Honestly the complete disregard for GenX financial strain is getting old

Anonymous
GenX problem isn't boomers. It's Millennials with more marketable skills that shaped the economy. That's why GenX is the Trumpiest generation. Aggrieved.
Anonymous
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/personal-finance/millennials-vs-boomers-charts-e6f1971b


I know it’s non stop Boomers and Millenials but many GenX were ruined by the dot.com and housing busts and had the lost decade up to the GFC. Careers haven’t advanced because boomers WILL NOT LEAVE.



Let's back the truck up for a bit.

Boomers WILL NOT LEAVE because they can't! Life is damn expensive and they got caught in the squeeze same as narcissistic you. Do you think their old asses want to continue working? Don't be dense.

Blame population growth for creating conditions leading to higher cost of everything since everyone is chasing the same goods and services including housing, transportation, food, etc. And my population growth comment is my delicate way of saying unchecked immigration.

This comment is peak DCUM - people with zero knowledge of economics and boundless confidence in their idiotic opinions. Meanwhile, every economist who has studied this has concluded that immigration is an enormous economic boon because immigrants tend to be underpaid relative to non-immigrants and undocumented people pay federal taxes but don’t get federal benefits like social security.

PP - the immigrant crews building houses for pennies on the dollar compared to non-immigrants make housing CHEAPER, not more expensive. And most DCUM posters aren’t competing for housing with immigrants. The immigrants providing cheap childcare make it EASIER for your family to have dual incomes, not harder.
Anonymous
I’m old enough to remember when people were really only focused on ensuring that the next generation was even better off than their own one.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/personal-finance/millennials-vs-boomers-charts-e6f1971b


I know it’s non stop Boomers and Millenials but many GenX were ruined by the dot.com and housing busts and had the lost decade up to the GFC. Careers haven’t advanced because boomers WILL NOT LEAVE.



Let's back the truck up for a bit.

Boomers WILL NOT LEAVE because they can't! Life is damn expensive and they got caught in the squeeze same as narcissistic you. Do you think their old asses want to continue working? Don't be dense.

Blame population growth for creating conditions leading to higher cost of everything since everyone is chasing the same goods and services including housing, transportation, food, etc. And my population growth comment is my delicate way of saying unchecked immigration.

This comment is peak DCUM - people with zero knowledge of economics and boundless confidence in their idiotic opinions. Meanwhile, every economist who has studied this has concluded that immigration is an enormous economic boon because immigrants tend to be underpaid relative to non-immigrants and undocumented people pay federal taxes but don’t get federal benefits like social security.

PP - the immigrant crews building houses for pennies on the dollar compared to non-immigrants make housing CHEAPER, not more expensive. And most DCUM posters aren’t competing for housing with immigrants. The immigrants providing cheap childcare make it EASIER for your family to have dual incomes, not harder.


1000%. Illegal immigrants working 70 hour weeks for less then minimum wage while living 5 to a room is why Pappy won’t retire from his $600k a year big corp middle management job. You don’t hate illegals enough.
Anonymous
Anonymous wrote:https://www.wsj.com/personal-finance/millennials-vs-boomers-charts-e6f1971b


I know it’s non stop Boomers and Millenials but many GenX were ruined by the dot.com and housing busts and had the lost decade up to the GFC. Careers haven’t advanced because boomers WILL NOT LEAVE.


Your career hasn’t moved forward because you have a victim mentality.
It's not the Boomers' fault.

If you want to take the jobs that Boomers have, you need to outperform them and make them leave. You don't deserve anything for free.
Anonymous
Politically it’s the Boomers that won’t leave.
Anonymous
GenX is sitting here waiting to see how we’ll get screwed next. The boomers have absolutely pulled the ladder up behind them. We haven’t really started to retire yet - pensions are miniscule or completely gone, keep raising the age for social security, people keep eying increasing the taxes, raising means testing, or phasing out benefits for people who have managed to pull together some retirement wealth — all that is going to hit GenX.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:https://www.wsj.com/personal-finance/millennials-vs-boomers-charts-e6f1971b


I know it’s non stop Boomers and Millenials but many GenX were ruined by the dot.com and housing busts and had the lost decade up to the GFC. Careers haven’t advanced because boomers WILL NOT LEAVE.



Let's back the truck up for a bit.

Boomers WILL NOT LEAVE because they can't! Life is damn expensive and they got caught in the squeeze same as narcissistic you. Do you think their old asses want to continue working? Don't be dense.

Blame population growth for creating conditions leading to higher cost of everything since everyone is chasing the same goods and services including housing, transportation, food, etc. And my population growth comment is my delicate way of saying unchecked immigration.

