$15.00 and hour?

[FunInTheSun]

The old man 'bootstrap puller' claims fall flat against empirical data.

Average wages to living costs ratio was empirically better when Boomers came of age.

The State subsidized more of the public college costs, and was therefore cheaper.

Minimum wage, if adjusted for inflation is over $20 in today's dollar.

Average salary for both blue collar and college graduates purchased more real estate in the Boomers' working years (and before). Empirical, no room for nonsense opinions.

Anecdotal is not nearly as worthwhile, but here's mine. My grandfather came back from WWII and worked as a line technician for Bell Telephone. Grandmother was a part time school bus driver. On those wages (and benefits, and later pension), they had two cars in the driveway, nice middle class home, occasional vacation, all needs met, bought lakefront property (now super exclusive area), saved for comfortable retirement, paid for golf club memberships and cruises during their retirement until they died 10 yrs ago.

My parents had a reasonable mortgage on a nice house on a policeman's salary. Mom stayed home, then worked part and later full time. All needs met, they retired in their very early 50's (lucky bastards) comfortably on pension and sizeable 401k. Try that today. No can do.

My contractor-grade not fancy house in a not fancy neighborhood is currently worth over a half-million. I paid half that. Own it outright now, thank god. What combined salary do you need to afford that, raise kids, etc? Well, young folks aren't saving that usual 20% down - $100,000 - to purchase at today's rates. If fully financed, a half mill house requires a mortgage of $2800. Then add property tax and insurance. Roughly $3500/month for housing, not counting utilities. $1200/month gets you a sketchy one bedroom apt. My mortgage on 1850 sq' was a little over $1200.

Costs have outpaced salary across the board. Young people have it harder, financially. Any disenting opinion is hot air.

This is those hippies I was referring to earlier.
My dad's first house cost $3600 in 1965. Admittedly it was a "fixer-upper"

Sponsored

 

[Jason B]

i briefly read this article today that claims tipping is linked to slavery....

https://www.nytimes.com/2021/02/05/opinion/minimum-wage-racism.html

If you follow the NYT, everything is linked to slavery.

All true.

But for some reason, the younger generations don't seem to want to do the work to make the money.

Hold on for some anecdotal evidence here.

I train new hires at work. "Entry level" in my division starts at roughly $70k a year. The ONLY requirements are a clean MVR and being over 21. Many of the 20 and 30 somethings we get in will be lucky to ever make that much in a year at another job EVER, in their whole life, let alone now. It's mentally easy work, but physically demanding. Long story short, the vast majority of them don't make it. They literally don't have the drive and or work ethic to do the work.

Now is that the effect of the older generation's wealth, and them not teaching the younger generation to take care of themselves? Perhaps. But while the younger generation may face a more difficult time financially, they certainly aren't going out and getting what little is there for them.

As a Gen Xer I'm glad we're mostly left out of these arguments. We're used to being forgotten about, but we're also used to taking care of ourselves.

In a round-a-bout way it could be. Think 'helicopter' and 'lawn mower' parenting where the child is coddled from day one into young adulthood, where the slightest whine gets them what they want, and little repercussions for wrongdoing. Then when the child goes out on his own, he falls apart realizing that he is not entitled to anything, and that mommy and daddy won't always be there 'to kiss the boo-boo and make it all better'.

 

[FX4Offroad]

All this chatter (10 pages - so far) from a employee at a local Arby's spelling my name "Gym".

 

[D Fresh]

If you follow the NYT, everything is linked to slavery.




In a round-a-bout way it could be. Think 'helicopter' and 'lawn mower' parenting where the child is coddled from day one into young adulthood, where the slightest whine gets them what they want, and little repercussions for wrongdoing. Then when the child goes out on his own, he falls apart realizing that he is not entitled to anything, and that mommy and daddy won't always be there 'to kiss the boo-boo and make it all better'.

Yep, that's exactly what I'm getting at.


