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Dr Iron Arc

Dr Iron Arc

Into the Unknown
Feb 10, 2020
21,392
• Young people earn 20% less than previous precious generations did—despite being better educated (https://www.cnbc.com/2019/11/05/mil...han-boomersdespite-being-better-educated.html )

• Cost of college has gone up at 8 times the rate of wages (https://www.forbes.com/sites/camilo...lmost-8-times-faster-than-wages/#6ba328a466c1 )

• There is not one single state in the United States where a full-time, just-above-minimum-wage job can support a 1 bedroom apartment.

• Student loans now make up the largest chunk of non-housing debt in America, and many "entry level" jobs now require a degree. (https://www.finder.com/student-loans-account-for-36-35-of-non-housing-debt )

• Cost of living is up 300% or more since the 1970s but wages are only up 50-70%.

• The Census reports that the average price of a new home in June 1998 was $175,900. According to inflation, that price today for a new home should be $271,931. The same report places the average sale price for June 2018 at $368,500, however, more than 35% higher than the price when accounting for inflation alone.

• A gallon of gas in 1994 cost $1.06, making it $1.64 in June 2014, when adjusted for inflation. The actual national average price, as of July 2018, is $2.88 – 75% higher than what it would be if inflation were the only cause for the increase.

• The median household income in 1998 was $38,885. The most recent year with full data available is 2017, so adjusting for inflation as of that year gives a median income of $58,487. The Bureau of Census reports that the actual median 2017 income was $59,000 – higher than the adjusted figure, but not by very much, and certainly nowhere near the percentage that prices have outpaced inflation.

• If the minimum wage had increased with CEO pay since the 1970's, it would now be at 33$ an hour.

According to the Social Security Administration (SSA)(https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2018) which tracks net income numbers after taxes through the Average Wage Index (AWI):

-33 percent of all American workers make less than $20,000 a year.

-46 percent of all American workers make less than $30,000 a year.

-58 percent of all American workers make less than $40,000 a year.

-67 percent of all American workers make less than $50,000 a year.

Approximately two-thirds of all American workers are making $4,000 or less a month.

According to Forbes (https://www.forbes.com/sites/zackfr...to-paycheck-government-shutdown/#1adadff14f10) 78% of workers live paycheck to paycheck and more than 1 in 4 workers do not set aside any savings each month.

CNBC reports (https://www.cnbc.com/2019/05/17/a-t...adults-cant-cover-a-400-dollar-emergency.html) One-third of middle-income adults don't have enough savings to cover an unexpected $400 expense without selling something or borrowing money.

So if I wager a guess I'd have to say crippling student debt, stagnant wages, and rising costs of living.

...or maybe @ctb is right and it's all just astrology... definitely astrology...
That sure is a really long way to say:
 
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not-2-b-the-answer

not-2-b-the-answer

Archangel
Mar 23, 2018
10,476
You just have to pull yourself up by the boot straps, give it the ol' college try, be an achiever, make your own way in life, no ones going to give you a free ride or any hand outs, you know, like having rich parents and connections. And those people earned it, don'cha'know? Go out and be like them, buy, beg, borrow, and steal your way to the top.
That mentality pisses me off. :angry:
That kind of bullshit spouted by pundits who sit in a air conditioned studio wearing their bowties, born rich and have an inheritance of 90 million. Also a net worth of 420 million (Including the 90 million).
You can't pull yourself up by your bootstraps when you have been barefoot your entire life. :angry:
Is this primarily a new thing or was this happening a century ago?
Since creation? :wink: I agree with @Red Scare. I have heard the statistics before that it started getting worse in the 70's. It isn't going to get better. The rich have everything rigged in their favor.:angry:
 
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LostAllHope88

LostAllHope88

Member
Dec 21, 2021
62
@Red Scare really gets it. Put it into better words with facts and data than I ever could. It's for all those reasons listed that I've Lost All Hope 🥲

