November 6, 2019
Yeah, screw those boomers… Wait… Am I considered a boomer now? Shieeeet…
The essential truth of anti-boomerism has gotten so overwhelmingly obvious that even the mainstream media is now forced to admit that these people had it great while the rest of us are forced to live in relative misery due to their horrible, selfish choices.
This is after years of cringe-worthy denials and pathetic whining.
The boomer is immunized against all dangers: one may call him a scoundrel, parasite, swindler, profiteer, it all runs off him like water off a raincoat. But tell him “ok boomer” and you will be astonished at how he recoils, how injured he is, how he suddenly shrinks back: “I’ve been found out.”
Millennials and zoomers are getting completely fed up with boomers and their trite, hypocritical lecturing. Doubly so now that it’s becoming common knowledge that boomers had it easier than any other generation in history.
Millennials are facing a shortfall compared to other generations when it comes to their paychecks.
Overall, millennials earn 20% less than baby boomers did at the same stage of life, according to “The Emerging Millennial Wealth Gap,” a recent report from the nonprofit, nonpartisan think tank New America. Specifically, median earnings for those 18 to 34 are lower than they were in the 1980s, a disparity that was first noted in a 2017 report from the non-profit Young Invincibles. And the flow of today’s paychecks is less predictable due, in part, to the effects of the Great Recession and a rise in contract and freelance positions that may be less consistent in hours and pay.
That’s in spite of overall higher education levels. Nearly 40% of millennials 25 to 37 have at least a bachelor’s degree, compared to just a quarter of baby boomers and 30% of Gen X when they were the same age, Pew Research Center found.
These lower wages may lead to long-term problems for this generation, experts say.
Lower income levels are already having a long term impact on millennials’ ability to accumulate wealth, either through savings or home equity. “Millennials are going to be on a completely lower trajectory than previous generations,” says Reid Cramer, director of the Millennials Initiative at New America.
And by “previous generations,” they’re obviously talking about boomers. The previous generations before that suffered through the Great Depression and World War 2, while the ones before that were still tending their fields with horses and fighting off Indian savages to go fetch water at the river 13 miles away.
Gen X are older than me, so they’re technically boomers as well.
The boomer generation ends exactly on the year I was born – as far as I’m concerned.
The generational wealth gap has reached “historic proportions,” Cramer says. The average millennial’s wealth in 2016 (ages 23 to 38) was 41% less than those who were at a similar age in 1989, the report says.
It’s also true among young families. Households headed by someone under 35 in 2016 had an average net worth of $10,900, which is $8,000 less than it was in 1995.
Part of that can be attributed to the Great Recession and its aftereffects. Those who entered the workforce following the recession had fewer job opportunities and lower wages, starting them off at a disadvantage. At the same time, many faced higher college tuition costs, leading to higher student loan and personal debt rates, the report finds.
Great recession, whatever.
I say it’s attributed to the fact that boomers were destroying all traditional institutions and living up the high life of sex, drugs and rock & roll while Jews were taking over everything and flooding the entire Western world with primitive savages.
Everyone (everyone who matters – non boomers) is fed up with these people.
The memes don’t lie.