I just took a couple Ubers. They were driven by retirees as a way to make a little extra cash and get out of the house. Both of them said they would have to quit driving and get another “real” job again if the market continued to tank. This shit rolls downhill…gonna create a job crunch again. People not leaving jobs, no jobs for people entering the marketplace, and companies are going to start crushing labor’s wages and benefits again.
Maybe that IS the end goal. Get old people working so wages get fucked for everyone and the corporate overlords can increase their profit margins from a measly 99% to 99.9% or whatever
And what’s the end goal? What’s their plan for when those old people die in a fiery crash while driving Doordash? Nobody’s having kids anymore and immigration ain’t happening so who’s gonna take those jobs?
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Doesn’t matter to them, the rich are isolated from any real repercussions of their behaviours. The older ones probably think they’ll be out of the game before things get worse anyway. Short term benefits for them are worth the long term issues for the rest of us, just as always.
Automation, once the population is too small to cover the jobs.
And who’s gonna buy this stuff when nobody has a job?
The true end game is for us poors to all die off and then there’s a lot less need for production, and fewer mouths to feed.
It’s all moving towards that.
If this doesn’t belong here, nothing does.
Every day, I’m further grasping just how fucked we are :)
“The leopards ate my face”
Don’t let them fool u by saying that this is just a correction. A correction needs a catalyst. The catalyst here is the tarriff. Trump created this mess. Rise up. Fight.
Well, if you voted for these dumbasses and are now pikachu over how idiotic they actually are…hard to feel sorry for you.
BTW, if you say “I didn’t vote for that”…YES YOU DID. It’s not like donvict was quiet about his love for tariffs.
I mean, I know quite a few retirees who actively voted for his opponent. So I wouldn’t feel right saying that THEY voted for it, no? However, around my area, they definitely are a minority in their age group, so I think statistically speaking you are probably going to be right most of the time.
Oh, of course. I don’t think anyone DESERVES to live in destitution - and this is probably where progressives like me get made fun of, but it’s just how I was raised - even if they voted for donvict.
My lizard brain immediately wants to condemn people that were told not to vote against their own interest, but did anyway because of their hate of wokeness and DEI or whatever the hell. However, though I do rant here and elsewhere, I ultimately have compassion for people, even if it’s from their own actions…
As for those that voted against donvict, of course they don’t deserve it, though I know it’s now quite fashionable to dunk on “boomers” as if they are some monolithic block and that means every single one of them, to a person has caused the Republicans to get worse and worse. Personally, I believe this thinking is goaded on by elites, because it only divides us further…in addition to racism, xenophobia, transphobia, if you can whip up the various age groups and pit them against one another, you can sit back and count your money and be comforted in the notion that few people will cop to the reality…
I agree that we shouldn’t let the oligarchs divide us, and that there are boomers that haven’t been voting towards oligarchy for the past 60 years. But, at the same time, I have a hard time giving any boomers a pass because I think they didn’t fight hard enough. The vast majority of them stuck their heads in the sand and stayed there for most of their relatively comfortable lives. They let their government slide further and further towards oligarchy and didn’t talk about it because talking politics was considered uncouth… Or because they’re religious and “this earth isn’t our eternal home anyways”, or some other hand-wavy bullshit. It’s very hard for me to not feel betrayed by their collective ignorance and ineptitude.
I guess we’ll see if any other generation is different than they are/were. I somehow doubt it. I don’t see Gen X or Gen Y doing all that much. Too early to tell for Gen Z and alpha, I think…I think it’s human nature.
The boomers that I knew growing up mostly lived hand to mouth. My parents were boomers and I don’t really remember them being all that comfortable. They lived a very meager existence, lived extremely frugally (I think it was generational trauma in my own family coming from the Great Depression and my grandparents on both sides) and saved as much as possible. They took almost no vacations and they were some of the first ecominded people. They were leftists (of the older type), not so much the hippie type, and most of their friends were, too. I sure as hell know they wanted nothing to do with the Republicans and the ones that are still alive despise donvict.
So, I think it varies. People born in a certain age group are definitely not a monolith. Not every boomer went to Woodstock and then later did a heel-turn and went all-in on the Reaganites and became a Wall street trader yuppie…as much as that is the common stereotype.
Well yes, there are outliers. My grandma was one of them. She participated in countless protests throughout her life, starting with the civil rights movements in the 60’s, and never stopped. She was part of the group that stopped the keystone pipeline from stealing people’s land in Texas. She was an amazing woman, may she RIP.
