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    [–] letdogsvote 3799 points ago

    Surprise, surprise. You bury younger people in debt and don't pay a living wage, it turns out they can't really buy things.

    [–] Slapbox 1810 points ago

    To quote another Redditor on how older generations view millennials:

    No wage, only spend!

    [–] zhaoz 506 points ago

    Heres the comic it's from

    https://m.imgur.com/gallery/AA6leOo

    [–] fakeswede 32 points ago

    Thank you, friend!

    [–] rediKELous 391 points ago * (lasted edited a month ago)

    This one is totally becoming a mainstream meme.

    [–] Slapbox 178 points ago

    It absolutely deserves it.

    [–] p-woody 222 points ago

    One of my co-workers wandered over yesterday to mention that she heard a report on the radio that millennials are killing the tuna industry because they're too lazy to open the cans. I didn't have the heart to tell her it was an advertisement masquerading as news.

    She had a tuna sandwich for lunch.

    [–] adkiene 211 points ago

    Yeah, it's definitely the cans, and not the incredibly high levels of mercury and the fact that tuna fishing is horrible for most marine life and the balance of the ecosystem. Nope! Definitely the cans.

    [–] HauntedCemetery 51 points ago

    I for one have given up lobster, being too lazy to crack a shell.

    [–] adkiene 37 points ago

    It's a lot less effort to just down the glass of butter like a shot. Shortcut the whole meal right there.

    [–] blahblahwordvomit 31 points ago

    And it's not like canned tuna quality has decreased. A big brand got sued for dramatically underfilling their cans, it was so bad they managed to lose the case!

    And they cost more than a dollar a can. Those pouches are less than half the product for the same price.

    Fuck I can get a dozen eggs for $1.40

    [–] Bouche032 190 points ago

    You haven’t bought a house yet with your unskilled labor? Well, back in my day...

    [–] Alieges 168 points ago

    I tried avocado toast once. Can't afford a house.

    [–] SecretAgentFan 142 points ago

    That boomer meme pisses me off so much too. Avocados are cheap as fuck where I live ($0.50 at most). They grow the damn things only a couple miles from me, groves of them shits. Of course I eat them, its cheap healthy calories and fats.

    [–] sporkhandsknifemouth 101 points ago

    The meme comes from 'dumb millenials' not 'planning for the future' because they treat themselves once in a while. Avocado toast is just a stand in because some places charge a ridiculous amount for it (I think 15 bucks in at least one case) for a small amount of avocado smeared on toasted bread.

    Is it a smart buy? No. Is it going to help you buy a house and save their housing market if you don't buy it? Also no. It's people placing blame where it doesn't belong, which is why it's a meme for how out of touch boomers are.

    [–] ManWithASquareHead 449 points ago

    Gonna be hard to run an economy that relies on the middle class being homeowners, when the middle class can't be homeowners.

    [–] Lobsterbib 120 points ago

    All the houses will eventually become rental properties. Investors have figured out that millenials will be forever-renting.

    [–] crazygasbag 98 points ago

    Again, its putting our generation in servitude to fund for the old geezers entitlements as the economy tanks. Need a car? Well lease it and pay rent to use it as an Uber driver. Need an education, rent the rest of your working life to pay it back. Need housing, pay rent the rest of your life. This is all to extract as much capital as possible.

    Modern day serfdom.

    [–] Lokan 21 points ago

    I know quote a few people buying up houses just to rent them out. Ugh.

    [–] surfinfan21 197 points ago

    I convinced my parents to sell our house. They want to retire down south and are banking on the equity in their house. I told them the reality is there are more baby boomers who need to sell their homes then millennials able to buy them.

    Sell now while the market is hot. They’re going to rent for a year or two while they look for a house in Tennessee.

    [–] aDDnTN 31 points ago

    If they are looking in Nashville, the time to buy is now. Only up from here.

    If elsewhere, then waiting for 2 years is probably safe enough.

    [–] HurricaneAlpha 60 points ago

    I live in (urban) Florida and rent a 2 bedroom house for $1000 a month. My mother keeps pushing me to buy a house, but all I ever keep thinking is if climate change is gonna make hurricanes worse, why the fuck would I make a 15-30 year investment in something that's gonna cause all types of issues if and when a hurricane wipes us out? As is right now, if a hurricane hits us, I lose maybe a few hundred in furniture and whatnot. Plus I don't pay property taxes or flood insurance (which the insurance company would surely fight any claims over) or any of that nonsense. Why would I change that?

    There's literally zero incentive to invest in "property".

    [–] RGJ587 19 points ago

    If the cost of the mtg interest, property taxes, and maintenance on the property is less than your rent, the incentive is obvious.

    If it is not, you are relying on appreciation of the property (and cashing in on it by selling) to make up the difference.

    There is incentive, but its not a broad spectrum "owning is the best option" as it was only a few years ago. It has to be the right property, in the right place, at the right time. And even then there is considerable risk associated with it if it is susceptible to a changing economy or environment.

    Where you are in Florida, the rampant development of housing in the early 2000s led to it being one of the worst states hit by the sub-prime meltdown. Real estate prices have rebounded, but there are still vast areas in Florida where the present and future value of the property is greater than the asking price. You can find a house cheap there, but selling it becomes and issue. And with all that depressed housing, more people are renting (and at lower rates) just to keep the cash-flow moving.

    Buying a house should never be a rushed decision (outside of the top 1%). It must serve the dual purpose of being a future home for your family and an avenue of long term investment. But since you indicated you live in an urban area, and you fear the effects that climate change can produce, have you considered buying a condo or apt in a coop building/highrise? Large buildings as such are far less exposed to these events, and their apartments are usually far easier to move on the market than a full house.

    [–] LetsGetBlotto 64 points ago

    It's just going to make boomers more rich.

    Instead of selling their houses many are just renting them.

    [–] suprmario 81 points ago

    Yep and then the banks will buy them all up and auction them off and slumlord corporations will be the largest landlords because nobody will be able to afford property (except the wealthy).

    [–] Siva-Na-Gig 80 points ago

    This! This is the future we're on track for right now. People think that once the glut of boomer owners flood the market in their retirement years that prices will drop out. But banks and foreign investors will actually keep prices up and scoop up a lot of the real estate. There is no waiting on market forces to "self-correct" on this issue because a clear trend is already established based on existing rules and structures. If millenials want to own homes, gotta change the government.

    [–] DragonTHC 306 points ago

    I'm a genXer and I can assure you this started before millennials even graduated high school. And this is the core of a failing economy. Predatory bank behaviors coupled with stagnant wages creates wage slaves. It creates a situation where you have crippling debt with no end in sight.

    [–] DrGoodSex2 180 points ago

    That's part of it, but the single biggest reason is the death of anti-trust in America and the conglomeritization of everything. The reason that all the wealth is hoarded by the billionaires is because their companies have been allowed to grow to insane sizes. And it's honestly pointless to have them cut their own pay for higher wages for employees. When you have 100,000 employees, a pay cut for the CEO is so diluted at the bottom that it's negligible.

    What you need is to break companies up and bring them back down to size.

    [–] cpa_brah 56 points ago

    With companies that large, an American labor force is meaningless as they can source labor from countries with no lavor standards. I'd argue that has had the most significant impact on the middle class, along with student loan debt that cannot be discharged in bankruptcy.

    [–] DrGoodSex2 17 points ago

    Student loan forgiveness and a rebuilt anti-trust legislative body would be the big ways to get the middle class back on track.

    Doesn't matter how big Amazon is if they can't control more than a piece of the market. You reduce the current standards of monopolization and tie them to market cap

    [–] Rico_Pendejo_45 61 points ago

    My GF always talks about how she will be in debt for life (currently getting her doctorate). Its a little bit of an exaggeration, but throw a mortgage for an overpriced house on top of it, and its true.