This comment is peak DCUM - people with zero knowledge of economics and boundless confidence in their idiotic opinions. Meanwhile, every economist who has studied this has concluded that immigration is an enormous economic boon because immigrants tend to be underpaid relative to non-immigrants and undocumented people pay federal taxes but don’t get federal benefits like social security.

PP - the immigrant crews building houses for pennies on the dollar compared to non-immigrants make housing CHEAPER, not more expensive. And most DCUM posters aren’t competing for housing with immigrants. The immigrants providing cheap childcare make it EASIER for your family to have dual incomes, not harder.


Most illegals I know get paid cash. And how would we when know what percentage of illegals get paid cash?
Anonymous
Boomers have very good social security benefits with no means testing. They do not NEED to keep working and delaying retirement. They also won’t give up their family sized homes that younger people need to start families.

Meanwhile they complain that they don’t have many grandchildren. And that it’s expensive to hire people to cut their grass, repair their spare 2 bathrooms, snowblower their long driveways. It’s ridiculous. Poor them.
Anonymous
Losers who are broke as F*CK love to blame other people for their shortcomings. Nothing new!
Anonymous
Anonymous wrote:
Anonymous wrote:the 2000-2010 period was a great time to invest. Bear markets are your friend.



Many of us were paying off student loans then. Money for investing wasn’t something we had.


Well it is time for people to stop taking massive student loans. We had $80K in student loans in early 90s. Choose to live in a decent (but not as nice as our jobs would indicate we could afford) and live off of one income for 2-3 years to pay them off and save for a downpayment. And then the house we bought was similar costs to our apartment costs. So we still aggressively saved for another 2-3 years so we were financially stable.

Would we have rather taken nicer vacations (or any vacation that wasn't just a drive), get lunch out more at work, go out more for drinks, etc? Sure. But don't regret what path we did for a minute as we were well set for the future by forgoing in our 20s.
Anonymous
Anonymous wrote:Boomers have very good social security benefits with no means testing. They do not NEED to keep working and delaying retirement. They also won’t give up their family sized homes that younger people need to start families.

Meanwhile they complain that they don’t have many grandchildren. And that it’s expensive to hire people to cut their grass, repair their spare 2 bathrooms, snowblower their long driveways. It’s ridiculous. Poor them.


I don’t really hear them complaining. They are too busy with Viking cruises and pickleball and golf. Living their best lives.
Anonymous
Anonymous wrote:NIH is full of boomers who refuse to retire. You would be surprised by the number of octogenarians still working full time there. This leaves fewer opportunities for the next generations.


It's not just NIH. And you can say it's just a small percentage, but those are the management positions. Boomers aren't taking entry level jobs in the government agencies.


Key Demographic Trends in the D.C. Federal Workforce

Age Distribution: Approximately 46% of federal workers in the District are over the age of 50, and 15% are age 60 or older.
Generational Breakdown: As of 2025, the government-wide workforce (highly concentrated in D.C.) consists of:
Generation X (41–56): 45%.
Baby Boomers (57–75): 29%.
Generation Y/Millennials (25–40): 26%.
Youth Representation: Only about 7% to 9% of federal employees are under the age of 30, compared to roughly 20%–23% in the total U.S. civilian workforce.
Agency Variations: Some local agencies skew even older. At the Department of Housing and Urban Development (HUD), about 20% of D.C.-based employees are 60 or older, while at the Smithsonian Institution, that figure reaches nearly 22%.
Anonymous
Anonymous wrote:Boomers have very good social security benefits with no means testing. They do not NEED to keep working and delaying retirement. They also won’t give up their family sized homes that younger people need to start families.

Meanwhile they complain that they don’t have many grandchildren. And that it’s expensive to hire people to cut their grass, repair their spare 2 bathrooms, snowblower their long driveways. It’s ridiculous. Poor them.


They just care A LOT about their peers’ opinions.
My parents had an enormous house on 2 acres of land. I convinced them to downsize and when they saw houses that would be an appropriate size (no stairs, 2 bedrooms) they were appalled. My mom said “I need to be PROUD of my home! My friends wouldn’t be impressed by this.” They ended up in a huge “luxury” townhouse with two flights of stairs. But at least they got rid of the yardwork problem.
Anonymous
Anonymous wrote:GenX is sitting here waiting to see how we’ll get screwed next. The boomers have absolutely pulled the ladder up behind them. We haven’t really started to retire yet - pensions are miniscule or completely gone, keep raising the age for social security, people keep eying increasing the taxes, raising means testing, or phasing out benefits for people who have managed to pull together some retirement wealth — all that is going to hit GenX.


Gen X has benefited from one of the greatest bull markets in history right when it helps most.
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