Only 68 but with you all the way why is it people our age were working at 15? By the time these lazy ass kids move out from mommy and daddy we all were married with kids and a damn mortgage..
Nowadays it is generally not possible to afford a house without going into exorbitant debt at the age you guys did. My grandparents bought their current house in full for about $55k around 1970 or so in their late 20's. That same amount is equal to $442k today. I have no idea what their present property value is. I'm just a few years younger than they were then, and I currently have $1,532.53 in my bank account because my fucking $1,439/mo rent just got paid on the 1st (that's how much it is around here now unless you want a shithole crack den to live in). Oh, and since I'm moving out next month, my unit is currently listed as available starting in July for over $1,600/mo.
Also, moving out the minute you turn 18 is a purely American thing. In many, probably most, other countries, often multiple generations live in the same home. That's not saying that young people in other countries are lazy, they're still working, bringing in an income, etc. Instead, their income goes towards upkeeping the house and taking care of their parents/grandparents.
With that being said, I had to move out of my family's home out of necessity. If I hadn't had to, I probably would still be there. But after years of living on my own, I realize how nice it is to have a place to myself and privacy, albeit I'm very lonely because I live alone and none of my family ever comes out to visit or even expresses interest in wanting to. However, next month I'm moving back closer to them, though. Still having to rent, nowhere near affording a home, but I got a special deal through a friend of the family I couldn't pass up.
In any case, there's benefits to staying at home yet still being a working adult and moving out.
True, houses worth roughly that price in the 60s-80s are now worth almost 600K+.
Building your own doesn't even seem nearly as viable anymore even with a loan, because property taxes get to be as fluid as a leftist's definition of sex.
It's many levels of horse shit.
As for "children today being lazy", I don't necessarily believe that's true and I believe that it was quantified quite eloquently the other day:
Most people aren't lazy, they just lack motivation.
I think that is especially true today; schools don't prepare children, we are in a transitional era of automation where we saw a shift towards programming, IT, etc. and then we are seeing a shift away due to complex algorithmic AI.
Customer service jobs? All of them are becoming AI focused, and that's after much of it was outsourced to Bangladesh.
Manufacturing for basically every industry is overseas.
We are even seeing a greater rate of 3D printed housing, how long until that takes over much of the hard work that laborers have been doing for years?
Youths lack motivation and direction, and between the social maneuvering they have to do (an INSANE amount of it!) and the difficulty in opportunities to apply skills, I can see why that is.
Everyone can't get involved in a trade skill either; the industry cannot sustain such a massive injection of workers all colliding into the same jobs and roles.
It is sorely destructive to have so many jobs given to illegals and overseas wage slaves who work for nothing during a time of so much industry breaking change.
I'm 34. My grandpa who died late last year was in his 80s. He was able to afford a 3 story house with 5 acres and support his 5 kids, and wife who didn't work on a maintenance man's salary. He bought his house for 70K in the 70s and it just sold for close to 300K. I've been working since I was 14, I don't have nearly the wealth that my parents, or their parents had at the same age. Starting a family is a lot harder than in the past as well due to social media and dating apps. Although I'm married now, I had a hell of a time finding someone.
It is the plan to make each generation poorer than the last until it all falls apart. 2 jobs plus my wife works - barely making ends meet... I feel your pain.
I'm curious as to why his house was sold as opposed to passing it down? Was it that the family couldn't agree to anything else? I have the sense that in the old days, those things were passed down. It was expected that they would be passed down. They somehow got us to accept selling off the old things & buying new ones. With almost every house sold the bank makes money. Even if your relatives charged you a "mortgage" it would be better to give it to them than to the bank / Fed reserve system
Yes indeed! Not only did I start working at 15 but my father "sold" me the old family car for $600. It was a Chevy Biscayne, 6 cylinder w/3 on the column! I never even considered that he should just give me the old car. Years later when I was ready to purchase my 1st house I "borrowed" $5000 from him for the down payment. Now get this: he charged me interest!!
Long term solution is going to hurt, flat out. An immediate payout of any amount paid in, with an immediate closure of the program.
We can't keep living in a country where the same thing is used as a political platform for decades. It needs to stop, and no better time like that present.
They talk about the social security trust fund going broke all the time, but if it was to be paid out to all beneficiaries, they’d get something like $45,000-$90,000 each, because Congress raided it years ago, as all governments do with ”trust” funds. (Nothing against trusts themselves, but governments can’t manage them). The majority of social security payouts are made from present receipts, and the trust fund is more like a small rotating buffer account than an actual fund.
It’ll definitely hurt to close it out, and people are going to find out that their “retirement savings” was a money laundering slush fund, their trust was in error, and they should have been more skeptical and paying better attention. (IRA’s could potentially end up going the same way.)
There may be ways to soften the blow for some people, and they’ll need to be voluntary and highly auditable, but overall, having assets to mitigate the bankruptcy and children to soften what’s left are the only two paths that seem available as a whole.
That said, it’ll be nice to restore family unity and the intergenerational dependencies and connections that we’ve allowed to be broken, and there may be a way to do it that’s a bit softer that what I expect. We’ll see.
I had a job at 15 also lol. McDonalds on the weekends. We weren't allowed to work on school nights. All our energy was needed for SCHOOL. But a part time job was needed for MONEY! Mom stayed at home with us and Dad worked. There was little extra money so my parents answer was work lol.
Yes - I've thought about that. I'm 71! Been working since I was 15 - paying into SS since 15.
Only 68 but with you all the way why is it people our age were working at 15? By the time these lazy ass kids move out from mommy and daddy we all were married with kids and a damn mortgage..
