The “16% mortgage rate” argument is a textbook example of historical distortion through omission. Let’s break the illusion:
Yes, rates were 16% in 1981 - for a few quarters.
But the median home price was $70K.
And median income was about $21K.
That’s a 3.3x price-to-income ratio, even at peak rates.
Today? Median home price is ~$430K. Median income ~$60K.
That’s 7.2x price-to-income - more than double the burden.
Even with lower interest rates today,
the actual monthly cost of housing is higher, and the duration of debt slavery is longer.
And that’s before we account for:
•No student debt in 1981
•Single-income households buying homes
•Employer-provided pensions
•Healthcare tied to stable employment
•No gig economy, no $1,200 rent for a 300 sq ft box
Now let’s address Vietnam. Yes, war is horrific. But here’s the trap:
Using selective trauma to deny systemic decay is a diversion tactic.
You can’t compare mandatory conscription with
an entire generation locked out of asset ownership forever.
This isn’t about “who had it worse”
It’s about who inherited a functioning system
and who inherited a collapsing simulation.
Stop pretending the current generation is soft.
They’re resilient inside a rigged structure
where every ladder has been pulled up
and every escape hatch monetized.
You want honesty? Here it is:
Past generations struggled to survive.
Ours struggles to belong in a world they no longer own.
That’s the difference. And that’s the whole point.
@Patrickkerby58@XRorschachX1776@middle_class_us I mostly agree. And I think that's what the issue is for most. People shouldn't have to be workers and entrepreneurs to afford the things that those who came before, could get as a worker.
@HermanPHunter1@dangainor@BryanAkner@middle_class_us Not even close. It's everywhere. At what point did you think I don't have a job, or am struggling to get one? If it was a dumbass in HR, those dumbasses are running rampant across every industry. That's very unlikely.
@HermanPHunter1@BryanAkner@dangainor@middle_class_us If any of this comes across as whining, and not fact, you are what's wrong and why every generation that has come after you, thinks you're terrible. I have a great job, and enjoy it. Have been for 6 years. You are very ignorant.
@HermanPHunter1@dangainor@BryanAkner@middle_class_us I did several times and got hired elsewhere. These things can be true and the 5 year experience for entry level jobs being a huge problem, can also be true. Stop applying your personal experience like it is the letter of the law for the rest of the world.
@HermanPHunter1@BryanAkner@dangainor@middle_class_us "My personal experience doesn't correlate with this graph, so therefore, this graph must not be true." I fully expected a response like this from a boomer.
@BryanAkner@dangainor@HermanPHunter1@middle_class_us Absolutely. The same institutions that we were told would make us smart, hard-working and prosperous were filled with selfish, mentally-ill educators that had no interest in improving the lives of their students but only to collect a paycheck and push a personal agenda. It is sad
@dangainor@HermanPHunter1@BryanAkner@middle_class_us I was told, since a was very young, that to get ahead in this world, you need to go to college. All of us my age were told this by our parents, teachers, etc. So that's what we did and the reality is that is just not true. It was a way to get an entire generation in debt at 21.
@dangainor@HermanPHunter1@BryanAkner@middle_class_us And in many cases that may be true. But there has always been young people like that. The response should not be barring all people from working entry level outright. AI may make it worse or better. It hasn't been around long enough for anyone to determine the effects it has.
@dangainor@HermanPHunter1@BryanAkner@middle_class_us What reputation? Why is it deserved? What generation taught these people? That's an easy, lazy response, shifting blame to a generation that's come to the realization that their elders left them a smoldering pile of shit to clean up and don't know where to start.
@dangainor@HermanPHunter1@BryanAkner@middle_class_us Great. I'm talking about your generation. Not you specifically. Asking for years of experience for an entry level job has sadly become the norm. I was in the military through college, worked labor for a construction company, and now manage construction. I am struggling to keep up
@dangainor@HermanPHunter1@BryanAkner@middle_class_us Inflation applies across the board. Your generation now wants 5 years of experience for an entry level position so you've basically destroyed the economy and barred young people from working to gain experience to get ahead of the curve.