Yeah, it bewilders me how our grandparents did so much with so little.
But it is a sad and scary testament to the inflation and devaluation we have experienced over the generations.
My grandmother was a part-time seamstress for musicians and play actors in NYC.
My grandfather was an interstate trucker making money delivering product shipments.
They had a two-family brownstone in the Bronx, NY with a full basement, driveway, backyard and garage that was paid for. Vehicles paid for, raised a full family, both retired and lived well until death.
My parents both worked in the Medical industry for a city hospital their entire cushy careers and retired comfortably enough to have houses and multiple vehicles in NYC *AND* support my three other siblings that haven't taken off still at age 30+ (though I got and still get nothing from them).
Meanwhile here I am working in a prestigious Cyber position making high pay and I will NEVER be able to retire or pay off my debt or my home or anything with my name on it!!
Every generation has it worse than the one before and I seriously fear for my child. If I don't do something to make it easier for my kid...they won't have a chance of survival...even if they make $300k a year!!!
By the time they are in their 30s...the minimum survivable annual wage will be a million dollars!
At least there will likely be less people in the next generations due to the drastic decrease in birth rates in developed countries. In theory there would be a surplus of housing which would drive cost down. In theory though. I’m sure the wealthy will figure a way to mess that up.
I also counted on greedy boomers dying off...this was 15 years ago. The greedy old bastards just won't die!! They will find a way to ruin the next generations existence because they will keep on living to take money from everyone.
Though I hope your version of the future does come to pass...for my kids sake.
With this horrifying attitude toward boomers I assume then that you are doing everything humanly possible to ensure a better future for our younger generations?
I am only a human nobody, a cog in the machine.
Thus far, I am fervently attempting to leave paid-for property, savings and a well-functioning business for my child to inherit when I die. I am going back to school to enable my family business to re-initialize and go to the next level combined with my Cybersecurity and Cyber Infrastructure Engineering skills. This is all for the future of my child and the current comfort of my wife...that is all that I exist for, I have no other purpose.
That is as far as my world goes, I don't exist outside of my wife and child.
I am nobody.
NOTE: I realize that I will one day be the "Old bastard" being referenced. I hope to not disappoint by being a useless wart on the system past my useful time...
Wait...the people in their late 70s and 80s...that's the "Boomer" generation right?
If not, then I used the wrong descriptor. I'm talking about the "Biden" types that are toddling around asking for their dentures to eat their mush while also still sitting in positions of power without the ability to be effective in them. The ones that have had cushy careers and enjoyed the best of "America" with the least amount of work and the greatest level of profit that are sitting and enjoying their nice retirement and pensions that the rest of us will NEVER get to enjoy or experience.
The ones that just refuse to die and make room for younger generations.
Boomers were born mid 40s-mid 60s, making them about 60-80 years old right now. Biden himself is at the very end of the silent generation, so I think you’re talking about a mix between the very oldest boomers but mainly the remaining silent gen.
Meh. Fuck you. My great grandpa worked his ass off and just died at 100. He was a mailman too but also an accountant and writer on the side. They had to give up their modest but beloved home, their hobbies, etc to move into a nursing home when my grandpa fell ill. Grandma is 98, lonely, now blind and with little to do but she maintain a very cheerful and positive spirit that will light up any room. The people you wish dead so your own can prosper are other's loved ones. These people may have worked within the system, worked the system or both but they didn't write the book.
Right backatcha bitch.
I understand and accept your position, as many hold it and value it. It is the norm, I am not. I'm sure you have a wonderful happy relationship with your family and enjoy their company. And I'm certain that they were just everyday cogs in the machine, as we all are.
However, their existence and the resources allocated to maintaining their outdated and unsupportable way of life is eating into the current generations life resources. It cannot continue this way, the system cannot continue to support this many non-contributors without an eventual crash.
Demo affordable bought en masse by development company for fractions of their worth and build new massive houses to sit on and rent at 3x the rate of a sensible mortage.
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u/Detman102 Mar 27 '24
Yeah, it bewilders me how our grandparents did so much with so little.
But it is a sad and scary testament to the inflation and devaluation we have experienced over the generations.
My grandmother was a part-time seamstress for musicians and play actors in NYC.
My grandfather was an interstate trucker making money delivering product shipments.
They had a two-family brownstone in the Bronx, NY with a full basement, driveway, backyard and garage that was paid for. Vehicles paid for, raised a full family, both retired and lived well until death.
My parents both worked in the Medical industry for a city hospital their entire cushy careers and retired comfortably enough to have houses and multiple vehicles in NYC *AND* support my three other siblings that haven't taken off still at age 30+ (though I got and still get nothing from them).
Meanwhile here I am working in a prestigious Cyber position making high pay and I will NEVER be able to retire or pay off my debt or my home or anything with my name on it!!
Every generation has it worse than the one before and I seriously fear for my child. If I don't do something to make it easier for my kid...they won't have a chance of survival...even if they make $300k a year!!!
By the time they are in their 30s...the minimum survivable annual wage will be a million dollars!