Nowadays it is generally not possible to afford a house without going into exorbitant debt at the age you guys did. My grandparents bought their current house in full for about $55k around 1970 or so in their late 20's. That same amount is equal to $442k today. I have no idea what their present property value is. I'm just a few years younger than they were then, and I currently have $1,532.53 in my bank account because my fucking $1,439/mo rent just got paid on the 1st (that's how much it is around here now unless you want a shithole crack den to live in). Oh, and since I'm moving out next month, my unit is currently listed as available starting in July for over $1,600/mo.
Also, moving out the minute you turn 18 is a purely American thing. In many, probably most, other countries, often multiple generations live in the same home. That's not saying that young people in other countries are lazy, they're still working, bringing in an income, etc. Instead, their income goes towards upkeeping the house and taking care of their parents/grandparents.
With that being said, I had to move out of my family's home out of necessity. If I hadn't had to, I probably would still be there. But after years of living on my own, I realize how nice it is to have a place to myself and privacy, albeit I'm very lonely because I live alone and none of my family ever comes out to visit or even expresses interest in wanting to. However, next month I'm moving back closer to them, though. Still having to rent, nowhere near affording a home, but I got a special deal through a friend of the family I couldn't pass up.
In any case, there's benefits to staying at home yet still being a working adult and moving out.
True, houses worth roughly that price in the 60s-80s are now worth almost 600K+.
Building your own doesn't even seem nearly as viable anymore even with a loan, because property taxes get to be as fluid as a leftist's definition of sex.
It's many levels of horse shit.
As for "children today being lazy", I don't necessarily believe that's true and I believe that it was quantified quite eloquently the other day:
Most people aren't lazy, they just lack motivation.
I think that is especially true today; schools don't prepare children, we are in a transitional era of automation where we saw a shift towards programming, IT, etc. and then we are seeing a shift away due to complex algorithmic AI.
Customer service jobs? All of them are becoming AI focused, and that's after much of it was outsourced to Bangladesh.
Manufacturing for basically every industry is overseas.
We are even seeing a greater rate of 3D printed housing, how long until that takes over much of the hard work that laborers have been doing for years?
Youths lack motivation and direction, and between the social maneuvering they have to do (an INSANE amount of it!) and the difficulty in opportunities to apply skills, I can see why that is.
Everyone can't get involved in a trade skill either; the industry cannot sustain such a massive injection of workers all colliding into the same jobs and roles.
It is sorely destructive to have so many jobs given to illegals and overseas wage slaves who work for nothing during a time of so much industry breaking change.
I'm 34. My grandpa who died late last year was in his 80s. He was able to afford a 3 story house with 5 acres and support his 5 kids, and wife who didn't work on a maintenance man's salary. He bought his house for 70K in the 70s and it just sold for close to 300K. I've been working since I was 14, I don't have nearly the wealth that my parents, or their parents had at the same age. Starting a family is a lot harder than in the past as well due to social media and dating apps. Although I'm married now, I had a hell of a time finding someone.
It is the plan to make each generation poorer than the last until it all falls apart. 2 jobs plus my wife works - barely making ends meet... I feel your pain.
Yeah man, total bullshit lol. I'm ready for it all to fall apart
The intention is that father and mother work all day, and thus the government with its system will be in charge of indoctrinating the children.
Poorer in every respect, nor just financially. It's insane.
I'm curious as to why his house was sold as opposed to passing it down? Was it that the family couldn't agree to anything else? I have the sense that in the old days, those things were passed down. It was expected that they would be passed down. They somehow got us to accept selling off the old things & buying new ones. With almost every house sold the bank makes money. Even if your relatives charged you a "mortgage" it would be better to give it to them than to the bank / Fed reserve system
My parents couldn't afford to fix it, and my mom's siblings wanted some money from what I gathered.
One of my younger cousins is only 4 years older than I and is already a grandfather.
Yes indeed! Not only did I start working at 15 but my father "sold" me the old family car for $600. It was a Chevy Biscayne, 6 cylinder w/3 on the column! I never even considered that he should just give me the old car. Years later when I was ready to purchase my 1st house I "borrowed" $5000 from him for the down payment. Now get this: he charged me interest!!
I fully believe that the long term solution to social security is going to come from the Bible.
Dunno what else could do it.
“Honor thy father and mother.”
Long term solution is going to hurt, flat out. An immediate payout of any amount paid in, with an immediate closure of the program.
We can't keep living in a country where the same thing is used as a political platform for decades. It needs to stop, and no better time like that present.
They talk about the social security trust fund going broke all the time, but if it was to be paid out to all beneficiaries, they’d get something like $45,000-$90,000 each, because Congress raided it years ago, as all governments do with ”trust” funds. (Nothing against trusts themselves, but governments can’t manage them). The majority of social security payouts are made from present receipts, and the trust fund is more like a small rotating buffer account than an actual fund.
It’ll definitely hurt to close it out, and people are going to find out that their “retirement savings” was a money laundering slush fund, their trust was in error, and they should have been more skeptical and paying better attention. (IRA’s could potentially end up going the same way.)
There may be ways to soften the blow for some people, and they’ll need to be voluntary and highly auditable, but overall, having assets to mitigate the bankruptcy and children to soften what’s left are the only two paths that seem available as a whole.
That said, it’ll be nice to restore family unity and the intergenerational dependencies and connections that we’ve allowed to be broken, and there may be a way to do it that’s a bit softer that what I expect. We’ll see.
I had a job at 15 also lol. McDonalds on the weekends. We weren't allowed to work on school nights. All our energy was needed for SCHOOL. But a part time job was needed for MONEY! Mom stayed at home with us and Dad worked. There was little extra money so my parents answer was work lol.