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This is the same demographic that overwhelmingly votes for Republicans. I am finding it very hard to empathize.
That said, perhaps this train wreck will serve as an object lesson for the next generation about creating and maintaining social safety nets.
I always empathize. At the end of the day it comes down to education and rural parts of this country are massively underserved when it comes to educational spending. I come from a rural community and it seems like everyone regardless of party lines knows the issues but it’s infuriating to see people vote against their self interest because they’ve been disincentivized to discuss things with their neighbors and come up with the best solutions for their community
Except they won't call it a social safety net, because Socialism is evil. They'll call it something like "Returns from your tax investment" that masks the fact that the younger generation is paying for the older one to retire and make room for the younger generations promotions.
Maybe they'll call it "Patriot Security" or some other bullshit term
"universal basic income"
Agreed, the boomers are finally suffering after all the cruelty they inflicted on us.
Let me find my champagne.
This isnt just boomers, it's into Gen X too.
Boomers: 1946 to 1964: 59 - 77
Gen X: 1966 and 1980: 43 - 57
"Only 1 in 10 low-income workers between the ages of 51 and 64 had any funds put away for retirement "
I'm young genx, I hope we're not that stupid, we should have learned something what with Boomers trying to scam us literally every fucking day of our lives.
But if they haven't, whoops, another point to Darwin.
What gets me riled up is I work w/ a bunch of GenX and some don't even contribute to the 401k that is matched 6% (aka FREE MONEY). I just don't get it, my leave money on the table. Go low risk if your not sure...
Do you know if they have the economy to actually "loose" 6% of their salary?
It might be "free money" in their retirement fund but they still have to afford to actually add anything to it.
He owns 2 houses and a plane, plus gets disability from the military (I have no issue w/ tat but an additional revenue stream)
Several 401k providers I had before going the self employment route offerred loans secured by the 401k blanace for home purchasing and other uses, and at the end of the day, if you end up in an emergency financial crunch can always cash out the 401k, counts as income that you pay on that years income tax plus 10% irs early withdrawal penalty (amounts may have changed since I last looked).
It's not that...
Boomers legitimately never imagined they would get old, in their minds they're all like Trump, stuck in their flush of youth, they are Al Bundy still celebrating his 4 touchdowns in one game on permanent loop.
And sadly, while they abused the fuck out of us, some of us caught that same disease.
I think those years make no sense. People born in 1965 are nothing..?
The lost year, I blame extraterrestrials!
Keep that GenX link back in 1977 where it belongs.
1978ish to 1987ish has it's own corner referred to as Xennials. There was a technology and culture transition for my generation that was considerably different from Gen X and not quite as prefabricated as the Millennial generation.
This; born in 85, have much more in common with kids from 1975 than 1995, culture wise (land lines! pre Internet times!).