return2ozmaAmerican Millennials Are Dying at an Alarming Rate
PattyMcBI blame the boomers for being way too selfish. They’re ruining it for everyone else
i told my mother (boomer generation) that now that she’s 70 she should think about planting a tree she will never see grow.
she looked at me like i told her to go fuck herself and told me that was dumb.
the boomer problem is an everyone problem.
CharlesDarwinNot all boomers.
Also, I don’t see all that much difference in boomer attitudes than some of the ones I see/saw in the Silent Generation and the “Greatest” Generation when it comes to at least a subset of them being very conservative and selfish in older age.
No, but enough of them to remove most of the ladder rungs for anyone after the.
Well, they can’t take it with them.
The Great Wealth Transfer is under way, and I’ve read that Gen Y is poised to become the wealthiest generation in history. Will they be any different than the boomers or the Silent Generation or the Greatest Generation? (I’m Gen X; we are used to being ignored and sidelined at nearly every turn, lol) What will they do with all that wealth? Do they, by dint of being born between two arbitrary years, have some magical property other generations don’t?
TotallynotJessicaThis is such bullshit. Many will never see this wealth transfer, either because they have no intergenerational wealth in their family, or because the real enemy is looking to prevent it from passing down. Many states have laws that’ll make mortgage rates and taxes increase when that wealth gets passed down, causing many people to sell that capital for short term income, further driving the younger generations into fiefdom for the wealthy feudal lords. It’s a self reinforcing cycle that makes a middle class statistically impossible. No bourgeoisie; only nobility.
There is no winning at this late stage capitalism, because we no longer live in a system where people can save, aquire wealth, and retire. One bad day is all it takes for almost anyone to lose everything, and those bad days are engineered to be so frequent that it’s all but guaranteed eventually. The only wealth transfer is into the pockets of those who already have extreme wealth, and you will not be one of those people.
The article makes points about the distribution and that Gen Y, along with being the wealthiest generation in history, will likely have even more inequality than prior generations.
I guess we’ll see if Gen Y does something different than any generation prior.
I don’t feel like we need to spend much effort predicting how the “wealthiest generation of history” with relatively unprecedented amounts of wealth inequality is going to play out. Rich assholes will feel entitles to become even richer with only extremely weak societal checks to keep them from running amuck. I expect the leadership of gen y to be - at a baseline - even more violent and exploitative than the current leadership meta
I fear you may be right.