A murdoch tabloid says as much. its for boomer/older gen x consumption.
Boomer Trumper father is about to find out how he fucked himself by backing a felon after he lost his directorship job at 70 years old. No one is going to hire him now. And he is not ready for retirement. By miles.
he is not ready for retirement.
At 70? What type of financial mismanagement is that?
5 kids. Where two of them still need help into their 30’s and 40’s. He has never been good at finances. He has maybe enough for a decade. But not much after that.
Wealth extraction has hit nearly every group of people, including the elderly who we used to not rob.
That problem didn’t start by voting Trump, he should have been on track to retirement before his first term. You can blame the orange overlord for many things, but not for shit planning.
I mean things like health insurance that is now exponentially more expensive since they didn’t fund the ACA. Since he will no longer have private insurance. He will be paying 4x more than he would have a year ago.
Hola
The only growing emotionally that needs to happen is for the American people to grow some class consciousness.
Have you thought about buying a house instead of an avocado???
Hey, they aren’t so tone deaf as to think avocado toast is all that stands between this generation and home ownership.
It’s actually starbucks coffee: https://fortune.com/2025/10/22/corcoran-group-ceo-says-just-as-tough-to-get-on-the-property-ladder-today-as-it-was-30-years-ago-stop-buying-starbucks-coffee-gen-z-millennials-real-esate-advice/
And if they stopped, some shitty writer will write an article whining about gen evil killing the hot served coffee industry.
That is based and factual. Everyone needs to boycott Starbucks.
Pretty funny that the article and the reply both implicitly assume adulthood is owning things or doing certain activities. Adulthood is being able to navigate life through adversity. Every young person I know treading water with unstable income and no support is way more ‘grown up’ than boomers complaining about having to cut back on retirement cruises.
These bastards, man.
Don’t worry. All the WSJ writers have been let go long ago. This article was written by an AI
Whoa, I feel like I jumped back in time 10 years when these corporate meat-riders were blaming us for their beer businesses failing while simultaneously telling us the reason we’re struggling is that we’re being irresponsible with our money. The “arrested development” is the USA’s disillusionment with capitalism.
Everyone’s a future billionaire here, seemingly. “Fuck you get money”, should be the official motto.
I think lack of accountability is a common trait among americans in general though. Everything is someone else’s fault. The individual is sacrosanct. They can do no wrong.
I think they feel the AI and Planitr (I don’t care if I’ve got the spelling wrong) with ICE will keep people in line
The milestones have become outcroppings on a sheer rock face. Gripping like hell to one while searching for the next one. Stretching, grasping, searching, missing.
No rope.
Oh I’m gonna involve a rope
no man. that shit is easier. I love climbing too. I can’t do it as much any more though. have to work…
lol. buying a house? having kids? I can barely afford to EAT, let alone bring another person into the world.
Many couples are putting off marriage because they both have student loans, and they don’t want to make their credit even worse.
Worse, one might have loans, but not the other. Would you want to marry someone knowing you have to take on $100K in debt?
And yet both legacy and new media unironically tells you to pull yourself up by your own bootstraps
like the rich dude who said he could make $1M in one year, starting from homelessness. He cheated, and he still only made $60K
It’s because we’re all accepting this unfair system even though the social contract has been broken. The first step is to stop accepting this system.
Most of us are preoccupied with survival.
The answer is so easy:: make doing things affordable, and people will do things… anything, it doesn’t matter. Do you want people to have kids? Make having kids affordable. This is unregulated capitalists’ fault. Plain and simple.
Bingo. I think capitalism’s just dandy, but no economic system is going to work for the people if the governmental system refuses guardrails. At this point America isn’t merely declining to put rails in, we’re removing the few we had.
For the capitalism haters, capitalism is not what your are experiencing. You are experiencing oligarchy.
It is capitalism we’re experiencing, but it’s treating capitalism as the only tool in the toolbox and structuring an entire culture around it.
Markets work great for some things. Not everything. Currency works great for some things. Not everything.
Anonymous transferrable shares of ownership, and all of the abstract financial instruments that spin out of that one simple mechanism… are honestly not very good for many things at all, but they’ve become the primary assets that our economy optimizes for.
Well, yeah, we don’t want things like healthcare and military defense in the private sector.
Everything in your last paragraph is solved with guardrails. We’re now barreling towards October 1929.
Oligarchies are the inevitable result of unregulated capitalism, though. In fact, without any government guardrails this would have happened like a century ago.
It did.
Been saying that was well. Radical wealth inequality, no economic guardrails, fascism on the rise, stock market ready to blow in spectacular fashion, wars boiling up all over the globe, shifting alliances, tariffs FFS.
Those aren’t facile comparisons. Same exact shit is coming around because the people who lived it are now dead.
Did no one else have a solid history teacher?! Here’s my generation learning history.
So you agree? I mean, you’re repeating exactly what I stated. Unless I’m missing something? Which is likely because I’m not that smart.
Well, capitalism is an economic system while an oligarchy is a form of government. A country doesn’t have to be capitalist to have an oligarchy. Unfettered capitalism just basically guarantees an oligarchy will form.
So the root problem is still the capitalism that led to the oligarchy.
Got me there. No other sort of economic system has ever eventually funneled money up to the rich. Perhaps you could provide us some examples of economic systems that worked?
The WSJ is a right wing rag, unfit for toilet paper. No one should be surprised they publish half wit musings.
I didn’t skip my loan payment, I bypassed it. You’ve made me bypass numerous meals over the years.
Or better yet … more and more people will start to realize that it’s cheaper in the long run to just skip your loan payments. Even if you lose everything, how much more can you lose?
And when enough people lose, the banks and corporations start losing as well. So it’s in the best interest of the banks to keep everyone afloat as long as possible to keep up the illusion that the system is still working.
It’s a precarious balance between making people believe that they need to stay in the game and stopping them from thinking that the game is rigged.
They’re going to make debtor prison a thing, put people to work to pay it off at prison wages.
Great way to accelerate the country into a lawless state. As soon as you develop a system where you give people no choice and offer them either to submit or fight … more and more people will want to fight to survive.
This is the main reason why civilization moved away from capital punishment. Governments realized that if you just severely punish people for anything and everything, people will see that the have no choice and just fight right away because they know they will be killed for it anyway no matter what they do.
Only debt I have is a mortgage and I don’t like having that either but there isn’t really a better choice. Landlords are scum so at least I don’t deal with them anymore.