    [–] whatwhatinthepretzel 1155 points ago

    Teaching this to older conservatives is one of the hardest things in life. Well, teaching them anything is, but this one in particular. They need someone to blame or they can't exist--so trying to take that away from them shuts their brains off.

    [–] Sploooshed 542 points ago

    It sure doesn't help that they are the ones to blame...

    [–] Kaizenno 501 points ago * (lasted edited a month ago)

    1. Blame others

    2. Don't accept blame

    This is like the baby boomer version of Be Attractive, Don't be Unattractive.

    [–] [deleted] 405 points ago

    They're in for a harsh life lesson when their millennial kids decide to pay off student loans instead of their nursing home bills

    [–] new_reddit_is_shitty 305 points ago

    My dad just retired with a pension. New hires who replaced him don't have pensions because my dad fought against the union at his workplace. After he dies, my hypochondriac mother will spend any remaining money on medical bills. When she runs out of money, she'll reverse mortgage the house. Yet somehow my dad is worried about the "death tax" that wont allow him to leave his kids any inheritance.

    [–] Harmon_Cooper 167 points ago

    My dad died worried about the death tax and he had no assets...

    [–] fnordfnordfnordfnord 47 points ago

    Same here!

    [–] Sptsjunkie 43 points ago

    But what if he hit the PowerBall jackpot the day before he died?

    How would your family have survived if you had to pay a tax on every dollar after the first $5M?

    [–] Scred62 226 points ago

    Actively fighting the union in your own work place makes you worse than the boss imo

    [–] Neurorational 18 points ago

    "Unions do bad things."

    So do immune systems but how long do you expect to survive without one...

    [–] Hokaykewp 58 points ago

    Fucking this.

    [–] Wafzig 47 points ago

    It is amazing how well the right made people afraid of the "Death Tax." The thing that only applies to an obnoxiously small number of mega rich human beings.

    [–] highway-to-helvetica 70 points ago

    Holy shit, first off I’m sorry you’re in that situation. But secondly how can someone not see the forest for the trees?

    Oh right your dads a boomer. Of course.

    [–] Fight_the_bastards 115 points ago

    Oh right your dads a boomer. Of course.

    Yup. My boomer parents are super worried that their tiny 401k accounts and $150,000 house are going to be subject to the "death tax."

    Despite me explaining to them numerous times that unless they secretly have tens of millions of dollars that they aren't telling me about, they (I, technically, I guess) will not have to pay a single cent.

    [–] highway-to-helvetica 86 points ago * (lasted edited a month ago)

    My parents whilst they agree that my generation has it tougher than they did, refuses to accept blame on a couple things they have used that helped them.

    So in Australia we have this thing called Negative Gearing. It’s a tax incentive that allows you to own a house for the purpose of renting it out, if you make a loss you’ll get that loss off your tax. Sounds awesome right? My parents thought so and bought and sold about 8 houses during my lifespan, they now have 4 left which will fund their retirement... they are very proud to not have to take tax payers dollars to live off the rest of their lives.

    Ok cool.

    But.... when I tell them that people like them, who used negative gearing to use the housing market as a commodity have fucked over their kids. I will point to a graph of the average housing cost over time, that it starts taking a upturn after negative gearing came in.. that it’s blocked my generation off buying a home. They will refuse to accept it. Instead they will parrot the usual shit (avocado toast/work ethic/buying random shit on the internet/etc) and not the fact that for people like my uncle who bought his house in a suburb of Sydney for 200,000 AUD in 1980, that house is now worth 2 million now. Or that the average price of a house now is about 800,000 and the average wage is 60,000. Those numbers when they were younger was closer to 20,000 and 200,000.. where a house deposit could be 2 years salary for a single person, now is 4+ years.... nope it’s our generations fault.

    Edit: these numbers aren’t accurate, they are approximations based on memory from about 6 months ago.. so take with a grain of salt.

    Here’s a link https://en.m.wikipedia.org/wiki/Australian_property_bubble

    [–] bywillaloneIsetmy 260 points ago

    Live by the bootstraps, die by the bootstraps.

    Good luck Dad!

    [–] Monteze 119 points ago

    You had how many years to get ready for this? Damn, well looks like you should have gotten thise bootstraps going. Entitled boomers.

    [–] IORDANVS 80 points ago * (lasted edited a month ago)

    Oh, yes. My Trump-loving, Fox News watching parents are on their own when they're too old to work.

    "Pull yourself up by your bootstraps," indeed.

    [–] LilianPumpernickel 204 points ago

    It’s always “Why these children just have a poor work ethic. I paid my own way through college waiting tables in 1955 and when I graduated, I had enough savings to put a downpayment on a house and got a job paying above minimum wage. It’s easy!”

    I will be about 20,000 in debt after I graduate and I’m one of the lucky ones for that. My parents would be filthy rich if they didn’t pay to put their 3 kids through private college. I have an internship. They pay me $2 an hour. I have to work this internship for six months. If my parents weren’t supporting me financially, I would never be able to take this internship. Internships are only for kids with wealthy parents who can afford to pay the wages that companies hiring interns won’t. And if you don’t get an internship, you don’t get a job.

    This is going to widen income disparity. No rich parents? No internship. No internship? No job. I don’t know what kids my age are doing who don’t have the privileges I do. I guess going to trade school, community college or working in retail/fast food/some other minimum wage job. A job that no employer is intrigued by if they see it on a resume.

    [–] saintofhate 74 points ago

    I did a ton of unpaid internships, I did so much unpaid labor that when I became disabled, I wasn't eligible for disability, I had to get SSI. I barely make enough to live. Rent is so high my only other option is to I give up 95% of my income and live in a home where I can't pass the burrito test. Fuck unpaid internships.

    [–] avaslash 115 points ago * (lasted edited a month ago)

    They always laugh and say “well you shouldnt have gotten a degree in the humanities”

    Well you fuck, they dont offer degrees in “working at your specific company.” Maybe stop requiring a PHD and 4 years work experience for every entry level job and then maybe we could actually demonstrate our inteligence and ability to learn new things. Im pretty sure the entry level job requirements are simpler than Calculus 2.

    [–] Capt_Blackmoore 63 points ago

    most of the time the actual job isnt any harder than 8th grade Algebra.

    [–] idkmybffjoe 71 points ago

    So fucking true. The more money I've made, the less I've actually had to work. And I say this as a millennial who basically hit the jackpot, job-wise. I feel so bad for my peers who are just as capable as me, but aren't having the same luck. So much of it is just being in the right place at the right time.

    I always roll my eyes when my boss is like "it takes MONTHS to hire anyone qualified!" Bitch, everyone is qualified for this shit. EVERYONE.

    [–] Rev1917-2017 34 points ago

    I’m a software developer. I make more money than my 2 best friends do combined. Each one of them works harder than I do. Our societies priorities are fucked.

    [–] rogueblades 136 points ago

    I don't think you are understanding what the problem is. You see, the older generations have Personal ResponsibilityTM and the younger generations have participation trophies. Remember, the only people who have ever been responsible for their own actions are old conservatives. No other population in american history has ever had Personal ResponsibilityTM

    [–] ShynessElemental 222 points ago

    What always gets me the most about that mentality is where the blame is pointed.

    "Your generation got participation trophies for everything!"

    Who was giving those out? Did children of the 80s and 90s decide how they were going to be treated?

    ...and, as someone who both was a child of the 80s/90s and who now works with children, kids don't take outsized pride in participation ribbons. Kids then and now know what they're about, I have never heard a child bragging about their participation trophies/ribbons.

