Typical Millennial bank statement

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Atlanticmike
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Re: Typical Millennial bank statement

Post by Atlanticmike »

Gadianton wrote:
Wed Oct 13, 2021 10:12 pm
I don't have great answers for the growing inequality problem but here's a start.

stuff is cheap thanks to decades of outsourcing, and anything that can't be readily outsourced: land, education, healthcare is expensive. A pair of Jeans costs more today than when I was a kid (depending somewhat on brand). But a pair of jeans given the massive scale of production should be almost free. Well, in real terms, clothes are almost free.

In addition:

property -- everyone's heard about institutional investors buying up SFH's. 1/3 are foreign investors.
healthcare -- in addition to the real value of healthcare, I think insurance drives costs up higher when in theory, it shouldn't.
education -- beyond real value, not sure about any additional factors.

One option is to move to Mexico. I'm becoming increasingly aware of both left and right wingers moving to Mexico -- I've heard is it's way safer than the press lets on and healthcare is pretty good; great vets.

I have to partially agree with A-Mike's sentiment about college. Even when I went to school, the value was questionable in terms of future income and I paid for everything with a part-time job. Another bad: Since I went to BYU, I was brainwashed with conservative ideas.

A hammer, oversized stapler, and a razor knife with hook blades will run less than 50$ and you'll be in the black the first day. College just might be a really bad choice these days for most kids.

On the other hand, kids may be factoring in the ability to get away with not paying the government back. I can totally support kids taking that risk; assuming they understand it is a risk. Look, I recall many, many years ago, my parents grumbled about some extended family of ours using Medicare benefits. Uber conservative and TBM and the couple both lived over 100, and so that's a lot of years of benefits. Best guess is that they were easily worth over 100M$. If anyone on the rich scale at all can use Medicare to pay for their healthcare, I'm all for giving the thumbs up to kids today with diminishing prospects turning the tables a little, stiffing the government on their education bills if they can get away with it.
I'm tired of talking to young people and always hearing the same ol story about how much they can't stand their student loans. One kid worked with me for three weeks and said he was in debt $50,000 after graduating UVA. He couldn't/can't find a job in his profession so he's trying to become a police officer or firefighter. I know another kid $20,000 in debt and still has a semester left at ODU before he graduates. I'm sorry,! But that's insane.

A plumber can make $80 to $120 an hour. HVAC the same. Hell!! I know a guy who caulks windows for a living and makes $500 to $600. I know another guy who quit his job as a CPA so he could build tables out of his garage. He makes over $100,000 a year. It seems like so many people are going to college then finding a job that has nothing to do with the degree they got. There are so many jobs out there especially now that the internet has made it possible to sell anywhere in the world. All it takes is imagination and Common Sense and it really isn't that hard to succeed. The reason I love the construction industry so much is there aren't any young people interested in manual labor anymore. I mean, it's bad because I can't find anyone young that wants to work hard, but it's really good because i can price jobs fairly high right now because homeowners are desperate to fund a contractor that's trustworthy and dependable. I've probably finished 6 or 7 jobs this year that another contractor started and was fired. There just isn't a lot of dependable contractors and if you find one you'll be waiting for ever. It's only going to get worse, good for me I guess.
Atlanticmike
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Re: Typical Millennial bank statement

Post by Atlanticmike »

Lem wrote:
Wed Oct 13, 2021 10:48 pm
Doctor CamNC4Me wrote:
Wed Oct 13, 2021 8:23 pm


NO. TAKING RETARD IS A BRIDGE TOO FAR. THE LEFTISTS AREN’T GETTING THIS WORD. LINE IN THE SAND, JERSEY GIRL. LINE IN THE SAND.

:x :x :x

- Doc
Jersey Girl wrote:
Wed Oct 13, 2021 8:59 pm
Oh yeah? F you, you LYING progressive piece of crap! F YOU and the Democratic ticket you rode in on! :evil:
:lol: :lol: :lol: See what happens when we open our doors to trolls? We end up catching what they’ve got!!!!

(Or at least pretending to. I’m sensing an object lesson in the works. 8-) )
Hi Lem/calm!! [Edited, FR2 - personal attack involving family members, -cp-]
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Jersey Girl
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Re: Typical Millennial bank statement

Post by Jersey Girl »

Atlanticmike wrote:
Wed Oct 13, 2021 11:13 pm
Gadianton wrote:
Wed Oct 13, 2021 10:12 pm
I don't have great answers for the growing inequality problem but here's a start.

stuff is cheap thanks to decades of outsourcing, and anything that can't be readily outsourced: land, education, healthcare is expensive. A pair of Jeans costs more today than when I was a kid (depending somewhat on brand). But a pair of jeans given the massive scale of production should be almost free. Well, in real terms, clothes are almost free.

In addition:

property -- everyone's heard about institutional investors buying up SFH's. 1/3 are foreign investors.
healthcare -- in addition to the real value of healthcare, I think insurance drives costs up higher when in theory, it shouldn't.
education -- beyond real value, not sure about any additional factors.

One option is to move to Mexico. I'm becoming increasingly aware of both left and right wingers moving to Mexico -- I've heard is it's way safer than the press lets on and healthcare is pretty good; great vets.

I have to partially agree with A-Mike's sentiment about college. Even when I went to school, the value was questionable in terms of future income and I paid for everything with a part-time job. Another bad: Since I went to BYU, I was brainwashed with conservative ideas.

A hammer, oversized stapler, and a razor knife with hook blades will run less than 50$ and you'll be in the black the first day. College just might be a really bad choice these days for most kids.

