happens today by both voting for shit people, and raising a bunch of entitled shits. Boomers have no one but themselves to blame for the hate they get View Quote So genX was hatched? |
|
[#43]
Boomer generation was the high water mark for opportunity and success of the USA, it’s heading downhill now and going to quickly get worse, blaming boomers is easy button excuses when millennials and others are as to blame as anyone via supporting free shit, open borders, climate change bullshit, new laws, free healthcare, free college, stupid degrees, refusing to work jobs like plumber, heat / ac, legalizing drugs, and a ton of other reasons. 1/2 the country supports democrats, democrats support shit that destroys opportunity / jobs , increase taxes, living expenses, etc.
Easier to say, “ fucking boomers ruined everything ! Though, rather than accept their part of blame. |
|
[#44]
Quoted: Turn off the x-box, put down your phone and get a job. Any gen-z know how to start a lawnmower? Mowing the lawn was a staple summer job back in the day. Walking anywhere? Bicycling? Nope, gotta have a fucking new car to get anywhere. 100 bucks for a piece of shit car and patch it together then hope it runs for a few more months was the old way. Yeah, not an ounce of sympathy for any of the younger generation that drive newer and nicer cars than I do, still live under their parents roof, go out partying every night in their designer clothes. I love being a cranky old man. View Quote The boomers at work are the ones nose deep in Facebook, Jose now cuts grass for boomers that won’t hire a child due to liability issues, and since cash for clunkers the used car market has been shit. “Oh no, Soylent is people. Anyway…” |
|
[#45]
Quoted: 80% of all dollars ever printed happened while: 1. Your generation was in charge. 2. You were at your generational peak in careers when the money printing happened. Just by that simple math, boomers had it significantly mathematically easier than any other generation. Just admit it that you looted the country for yourselves. Especially your generation politicians. View Quote View All Quotes View All Quotes Quoted: Quoted: Boomer here…say what you will but you he generation before us had it very easy. During my 20’s (house buying time) housing prices exploded. My dad bought and built his custom ranch house on 2 acres for under $5k. His land was $200.00 that was in 1958. My wife and I were looking at $40k houses and my dad said “wait” this crazy market will come down. 2 years later we had to spend $205k for our first house. We did not have I easier than any other generation. 80% of all dollars ever printed happened while: 1. Your generation was in charge. 2. You were at your generational peak in careers when the money printing happened. Just by that simple math, boomers had it significantly mathematically easier than any other generation. Just admit it that you looted the country for yourselves. Especially your generation politicians. AOC supports huge spending, lots like her, same age group, plenty eager to print more, and they have HUGE support. They just passed a massive new spending bill, with huge tax increases, hiring 87000 new irs agents, open borders, and a thousand other things designed to destroy opportunities for the middle class. |
|
[#46]
Quoted: I see several boomer references to “saving and investing” or “not spending every dime you have.” 1. Sure would be cool if we could get more than 0.25% interest in a savings account during our inflationary years And 2. The stats show that boomers have no fucking idea how to save instead of spend Something I’m seeing missed/ignored is education/certification creep. I do the same job as my father (retired). When he started he needed a bachelors and a certificate (his program also had stipends and free books). I needed a masters. People coming out now have to have a doctorate. View Quote Want to know why you're not going to be rich? You have to take a risk when investing. If you're thinking the bank savings will make your retirement well....let us know how well that paid off when you're 80 and still doing whatever it is you're doing. As far as education is concerned, I'll bet a plumber/electrician/HVAC tech etc. doesn't need a doctorate to make a ton of money more than most. |
|
[#47]
Quoted: The boomers at work are the ones nose deep in Facebook, Jose now cuts grass for boomers that won’t hire a child due to liability issues, and since cash for clunkers the used car market has been shit. “Oh no, Soylent is people. Anyway…” View Quote View All Quotes View All Quotes Quoted: Quoted: Turn off the x-box, put down your phone and get a job. Any gen-z know how to start a lawnmower? Mowing the lawn was a staple summer job back in the day. Walking anywhere? Bicycling? Nope, gotta have a fucking new car to get anywhere. 100 bucks for a piece of shit car and patch it together then hope it runs for a few more months was the old way. Yeah, not an ounce of sympathy for any of the younger generation that drive newer and nicer cars than I do, still live under their parents roof, go out partying every night in their designer clothes. I love being a cranky old man. The boomers at work are the ones nose deep in Facebook, Jose now cuts grass for boomers that won’t hire a child due to liability issues, and since cash for clunkers the used car market has been shit. “Oh no, Soylent is people. Anyway…” Cash for clunkers was Obama, and Obama wrecked the USA, Obama allowed open borders and illegals who steal jobs, hog up used cars, rentals, housing and free shit, millennials, and others cold not vote hard enough, fast enough for that shit, then wanna blame boomers when they voted to support dumbass policies that resulted in high prices, loss of housing, job loss, high taxes, they voted to raise their own prices, / cost of living, voted to raise their own electric bills, raise house prices, raise their own fuel prices. That’s what happens when you support stupid policies and vote for stupid politicians who hate your country and you. |
