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Joined: Feb 2008
Posts: 13,607
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
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also FYI, in my state the average home costs about $194k. 30% of that is 58k. Now in the town I live closest to, the average income is quite a bit less than the national or even the state average. The average cost of a new vehicle in 2019 across the board is $53,534 according to one site. Now in 1970 the average cost of a new vehicle was $3542. So it does vary depending on region, so lets look at it as a percentage. the average INDIVIDUAL income in 1970 was $9,870 in 2019 the average HOUSEHOLD income is $63,179 (individual average is around 48k/year). compare that to the cost of vehicle above in relation to their respective years. That's what we're talking about. I'll give you the next 6 days to work through this, I'm headed Coues deer hunting in AZ, later dudes!
Beware of any old man in a profession where one usually dies young.
Calm seas don't make sailors.
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Joined: Feb 2008
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Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
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Socrates said that? All I can remember of his quotes was when he said, "Wow, that sure didn't TASTE like tomato juice!" LOL Fun little fact, since Socrates never actually wrote anything down, much of it is attributed to him because someone who learned from him wrote it later. so his quotes aren't verified as verbatim, but the message is the same so often he gets credit.
Beware of any old man in a profession where one usually dies young.
Calm seas don't make sailors.
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
If somebody feels the need to point a finger at somebody for the upheaval of the 60s,...which led to a lot of societal change that America is still feeling the fallout from,..they need to point it at LBJ.
LBJ and McNamara created the 60s revolution.
Whatever the Boomer generation became,..it did so because of LBJ.
If you want to look even deeper into it,....whoever put that bullet in Kennedy's head markedly altered the course of America for generations.
That bullet that killed Kennedy gave the Bolsheviks all the impetus they needed to influence that generation and to change American society.
LBJ set the stage for them to be successful in doing so.
If someone in power chooses to throw conscription servitude on an American generation,..they need to have a better reason for it than Vietnam.
Otherwise,..they run the risk of fuggin' up the country for thr forseeable future.
That's where we are today,.....in the midst of the forseeable future.
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Joined: May 2005
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Campfire Ranger
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Campfire Ranger
Joined: May 2005
Posts: 17,147 Likes: 2 |
The average cost of a new vehicle in 2019 across the board is $53,534 according to one site. Huh? According to Kelly Blue book average price of a new car is right at $37K Here's the breakdown by brands - https://www.prnewswire.com/news-rel...rding-to-kelley-blue-book-300860710.html
If something on the internet makes you angry the odds are you're being manipulated
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Joined: May 2002
Posts: 10,260
Campfire Outfitter
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Campfire Outfitter
Joined: May 2002
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also FYI, in my state the average home costs about $194k. 30% of that is 58k. Now in the town I live closest to, the average income is quite a bit less than the national or even the state average. The average cost of a new vehicle in 2019 across the board is $53,534 according to one site. Now in 1970 the average cost of a new vehicle was $3542. So it does vary depending on region, so lets look at it as a percentage. the average INDIVIDUAL income in 1970 was $9,870 in 2019 the average HOUSEHOLD income is $63,179 (individual average is around 48k/year). compare that to the cost of vehicle above in relation to their respective years. That's what we're talking about. I'll give you the next 6 days to work through this, I'm headed Coues deer hunting in AZ, later dudes! You said 30-50% of what your house cost (or more) . Let me help you out a little. Let's go with your numbers for new cars. That 58k had better get you a new car that will last at least 350k miles - or else you ain't doin' somethin' right. That translates to $8764 in 1970 dollars. What could you buy in 1970 that would go 350k miles? How about three of those 1970 cars (pick any model). No, that comes to $10,626 - so you're close, but 1970 looks a little more expensive there. Before you object - I'm old enough to remember when it was a rare point of bragging when a car managed to survive 100k miles without a rebuild. But no - there is no reason that anyone needs to buy a $58k car. That is a matter of choice. It's easy enough to find a car for half that price - brand new - which comes to more like 15% of your house cost. But the reality is that most of us didn't buy "the average priced new car" when we were young. Today, I can go to any used lot (that's where most of us young'ns were buying cars then) and pick up a nice car that will go at least another 100k miles (all we expected from a new car in the '70's) for 10k or less. In 1970 dollars, that's a little more than $1500. What did you get for $1500 in 1970? Not another 100k miles. And we haven't even touched on maintenance cost - such as tires. When was the last time you replaced a set of tires with 12k miles on them? When was the last time you paid to fix a flat more than once in a year? How about housing cost vs income? Average home price for 1970 was about $24k. Average single income (your figure) $9870. That