▲ 280 ▼ Gen Z may think they have it rough but millennials are the most burned-out generation (fortune.com) submitted 1 year ago by return2ozma@lemmy.world to c/news@lemmy.world 84 comments fedilink hide all child comments
[–] doug@lemmy.today 187 points 1 year ago (5 children) Ok, but let’s not be divisive among generations over a common enemy. No war but class war. permalink fedilink source hideshow 10 child comments replies: [–] quetzaldilla@lemmy.world 36 points 1 year ago (1 child) I hold nothing but compassion and solidarity for those who follow. I want things to be easier for them, not as hard or harder than they were for us. Story: Just had a really painful conversation with my Boomer in-laws. They refuse to see acknowledge how bad things are for us and blame us for our failure to thrive like they got to, after receiving a six-figure cash injection back in the 80s from their parents, which is all gone now with their frivolous spending. permalink fedilink source parent hideshow 2 child comments replies: [–] brendansimms@lemmy.world 26 points 1 year ago (1 child) In the US, 1950-1980 is the era of lowest wealth inequality in the countries history. The top tax rate reached 91% in that time period. It is currently around 37%. Us poors had it worse before then, and have it worse after then. They won a birth lottery. Source: Thomas Piketty's 'Capital in the 21st Century' permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -21 points 1 year ago* (last edited 1 year ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] gadfly1999@lemm.ee 18 points 1 year ago (1 child) And now that it’s lower the billionaires are happy to pay their fair share and society is better off for it. /s permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent [–] brendansimms@lemmy.world 11 points 1 year ago (1 child) Do you have a source for that? I found this source that is citing data from the congressional budget office. SOURCE (I followed the link and did confirm the numbers match). I made a quick plot so it was easier to see trends. Nothing stands out to me about 1983 - there's a small dip and then a course correction back towards the upwards trajectory, but this data tells us nothin about wealth inequality. We can't use total values because of inflation and such , probably have to use revenue as a %GDP or something but I'm too lazy too keep searching at the moment :) My immediate thought looking at the plot is this: If the total tax rev kept going up, and the top tax rate was cut, then the increased tax burden must have shifted to the poorer classes; I'd have to verify but it seems like a logical conclusion. permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent [–] lobut@lemmy.ca 30 points 1 year ago Yup! I'm a millenial here and I'm not here to compete for the oppression Olympics. The rich just gave themselves another tax break. I'm not here to fight my fellow people. I want to eat the rich! permalink fedilink source parent [+] RowRowRowYourBot@sh.itjust.works 9 points 1 year ago* (last edited 1 year ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] EndlessNightmare@reddthat.com 11 points 1 year ago It's because discrete generations aren't a real thing. You summed it up best: same age give or take a few years. I'm an elder millennial and have more in common with the youngest gen X than with the youngest millennials. permalink fedilink source parent [–] k0e3@lemmy.ca 2 points 1 year ago Exactly. As a millenial, my goal is to be compassionate for the next generation — not to pull the "when I was your age" card on Gen Z and Alpha. permalink fedilink source parent [–] socsa@piefed.social -3 points 1 year ago* (1 child) I mean if gen Z men are a big fascist majority, when does it start being a class war? permalink fedilink source parent hideshow 2 child comments replies: [–] doug@lemmy.today 7 points 1 year ago Doesn't matter, no war but class war. The primary adjective/insult to focus on is them being a fascist; the moment you pull any other, non-related adjective into the insult, they give themselves permission to ignore you. Fuck fascist assholes, fuck the upper class, no matter the demographic. permalink fedilink source parent
[–] quetzaldilla@lemmy.world 36 points 1 year ago (1 child) I hold nothing but compassion and solidarity for those who follow. I want things to be easier for them, not as hard or harder than they were for us. Story: Just had a really painful conversation with my Boomer in-laws. They refuse to see acknowledge how bad things are for us and blame us for our failure to thrive like they got to, after receiving a six-figure cash injection back in the 80s from their parents, which is all gone now with their frivolous spending. permalink fedilink source parent hideshow 2 child comments replies: [–] brendansimms@lemmy.world 26 points 1 year ago (1 child) In the US, 1950-1980 is the era of lowest wealth inequality in the countries history. The top tax rate reached 91% in that time period. It is currently around 37%. Us poors had it worse before then, and have it worse after then. They won a birth lottery. Source: Thomas Piketty's 'Capital in the 21st Century' permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -21 points 1 year ago* (last edited 1 year ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] gadfly1999@lemm.ee 18 points 1 year ago (1 child) And now that it’s lower the billionaires are happy to pay their fair share and society is better off for it. /s permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent [–] brendansimms@lemmy.world 11 points 1 year ago (1 child) Do you have a source for that? I found this source that is citing data from the congressional budget office. SOURCE (I followed the link and did confirm the numbers match). I made a quick plot so it was easier to see trends. Nothing stands out to me about 1983 - there's a small dip and then a course correction back towards the upwards trajectory, but this data tells us nothin about wealth inequality. We can't use total values because of inflation and such , probably have to use revenue as a %GDP or something but I'm too lazy too keep searching at the moment :) My immediate thought looking at the plot is this: If the total tax rev kept going up, and the top tax rate was cut, then the increased tax burden must have shifted to the poorer classes; I'd have to verify but it seems like a logical conclusion. permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[–] brendansimms@lemmy.world 