I gave it a good shot but it's time to accept that my generation got f###ed in the a#s and there's no way for it to get better because the system has been rigged by the rich elite class to benefit only the rich elite class. Dying is much less costly than living at this point (although that's not entirely true if you look at funeral expenses in the US, but that's a conversation for later)
 
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Red Scare

Red Scare

Wizard
Mar 1, 2022
647
Since creation? :wink: I agree with @Red Scare. I have heard the statistics before that it started getting worse in the 70's. It isn't going to get better. The rich have everything rigged in their favor.:angry:
the system has been rigged by the rich elite class to benefit only the rich elite class.
My comrades, there was at least one time in our human history where people actually came together and shook off the chains of their capitalist oppressors, to establish a dictatorship of the proletariat and it was glorious. Within a few decades they went from being a pre-industrial society to being an agricultural and industrial powerhouse. There was no homelessness, no unemployment... Healthcare, housing, college/a good job, were guaranteed. Food, electricity, and plumbing was accessible to all. Property was owned in common, the means of production were owned and shared by all. The profits and proceeds that came from trading and selling with outside nations was redistributed back into the state for the communal good. Anybody who wanted and was ambitious enough could move up in their chosen vocation, whether that was as a factory foreman, or within the party political apparatus.

Landlords were cast into prison, and so were the other capitalists parasites who refused to change. Religion was abolished. The people prospered, and for a while they had the world's top physicists, and doctors. With a space program that could rival nasa.

It was a glorious time that ended in 1991, with the fall of the ussr. The west worked for decades to bring it about, doing everything it could to cripple, slow, and stop this nation. They ultimately succeeded, the region has never recovered.
 
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speck

speck

Student
May 5, 2020
178
Probably because this is where you peak. You've either made something or done something or failed and are able to see the success of everyone else around you. People starting families, achieving dreams, making plans.
I think a lot of people realize they've got no ambition or hope or nobody to talk to- sometimes just one, sometimes all. It takes it out of you. We've all seen a washed up fucked up 40-50 year old by this point and the suffering of the elderly and we just say ok. No more.
 
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LostAllHope88

LostAllHope88

Member
Dec 21, 2021
62
I feel obligated to post this here so more non-US members will understand how scary the prospect of the future is for young adults in the USA. I wasn't kidding about the possible lack of retirement down the road…you can't make this stuff up.

 
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jimmy7754

jimmy7754

I just want to be myself again
Dec 15, 2021
508
As a 33 year old, I guess for me it's because I've passed all the major milestones. When I was growing up there was always some age milestone I was holding out for. I'd be an official teenager at 13, be able to drive at 16, graduate high school at 17, legally be able to do a lot more things at 18, drink at 21 (in the US), graduate university eventually, etc.

If marriage and kids were on the table for me, maybe I'd have held out for those things. But instead life became all about working, and feeling stressed and miserable and sleepless. No more big milestones to look forward to, just thankless labor without an end in sight. At least not if you're poor and you live in the US.

The cost of living keeps getting higher, and wages are not enough to survive. When you get older, your parents are less likely to still be taking care of you financially (if they're even alive still). Then throw in chance medical issues, and hospital bills that are out of this world expensive. Universal healthcare doesn't exist here so on top of any student loan debt you may have you're responsible for those. Even if you do get a higher-paying job, will you ever truly be free of debt? Will social security even exist when I get older? Do I have anything to look forward to but slaving away for billionaires for the rest of my life?

Prior to late 20's/early 30's I guess I never really thought about all that and life still seemed hopeful.
I'm 32 and can relate.. I've done it all graduated college.. twice two degrees.. father died at 25.. not much support from people (probably because their secretly miserable).. I work a job I hate.. I injured myself doing my "hobbies".. my relationship failed.. my dog died.. I don't feel like I have much choice to do things.. And things could get worse! I remember being young happy fit and smart.. then I went down down downhill fast..
 
