The problem is that most of the people who say things like "pull up by bootstraps" are the ones who made such a choice impossible.
Like, you should absolutely not sit around crying and get to work to improve your lot in life. But at the same time, we can't just show up with a firm handshake and get a job that'll pay for a house, stay at home wife, and 3 kids and a yearly vacation like our grandfathers could.
So handwaving it off as "just not wanting to work" is ignoring just how bad the situation has gotten for most younger people and no amount of "hard work" can fix the economy and its various failing sectors. And not in a "not everyone will be rich" sense, but in a basic, decent living just isn't possible for huge swaths of people through no fault of their own.
From owning a home to even raising their own children proper, the cost has gotten so high that you cannot work enough hours to get the quality of life that used to just be a given for guys who'd work only a 9-5.
Even worse, the people who tell you to pull up by your bootstraps are usually the exact same demographic of people that made the situation so bad in the first place.
we can't just show up with a firm handshake and get a job that'll pay for a house, stay at home wife, and 3 kids and a yearly vacation like our grandfathers could.
I think this is the worst part. Why "pull up by bootstraps" when the best you can hope is paying rent in a crappy apartment and a shallow life.
I wish this would open people up to the idea that massive govt spending just weakens the dollar even more. But you are right and you pretty much need a side gig or more today. Not sure what the solution is without something drastic that will hurt in the short term but be better in the long term.
Most of the people saying it also see no problem importing a limitless horde of workers from the Global South and think Miguel who crossed the border last week and mows their lawn every week is a "better American" than you.
The people saying it are usually the ones who made sure it doesn't fucking work anymore. They sold out a country and world where that worked for more hedonistic retirements.
the people who tell you to pull up by your bootstraps are usually the exact same demographic of people that made the situation so bad in the first place.
I'm skeptical of this statement. Does the Federal Reserve really have that many employees?
Most people just don't appreciate how quickly losing 1-2% of the nation's wealth every year adds up to nobody being able to afford anything.
That's still not what's creating the situation of not being able to own a home.
To me, that is simply way more people and the same amount of space in places where people want to live. The perceived changes in where people want to live are cosmetic compared to the increase in population. hence, why California grows despite people fleeing it.
Essentially, immigration, because our population isn't growing itself exponentially.
I was hoping that a decentralization from downtowns would alleviate some of our problems (traffic). However, it's more like the airline business going from hub and spoke to point-to-point flights. People don't go downtown, but they sure do love commuting from one side of town to another suburb.
The problem is that most of the people who say things like "pull up by bootstraps" are the ones who made such a choice impossible.
Like, you should absolutely not sit around crying and get to work to improve your lot in life. But at the same time, we can't just show up with a firm handshake and get a job that'll pay for a house, stay at home wife, and 3 kids and a yearly vacation like our grandfathers could.
So handwaving it off as "just not wanting to work" is ignoring just how bad the situation has gotten for most younger people and no amount of "hard work" can fix the economy and its various failing sectors. And not in a "not everyone will be rich" sense, but in a basic, decent living just isn't possible for huge swaths of people through no fault of their own.
From owning a home to even raising their own children proper, the cost has gotten so high that you cannot work enough hours to get the quality of life that used to just be a given for guys who'd work only a 9-5.
Even worse, the people who tell you to pull up by your bootstraps are usually the exact same demographic of people that made the situation so bad in the first place.
I think this is the worst part. Why "pull up by bootstraps" when the best you can hope is paying rent in a crappy apartment and a shallow life.
I wish this would open people up to the idea that massive govt spending just weakens the dollar even more. But you are right and you pretty much need a side gig or more today. Not sure what the solution is without something drastic that will hurt in the short term but be better in the long term.
Unfortunately, something drastic might be the only thing that could pull us from this downward spiral course.
Most of the people saying it also see no problem importing a limitless horde of workers from the Global South and think Miguel who crossed the border last week and mows their lawn every week is a "better American" than you.
Yeah therein really lies the problem.
The people saying it are usually the ones who made sure it doesn't fucking work anymore. They sold out a country and world where that worked for more hedonistic retirements.
I'm skeptical of this statement. Does the Federal Reserve really have that many employees?
Most people just don't appreciate how quickly losing 1-2% of the nation's wealth every year adds up to nobody being able to afford anything.
He is referring to all the old people sucking welfare dollars down at their children's expense.
That's still not what's creating the situation of not being able to own a home.
Welfare doesn't cause year-over-year compounded losses.
Yes over bloated welfare debt spending creates a debt burden for younger generations that compounds. Its a basic concept.
To me, that is simply way more people and the same amount of space in places where people want to live. The perceived changes in where people want to live are cosmetic compared to the increase in population. hence, why California grows despite people fleeing it.
Essentially, immigration, because our population isn't growing itself exponentially.
I was hoping that a decentralization from downtowns would alleviate some of our problems (traffic). However, it's more like the airline business going from hub and spoke to point-to-point flights. People don't go downtown, but they sure do love commuting from one side of town to another suburb.