Boomer parents of GenXers basically left their kids to fend for themselves. After seeing the results, the younger Boomer and GenX parents of Millenials and GenZers basically overcompensated and coddled their kids, leaving them ill equipped for adult life.

My kids are GenZ, I see this playing out daily in their peer groups.

 

[Theslim_spaydee]

I feel like I have seen someone bring up Analog clocks about 15 times in this thread and I can't even understand why they haven't brought up sun dials or sandglasses as well.

Oh wait forgot that technology advances over time. Silly me.

 

[Theslim_spaydee]

All this chatter (10 pages - so far) from a employee at a local Arby's spelling my name "Gym".

We all know that you really were looking to divide the forum and create chaos. Pure evil I tell yah.

 

[FX4Offroad]

We all know that you really were looking to divide the forum and create chaos. Pure evil I tell yah.

mwaaa - hahaha

 

[Jason B]

I feel like I have seen someone bring up Analog clocks about 15 times in this thread and I can't even understand why they haven't brought up sun dials or sandglasses as well.

Oh wait forgot that technology advances over time. Silly me.

When was the last time you saw either of those in a work place or in public?

 

[AzScorpion]

where do i send my resume?

He's a milkman you wouldn't last one day there being a banana. Someone would see you, cut you up into little pieces and put you in their cereal.?

 

[D Fresh]

where do i send my resume?

We could use your snark around there for sure. And I doubt the work would scare you away.

If you're serious slide into my PMs and I'll put you in touch.

One stipulation though, we don't know each other. Can't let you take down my "transitioning into retirement" job.

 

[D Fresh]

He's a milkman you wouldn't last one day there being a banana. Someone would see you, cut you up into little pieces and put you in their cereal.?

So we haven't gotten anybody to bite, but since we work 5 days a week, 52 weeks a year there's always one or two new dudes who ask "so, is it cool if we wanna dress up for Halloween?"

"Ohh, nobody told you? On Halloween we all dress up like old timey milk men, you know, white pants and shirt, bow tie, hat, the whole deal"

One of these years we'll get one to take the bait.

Shouldn't have shared that here though. Probably had a good chance to see RP do it this Halloween.

 

[9zero1790]

All this chatter (10 pages - so far) from a employee at a local Arby's spelling my name "Gym".

you started a good topic Gem

 

[MountainGoat]

I think I'm not out in the world do what I think needs to be done cause I can't do it myself. There are lots of people but no one has any balls to stand up for what's right. Which is exactly what we need. If more people stand together against the Bullshit (being over taxed - just an example) I think we could make a difference - but to many people are scared of what might happen to them if they stood up. It's really a shame - because if we got together we could make a change

View attachment 127395
But in all seriousness if a large portion (say 80 million) stopped paying taxes they would just print more. Money is fake at this point (or maybe has been since 1913) when the government spends more than they take in every month, every time.

 

[9zero1790]

I feel like I have seen someone bring up Analog clocks about 15 times in this thread and I can't even understand why they haven't brought up sun dials or sandglasses as well.

Oh wait forgot that technology advances over time. Silly me.

sure it advances! however, even modern higher end timepieces are not digital. while some have smart watch tech, they are still analog. why? analog timepieces are always stylish and cool and likely always will be. wearing a digital watch or smart watch while adulting or in certain attire is like ripping a wet fart in a crowded elevator, just wrong lol. some things that are old school will / should always endure.
to be fair i own several digital watches, g-shocks. also one smart watch, a no name knock off android something or other from taiwan lol.

 

[Jason B]

View attachment 127395
But in all seriousness if a large portion (say 80 million) stopped paying taxes they would just print more. Money is fake at this point (or maybe has been since 1913) when the government spends more than they take in every month, every time.

Depends on which 80 mill.
"... the top 1% of income earners—those who earned more than $540,000—earned 21% of all U.S. income while paying 40% of all federal income taxes. The top 10% earned 48% of the income and paid 71% of federal income taxes."
But;
"... there were 144.3 million taxpayers in the U.S. that paid individual income taxes"

Sponsored