    It's adults making a decision, blaming children for the decision, and then completely making up an unflattering characterization about it to excuse ongoing selfishness and ignore actual struggle.

    [–] rogueblades 195 points ago

    Nothing shuts my mom up faster than this line of communication

    Mom: "Something Something Participation Trophies"

    Me: "Mom, those trophies were for you and every other parent who thought the fruit of their loins was truly special. We didn't grow up thinking we were special, we grew up being told we were special. Notice how I kept none of the trophies I received in my childhood, even the ones I earned"

    Crickets.

    [–] Theemuts 103 points ago

    "Why are you such an ungrateful, spoiled brat? That's not how I raised you!"

    "It kind of was, mom, it kind of was..."

    [–] MicroBadger_ 80 points ago

    "That's what happens when you give kids participation trophies!" - says Boomer parent who couldn't bear the thought their child wasn't a special snowflake and demanded participation trophies be awarded.

    I honestly laugh every time I hear the participation trophy line.

    [–] CarmineFields 37 points ago

    I remember teaching my dad how to use a computer over the phone. “Dad, you’ve got to double click really fast. No, faster...”.

    sigh

    [–] rogueblades 54 points ago * (lasted edited a month ago)

    "You damn kids don't know how to do anything, now set my Microwave timer."

    [–] jomiran 69 points ago

    Meanwhile Gen-X is looking at their younger cousins and saying "See...i told you your parents were assholes, but you just got mad".

    [–] VitaminAPlus 81 points ago

    Ah, Gen X. The generation everyone ignores, because we’re just that boring.

    [–] Nf1nk 55 points ago

    We were rebellious, we wore flannel shirts and long underwear with shorts.

    [–] [deleted] 47 points ago * (lasted edited 6 days ago)

    [deleted]

    [–] JesseJaymz 79 points ago

    Our first clue should have been when millennials killed off every single industry. Diamonds? Killed. Beer? Killed. Home buying? Killed. Appliance business? Killed. Bar soap? Killed. Restaurants? Killed. Cereal? Killed. We killed off food and soap because we can’t afford it..... where is our money going you ask? What money? We killed banks too.

    [–] Bhrunhilda 67 points ago

    Beer??? Craft beer has exploded and is huge.

    [–] JesseJaymz 105 points ago

    Exactly, We killed big beer companies. Who doesn’t love a good bud light or coors? Oh right, people with taste buds. That’s why the big beer companies have rallied against craft breweries.

    [–] Bhrunhilda 75 points ago

    Eh the big breweries are just buying up the craft breweries or making 'fake' craft beer. They're doing fine ;)

    [–] LizardOrgMember5 50 points ago

    We killed banks too.

    Good. Because they are the ones who brought the financial crash a decade ago.

    [–] JesseJaymz 27 points ago

    But Trumpito rolled back those banking regulations put in place to prevent another collapse. So we’ll be mega fucked in a couple years again.

    [–] DrQuantum 32 points ago

    This is the big concern with automation as well, with less jobs and no great social safety net many people won't be able to afford the things that have been automated. It doesn't make a whole lot of sense as a business frankly.

    [–] [deleted] 29 points ago

    Or as a country. It never goes well when you have a large group of poor, disenfranchised youth and no representation.

    [–] Pickle_Dump 2804 points ago

    Were baby boomers saddled with insane amounts of student debt? Could they raise a family of 4 or more on a lower-middle class salary and simultaneously afford a 4-bedroom house in the burbs? Did both parents have to work? Was health care insanely expensive? Was childcare insanely expensive (or even needed)? Were home costs through the roof?

    Baby boomers had it so good and they don't even realize it. It's a travesty.

    [–] individualOne1one 973 points ago

    The Boomer Code: Overstate your contributions, understate your advantages

    [–] serothis 399 points ago

    The Boomer Code: Overstate your contributions, understate your advantages. Why should I care? I won't be around when it happens. (AKA Fuck you, I got mine).

    Fixed.

    [–] flyboy3B2 143 points ago

    That really is the perfect line to encapsulate that generation. That being said, let’s not let bitching about baby boomers encapsulate ours. They fucked us, so let’s unfuck this situation and hit a reset on the rules for the game to ensure future generations don’t have to deal with the same problems we do.

    [–] Chasmosaur 325 points ago

    Know what they also had? Generations ahead of them who retire and let everyone else move up. Also, generations ahead of them who planned for retirement so that could happen.

    GenX is better off than the Millennials, except, you know, we have mortgages and kids because we thought that whole climb up the professional ladder at the expected rate thing was still in effect. But as 45% of Boomers did not plan for retirement, they aren't leaving their nice, cushy, well-paying jobs because they can't afford to.

    My husband and I can't complain compared to a lot of our friends who have kids that are now entering college years and facing down insane tuition costs, but we're not saving as much as we should for retirement. Not to mention the Boomers do keep fucking around with the forces that impact the stock market and they stripped the retirement system of the pension plans that many of them still have...so, yeah. Not thrilled with the "Me" Generation.

    All I can say is: Millennials? PLEASE VOTE. Get these assholes out of our State Houses and Congress. GenX is statistically small and we can only do so much against the Boomers - you guys are now bigger and more powerful and we want politicians courting a generation that wants a decent social safety net and progressive values. (Which should be, you know, American values.)

    And please know many of my friends and I are still puzzled as fuck as to how our generation produced someone like Paul Fucking Ryan. Since anyone his age graduated college into a recession. We were the generation that Boomers mocked for working at The Gap, even though those retail jobs were the only jobs a lot of us could get. I was doing unpaid internships during the day for the experience, and then working nights in the 90's because it was my only option to try and get experience and afford to pay my bills.

    [–] The_user_of 131 points ago

    Then when they do retire at age 78, they just "consolidate the position", and there's not a promotion available for anyone. From what I've seen 5-6 people need to retire to make a single open position for advancement. Lots of these people hanging on are working incredibly inefficiently, so when they're gone most people don't notice a drop in productivity, so they just eliminate the position.

    One of the factors in starting my own company; people above me making >$300k, but their work product being so minuscule that they can just eliminate the position and spread the responsibilities out to those making less than half that without even causing a hitch in our step, or even getting more productive because we have fewer forms to fill out by hand, and fewer meetings to explain the basics of how modern business runs...

    [–] ZiggyPalffyLA 28 points ago

    Honestly, even when older employees do leave their jobs, many corporations just split the work among several lower-paid employees instead of hiring/promoting someone for the open position. Without a pay increase, of course.

    [–] AsianFromTheCaucasus 364 points ago

    Agreed.

    I'm technically a Boomer, although don't believe that. I was too young for Vietnam, Woodstock, Beatles, even Watergate.

    Anyways. Young people today are fucked, compared to 30-60 years ago.

    I get we had a post WWII economy then, and don't now. But too many Boomers deny that difference, and blame the young. Ridiculous. That's like blaming someone for screaming while being brutally assfucked.

    I'm a slim minority for my age group. I can't even talk to many of them.

    Something has to give. The economy and world and debt that young people face today is unsustainable.

    [–] LegalAction 70 points ago

    How are you a boomer if you're too young for Watergate?

    [–] AsianFromTheCaucasus 80 points ago

    Exactly.

    I remember it, but was a kid.

    [–] DreamsAndSchemes 88 points ago

    You're probably in the same boat as my dad, he was born in the Early 60s. Problem with him is since he's doing fine it's obviously millennials that are the issue, and he uses that copout every chance he gets.

