Plenty of poor older folks. Way to miss the mark. The battle is against class
Over 65? Congratulations, You Own the Economy
21–30 of 35 posts
Re: Over 65? Congratulations, You Own the Economy
#22Hmm, Musk, Bezos, Huang, and Zuckerberg are all younger than 65...[1] 1: https://www.newsweek.com/americas-12-richest-men-worth-combi...
Total household wealth in the US is about ~170 trillion dollars. Those 12 own about 1% of all US wealth. Not shabby for a dozen people but the main issue of American society isn't the handful of people who hit the news but mostly the top 19% below them. Richard Reeves wrote a good book on the topic: https://en.wikipedia.org/wiki/Dream_Hoarders It's the upper middle class that fills educational institutions, prevents…
All US billionaires make up like 8 trillion
Re: Over 65? Congratulations, You Own the Economy
#23Earlier quoted context omitted.
As a person in that cohort, I suspect it was the booming economy that led us to think that growth would go on forever, so we could vote ourselves infinite riches on the back of our children and grandchildren, secure in the knowledge that infinite growth would bail them out. We are the worst generation.
>As a person in that cohort, Me too. >We are the worst generation. Nah. >Pulled the ladder up on those after them. It was only the ones that voted themselves infinite wealth and got it, and they pulled it up on most everybody in their same age group too way back then. IOW only a handful of boomers by comparison to all the rest. When you do the math the vast majority of people over 65 have assets that are dwarfed by a…
>>Pulled the ladder up on those after them.
> It was only the ones that voted themselves infinite wealth and got it,
It was also the ones who spent generations pressuring their govs for ever restrictive zoning laws, wanting to freeze their neighborhood in time by tanking new builds. This is very much pulling up the ladder behind them.
Re: Over 65? Congratulations, You Own the Economy
#24Earlier quoted context omitted.
>As a person in that cohort, Me too. >We are the worst generation. Nah. >Pulled the ladder up on those after them. It was only the ones that voted themselves infinite wealth and got it, and they pulled it up on most everybody in their same age group too way back then. IOW only a handful of boomers by comparison to all the rest. When you do the math the vast majority of people over 65 have assets that are dwarfed by a…
>>Pulled the ladder up on those after them. > It was only the ones that voted themselves infinite wealth and got it, It was also the ones who spent generations pressuring their govs for ever restrictive zoning laws, wanting to freeze their neighborhood in time by tanking new builds. This is very much pulling up the ladder behind them.
Is that what hapened in California?
The whole state?
How bad has it been everywhere else?
I've never seen that in action but it seems as corrupt and unfair as lots of other things that contributed to the snowballing lack of future opportunity in different ways. Very much pulling up the ladder like you have seen first hand, however the well-connected ones could pull it off they were getting it while the getting was good. With very limited oportunities to get on the gravy train as always, the remaining younger boomers never had a chance :(
In places like Texas and Florida it seems like development never stops for anything.
Re: Over 65? Congratulations, You Own the Economy
#25Earlier quoted context omitted.
What a coincidence ;) I'm looking forward to even more exposure to today's somewhat leaded aviation gas as I contribute to the transition being made to alternative fuels. I'll use that as an excuse any time I need to behave more erratically ;) >sustainable growth could have continued for a few hundred years (and possibly have lead to a better system) Yes, I did the math when I was a teenager. But both of these impend…
im not entirely sure that i parsed your smileys/double negations/insinuations as intended ... the irrational aspect was agreeing with psychopaths , those psychopaths will always exist and will not be kept in check by anything except for community enforced morality. the west honed a beautiful set of morals for thousands of years , then proceeded to throw those morals in the bin because tv said so. id feel bad for the…
Toxic materials can make you real wacky, but that has nothing to do with anything psychopathic.
Unless somebody puts some effort into combining the two, which does happen.
Psychopaths would have done damage whether they were affected by chemicals or not.
