Chop, chop, chop goes the guillotine.
this post was submitted on 12 Apr 2024
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I have heard that the younger generations just want to bang on the drum all day.
Good. I hope you have to decide between caviar and avocado toast because you don’t have the money for both because of this you silver spoon in the ear goon.
Hot take incoming...
Another daily "Eat the Rich" post.
There's too much emotion on this topic to be able to have a serious and honest conversation about it (either/both ways).
Like with everything else that has to do with human beings, the truth lies somewhere in the middle.
And yeah, I know, "Centrist, kill him!!!1!!". But seriously, neither extreme has it 100% right.
Fix the supply of available new homes to purchase so that the costs come down, and stop just sitting on the couch bitching and moaning and go earn the money to buy the houses at the cheaper prices (and while you're off the couch, contact your elected reps and tell them to fix the housing shortage).
Funny how hot takes are often the nuanced, grounded in reality takes. I guess that's what makes them spicy... people like things that confirm their beliefs and insecurities, and the truth is one of the most disturbing things for a lot of people to hear.
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It's the earning enough money part that's difficult. We're not getting paid commensurate to our value because what used to be skimmed off the top of the value we produce is now being gouged out in big, ragged chunks.
--Privileged bitching alert--
I have three science degrees, ending in MSc, and my wife has two business degrees ending in BBA. They're all functional, i.e., no one fucked up and went for a different field. We have over $100k in student debt between us. We're highly educated professionals in senior positions in our respective fields. We also live in a high cost of living area.
When my parents were our ages, neither had a degree and, accordingly, no student debt. My father neither graduated from high school nor had a GED. He actually worked in the same field as me, in a position several levels junior to where I'm at now. My mother worked in a field shockingly similar to my wife's, also junior to where my wife is now. They lived in an extremely low cost of living area. Adjusted for inflation, they made approximately $35k more a year than we do now and had vastly lower living expenses.
We can't keep up when wages are depressed and costs are inflated. If my wife and I had the same conditions as our parents, we'd be absolutely killing it financially. Instead, despite being financially responsible, we're currently debating retiring on time or having a kid. We can't have both. Yay.
The kicker is there's absolutely no good reason we shouldn't have economic conditions at least similar to my parent's generation at this stage in our lives. We just make less money, despite actually creating more value per hour, because business owners, shareholders, and the c suite are making more than ever and it's collectively bleeding us dry.
P.s. this comment helped me realize my wife and I have professionally turned into my parents. Gross!
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Neither does he...
There are some people this world would be better off without.