Home Forums Hunting & Shooting Hunter's Campfire The Myth of Boomer Privilege

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!

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.

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.

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

You said . 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 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 !

Poor 1970's people.

No AC?

Heavens!

We never gave it a thought. Not that I'd wish to go back.

Jim Conrad has finished his day of cultivating snowcones and is back on line to mean mouth the Boomer generation.

No kidding.

The good ole days.....

The good...


https://upload.wikimedia.org/wikipedia/en/b/b7/Raquel_Welch_in_deer-skin_bikini.jpg

The not so good....

https://upload.wikimedia.org/wikipe...Abzug.jpg/445px-Bella_Savitsky_Abzug.jpg

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!!!!

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.

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.

Raquel Welch is great!

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.

Just put another AARP sticker on your scooter and call it a day.

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.