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LostAllHope88

LostAllHope88

Member
Dec 21, 2021
62
I'm 32 and can relate.. I've done it all graduated college.. twice two degrees.. father died at 25.. not much support from people (probably because their secretly miserable).. I work a job I hate.. I injured myself doing my "hobbies".. my relationship failed.. my dog died.. I don't feel like I have much choice to do things.. And things could get worse! I remember being young happy fit and smart.. then I went down down downhill fast..
Wow sounds like we had very similar experiences, I have 2 degrees as well and my mom passed away in September. After the job I hated indirectly caused my relationship to fail. I used to work out, eat healthy, was motivated to try to work toward a better life but now I realize it's all just a pipe dream. I'm sorry for your shitty experiences…
 
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Starrywaters

Starrywaters

Member
Dec 10, 2019
67
As somebody who fall into that age group I'd say it's because there are certain milestones you're "supposed" to have hit. Marriage/relationship, career, home, wealth.

You're now considered very much an "adult" and so with that comes all the baggage of life. Failed relationships, shitty jobs, debt.

Childhood and adolescence just doesn't prepare somebody for what to do imo.
 
deathbydragon

deathbydragon

take me with you
Mar 17, 2022
189
It seems like the "I'll wait a few years, maybe I'll see if it gets better...wait, it doesn't, fuck this I'm out" age.
Not that I'll be in it. I'll be adding to the 16-24 demographic ;)
 
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S

SuicidallyCurious

Enlightened
Dec 20, 2020
1,715
My comrades, there was at least one time in our human history where people actually came together and shook off the chains of their capitalist oppressors, to establish a dictatorship of the proletariat and it was glorious. Within a few decades they went from being a pre-industrial society to being an agricultural and industrial powerhouse. There was no homelessness, no unemployment... Healthcare, housing, college/a good job, were guaranteed. Food, electricity, and plumbing was accessible to all. Property was owned in common, the means of production were owned and shared by all. The profits and proceeds that came from trading and selling with outside nations was redistributed back into the state for the communal good. Anybody who wanted and was ambitious enough could move up in their chosen vocation, whether that was as a factory foreman, or within the party political apparatus.

Landlords were cast into prison, and so were the other capitalists parasites who refused to change. Religion was abolished. The people prospered, and for a while they had the world's top physicists, and doctors. With a space program that could rival nasa.

It was a glorious time that ended in 1991, with the fall of the ussr. The west worked for decades to bring it about, doing everything it could to cripple, slow, and stop this nation. They ultimately succeeded, the region has never recovered.

Nice Soviet apologia

USSR is gone and is never coming back. The ideology of the losers was defeated . Deal with it !
 
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Red Scare

Red Scare

Wizard
Mar 1, 2022
647
Nice Soviet apologia

USSR is gone and is never coming back. The ideology of the losers was defeated . Deal with it !
Yeah you're right, it's much better to let people die in the street because they can't afford their medical bills
 
S

SuicidallyCurious

Enlightened
Dec 20, 2020
1,715
Yeah you're right, it's much better to let people die in the street because they can't afford their medical bills

That's what happened to the Soviet Union. It fell apart due to following the ideology of the losers and to this day they are still dealing with the fallout. So many drug addicts out there on krokodil

Im sorry you have wishful thinking about life and economics. There is a finite amount of resources in the world and no socialist utopia is coming.
 
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Red Scare

Red Scare

Wizard
Mar 1, 2022
647
That's what happened to the Soviet Union. It fell apart due to following the ideology of the losers and to this day they are still dealing with the fallout. So many drug addicts out there on krokodil

Im sorry you have wishful thinking about life and economics. There is a finite amount of resources in the world and no socialist utopia is coming.
Wow you need to brush up on your history.

The USSR only fell in 1991 after introducing economic reforms which opened up the door for capitalism to come in and wreck everything. This was after the cia had several people working on the inside to bring it down. The same way we armed afghan extremists terrorists, you can thank the USA for creating the conditions for someone like Putin to be where he is now.
 
thedaywillcome

thedaywillcome

I will leave soon
Apr 2, 2022
358
Yes I thought the highest age was 45-55.
And thats the case. Not only in US also in other countries. One reason could be that in people who suffered for a long time their survival instinct goes away.

