On 1/3/2023 at 1:47 PM, ToastJenkins said:

They will get there they are just thinking and acing like children longer. Just delayed adulting

Nothing says adulting like unfettered support for this clown

 

21 minutes ago, DEagle7 said:

Did you?  

The idea that millennials "covet" or frankly have any major difference in work views simply isn't demonstrated any data (see the meta-analysis). And the wealth accumulation disparity was calculated compared to other generations at the same period in their youth. On a population scale millennials objectively make less despite higher education levels than previous generations. If you want to argue the hours difference is career point fine, but show me data that they work less than gen X or boomers did at their age. Show me data on how they "covet" whatever TF that means. Show me something to back that up, because all we've heard are the same old tired "they're lazy/entitled/spoiled/don't want to work" phrases without any actual hard evidence to back it up. They're tired tropes regurgitated for pretty much every generation. 

You are filling in gaps in the data that frankly are there to suit the authors agenda.  What are their degrees in?  What jobs are they working?  These metadata analyses are absent very important factors.  One cannot look at just the education/employment/hours worked and come to the conclusions you are.  Combine that with a shift in immediate gratification which is inherent in the millennials and they fact that they have chosen not to buy houses and have families (because this is the biggest store of wealth unless you are vikas) and you get an expected and well earned wealth gap.

 

So rather than become responsible adults they demand recompense because they covet previous generations wealth and blame a system which they are ill equipped to succeed in.

On 1/2/2023 at 3:32 AM, DEagle7 said:

Now I'd take this with a massive grain of salt given that the millennials in the US and UK have dealt with Trump and Brexit respectively in their 30s so maybe it's just a blip in the radar. Housing market and generational wealth gap certainly doesn't help I'm sure though. 

This is key here. While housing, lower wealth at same age is more of global issue, both those countries have had very specific factors which will be playing a part. I’m not so sure the same will hold up, or at least not to the same level in other European / western countries. 

26 minutes ago, BBE said:

You are filling in gaps in the data that frankly are there to suit the authors agenda.  What are their degrees in?  What jobs are they working?  These metadata analyses are absent very important factors.  One cannot look at just the education/employment/hours worked and come to the conclusions you are.  Combine that with a shift in immediate gratification which is inherent in the millennials and they fact that they have chosen not to buy houses and have families (because this is the biggest store of wealth unless you are vikas) and you get an expected and well earned wealth gap.

So rather than become responsible adults they demand recompense because they covet previous generations wealth and blame a system which they are ill equipped to succeed in.

FFS you can't seriously be this naive. No one is choosing not to buy houses numbnuts, they're not buying houses because they can't afford it.

That would be a a 29% increase in median household income and a 121% increase in median house price based on census data compared to 1960. That's also a 72% increase in median rent which essentially means even that is harder to obtain and more draining of funds preventing savings from accumulating even if you can.

So again show me actual data or blow it out your ass with these generational platitudes about millenials "coveting others wealth". 

Median data is misleading. Housing isnt a normal distribution.

and yes they absolutely covet others wealth. Its envy from entitled babies who refuse to accept what it takes both in effort and time

42 minutes ago, kiwieagle said:

This is key here. While housing, lower wealth at same age is more of global issue, both those countries have had very specific factors which will be playing a part. I’m not so sure the same will hold up, or at least not to the same level in other European / western countries. 

You are correct

6 minutes ago, ToastJenkins said:

Median data is misleading. Housing isnt a normal distribution.

and yes they absolutely covet others wealth. Its envy from entitled babies who refuse to accept what it takes both in effort and time

If you're looking at a single point in time sure.  If you're looking at a trend of very robust data over the course of 80 years there's no reason why the data would skew so dramatically that it causes a more than 4 fold greater increase in household cost than income.

Again, show data or eat me. 

You want data? Look at interest rates and monetary supply. Thats all the data you need

4 minutes ago, ToastJenkins said:

You want data? Look at interest rates and monetary supply. Thats all the data you need

Enlighten me then.  Post the data.  Show how it demonstrates the millenials make the same relative money for the same relative work hours and with the same ease of access to wealth stabilizing means like home ownership.  Should be interesting.

15 minutes ago, DEagle7 said:

You are correct

If you're looking at a single point in time sure.  If you're looking at a trend of very robust data over the course of 80 years there's no reason why the data would skew so dramatically that it causes a more than 4 fold greater increase in household cost than income.

Again, show data or eat me. 

Robust data?  Cross correlations data is far from robust and is good for inferences at best.  I played around with NHANES in my medical statistics class and we were able to generate statistically significant and opposite results from the same data set.  It is all about grouping and statical methods.

 

And in regards to the cost of housing...I'm sorry if their drive for instant gratification impaired their ability to save ( see growing up/being an adult/getting a marketable degree/learning a trade).

3 minutes ago, BBE said:

Robust data?  Cross correlations data is far from robust and is good for inferences at best.  I played around with NHANES in my medical statistics class and we were able to generate statistically significant and opposite results from the same data set.  It is all about grouping and statical methods.