comes to ~.41 of the annual income. Take your $194k home cost figure and your $48k annual wage figure. That comes to ~.25 of the annual income. You said Half of what both those people make goes towards putting a roof over their heads Half of that $63k? (Your figure) Say, after taxes, that's what - ~$48k? So $24k. If a millennial is paying $2k a month for a $200k house, he's doing something wrong. If he's paying that for rent, he's also not using good judgement, IMO. What about just income? Yeah, average income is down in real dollars. You got me there. But we still need to account for some other differences in living expenses. For instance....In the '60's and early '70's, the average home was smaller and had fewer amenities... https://www.goodhousekeeping.com/home/news/a32142/homes-today-bigger/Again....a choice. I forgot to mention the "extras" in cars. In 1970, we had no AC in most cars, or stereos, or tinted windows, electric windows, etc. Fancy wheels were rare. These are consumer choices. And oh yeah - the cars weren't as safe, so a lot of people are living longer than they would have in 1970.....and I don't mean 'cause they quit smoking. In 1970, most people didn't eat out as much. They didn't travel as much (maybe drove more but flew less). BTW - airline tickets are abut 1/6 of 1970 in real dollars. I could go on, but if you haven't got the picture by now..... The truth is, that most of the difference in income vs expense in real dollars is due to choice, and taxes. You can blame the taxes on previous generations, but if you're doing that without making better choices....well, that's just your class envy talking.
Lunatic fringe....we all know you're out there.
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Joined: Dec 2016
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Campfire Regular
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Campfire Regular
Joined: Dec 2016
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also FYI, in my state the average home costs about $194k. 30% of that is 58k. Now in the town I live closest to, the average income is quite a bit less than the national or even the state average. The average cost of a new vehicle in 2019 across the board is $53,534 according to one site. Now in 1970 the average cost of a new vehicle was $3542. So it does vary depending on region, so lets look at it as a percentage. the average INDIVIDUAL income in 1970 was $9,870 in 2019 the average HOUSEHOLD income is $63,179 (individual average is around 48k/year). compare that to the cost of vehicle above in relation to their respective years. That's what we're talking about. I'll give you the next 6 days to work through this, I'm headed Coues deer hunting in AZ, later dudes! You said 30-50% of what your house cost (or more) . Let me help you out a little. Let's go with your numbers for new cars. That 58k had better get you a new car that will last at least 350k miles - or else you ain't doin' somethin' right. That translates to $8764 in 1970 dollars. What could you buy in 1970 that would go 350k miles? How about three of those 1970 cars (pick any model). No, that comes to $10,626 - so you're close, but 1970 looks a little more expensive there. Before you object - I'm old enough to remember when it was a rare point of bragging when a car managed to survive 100k miles without a rebuild. But no - there is no reason that anyone needs to buy a $58k car. That is a matter of choice. It's easy enough to find a car for half that price - brand new - which comes to more like 15% of your house cost. But the reality is that most of us didn't buy "the average priced new car" when we were young. Today, I can go to any used lot (that's where most of us young'ns were buying cars then) and pick up a nice car that will go at least another 100k miles (all we expected from a new car in the '70's) for 10k or less. In 1970 dollars, that's a little more than $1500. What did you get for $1500 in 1970? Not another 100k miles. And we haven't even touched on maintenance cost - such as tires. When was the last time you replaced a set of tires with 12k miles on them? When was the last time you paid to fix a flat more than once in a year? How about housing cost vs income? Average home price for 1970 was about $24k. Average single income (your figure) $9870. That comes to ~.41 of the annual income. Take your $194k home cost figure and your $48k annual wage figure. That comes to ~.25 of the annual income. You said Half of what both those people make goes towards putting a roof over their heads Half of that $63k? (Your figure) Say, after taxes, that's what - ~$48k? So $24k. If a millennial is paying $2k a month for a $200k house, he's doing something wrong. If he's paying that for rent, he's also not using good judgement, IMO. What about just income? Yeah, average income is down in real dollars. You got me there. But we still need to account for some other differences in living expenses. For instance....In the '60's and early '70's, the average home was smaller and had fewer amenities... https://www.goodhousekeeping.com/home/news/a32142/homes-today-bigger/Again....a choice. I forgot to mention the "extras" in cars. In 1970, we had no AC in most cars, or stereos, or tinted windows, electric windows, etc. Fancy wheels were rare. These are consumer choices. And oh yeah - the cars weren't as safe, so a lot of people are living longer than they would have in 1970.....and I don't mean 'cause they quit smoking. In 1970, most people didn't eat out as much. They didn't travel as much (maybe drove more but flew less). BTW - airline tickets are abut 1/6 of 1970 in real dollars. I could go on, but if you haven't got the picture by now..... The truth is, that most of the difference in income vs expense in real dollars is due to choice, and taxes. You can blame the taxes on previous generations, but if you're doing that without making better choices....well, that's just your class envy talking. BOOYA !