|
[#48]
Quoted: Boomer generation was the high water mark for opportunity and success of the USA, it’s heading downhill now and going to quickly get worse, blaming boomers is easy button excuses when millennials and others are as to blame as anyone via supporting free shit, open borders, climate change bullshit, new laws, free healthcare, free college, stupid degrees, refusing to work jobs like plumber, heat / ac, legalizing drugs, and a ton of other reasons. 1/2 the country supports democrats, democrats support shit that destroys opportunity / jobs , increase taxes, living expenses, etc. Easier to say, “ fucking boomers ruined everything ! Though, rather than accept their part of blame. View Quote Which decades do you see at the high water mark? If it's the 50s and 60s, then the generations that benefited from it were the greatest and silent generations. Boomers were mostly under 18 during that time period. |
|
[#49]
Quoted: Doing the math: Average home price in 1980 was $55,000. And that was up substantially from the 70s. So giving some benefits that way. I calculated it with an average interest rate of 13% which, is also high as the decade saw an average of 9% interest. Inflation adjusted, on a 30 year mortgage assuming you didn't refinance it later on for a better interest rate, you're at around $746,000 total pay off 30 years later. Doing the same math backwards: Average home price in may of 2022 is $388,000. ~259.7% inflation since 1980. That home is now worth $107,000 in 1980. 30 year loan pay off again, at todays interest rates of 5.9% for 30 year fixed. That brings us to $776,000 pay off. So yes. Home prices have statistically gone up. Also the 1980s were peak interest rates. In the 90s you saw 3-5% interest rates - which also would of been peak home buying for boomers. And 2000+ yeah Looking forward: we all know the low interest rate train can't last forever. We also know home prices are going to continue to sky rocket due to labor and building material costs. We also know the pay is still stagnant. We also know my comparison above isn't right because it's a lot harder to get your down payment - even using 10% figures - for a larger sum of money. Barrier for entry and all, is much higher for new home buyers today, than it was for boomers. Again, math. Y'all can do this yourself you know. View Quote View All Quotes View All Quotes Quoted: Quoted: Does the 100% more for homes include the difference between +18% interest rates and the 4% ones we have now? Doing the math: Average home price in 1980 was $55,000. And that was up substantially from the 70s. So giving some benefits that way. I calculated it with an average interest rate of 13% which, is also high as the decade saw an average of 9% interest. Inflation adjusted, on a 30 year mortgage assuming you didn't refinance it later on for a better interest rate, you're at around $746,000 total pay off 30 years later. Doing the same math backwards: Average home price in may of 2022 is $388,000. ~259.7% inflation since 1980. That home is now worth $107,000 in 1980. 30 year loan pay off again, at todays interest rates of 5.9% for 30 year fixed. That brings us to $776,000 pay off. So yes. Home prices have statistically gone up. Also the 1980s were peak interest rates. In the 90s you saw 3-5% interest rates - which also would of been peak home buying for boomers. And 2000+ yeah Looking forward: we all know the low interest rate train can't last forever. We also know home prices are going to continue to sky rocket due to labor and building material costs. We also know the pay is still stagnant. We also know my comparison above isn't right because it's a lot harder to get your down payment - even using 10% figures - for a larger sum of money. Barrier for entry and all, is much higher for new home buyers today, than it was for boomers. Again, math. Y'all can do this yourself you know. |
|
[#50]
Quoted: AOC supports huge spending, lots like her, same age group, plenty eager to print more, and they have HUGE support. They just passed a massive new spending bill, with huge tax increases, hiring 87000 new irs agents, open borders, and a thousand other things designed to destroy opportunities for the middle class. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Boomer here…say what you will but you he generation before us had it very easy. During my 20’s (house buying time) housing prices exploded. My dad bought and built his custom ranch house on 2 acres for under $5k. His land was $200.00 that was in 1958. My wife and I were looking at $40k houses and my dad said “wait” this crazy market will come down. 2 years later we had to spend $205k for our first house. We did not have I easier than any other generation. 80% of all dollars ever printed happened while: 1. Your generation was in charge. 2. You were at your generational peak in careers when the money printing happened. Just by that simple math, boomers had it significantly mathematically easier than any other generation. Just admit it that you looted the country for yourselves. Especially your generation politicians. AOC supports huge spending, lots like her, same age group, plenty eager to print more, and they have HUGE support. They just passed a massive new spending bill, with huge tax increases, hiring 87000 new irs agents, open borders, and a thousand other things designed to destroy opportunities for the middle class. Average age of The 117th Congress is 59 years old. Average age of a senator is 60 years old. Them be boomers in charge my dear. 7% of the 117th Congress are millennials. Approximately the same number are of the “greatest” generation. Before boomers. There’s 1 millennial in the senate. Again, you have a false narrative. This is all being driven, marketed and approved by… boomers. |
|
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.