And in regards to the cost of housing...I'm sorry if their drive for instant gratification impaired their ability to save ( see growing up/being an adult/getting a marketable degree/learning a trade).

80 years of census data isn't robust enough to assess something as simple as "household income"?  We're not doing advanced analysis here this is basic stuff. 

But again you guys keep whining about how my data is flawed, and yet have yet to offer a shred of anything to back up your claims. So by all means. Give me better data. Show me a better study. 

Just now, DEagle7 said:

80 years of census data isn't robust enough to assess something as simple as "household income"?  We're not doing advanced analysis here this is basic stuff. 

But again you guys keep whining about how my data is flawed, and yet have yet to offer a shred of anything to back up your claims. So by all means. Give me better data. Show me a better study. 

8 data points 10 years apart?  I will let you think about that.

 

We aren't whining, we are pointing out the flaws in the study and the data set used which you defend like it is holy writ.

18 minutes ago, DEagle7 said:

Enlighten me then.  Post the data.  Show how it demonstrates the millenials make the same relative money for the same relative work hours and with the same ease of access to wealth stabilizing means like home ownership.  Should be interesting.

They dont. No one is arguing that

but you arent entitled to home ownership. Relo somewhere cheaper if its that important. Get a useful degree and dont take  massive debt or learn a trade. 
 

the mindset you got from your horrible boomer parents is a piece of what has them failing. And thats what causes them to go far left

9 minutes ago, BBE said:

8 data points 10 years apart?  I will let you think about that.

 

We aren't whining, we are pointing out the flaws in the study and the data set used which you defend like it is holy writ.

He will stomp his feet and hold his breath next

11 minutes ago, DEagle7 said:

80 years of census data isn't robust enough to assess something as simple as "household income"?  We're not doing advanced analysis here this is basic stuff. 

But again you guys keep whining about how my data is flawed, and yet have yet to offer a shred of anything to back up your claims. So by all means. Give me better data. Show me a better study. 

You are not using enough appeals to emotion or a false authority. Gotta insult people too, extra points if you go after parents. 

So anyway back to midterms

 

how quickly can they expel this fraud from new york? Let him go rot in a brazil jail

Your boomer parents who were Reagan Republicans taught you to be entitled

 

9 minutes ago, ToastJenkins said:

They dont. No one is arguing that

but you arent entitled to home ownership. Relo somewhere cheaper if its that important. Get a useful degree and dont take  massive debt or learn a trade. 
the mindset you got from your horrible boomer parents is a piece of what has them failing. And thats what causes them to go far left

I'm not saying you are entitled to anything.  Simply pointing out that from a pure population scale, the barriers to accumulating things like long-term wealth and  home ownership are objectively higher for millenials than they were from Gen X or Boomers, which is very likely one of several contributing factor to their lack of traditional rightward shift. That's all

Disagree. Technology has made it easier is some ways. Cheap debt is a double edged sword but low rates made it easier. Subsidies go up up up…tax burden down down down…

cant compare to the boomers they reached their prime before globalization and had the largest war bounty in history to grow up under. And of course they effed it up as the Me generation

Gotta Love his first day at work. (Do you have anything to say to your constituents. Liar)

 

14 hours ago, Dave Moss said:

Your boomer parents who were Reagan Republicans taught you to be entitled

 

Quiet Munson

19 hours ago, kiwieagle said:

Nothing says adulting like unfettered support for this clown

 

Yes let's here MOAR BISHING from white men who believe in American Exceptionalism and "the great steal" about how today's youth is entitled because they got participation ribbons.  Please, smother me in this Exxon sludge lake of irony.

1 hour ago, dawkins4prez said:

 

 

20 hours ago, Dave Moss said:

Your boomer parents who were Reagan Republicans taught you to be entitled

 

 I never got that argument. My parents were both boomers, and I am a boomer. Both my parents were very hard working. I have worked hard most of my life and all four of my kids are also hard workers.
 

I think someone didn’t get enough hugs from mommy and daddy. Has to be some reason why someone who claims to be so successful is so full of hate and anger. 

6 minutes ago, Tnt4philly said:

 I never got that argument. My parents were both boomers, and I am a boomer. Both my parents were very hard working. I have worked hard most of my life and all four of my kids are also hard workers.
 

I think someone didn’t get enough hugs from mommy and daddy. Has to be some reason why someone who claims to be so successful is so full of hate and anger. 

Hating on the generations after yours is a common thing nowadays. Its all meaningless BS.

20 hours ago, ToastJenkins said:

You want data? Look at interest rates and monetary supply. Thats all the data you need

 

20 hours ago, DEagle7 said:

Enlighten me then.  Post the data.  Show how it demonstrates the millenials make the same relative money for the same relative work hours and with the same ease of access to wealth stabilizing means like home ownership.  Should be interesting.

 

20 hours ago, ToastJenkins said:

They dont. No one is arguing that