We pray our sights be straight and our aim be true We pray for no pain to the game we pursue We thank you Lord for this land We thank you for the sights from our stands We pray for safety, one and all We pray we may return next fall
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Joined: May 2016
Posts: 60,879 Likes: 60
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,879 Likes: 60 |
Poor 1970's people.
No AC?
Heavens!
I am MAGA.
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Joined: May 2002
Posts: 10,260
Campfire Outfitter
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Campfire Outfitter
Joined: May 2002
Posts: 10,260 |
Poor 1970's people.
No AC?
Heavens! We never gave it a thought. Not that I'd wish to go back.
Lunatic fringe....we all know you're out there.
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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OP
Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
Jim Conrad has finished his day of cultivating snowcones and is back on line to mean mouth the Boomer generation.
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Joined: May 2016
Posts: 60,879 Likes: 60
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,879 Likes: 60 |
No kidding.
The good ole days.....
Last edited by Jim_Conrad; 11/06/19.
I am MAGA.
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Joined: May 2002
Posts: 10,260
Campfire Outfitter
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Campfire Outfitter
Joined: May 2002
Posts: 10,260 |
Lunatic fringe....we all know you're out there.
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Joined: Jan 2012
Posts: 45,040 Likes: 29
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2012
Posts: 45,040 Likes: 29 |
Wahhhhhhhh....
The boomers stopped giving a fugg about us.... And they dont pay enough taxes to support us anymore like when black jesus was in office.... And the big meanies say get a fugging job and support yourselves.
Lmfao!!!!
Last edited by renegade50; 11/06/19.
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
The Boomers cain't make it stop having blizzards in Montana on Labor day.
We didn't start it,...we cain't stop it.
You live 12 blocks south of the North Pole. The North Pole was already there when the Boomers were born.
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Joined: Jul 2012
Posts: 920
Campfire Regular
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Campfire Regular
Joined: Jul 2012
Posts: 920 |
Say what you will, but no one can beat the drum of how great they think they are like the boomers.
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
Say what you will, but no one can beat the drum of how great they think they are like the boomers. Have you registered for the draft yet? There's a war coming.
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Joined: May 2016
Posts: 60,879 Likes: 60
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,879 Likes: 60 |
I am MAGA.
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Joined: Jul 2012
Posts: 920
Campfire Regular
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Campfire Regular
Joined: Jul 2012
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Say what you will, but no one can beat the drum of how great they think they are like the boomers. Have you registered for the draft yet? There's a war coming. First day I was eligible. Cash your social security check this week?
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Joined: Oct 2005
Posts: 79,321 Likes: 2
Campfire Oracle
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OP
Campfire Oracle
Joined: Oct 2005
Posts: 79,321 Likes: 2 |
Say what you will, but no one can beat the drum of how great they think they are like the boomers. Have you registered for the draft yet? There's a war coming. First day I was eligible. Cash your social security check this week? It arrives on the 14th. I'm saving it up to buy a Harley and a helmet with a spike on top,.....maybe a Woodstock T-shirt.
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Joined: May 2016
Posts: 60,879 Likes: 60
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,879 Likes: 60 |
Just put another AARP sticker on your scooter and call it a day.
I am MAGA.
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Joined: Sep 2003
Posts: 23,534 Likes: 20
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,534 Likes: 20 |
One thing for sure, in the industry I am in, if the boomers had to start with the same obstacles that are in place today, none of them would have the businesses they have today. Think one generation being grandfathered into permits, individual fishing quotas, etc. I feel sorry for any millennials wanting into fishing. They can indenture themselves to a boomer or x’r and maybe dig themselves out.
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