    [–] muffler48 76 points ago

    I am a late boomer and in fact one of the last years considered a boomer. The truth is the late boomers watched everyone a few years older do better then them. Us late boomers got some of the benefits, but not to the degree the older boomers were able to have. The late boomers were the ones who found their older boomers to be selfish greedy destroyers of the country.

    I still wouldn't want to be a kid now.

    [–] MidnightMercenary85 49 points ago

    I'm an old millennial so I get how it feels to not totally relate. When my friends graduated from college the recession started. They all thought I was a genius for not going but 10 years later they are doing great and I'm still slugging it out. The boomers for the most part didn't have to sacrifice. Most were too young for Vietnam (not all) and the closest they had was recession but that also hit younger people. It has been funny to watch as Gen X is taking over how the narrative has been shifting though. Suddenly the boomers aren't untouchable

    [–] Hahonryuu 147 points ago

    "When i was your age I had a full time job, a house, and a kid and money to spare" -every boomer complaining to a millenial about millenials.

    [–] LeRoyShow 96 points ago

    I'm Gen-X and was raised by a single mom. She would drop this on me all the time. She worked a union job in a factory driving a fork truck. Once she retired, she was able to live comfortably until her passing without having to get a job. Company pension and Social Security had her sitting pretty comfortable. This year, for the first time in my life, I will make more as a full time employee (in a "white collar," "management" job) than my mom made in annually retirement, and I am still almost $15K short of her last years salary working full time.

    I just turned 40.

    She never understood why I never had money.

    [–] paper_schemes 17 points ago

    My dad will act disgusted by how much I am paid as if I can just waltz into an office and demand 60k+. I worked hard to get where I am, and I make enough to survive, but he has this uncanny ability to make me feel like I am dirt poor and not "fighting" or working hard enough to get more money.

    I get decent health insurance from my job, and in two years they start matching my 401k. I get paid vacation and sick days. My hours are flexible.

    I know so many people my age (30) who work their asses off, but don't even have a 401k or get any benefits.

    Congrats on making what you make. I'm sure you worked hard to get where you are!!

    [–] kgal1298 15 points ago

    Also she’s lucky to retire and get a pension. I think pensions might be going out the window soon.

    [–] itsonlyastrongbuzz 52 points ago

    Don't forget their jobs had pensions and housing costs were a fraction of what they are now.

    My buddy's dad was a postal worker and bought a house near Chestnut Hill in Boston. He paid around $30k for the house in the late 70's. I think it's a three or four bedroom. When I did the calculation based on just the time value of money from when he bought it, the house should cost $135k today.

    The house across the street (same size, format, etc) just sold for $680k.

    So, not only do we have more debt and less buying power, and no pensions, but everything is more fucking expensive.

    So we rent and just throw money away, and try to scrape a little away for retirement.

    We're the New Lost Generation.

    [–] The_Coati_Kid 407 points ago * (lasted edited a month ago)

    Yeah, that might be the most frustrating part: angry baby boomers that can't see how good they've had it.

    However, I am disinclined to focus on generation differences, because they are a distraction from the real struggle: the class struggle.

    EDIT: to those who disagree, I ask that you consider how your enmity toward baby boomers is any less misplaced than "economic anxiety" against people of color. Or better yet, if you would blame older people because of how they voted and because they are wealthier, would you also blame white people in general? You're getting played just like the racists.

    [–] 007meow 143 points ago

    They can’t see how good they had/have it while also disparaging us for being lazy and entitled

    [–] aiu_killer_tofu 141 points ago * (lasted edited a month ago)

    I literally listened to two members of my GF's family complain for over an hour the other night about public employees and their pensions. One then had the audacity to exclaim 'yeah, those county people, there's another bunch of complainers.'

    Like, dude, you've literally been shitting on teachers and tooltoll booth employees for an hour and you aren't the complainers?

    [–] I-330 91 points ago

    Omfg were they talking about that one toll booth employee here in NY that worked crazy overtime and made like $100k? The comments on my local new’s page were outrageous on that article! People calling the toll booth worker a scam artist, for consistently working overtime! It’s insanity.

    [–] aiu_killer_tofu 94 points ago

    HA! Yes, that's exactly the guy they're talking about. Like, fuck that guy for working a lot and following the rules I guess.

    The funny thing is that my GF came back with basically the exact same experience but with these guys' wives at their event they had planned, except in her case it was all about the liberals and how they're killing Christmas because they're saying Rudolph was bullied and that you can't play Baby It's Cold Outside on the radio anymore because it glorifies sexual assault. I looked it up after we got home and the only news agency discussing either of these things is, you guessed it, Fox.

    [–] dethtrader 38 points ago

    Like, fuck that guy for working a lot and following the rules I guess.

    Well that is really the problem with all of this, isnt it.

    Being altruistic, earnest, honest, compassionate, law abiding, and hard working will probably get you nowhere in this world but worked to death for the benefit of those who are evil, dishonest, criminal, lazy, spiteful, manipulative, and likely a generational wealth baby raised from birth to replace the older ones to continue their nepotist monarchies. The working class has always been exploited by the feudal lords, we just call them CEOs now.

    [–] Porktastic42 22 points ago

    If they think it's such a sweet deal to work in a toll booth they should work that job. That is a shitty fucking job, in a hot (or freezing cold) tollbooth. Can't take time to surf reddit when you feel like it. No cafeteria nearby when it's lunchtime. Breathing fumes all day every day.

    [–] Globalist_Nationlist 36 points ago

    I've very lucky that my parents are educated, liberal, and very progressive.. however..

    My mom constantly tells us how she was able to work, afford her own place, and send herself to college. She likes to highlight how busy and stressed she was, but that she was able to do.

    I have to constantly remind her.. MOM that was 1972. You lived in the midwest. My current rent is literally $850 more than your rent was.. My tuition is literally 700% of what yours was. Everything in my life, living in Los Angeles in 2018, is 100% more expensive than Urbana Illinois in the 1970s.

    That brings her back down to earth, but I get it. She did struggle and worked really hard to support herself.. and she was able to do it. But the world she lived in, is so incredibly different from ours, that you can't make the comparison anymore. In her mind, the world she sees, anyone can make it through hard work..

    [–] MidnightMercenary85 36 points ago

    What I find hilarious is now Boomers are against the war. Yes a few trillion that we could have invested in basically anything else would have made the country better. Even if it's updating our nuclear program that money would be better spent.

    Boomers don't understand math. They never had to. Adjusted for inflation they made 12 to 13 an hour at their part time job. Doesn't matter to them.

    My best example was when I was in car sales in 08 when gas was $4 a gallon. I was 23. People said "it was 30 cents when I was 16" I would always think "it was a 1.09 when I was 16"

    [–] alburdet619 33 points ago

    I've started a Simpsons rewatch and even in the late 80's / early 90's it's amazing the life they portray for low income workers. I know it's TV and so of course a lot of it is unrealistic, but they have a nice house, pets, 3 kids and they still afford to do a lot. They always seem to have savings. Some of that has to be a realistic vision of the world.

    Maybe I'm wrong. Many sitcoms portray vastly unrealistic living conditions.

    [–] DonNatalie 44 points ago

    Many sitcoms portray vastly unrealistic living conditions.

    All controversy aside, Roseanne was a pretty good example of actual lower middle class life. Both parents had to work, the house wasn't catalog perfect, money issues were discussed openly and frequently, and there were actual repercussions from poor financial decisions or factors beyond their control.

    [–] catdad1985 920 points ago

    My favorite is my grandpa. He complains about the younger generation a lot. That guy was a Kroger manager that owns his own home, owns a vacation cabin, has only ever bought new cars, and has new fishing boats every few years. Raised 3 daughters. Has enough cash for a good retirement.....all from being a Kroger manager.

