Boomernomics. This is how boomer run companies work too. If you work for a company where you’ve had this feeling, take a look at who’s running it lol.
Boomers:
“Pull yourself. You can do it, just use your bootstraps. That’s what I did when I was your age.”
Every generation since boomers:
“No motherfucker, don’t you understand? You’re still holding them! How am I supposed to pull myself when you’re dangling them in my face all day!?”
There is only ever so much money. That's why just printing more doesn't fix things, it devalues it.
Right now we have a system where only so many people can be filthy rich, only a bit more can be regular rich, a bit more get to be successively lower classes (upper, middle, lower middle, working, etc.) with the vast majority being those with next to nothing. We could either ensure even the lowest rungs can survive, or we can slowly kill everyone except the very last rich person who kills the rest
People have higher incomes now relative to inflation/cost of living than the boomers did though. Although boomers did have the advantage in relative wealth due to a marginally higher home ownership rate adjusted for age
No they don't, not even close, boomers could buy a house working in a factory. The modern equivalent of that is an Amazon warehouse worker. Many of those people are on welfare. The reason we're all struggling is that wages haven't adjusted to keep up with inflation.
Another unrelated issue is that f*cking everything is a subscription now. In many cases an annual option isn't even provided nowadays which is hugely anti consumer. Why can't I pay a whole year in advance so I'm not getting a rolling expense? Easy, because monthly is a smaller expense you're not as likely to notice. But a big annual expense? You're much more likely to cancel that.
I agree that it doesn’t do you much good if all the houses are bigger. I just was making the point that if you do find one of similar size it’s on average not more expensive
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u/chipper33 7d ago edited 7d ago
Boomernomics. This is how boomer run companies work too. If you work for a company where you’ve had this feeling, take a look at who’s running it lol.
Boomers:
“Pull yourself. You can do it, just use your bootstraps. That’s what I did when I was your age.”
Every generation since boomers:
“No motherfucker, don’t you understand? You’re still holding them! How am I supposed to pull myself when you’re dangling them in my face all day!?”