Their is SI, but this SI goes broken if a person suffered too long.

I wont live through this life I know this. I am not happy with this life and I have real reason why.
 
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All Done

All Done

I've had enough.
Mar 13, 2022
6
Are you asking why suicide is more common than other causes of death for that age group? It's simply because most people in their late 20s and early 30s are still young and healthy enough not to die of natural causes. Those ages don't lend themselves to suicidality any moreso than any other ages. It's just that terminal illnesses are far less common before middle age.
 
VikingHagstrom

VikingHagstrom

Member
Sep 8, 2021
38
These capitalist dogs and their right to choose whatever book they want to read. And not being taped at home so the party cannot listen to what they think ? Outrageaous
 
whatevs

whatevs

Mining for copium in the weirdest places.
Jan 15, 2022
2,913
• Young people earn 20% less than previous precious generations did—despite being better educated (https://www.cnbc.com/2019/11/05/mil...han-boomersdespite-being-better-educated.html )

• Cost of college has gone up at 8 times the rate of wages (https://www.forbes.com/sites/camilo...lmost-8-times-faster-than-wages/#6ba328a466c1 )

• There is not one single state in the United States where a full-time, just-above-minimum-wage job can support a 1 bedroom apartment.

• Student loans now make up the largest chunk of non-housing debt in America, and many "entry level" jobs now require a degree. (https://www.finder.com/student-loans-account-for-36-35-of-non-housing-debt )

• Cost of living is up 300% or more since the 1970s but wages are only up 50-70%.

• The Census reports that the average price of a new home in June 1998 was $175,900. According to inflation, that price today for a new home should be $271,931. The same report places the average sale price for June 2018 at $368,500, however, more than 35% higher than the price when accounting for inflation alone.

• A gallon of gas in 1994 cost $1.06, making it $1.64 in June 2014, when adjusted for inflation. The actual national average price, as of July 2018, is $2.88 – 75% higher than what it would be if inflation were the only cause for the increase.

• The median household income in 1998 was $38,885. The most recent year with full data available is 2017, so adjusting for inflation as of that year gives a median income of $58,487. The Bureau of Census reports that the actual median 2017 income was $59,000 – higher than the adjusted figure, but not by very much, and certainly nowhere near the percentage that prices have outpaced inflation.

• If the minimum wage had increased with CEO pay since the 1970's, it would now be at 33$ an hour.

According to the Social Security Administration (SSA)(https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2018) which tracks net income numbers after taxes through the Average Wage Index (AWI):

-33 percent of all American workers make less than $20,000 a year.

-46 percent of all American workers make less than $30,000 a year.

-58 percent of all American workers make less than $40,000 a year.

-67 percent of all American workers make less than $50,000 a year.

Approximately two-thirds of all American workers are making $4,000 or less a month.

According to Forbes (https://www.forbes.com/sites/zackfr...to-paycheck-government-shutdown/#1adadff14f10) 78% of workers live paycheck to paycheck and more than 1 in 4 workers do not set aside any savings each month.

CNBC reports (https://www.cnbc.com/2019/05/17/a-t...adults-cant-cover-a-400-dollar-emergency.html) One-third of middle-income adults don't have enough savings to cover an unexpected $400 expense without selling something or borrowing money.

So if I wager a guess I'd have to say crippling student debt, stagnant wages, and rising costs of living. That's not even discussing social media contributing to widespread alienation, or the pandemic wreaking havoc on people's social lives and well being.

...or maybe @ctb is right and it's all just astrology... definitely astrology...
Good riddance, commie scum.

1456900760876.png
 
sundown12

sundown12

drama queen
Oct 5, 2022
151
if anyone's into astrology...saturn return
 
makethepainstop

makethepainstop

Visionary
Sep 16, 2022
2,029
How about stress from discovering that life is hell.
 

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