My point is, there wasn’t enough like her among boomers. There were, of course, plenty of boomers that didn’t have it easy. I too was raised in poverty and have known boomers who struggled. But, by and far, the boomers believed in the “American dream”, and even the ones who were struggling believed things could turn around for them eventually. The majority of them bought into or allowed reaganomics, propaganda, and blatant emperialism to thrive under their watch.
The difference I’m seeing in people below the age of 40 is that we talk politics openly, and we know who the bad guys are (the billionaires and their lackeys). We know that the billionaire’s, and their corporations, have been extracting our wealth for decades, that healthcare and higher education are scams, that we can’t trust anything the establishment media says. Even the younger right wing people know this stuff, the’ve just bought into the propaganda channels on TikTok and YouTube. But, I think the demographics have truly shifted in that the amount of people buying into the propaganda is no longer the majority. Young people actually are waking up, which is why we’re seeing all of these truth-to-power movements like BLM, quiet quitting, and “cancel culture”. These movements are growing despite major resistance from the establishment. Mostly because, those of us below 40 feel the effects of the status quo the hardest. They’ve extracted so much from us that we have nothing left to lose. We just need the older generations to fucking listen for a change, and stop fighting us at the polls every time. And we need young people to realize they can work around their work schedules with early voting. I’ve spent much of my adult life working 60 to 80 hour work weeks and I’ve voted in every federal and local election of the past decade. There’s really no excuse to not properly educate yourself on current politics and vote. Congress.gov and cspan are great resources for unfiltered information. Use them!
Sorry for the rant, OP, that last bit wasn’t directed at you. xD
The difference I’m seeing in people below the age of 40 is that we talk politics openly, and we know who the bad guys are (the billionaires and their lackeys). We know that the billionaire’s, and their corporations, have been extracting our wealth for decades, that healthcare and higher education are scams, that we can’t trust anything the establishment media says.
Again I’m just thinking about publications like Mother Earth News and so on. My memories of the boomers is that they seemed to talk politics, and talk a LOT about it. Many dropped out of the fight and became yuppies, I guess. Some continued to fight. Some mellowed out and gave up I guess - turned inward and became “pillow sitters” as I’ve heard them described and just working on their own enlightenment or whatever.
I don’t know. I guess my point is that we’ll see if it’s any different with subsequent generations. At one point, I thought Gen X might be even more fiery than the boomers because we were far more fucked than they ever were, and right from the jump. That turned out not to be the case. I personally don’t think it will be any different with Y or Z or alpha. Things might be even MORE blunted because you have more ways to blunt mass movements than ever before - far more distractions, far more ways to keep people isolated and atomized than the system ever had before.
Yea my boomer mom was a teacher most of her life and barely made enough to raise 2 kids. that’s usually who I think of when people are talking shit about Rich boomers hoarding wealth 😂
Yeah, same here. Well said, I agree with you
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Having lived in the shadow of “boomers” all my life, I’m rather bemused by the story arc they took - when I was very young, they were being castigated by the culture as being a bunch of idealistic, hippy-dippy dumbasses that didn’t know how “real life” worked. Most of this coming from MSM, mind you, and still controlled by the older generation. Then, when the 80s really came along, I remember lots of common tropes where some Gen X kid/teen is winking at the audience about the “60s leftovers” and how much more savvy the kid/teen is than their hippie drug-addled idealistic parents or whatever - often a nod to Reaganite sensibilities.
Then as Gen X started coming into their own, they mostly seemed to be grumbling about how they wanted to have their day in the sun, but by the time they left high school/university, the American Dream was already crushed for the boomers and also by the boomer “sellouts”, so what hope did our generation really have?
Then, later, once the culture mostly shifted to Gen Y, the MSM narrative seemed to pit boomers vs. Gen Y and paint the boomers as these extreme far-right reactionaries that ruined everything for everyone?
That’s quite an arc…and this is coming from someone that does hold a bit of a grudge for 1) Missing the 60s and being way to young in the 70s to appreciate a lot of the cultural things that happened. 2) having to live most of my life in a culture where nearly all of it seemed to be about the 60s generation holding up a mirror to their own generation and struggling to free themselves from the Silent Generation/Greatest Generations, even into their 40s and 50s and beyond. So very much of the movies/TV that I grew up with was about catering to boomers…we had a small window with that “brat pack” thing, and then a few indie movies aimed at/made by our “slacker generation”, but so many other movies were still about boomers, ultimately, even during that phase…like Forrest Gump.