On the other hand, kids may be factoring in the ability to get away with not paying the government back. I can totally support kids taking that risk; assuming they understand it is a risk. Look, I recall many, many years ago, my parents grumbled about some extended family of ours using Medicare benefits. Uber conservative and TBM and the couple both lived over 100, and so that's a lot of years of benefits. Best guess is that they were easily worth over 100M$. If anyone on the rich scale at all can use Medicare to pay for their healthcare, I'm all for giving the thumbs up to kids today with diminishing prospects turning the tables a little, stiffing the government on their education bills if they can get away with it.
I'm tired of talking to young people and always hearing the same ol story about how much they can't stand their student loans. One kid worked with me for three weeks and said he was in debt $50,000 after graduating UVA. He couldn't/can't find a job in his profession so he's trying to become a police officer or firefighter. I know another kid $20,000 in debt and still has a semester left at ODU before he graduates. I'm sorry,! But that's insane.

A plumber can make $80 to $120 an hour. HVAC the same. Hell!! I know a guy who caulks windows for a living and makes $500 to $600. I know another guy who quit his job as a CPA so he could build tables out of his garage. He makes over $100,000 a year. It seems like so many people are going to college then finding a job that has nothing to do with the degree they got. There are so many jobs out there especially now that the internet has made it possible to sell anywhere in the world. All it takes is imagination and Common Sense and it really isn't that hard to succeed. The reason I love the construction industry so much is there aren't any young people interested in manual labor anymore. I mean, it's bad because I can't find anyone young that wants to work hard, but it's really good because i can price jobs fairly high right now because homeowners are desperate to fund a contractor that's trustworthy and dependable. I've probably finished 6 or 7 jobs this year that another contractor started and was fired. There just isn't a lot of dependable contractors and if you find one you'll be waiting for ever. It's only going to get worse, good for me I guess.
You didn't cash flow his education? Wth.
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Jersey Girl
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Re: Typical Millennial bank statement

Post by Jersey Girl »

Lem wrote:
Wed Oct 13, 2021 10:48 pm
Doctor CamNC4Me wrote:
Wed Oct 13, 2021 8:23 pm


NO. TAKING RETARD IS A BRIDGE TOO FAR. THE LEFTISTS AREN’T GETTING THIS WORD. LINE IN THE SAND, JERSEY GIRL. LINE IN THE SAND.

:x :x :x

- Doc
Jersey Girl wrote:
Wed Oct 13, 2021 8:59 pm
Oh yeah? F you, you LYING progressive piece of crap! F YOU and the Democratic ticket you rode in on! :evil:
:lol: :lol: :lol: See what happens when we open our doors to trolls? We end up catching what they’ve got!!!!

(Or at least pretending to. I’m sensing an object lesson in the works. 8-) )
There's a pandemic in progress, you know. AM is following in the lofty footsteps of ldsfaqs.
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Moksha
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Re: Typical Millennial bank statement

Post by Moksha »

Gadianton wrote:
Wed Oct 13, 2021 10:12 pm
I have to partially agree with A-Mike's sentiment about college.
If those kids hadn't learned to read and write, they may have become ardent Trump fans!
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Physics Guy
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Re: Typical Millennial bank statement

Post by Physics Guy »

The $8000 medical bill isn't a Millennial problem. It's an American problem. All the other rich countries in the world have one form or another of socialised medicine. Nobody finds their country's system perfect but if you suggested going back to something like the American system, everyone would look at you as if you had suggested going back to burning witches and dying of plague.
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Morley
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Re: Typical Millennial bank statement

Post by Morley »

Physics Guy wrote:
Thu Oct 14, 2021 9:52 am
The $8000 medical bill isn't a Millennial problem. It's an American problem. All the other rich countries in the world have one form or another of socialised medicine. Nobody finds their country's system perfect but if you suggested going back to something like the American system, everyone would look at you as if you had suggested going back to burning witches and dying of plague.
This. A hundred times this.
.
Chap
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Re: Typical Millennial bank statement

Post by Chap »

Physics Guy wrote:
Thu Oct 14, 2021 9:52 am
The $8000 medical bill isn't a Millennial problem. It's an American problem. All the other rich countries in the world have one form or another of socialised medicine. Nobody finds their country's system perfect but if you suggested going back to something like the American system, everyone would look at you as if you had suggested going back to burning witches and dying of plague.
I am a member of what nowadays seems, alas, to be a dying or at least shrinking breed - non-US anglophones who have very positive feelings towards the US.

But for the life of me I cannot see why you put up with the way health care is run in your country. You spend much more on health care that similar advanced countries, but what you get is much worse for many people who are neither well off nor are in a job with a high-grade health care plan. I have had access to the systems of two different countries, different in detail but both doing the basic job - making sure that all citizens have access to the care they need without fear of crippling bills. Both systems could no doubt be improved in different respects, but they both looked after me very well. And, may I say, they functioned without a huge and vampire-like insurance industry that syphons off a large proportion of what is in theory payment for health care, and does its best to increase medical bills because it makes more money that way.

Is that really the way you want it to be? I know that democracies do not always deliver what their publics want or need, but this instance is so glaring that it passes my comprehension.
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Alf'Omega
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Re: Typical Millennial bank statement

Post by Alf'Omega »

Physics Guy wrote:
Thu Oct 14, 2021 9:52 am
The $8000 medical bill isn't a Millennial problem. It's an American problem.
Sure it is. Boomers didn't grow up having to worry about bankruptcy if they got sick.
Alf'Omega
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Re: Typical Millennial bank statement

Post by Alf'Omega »

I think it is funny that Boomers whine about Millennials wanting to get a college education when that mentality was pummeled into their heads by their Boomer parents. I know my Mom was like that.
Last edited by Alf'Omega on Thu Oct 14, 2021 1:57 pm, edited 1 time in total.
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