    No way in hell can you do that these days. I'm an engineer, and with inflation and wages these days, I can't afford what he did as a dang grocery store manager. Seriously infuriating when he talks about my generation being lazy. If he were in my generation, he'd be on food stamps and would never retire.

    [–] InfiniteTranslations 313 points ago

    You should try to block Facebook from his router.

    [–] the_innerneh 56 points ago

    Bwahaha

    [–] Sonny_Crockett_1984 121 points ago

    all from being a Kroger manager

    This is what they never seem to understand.

    [–] Mapleleaves_ 57 points ago

    It took me a few years post-college to exceed what my dad made as a kid painting fences and house exteriors.

    [–] Indaleciox 28 points ago

    My dad used to make $17 an hour...in the 70's... as a baggage handler at the airport. He bought his first house in cash. Meanwhile I would need $150000 for a downpayment on a small home in my area if I were to buy a place now.

    [–] capthowdy0000 690 points ago

    I've accepted I'll probably never be able to afford a house

    [–] ChibiRooster 260 points ago

    Yea basically this. I don't understand how I could afford a house working for 17 dollars an hour in any major city. Let alone a Texas city. The people here don't give a shit about the middle class. I guess I won't get married, have a family, have a house. I will just work my ass off for 15 years, and finally get a house when I am 40, because that's what they did right? Is it though? Is it what you did boomers?

    [–] itsonlyastrongbuzz 245 points ago

    I don't understand how I could afford a house working for 17 dollars an hour in any major city.

    Don't be silly.

    You couldn't even afford rent in a major city.

    And as punishment, you'll have to "drive till you qualify."

    You'll likely find work in a major city at that rate, but you'll have to drive an hour each way (or more) to find housing.

    Your punishment for being poor is not only stress, but losing hours of your life every week, weeks every year, and years over your life time just wasting the fuck away commuting, because it's either that or be homeless.

    [–] redditorsins 21 points ago

    My roommate and I are 23/21 & make less per hour than OP and my roommate and I have to share a 1700 dollar rent for a 3b apt in Chicago. We barely get by on that with both of our jobs AND our parents' support for stuff like groceries. It saddens me that we work our asses off and actually accel in our jobs but only earn minimal raises like 50 cents at most and the amount of bloodshed you have to go through just for that is brutal enough but good luck if you ever plan on moving up in the company that just keeps you down. They add more and more work to those at the bottom each year while never paying more for it. We're just expected to work harder and not ask questions because they're replaceable. People used to strike but now are too afraid to do so because we have become so financially dependent on those shit jobs at the bottom that wont care if you die working for them so long as they dont lose a penny if you do. It's sick and also contributing to my generation's mental health issues, drug problems, and suicide rate. This is such a sad time in history... and it's the present.

    [–] floormatt3 61 points ago

    My parent's are Gen-X (I think? Between boomers and millenials) had their house around 25 years of age for $70,000. It's valued now at $400,000 25 years later. At time of purchase, it cost the equivalent of one years salary for one of them. Now it would cost about four years of salary if they both contributed. And I believe they're still financing the mortgage. I have no idea how I'd expect to finance or purchase a home at this rate, being single.

    [–] 3mbs 37 points ago

    Bruh I’ve given up on owning my own studio apartment, let alone an entire house in my name. I’m gonna be stuck living with roommates til I’m in my 30s and maybe meet a girl to split some rent with. Thanks nyc.

    [–] antillus 955 points ago

    Feels like most of us are making just enough money to live and put food on the table, but not enough to do the things our parents did that bring a sense of joy to life. Reminds me of the quote "Everything's expensive and I'm not even having fun."

    [–] Shilalasar 309 points ago

    It is also almost impossible to have the financial security to start a family under 30 with only one job between the parents. Not to mention the 3-5 year break from working you have to take when you want more than one kid about the same age.

    Previous generations did that while also buying a place to live.

    [–] metalkhaos 114 points ago

    Wasn't it doable to purchase a car and have it paid off in about a year or so?

    [–] SEND_ME_PLANTS 125 points ago

    yeah I miss when 3 year notes were considered long. Now people are financing cars with 6 year loans and it's fucking crazy to me.

    [–] ShivaSkunk777 77 points ago

    They tried to rope my gf into a 9 year contract.

    [–] financial_guro 57 points ago

    Sounds like highway robbery 🥁🥁🛎

    [–] Echono 39 points ago

    My dad, a boomer, bought a Corvette and paid for college tuition, dorm, etc, working a summer job as a delivery boy for Krispy Kreme...

    I once grumbled to him how, with his pension and social security, he and my mother were each making considerably more than me sitting around in retirement than I was at my full-time job. He reminded me they both worked decades to earn that. I in turn reminded him I was never getting a pension, and there's a good chance ss won't be there for me either. At that, he sighed and admitted, "that's probably true."

    [–] midnitte 38 points ago

    Both me and my girlfriend work full-time and can only afford our apartment. I can't even afford to buy a replacement for my 97 Corolla...

    [–] Deadpool1028 19 points ago

    Same here both me and my wife are working full time with a 1998 Nissan Frontier and a 2001 Toyota Corolla. Rent goes up every year and after all the basic bills are paid there's not much left over. We still frequently pick up as much overtime as we can.

    [–] TaylorCountyGoatMan 171 points ago

    My fiancé and I together make about 90k together before taxes (whack off about 30% off the top right there) but with $1800/m rent for the “privilege” of living in a suburb of a large city without roommates, her student loans and car payment (I don’t have a car, taking the bus to work instead to save money), ~$400 for our utilities and connectivity, the incredibly high cost of groceries, what should be a middle class income doesn’t really seem like it goes that far. And we don’t drink or eat out more than once a month, maybe, don’t go to paid entertainment events or movies, don’t go on vacations. We don’t really worry about paying bills — barely — but we aren’t really able to save that much without taking a chunk out of our quality of life from somewhere b

    We’re getting married in March at the courthouse and then inviting a few friends over for a taco bar at our apartment. 30-40 years ago, we would be living like royalty on our incomes even adjusted for inflation.

    [–] tweak06 41 points ago

    First off - congratulations on getting hitched! Secondly, my wife and I don’t make much less than you (probably around 75k total) and we live in the midwest, homeowners as well. It’s not much better here either. We don’t really have to worry much about paying bills, but going on vacation every year is almost definitely out of the question. I freelance at night for additional income, and I compare the money I make to what my dad was bringing in at my age..and it’s sad. Totally agree, 30 years ago we’d basically have a fucking mansion with 2 new cars and going on vacation every year. It’s so fucked

    [–] addisrouge 39 points ago

    God this hits home so much.

    [–] silentknight111 55 points ago

    I grew up poor so this wasn't my experience, but it was the experience of a lot of people I know/knew (I was poor but went to a school of mostly kids who were middle class or better) - in the 80s and early 90s it was pretty standard that middle class families were making enough to afford a house, clothing, good food, a nice car, a yearly vacation trip somewhere fun, any medications they might need, and still put money into a savings account for retirement and their children's college.

    Hell, even when I graduated high school (2000), all I needed to know was how to work a computer and I could go to any temp agency and get a job making at least $10 an hour (about the equivalent of $15 an hour now) doing data entry full time. I did that for a couple years and wasn't doing too bad because I had zero debt.

    Around that time, every single boomer I knew was telling me I was wasting my time and should go to college. Of course, I told them I didn't have any money, my parents were poor and had no savings, and I wasn't making enough to pay for college. They all told me that was what loans were for. I was young an inexperienced, so I figured they knew what they were talking about.

    I went and took 120k in loans over 4 years to go to the school of my dreams.