Only to see this repeat with Gen Y - I’m already watching them go through similar nostalgia phases that the boomers seemed to go through. It will be interesting to see if they have a very similar arc…
Thank you. This is really well expressed!
They did say when they were exporting all the jobs to China that the stock market will do amazingly well, while skeptics were more concerned about jobs and unions. It really blurs the line between the left and the right when the left is complaining about a shrinking 401k while applauding the rich like Musk getting poorer.
But it’s so worth it when you remember that he ended all that DEI stuff and stopped those two trans kids from playing women’s sports.
Their biggest problem was DEI and immigration. Now its gonna be their second biggest problem. 🙂
That is really what it came down to for so very many of his base. They believe “go woke go broke” is a thing?
🤣 🤣
I know several people that were suppose to retire next year. Looks like they are gonna have to postpone 😂😂
This isn’t fair! I was gambling with those other people’s lives!
Let’s go vote republican !
Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it
“But… but… but at least we stuck it to the libs didn’t we? Right?.. Right!!!”
Gosh darn it!
Retirees ‘idiots’ as they keep savings they need to live in volatile asset classes such as stocks.
Boomers lived their entire lives failing upwards. Why wouldn’t they expect things to just go their way?
There was a time when people were dependent on defined benefit pensions. Then the U.S. pivoted to defined contribution plans, 401Ks. This of course put retirees at risk of a situation like the present one.
Could they have diversified their portfolio better? Sure. Should you blame them for Trump being an evil asshole? Only if you are one, too. The system itself was redesigned to fuck over the elderly, my friend. Then it did.
My parents are boomers. Like a lot of boomers they have a pension. In addition, they’re still getting social security checks. A pension for me isn’t even a dream and I’ll be lucky if social security is even around in twenty years.
So, pardon me if I’m a little flippant about some of the “screw you, I got mine” generation eating a bit of shit because they were attempting to draw income from volatile assets that you’re supposed to be in when you are decades younger after voting overwhelmingly for a clown that said for months he’d blow up the market and then did as he promised.
It’ll eventually come back around to screw me in the end anyway in the form of one disaster or another because I’m a millennial: born at exactly the right time to live through every financial, political, and constitutional crisis possible as well as to finance a Domino’s pizza.
Seriously I was scanning the comments to find anyone mentioning this. It’s insane to leave your funds in stocks if you’re retired or close to retirement. That should have been shifted to bonds or other stable investments years ago.
Lol, I rolled my 401k to an IRA as part of a actively managed fidelity fund right after Trump got inaugurated. If I hadn’t I would be down about 150k, instead I’m up 35k already, and that was after cashing out just below all time high.
That said,I decided to ride it out in my fuck around E-Trade account. I went from being up 25k on jan 1st to being down 9k today.
Trump’s ‘plan’ is to crash the market so that people with large reserves of cash can buy at all time low. Then he’ll back pedal his bullshit and things will go up, so they’ll sell. It’s not going to go back up to what it was before his watch, at least not with him around. People who don’t have the cash reserves/appetite to buy in a recession will get fucked, and that’s most people in the country
Yeah but you can’t just say “ok the plan worked, tariffs are off now” and expect the rest of the world to be chill about that. It’s too late to backpedal.
If the rest of the world turns on the US then that’s also a win because Krasnov is a Russian asset and part of why Russia and China worked so hard to get him elected was to destabilize the US and remove them as the world leader so China can step in
I really don’t think this is part of some grander plan. I think he really thinks blanket tariffs are a good idea.
Tariff man is an idiot.
He’s doing it because that’s one of the few things he can do without judges and Congress getting in his way. He expects other leaders to offer him deals (i.e. bribes) now. He doesn’t care about average American. It’s all about how HE can make some extra $.
That’s the best part. The baby boomers created this shit and now they can’t retire. Good for them!
So, all of boomers created this?
Where is the foresight? You knew you were voting for instability.
People at or near retirement age should have a 401k invested in more safe funds with a higher mix of bonds. Why would they have such a high proportion of stocks that a drop in the stock market would impact their spending habits?
Good, it’s what my parents deserve.
My mom retired last year. She also voted for Trump. She made her bed …
Oh well, should have raised your kids to be better people.
