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Mar 4, 2021
12:16
:07
pm
Division Bell
All-American
Try Jimmy Carter interest rates (22%), unemployment (10%+), Affirmative Action
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Division Bell
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BluePete
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Division Bell
Joined
Jul 20, 2002
Last login
May 18, 2024
Total posts
96,527 (18,565 FO)
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Messages
Author
Time
Interesting indicator stat. Millennials now have 5% of wealth, at same stage
Pepe
3/4/21 11:24am
Millenials have been through a Great Recession and now a worldwide Pandemic.
CougarTailDevourer
3/4/21 11:25am
They’ve also taken an extra decade to decide to become adults. I would know
gww687
3/4/21 11:26am
I don't think you know and I think you buy into the boomer memes and stereotypes
letthewookieewin
3/4/21 11:32am
ok, millenial
supertux
3/4/21 11:48am
Boomers were raised by depression era parents and taught to save
Mister P
3/4/21 11:27am
They were also taught to delay the gratification. It was better to do without
Division Bell
3/4/21 11:31am
Millennials are better savers than Boomers and Gen X were at the same age
4th and Niner
3/4/21 11:36am
RE: Millennials are better savers than Boomers and Gen X were at the same age
joelvandyne
3/4/21 11:41am
Okay, but what's up with that hat?
supertux
3/4/21 11:51am
The hat fully deserves mocking and is a blight on my generation.
4th and Niner
3/4/21 11:52am
Yea look at the saving boomers did for the federal government.
Jeremy
3/4/21 11:41am
Then that makes the fact that boomer savings rate dropped from their parents
Jeremy
3/4/21 11:44am
Boomers suck at savings. They're the original debt generation.
4th and Niner
3/4/21 11:45am
Says the "I want it now!" generation.
Division Bell
3/4/21 11:48am
Look, you can use facts or stereotypes. Let's stick with facts.
4th and Niner
3/4/21 11:51am
Ha, so not even stereotypes anymore. Just eye rolls.
4th and Niner
3/4/21 11:54am
Hit pigeons flutter.
Division Bell
3/4/21 11:55am
How about I use my own experience?
Division Bell
3/4/21 11:55am
Your experience doesn't mean anything. You're one data point of millions.
4th and Niner
3/4/21 11:56am
How about I use my Gen X intervention? Can't we all just get along?
sheza65
3/4/21 5:07pm
In terms of government debt and triggering a Great Recession
D.T. Survivor
3/4/21 12:38pm
And skinny jeans
Kelbob
3/4/21 11:54am
Try Jimmy Carter interest rates (22%), unemployment (10%+), Affirmative Action
Division Bell
3/4/21 12:16pm
Do you know what % of population boomers represented at the time?
byuwahoo
3/4/21 11:25am
How much is due to life expectancy extending. Boomers wealth will begin to trickle to x-ers and millennials soon...
Tokolosh
3/4/21 11:26am
And, since boomers are the wealthiest people ever, the share of wealth may not
Plato
3/4/21 11:30am
Yep, there are plenty of things in X, millennial, and Z generation contributing to this but timelines could explain...
Tokolosh
3/4/21 11:34am
<< Deleted >>
Smack'sWife
3/4/21 11:38am
Boomers didn't have Starbucks
EternalOptimism
3/4/21 11:28am
They could also pay college tuition by working a minimum wage job, so
joelvandyne
3/4/21 12:34pm
Student loans?
ochobeeguy
3/4/21 11:28am
This. And other debt like car loans, etc
fulano
3/4/21 11:29am
Cell phones, internet, we tend to eat out more than our parents, we travel more
wabluecoug
3/4/21 11:33am
All of those things are relatively cheaper than decades ago.
DMVCougar
3/4/21 5:55pm
I thought Millennials only use Uber.
ochobeeguy
3/4/21 11:35am
question, is the 5% of wealth they currently have, worth more than the 20%
Cougarclaw
3/4/21 11:33am
A big part of that is the inaffordability in the housing market. Take a look at
conetah
3/4/21 11:36am
Per capita? Or total? Were there a lot more Boomers than Millennials?
gwalker
3/4/21 11:38am
What does % of wealth even mean?
cougarblue
3/4/21 11:41am
Millennials rock!🙂
bigbossbyu
3/4/21 12:34pm
NPR? We’re now using NPR for data? Doesn’t meet smell test for me.
Bluforever
3/4/21 1:44pm
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