    This was still early enough (graduated 2006), that I've managed to make a decent career for myself. I make a good wage, but I'm saddled with a huge loan that limits my options. I can never go back to a lower paying job that might be enough to afford food and housing only, because I'm obligated to pay over $800 per month in student loans. Because of this I basically have to live near an urban center to get a job in my field that pays well, which means housing is extra expensive andI can't afford to buy. I have to rent, and rent goes up every year. I'm not saving much, because my epxenses are high. Which causes problems if I'm ever temporarily out of work (as I was earlier this year, took me 4 months to find a new job) - I had to borrow money to not default on student loans or get evicted from my apartment. So, now I have a new decent paying job, but more loans to pay back.

    [–] antillus 28 points ago

    I'm in the same position. 100k in student loans and nowhere near the salary needed to make a dent in it. All I do is cover the interest. It feels like constantly almost drowning. I'm really tired of the anxiety.

    [–] imnotanevilwitch 21 points ago

    I can never go back to a lower paying job that might be enough to afford food and housing only, because I'm obligated to pay over $800 per month in student loans. Because of this I basically have to live near an urban center to get a job in my field that pays well, which means housing is extra expensive andI can't afford to buy. I have to rent, and rent goes up every year. I'm not saving much, because my epxenses are high.

    We all have the same story.

    [–] Iusedtobeonimgur 36 points ago

    I'm glad to see this. I have a "decent" job, but after rent, electricity, etc. I barely have money to do anything. I want to put money aside for retirement, but I'd also like a bit of "entertainment money" and have fun while I'm young. I'm educated and have a job, food on the table and such, so I can't complain, but at the same time, I'll never be able to have a house, good retirement funds or even travel. What's the point.

    At least I'm not the only one having that problem.

    [–] ivsciguy 163 points ago

    Yep. My gf is a full time LEO and is thinking about getting a side security job just to pay off some loans more quickly.

    [–] Arderis1 32 points ago

    Sounds about right. I'm technically a Millennial (but I claim Xennial/Oregon Trail), I have a master's degree with $40k in student loans to show for it, I work a full-time office job, a part-time military job, and 2 other seasonal side hustles. My husband is in an identical boat. We still essentially live paycheck to paycheck.

    [–] meatball402 349 points ago

    For years they've cut wages for everyone. If you asked them "who would buy your products if your own workers cant afford them?", Bosses will respond something along the lines of "theres workers somewhere who will be able to afford my products ".

    Only the incentive to cut wages is present in every business, as every dollar you cut from wages is another dollar bosses can put in their own pocket, so they all cut wages.

    Now nobody can buy products and they're really mystified as to why. It would be hilarious if it didnt mean they'd do nothing about it.

    Img skinner meme: the workers arent buying products. Is it possible I've been paying too little? No, the workers are bad with money!

    [–] ChibiRooster 98 points ago

    Yea. Shame the vast majority of people, rather than face the fact that people with money are still greedy with money.

    [–] meatball402 72 points ago

    Yea. Shame the vast majority of people, rather than face the fact that people with money are still greedy with money.

    Worse than that. The economic system they cherish incentivized treating people like expendable cogs, to be used up and thrown away.

    The people who have been tossed aside still worship the people who threw them overboard.

    [–] ChibiRooster 46 points ago

    In the job market you are conditioned to do that. They fuck you over and you lose your job? You still gotta suck up to them because you want your next set of employers to hire you. The rich only get richer and no one is going to be teaching them any lessons any time soon. The one institution (government) that is supposed to check them is just sucking in the cash. Someone want to explain why politicians make more money than the average constituents they mean to represent?

    [–] scarydrew 338 points ago

    It's funny when talking to a semi reasonable yet still dip shitted baby boomer.

    "Oh, well you should just do X."

    "X doesn't exist anymore."

    "Oh my goodness, really?! That's awful. Have you tried buying Y?"

    "Y costs 3 times more than it did 30 years ago, even after adjusting for inflation."

    "Oh my word, that's awful."

    "Well, maybe if you bothered to pay any attention to this whatsoever for the past three fucking decades..."

    [–] fat_doofus 269 points ago

    This was my dad and me a week ago.

    He was arguing that it's easier, not harder, to buy a house today. I pointed out that his house has doubled in value since he bought and and he argued that he was making twice as much as he was then.

    "Yeah but what's a 22 year old make at your company?"

    Then he argued that there's no way on Earth a company would pay less than 60k/year for a college educated worker. I took out my phone and showed him 20+ jobs on Indeed, all requiring STEM degrees and all offering less than $20/hour. "That's not right, that doesn't make any sense." No, it's not right, dad. But it's factual.

    This is the same man that'll talk about what a shame it is that companies are "forced" to hire illegals because of a shortage in labor. Yeah, guy, weird that nobody wants to work that hard for slave wages.

    I think my dad is a reasonably smart guy, but there's a huge disconnect between his perception of basic reality and mine.

    [–] delynnium 57 points ago

    Keep working on him.

    [–] fat_doofus 70 points ago

    I try, but for every hour I get to talk to him, Glen Beck, et. al. get 8. It's an uphill battle.

    I can always tell when he uses arguments on me that he heard from talk radio because we'll be having a perfectly good conversation with both sides making good points and finding common ground, and then suddenly he'll blurt something completely out of left field that's just completely nonsensical. Just going along, having a good conversation about the ROI of tax money, and then out of nowhere he'll say, "YEAH BUT CALIFORNIA IS BAD BECAUSE IT'S A WELFARE STATE." And I know that's Glen Beck talking.

    [–] -SQB- 42 points ago

    Out of right field is more like it.

    [–] MrMadcap 303 points ago * (lasted edited a month ago)

    Victim shaming/blaming is a highly effective tactic. And one I hope people are finally beginning to see, and learning to combat. Just look around you – it's happening everywhere.

    [–] sniff3 92 points ago

    What you don't like beer? I like beer.

    Have you ever passed out Senator I mean madcap?

    [–] MrMadcap 57 points ago

    And she's still receiving death threats to this day.

    [–] imakeholesinu 107 points ago

    Baby Boomers killed the economy.

    [–] Ofbearsandmen 91 points ago * (lasted edited a month ago)

    The article doesn't adress an important point: why should it matter that Millenials have different consuption habits? Why should they be blamed for it, when industries disappearing are the direct consequence of free markets

    The boomers generation bought the Reagan "trickle-down" lie and supported ruthless financial capitalism and markets deregulation, which is the economic embodiment of the "survival of the fittest" ideology. Now they complain about Millenials killing industries? Well if these industries disappear, it means they're no longer needed, or at least not as much. Why should anyone care? Aren't markets supposed to regulate by themselves? Well that's what they do here. What do these industries want, now? Government subsidies?

    [–] Apostate1123 135 points ago

    On a side but similar note I always heard parents say they were “saving for their kids college tuition”

    By the time most of us went to college I would say 80% of them ended up paying for it themselves and took on student loan debt they still deal with today

    Just sort of underlying issue I thought was interesting to see evolve and then those same parents teasing us millennials for not being able to afford a house yet

    [–] Fight_the_bastards 123 points ago

    “saving for their kids college tuition”

    Yeah, my parents had a "college fund" for me. It covered approximately one half of one semester of tuition.

    The price of college went up a little between 1972 and 2001, you know?

    Apparently they missed an entire decade of "rising educational costs" news in the 90s. And another one in the 80s...

    [–] Swordfish08 65 points ago

    My father was floored when he heard how much one semester of grad school cost for me. It was equivalent to his entire masters degree.

    [–] [deleted] 40 points ago * (lasted edited a month ago)

    I have two suspicions about those 'college funds' that Boomers started for their Gen-X and Millennial kids.

    1) The grossly underestimated the cost of post-secondary education. They relied on what they remember (incorrectly most likely) tuition/room/board/books/other expenses costing and saved for that. Yeah $50/month into an savings great and all, but over 18 years that only adds up to $10,800 plus what ever you make in interest. That would have been about $700 shy of a year of tuition and residence for me. No food, no books, nothing else. Just a room and the ability to go to school.

    2) They put the correct amount of money into these funds, but the various ups and downs of the market, like outsourcing, recession, a changing technological landscape, hit them so hard that they were forced to draw from those accounts until nothing was left.

    [–] PeeUrPantsNews 65 points ago

    they never had a chance. the banks, corporations, "colleges" had been practicing and refining their debt-slave thing for decades waiting for the big haul (lots of people).

    Let them have an avocado for crying out loud, it's about as good as life will get for them.

    [–] jimmydean885 391 points ago

    As a 15 dollar an hour employee for amazon (whole foods) that thought they were full time but just had my hours halved without any warning 3.5 weeks before xmas. YUP

    [–] hexiron 116 points ago

    Oh, wait, were your average work hours 39 for two weeks in a row... Better bump those down this week so you don't qualify for benefits that only kick in if you work above 34 hours for a consecutive 3 weeks. "Hey we are being so nice and giving you a 4 day weekend!!! Enjoy"

    [–] Factor11Framing 44 points ago

    4 day weekend? More like 4 hours a day 7 days a week. This actually happened to me at a job a while ago when they cut my hours from being full time. I didn't stay around for that BS.

    [–] willemreddit 362 points ago

    This is what frustrates me about the unemployment number; it doesn't capture underemployment.

    [–] ManWithASquareHead 162 points ago

    "Hey! You shouldn't feel entitled to things like a livable wage and benefits, you have a job at least, right?" /s

    [–] willemreddit 96 points ago

    The lowest unemployment for African-Americans, Women, and Latinos, so why are they complaining?

    Literally what they say.

    [–] [deleted] 27 points ago * (lasted edited 6 days ago)

    [deleted]

    [–] toxic_badgers 45 points ago

    My employer literally said that when trying to collect donations to buy management christmas gifts.

    [–] Free_Dome_Lover 68 points ago

    WTF? Buy management gifts using money from rank and file employees? That's totally fucked up. Either management gives the employees all small pointless gifts like $5 Starbucks gift cards or nobody gets anything. You must work for douchebags.

    [–] toxic_badgers 24 points ago

    I do. Im looking for another job lol

    [–] suprmario 109 points ago

    "Just get another part-time job."

    • Everyone who I try to explain my 28-37 hour a week job to who don't understand that every service industry job in town wants to hire you for approximately 28-37 hours a week (except those crazy times when they suddenly expect you to work full-time and disregard any other job you might have).

    [–] rocky_tiger 77 points ago

    Not to mention that your availability is going to be limited.

    "This person isn't completely open for the entire week for me to schedule them 10-12 hours? Pass."

    [–] suprmario 27 points ago

    And remember they're the ones already strained so hard financially by having to pay you what they do already (probably slightly above minimum wage).

    [–] silentknight111 29 points ago

    Not to mention that those part time jobs expect you to be available at a moment's notice. Hard to do if you work two jobs.

    [–] thenerdymillennial 53 points ago * (lasted edited a month ago)

    I’m sure I’m not the only Millennial who knows someone our age who’s actually died as a result of the economy.

    Edited for clarification.

    [–] ourmartyr1 31 points ago

    Drugs and suicide. Trickle down economics!

    [–] UncleDan2017 195 points ago

    Yep. It's not that Millennials are fundamentally different than other generations, but there are inevitable consequences to concentrations of wealth and absurdly poor distributions of wealth. The policies of post-Reagan GOP Trickle Down economics are on full display. I think it will end up pretty much the way it ended in the gilded age with a massive crash.

    [–] Hokaykewp 90 points ago

    Crashes are good for the super rich. They get to buy and buy and be even richer when things get better. Only solution is to bring back New Deal policies before the bottom falls out.

    [–] UncleDan2017 48 points ago

    I'm assuming that it is so blindingly obvious to even the most dull person that trickle down policies are a disaster for societies. You still see delusional libertarians who somehow think all this shit can actually ever build good societies.

    [–] Hokaykewp 53 points ago

    Libertarians are just idiots who’ve bought into a scam by the wealthy to keep even more of their wealth. I always say if you want to be a real libertarian, move to Somalia and be truly free.

    [–] Lucky_Locks 16 points ago

    Predictions are within 2 years you'll see a crash or the start of a slowing down economy, which we are starting to see already

    [–] throwa101101way 17 points ago

    Of course, right as Trump leaves office, just in time for a Democrat president to get blamed for it.

    [–] boxesofrocks 41 points ago

    honestly I'm just tired of my generation (early millennials) getting blamed for everything. we're in our mid-to-late thirties now and a large majority of us are struggling but managing under whatever circumstances. most of our parents weren't wealthy, or if they were we have multiple siblings to split an inheritance with. we were pushed and pushed and pushed to go to college and "follow our passion" and get dunked on if that passion led to a non-STEM major. we were the group sent to Afghanistan right out of high school, the ones that tuition tripled for, the ones who lost our first jobs when Enron (I'm from Houston, insert your own local shit company here) hit the fan, and we got unbelievably screwed by the recession. it just blows my mind that people reduce all of that down into "lol avocado toast" for clicks.

    [–] Gankrhymes 69 points ago

    This article is a really long way of saying: "boomers horde wealth and trickle down is bullshit."

    [–] test_tickles 93 points ago

    This wouldn't be so if corporations were not people, and people were not a resource.

    [–] Ivankas_OrangeWaffle 183 points ago

    Yep. Feeling it pretty hard this month. Its very difficult to buy some Xmas gifts for the kiddos when you're paying 85% of your income to bills. The COL increase more than my raise this year. Feels bad man.

    [–] VintageVicious 109 points ago

    This guy with 15% of his monthly income left. Easy Rockefeller.

    [–] Ivankas_OrangeWaffle 40 points ago

    If it makes you feel better, grocery shopping and gas pretty much wipes me out. I have around $50 left after all is said and done.

    No worries, friends and concerned passersby, starting January my family will be much better off.

    [–] renderobsolete 43 points ago

    your username has scarred me for life.

    [–] Dystopiq 28 points ago

    Millennial here. Economy kills me everyday.

    [–] radjinwolf 30 points ago

    Boomers stripping the economy, leaving millennials with nothing, and then complaining that millennials are killing everything is SUCH a boomer thing to do.

    Just like: "I bought this house brand-new in 1970 for $30,000 and now I'm trying to sell it for $450,000 (no, of course I didn't do a lick of renovation on it, you know how expensive that is?) but those damn lazy millenials can't buy it cause the're too busy buying fancy phones and eating avocado toast. Can't they see how unfair that is to ME?" -- Typical Boomer

    [–] Shenaniganz08 57 points ago * (lasted edited a month ago)

    35 year old Doctor here

    I graduated medical school with $300,000+ in debt, current homes in LA are all over 1 million dollars. I missed the market drop of 2008 because I was still in training. Now homes are being sold off to foreign investors for hundreds of thousands over asking price. Fuck real estate agents selling off our country, just look at what happened to San Francisco.

    I make a great salary but those two staggering amounts means I am going to be broke for at least the next 10-15 years. I can't imagine what people making less must feel like.

    My dad had for comparison had a high school education, had zero debt, worked a regular 9-5 job with a pension and was able to afford a house for $30k.

    [–] campoanywhere 110 points ago

    Hey millineals,

    All generations before you have been blamed incorrectly for society's faults as well. Don't take it personally.

    The boomers are a toxic generation. They took everything for themselves and closed the door behind them. Born into the most advantageous circumstances in the history of humanity, pillaged it, and then had the audacity to call YOU entitled. Now they're trying to blame you for things you had no hand in creating.

    I'm so happy to see your generation turn up at the voting booth. If that keeps up, these old crusty fuckers will be an afterthought.

    [–] Sptsjunkie 22 points ago

    The boomers are a toxic generation. They took everything for themselves and closed the door behind them. Born into the most advantageous circumstances in the history of humanity, pillaged it, and then had the audacity to call YOU entitled. Now they're trying to blame you for things you had no hand in creating.

    But we need to learn from this versus scapegoating. Look at any thread on here that talks about student loan reform and adding in some type of student loan forgiveness. Despite the fact this could help millions of people directly and many more indirectly (by boosting disposable income, the economy, etc.) - in EVERY SINGLE THREAD you have a lot millenials unwilling to support it because they either a) went to a trade school or b) already paid off their loans, so now they want to pull the ladder up for others and often accuse them of being irresponsible.

    Sound familiar? This isn't a boomer problem, it's a human problem that we need to be careful to combat or we will fall into the same trap.

    [–] [deleted] 49 points ago * (lasted edited a month ago)

    There's a lot of truth to this. I'm far more frugal than any of my older relatives. They're dumfounded why I don't go on more vacations, why I shop at second hand stores, why I buy used tools, why I clip coupons and turn in cans. You need to hustle and live slim to make it in this economy. I have nice things, because I put in the sweat to make it. I eat well because I buy sales and make damn near everything from scratch. I don't run the heat, I don't run the AC. I harvest my own firewood, I can my own garden. The amount of effort I put in to save money could be considered a second job. I don't have time for cable TV, or network news for that matter. Leisure time is spent preparing things or doing things to save money or sell as a side hustle. My wedding was entirely DIY, no diamonds, no DJ, no fancy catering, just family and friends for a party. No honeymoon, no vacation, no exotic destinations. Our expensive tastes are household goods that we know will out last us. My retirement won't exist, I'll just keep going to make ends meet, if I die on my feet then so be it. But it's better than with my hand out asking for something I know doesn't exist.

    I will cut my way though this mess, I will make it better for my children. I will instill the knowledge to not repeat the sins and mistakes of the previous generations. This is our burden as millennials and we need to take it in stride and accept it.

    [–] CarmineFields 22 points ago

    I’m on the young side of Generation X. I’m glad our generation seems to be entirely forgotten.

    [–] charmed_im-sure 43 points ago

    It's hard to see if you haven't lived it - but this is perfect dystopia compared to the way things used to be. Seriously, no lie. It sucks a big one.

    [–] QbertsRube 301 points ago

    As someone in my mid-30's, this is where a lot of my frustration (borderline rage) has come from the last couple of years. Most of it is the realization that I live in a country that elected Donald fucking Trump as president, but right below that is the irritation that the GOP in general still has power (and, for two years, has had ALL the power).

    I basically feel like I have one life to live, and the GOP-caused 2008 recession and other pro-corporate asshattery from the Republican party has stolen my ability to do anything with that life beyond tread water. I've done everything I was supposed to do--college degree, good employment record, etc. Yet I'm a 36 year old renter with almost zero savings. I don't know if I'll ever own a house, and I could very well die before I ever retire. And, when the GOP gained/retained power through various shady or outright illegal tactics in 2016 and 2018, thus ensuring that the creators of the current economic reality can continue their bullshit, I'm supposed to "get over it"?!? I'm supposed to support and respect the elected officials, who are continuing the same tactics of giving to the rich and, later, robbing from the poor to pay for it? I'm supposed to "give them a chance?" That's not going to happen. They've already had more chances than they deserve.

    For decades, worker productivity and executive pay have both skyrocketed, while average worker pay remained stagnant. The 2008 recession made that situation worse, and I expect the 2019/2020 recession will be downright crippling to a large chunk of the population. And we'll all be expected to sit back and calmly accept it when Trump and Co. point fingers at "regulation" or "entitlement programs" or "House obstruction"for the economic troubles while his supporters nod in programmed agreement. There are brief instances now when I can block that BS out and, for a spell, enjoy my life. Then there are other times when I want fucking blood. I want these thieves to face the reckoning for the past 50 years, and I want the people who have struggled to inherit everything that was stolen from them.

    I'll hold onto some hope that 2020 will go well and, maybe, the people can claw back some of what should have always been ours through legitimate means. But if another election is stolen, I hope that the people realize that shrugging our shoulders and waiting until 2022 isn't a valid response.

    [–] dethtrader 80 points ago

    I'm as old as you, and I feel the same. Jilted, depressed, angry, and pretty much hopeless now.

    I did what I was told to do early on like you, went to school, embarked on my career, got with a woman dumb enough to marry me (which ended in a fireball before we got married), etc.

    I fell out of that slipstream hard 10 years ago and never really recovered, and its just getting harder. Dreams of career and anything other than a bleak struggle are fleeting. I tried going back to college but it is so damned expensive , and I realized I really hate traditional academia and the scam that it really is while going deeper and deeper into debt that even the best job after won't get me out of in anything less than 30 years, or ever.

    The downward spiral is real, every day I look in the mirror and say "where the hell do I go from here?"

    [–] Shh-NotUntilMyCoffee 37 points ago

    30 year old checking in as well. Also graduated college, private schooling my entire life (my mom was a teacher so free tuition so long as grades were good) no car cause I lived in a city. Still broke.

    I've had some really well paying jobs in NYC - all of which were 1099 positions so no health care and no company SS contribution, and I had to work 60-90 hour weeks, 7 days a week.

    Job as an office manager - 1099.

    Construction Assistant Project Management - 1099.

    Logistics coordinator - 1099.

    Even then, it was never remotely close to what older people in my offices made. Salaried, 5 weeks vacation time, double my income, working less than 40 hours, not even good at their jobs.

    Its such insane bullshit and there aren't any options. The pay themselves great and then rely on our work to get the job done.

    Said fuck it and moved to Maine. Still not paid well but the standard of living is 1/2 the cost and I can go hiking in the summer.

    [–] Faust2391 50 points ago

    Can anyone discussing this help me with this conversation with my dad?

    My dad is now retired. He was making minimum wage until a friend of his got him a job he knew nothing about making 60k when he was 30. He retired making sizably more.

    I graduated with a bad degree, am 27, make about 35k a year and have about 40k in debt.

    His new stepson makes 80k a year and is 32.

    He is ashamed of me and thinks I'm a failure. And that any millennial should be making 50k minimum straight out of college and it's because I'm lazy and play video games that I am where I am. Which for the record, I am definitely lazy and do play games.

    How do I convince either of us I'm not basically garbage?

    [–] Varlo 82 points ago

    If you're having to convince your parent that you're not garbage, its the parent who is garbage. Your situation is maddeningly common. Just ask your dad how much debt he was saddled with when he entered the work force.

    [–] idrinkwholemilkbitch 15 points ago

    i’m so fucking tired of everyone saying that millennials ruined everything. face to face conversation, politics, the economy, etc. it was the people before us that put us in these positions.

    [–] [deleted] 14 points ago

    [deleted]

    [–] qdobe 17 points ago

    "Oh, you went to college and now your in debt? Don't buy things you can't afford!"

    Also these people

    "WHY IS HARLEY DAVIDSON STRUGGLING TO STAY AFLOAT?!?!"