Now you do bring up a major conundrum which many people may not want to face at all, and would not know what to think no matter if it was true or false.
You make a legitimate observation whether that is coming from outside the USA or from freedom-loving Americans.
Re: Over 65? Congratulations, You Own the Economy
#26Earlier quoted context omitted.
im not entirely sure that i parsed your smileys/double negations/insinuations as intended ... the irrational aspect was agreeing with psychopaths , those psychopaths will always exist and will not be kept in check by anything except for community enforced morality. the west honed a beautiful set of morals for thousands of years , then proceeded to throw those morals in the bin because tv said so. id feel bad for the…
Toxic materials can make you real wacky, but that has nothing to do with anything psychopathic. Unless somebody puts some effort into combining the two, which does happen. Psychopaths would have done damage whether they were affected by chemicals or not. Now you do bring up a major conundrum which many people may not want to face at all, and would not know what to think no matter if it was true or false. You make a l…
our viewpoints make a good discussion but our communication protocols arent properly matching up. i was trying to make the point that you just did - being fried in the head would increase the likelihood of silly decisions in all types of humans. one such example of a silly decision was collectively deleting rules designed to keep psychopaths in check, at the behest of psychopaths. thanks for chatting man, all the best
Re: Over 65? Congratulations, You Own the Economy
#27Earlier quoted context omitted.
im not entirely sure that i parsed your smileys/double negations/insinuations as intended ... the irrational aspect was agreeing with psychopaths , those psychopaths will always exist and will not be kept in check by anything except for community enforced morality. the west honed a beautiful set of morals for thousands of years , then proceeded to throw those morals in the bin because tv said so. id feel bad for the…
Toxic materials can make you real wacky, but that has nothing to do with anything psychopathic. Unless somebody puts some effort into combining the two, which does happen. Psychopaths would have done damage whether they were affected by chemicals or not. Now you do bring up a major conundrum which many people may not want to face at all, and would not know what to think no matter if it was true or false. You make a l…
You completely missed GP’s point. It is very difficult to talk to many people of your generation. Flat art and flat people. Tetraethyllead may be a culprit.
Re: Over 65? Congratulations, You Own the Economy
#28Earlier quoted context omitted.
Toxic materials can make you real wacky, but that has nothing to do with anything psychopathic. Unless somebody puts some effort into combining the two, which does happen. Psychopaths would have done damage whether they were affected by chemicals or not. Now you do bring up a major conundrum which many people may not want to face at all, and would not know what to think no matter if it was true or false. You make a l…
our viewpoints make a good discussion but our communication protocols arent properly matching up. i was trying to make the point that you just did - being fried in the head would increase the likelihood of silly decisions in all types of humans. one such example of a silly decision was collectively deleting rules designed to keep psychopaths in check, at the behest of psychopaths. thanks for chatting man, all the bes…
Now it's very clear.
I new you were very sensible the whole time :)
peyton is right, and it's worth it to put in the effort to improve communication
Re: Over 65? Congratulations, You Own the Economy
#29Earlier quoted context omitted.
Total household wealth in the US is about ~170 trillion dollars. Those 12 own about 1% of all US wealth. Not shabby for a dozen people but the main issue of American society isn't the handful of people who hit the news but mostly the top 19% below them. Richard Reeves wrote a good book on the topic: https://en.wikipedia.org/wiki/Dream_Hoarders It's the upper middle class that fills educational institutions, prevents…
Upper middle absolutely causes a lot of problems; surprised more people aren't focused on them
It’s easier for the top 10% to blame the top 0.1% and absolve themselves, in spite of the knowledge that this changes nothing. Americans especially are averse to the idea that the middle class owes anything to anyone.
Re: Over 65? Congratulations, You Own the Economy
#30Plenty of poor older folks. Way to miss the mark. The battle is against class
Exactly. "No war but class war" applies also to generational war.
I love the way Some More News tackled the subject : https://youtu.be/Pit-WT0pU34