26 points 1 year ago (1 child) In the US, 1950-1980 is the era of lowest wealth inequality in the countries history. The top tax rate reached 91% in that time period. It is currently around 37%. Us poors had it worse before then, and have it worse after then. They won a birth lottery. Source: Thomas Piketty's 'Capital in the 21st Century' permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -21 points 1 year ago* (last edited 1 year ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] gadfly1999@lemm.ee 18 points 1 year ago (1 child) And now that it’s lower the billionaires are happy to pay their fair share and society is better off for it. /s permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent [–] brendansimms@lemmy.world 11 points 1 year ago (1 child) Do you have a source for that? I found this source that is citing data from the congressional budget office. SOURCE (I followed the link and did confirm the numbers match). I made a quick plot so it was easier to see trends. Nothing stands out to me about 1983 - there's a small dip and then a course correction back towards the upwards trajectory, but this data tells us nothin about wealth inequality. We can't use total values because of inflation and such , probably have to use revenue as a %GDP or something but I'm too lazy too keep searching at the moment :) My immediate thought looking at the plot is this: If the total tax rev kept going up, and the top tax rate was cut, then the increased tax burden must have shifted to the poorer classes; I'd have to verify but it seems like a logical conclusion. permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[+] RowRowRowYourBot@sh.itjust.works -21 points 1 year ago* (last edited 1 year ago) (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] gadfly1999@lemm.ee 18 points 1 year ago (1 child) And now that it’s lower the billionaires are happy to pay their fair share and society is better off for it. /s permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent [–] brendansimms@lemmy.world 11 points 1 year ago (1 child) Do you have a source for that? I found this source that is citing data from the congressional budget office. SOURCE (I followed the link and did confirm the numbers match). I made a quick plot so it was easier to see trends. Nothing stands out to me about 1983 - there's a small dip and then a course correction back towards the upwards trajectory, but this data tells us nothin about wealth inequality. We can't use total values because of inflation and such , probably have to use revenue as a %GDP or something but I'm too lazy too keep searching at the moment :) My immediate thought looking at the plot is this: If the total tax rev kept going up, and the top tax rate was cut, then the increased tax burden must have shifted to the poorer classes; I'd have to verify but it seems like a logical conclusion. permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[–] gadfly1999@lemm.ee 18 points 1 year ago (1 child) And now that it’s lower the billionaires are happy to pay their fair share and society is better off for it. /s permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[–] brendansimms@lemmy.world 11 points 1 year ago (1 child) Do you have a source for that? I found this source that is citing data from the congressional budget office. SOURCE (I followed the link and did confirm the numbers match). I made a quick plot so it was easier to see trends. Nothing stands out to me about 1983 - there's a small dip and then a course correction back towards the upwards trajectory, but this data tells us nothin about wealth inequality. We can't use total values because of inflation and such , probably have to use revenue as a %GDP or something but I'm too lazy too keep searching at the moment :) My immediate thought looking at the plot is this: If the total tax rev kept going up, and the top tax rate was cut, then the increased tax burden must have shifted to the poorer classes; I'd have to verify but it seems like a logical conclusion. permalink fedilink source parent hideshow 2 child comments replies: [+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[+] RowRowRowYourBot@sh.itjust.works -8 points 1 year ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[–] lobut@lemmy.ca 30 points 1 year ago Yup! I'm a millenial here and I'm not here to compete for the oppression Olympics. The rich just gave themselves another tax break. I'm not here to fight my fellow people. I want to eat the rich! permalink fedilink source parent
[+] RowRowRowYourBot@sh.itjust.works 9 points 1 year ago* (last edited 1 year ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] EndlessNightmare@reddthat.com 11 points 1 year ago It's because discrete generations aren't a real thing. You summed it up best: same age give or take a few years. I'm an elder millennial and have more in common with the youngest gen X than with the youngest millennials. permalink fedilink source parent
[–] EndlessNightmare@reddthat.com 11 points 1 year ago It's because discrete generations aren't a real thing. You summed it up best: same age give or take a few years. I'm an elder millennial and have more in common with the youngest gen X than with the youngest millennials. permalink fedilink source parent
[–] k0e3@lemmy.ca 2 points 1 year ago Exactly. As a millenial, my goal is to be compassionate for the next generation — not to pull the "when I was your age" card on Gen Z and Alpha. permalink fedilink source parent
[–] socsa@piefed.social -3 points 1 year ago* (1 child) I mean if gen Z men are a big fascist majority, when does it start being a class war? permalink fedilink source parent hideshow 2 child comments replies: [–] doug@lemmy.today 7 points 1 year ago Doesn't matter, no war but class war. The primary adjective/insult to focus on is them being a fascist; the moment you pull any other, non-related adjective into the insult, they give themselves permission to ignore you. Fuck fascist assholes, fuck the upper class, no matter the demographic. permalink fedilink source parent
[–] doug@lemmy.today 7 points 1 year ago Doesn't matter, no war but class war. The primary adjective/insult to focus on is them being a fascist; the moment you pull any other, non-related adjective into the insult, they give themselves permission to ignore you. Fuck fascist assholes, fuck the upper class, no matter the demographic. permalink fedilink source parent