1022
submitted 8 months ago* (last edited 8 months ago) by return2ozma@lemmy.world to c/news@lemmy.world

“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

you are viewing a single comment's thread
view the rest of the comments
[-] ashok36@lemmy.world 128 points 8 months ago

I had dinner with my mom last night. She told me she made $2.20/hr as a waitress in 1972. Not including tips.

That's the equivalent of over $16/hr now.

The boomers have no idea how lucky they were. And they fucking wasted it.

[-] cantstopthesignal@sh.itjust.works 92 points 8 months ago

They weren't lucky. They voted for people that removed all the guardrails that enabled their success.

[-] ashok36@lemmy.world 46 points 8 months ago

I agree. I still think they were lucky insofar as they were born in the right place at the right time to benefit massively over future generations.

[-] some_guy@lemmy.sdf.org 23 points 8 months ago

This is the important detail. Europe was destroyed and the USA was able to flourish. Opportunities existed that will likely never exist again. Capitalism has never been as great as it was in the USA post-WWII.

[-] jkrtn@lemmy.ml 6 points 8 months ago

America was basically the only industrialized country that hadn't been bombed to fuck. You had to be a clown to not succeed in that environment (or systemically oppressed, since opportunity in the US is always only for white people). Boomers took quality jobs making reliable products and moved those to low wage jobs making disposable products in China.

[-] lath@lemmy.world 6 points 8 months ago

Ah, but the USA post-WWIII will be even better! Or at least growth capitalism suggests it will.

[-] Fedizen@lemmy.world 1 points 8 months ago* (last edited 8 months ago)

Boomers Now: "hey if we blow up half the world again maybe it will help the economy, also I'm way too old to be drafted"

[-] Blue_Morpho@lemmy.world 29 points 8 months ago

They had too. They couldn't get rich if they had to pay workers what they were paid when they were starting out.

[-] bartolomeo@suppo.fi 6 points 8 months ago

Not mutually exclusive.

[-] tacosplease@lemmy.world 49 points 8 months ago

Waiters today make $2.13 an hour in my state.

[-] Dra@lemmy.zip 20 points 8 months ago* (last edited 8 months ago)

Few people in that period had the information you have now. People were presented with this economic miracle in the 50s and there was little to no components other than conformity.

[-] stoly@lemmy.world 9 points 8 months ago* (last edited 8 months ago)

As more time has passed and I continually re-assess my Boomer parents, I am struck more and more that they truly were a propagandized generation who was never given the tools to properly think through what they were seeing. It was always just "here, more, buy this, this technology is new and amazing". Everything was new year after year until the late 80s/early 90s, when technology evened out. Even then people had cell phones and such. Once met with the Internet, especially through Facebook, we could see all of their problems flourish.

Not to say that any generation is better than any other or not, but I do believe that each generation after Boomers is actually much better than the previous one at critical thinking--probably because society had no choice but to and the fact that more people have at least a bachelors degree now.

[-] jkrtn@lemmy.ml 2 points 8 months ago

Bachelor's degrees and unleaded fuel make a hell of a difference.

this post was submitted on 17 Mar 2024
1022 points (96.6% liked)

News

23367 readers
1812 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS