Clearly they just need to take their own advice:
No more avocado toast
Stop buying so much coffee out. Make it at home.
????
Profit.
Simple as.
Also they could just get an easy job at McDonald's?????
They just arent qualified for that job.
Boot straps. Don't forget about the boot straps.
They could eat the bootstraps.
Trumps plan is to fix obesity by making everyone too poor to eat..... Or something
Don't forget about the cell phone plan, Internet access, Netflix or large screen TVs. I remember reading about "boomer math", if I remember correctly - the skewed notion about what really costs what.
Used to be a color TV was a luxury, and that probably made a real imprint on some. Same for coffee - until Starbucks really cracked that market, the idea of paying more than fifty cents or whatever for a cup of coffee was considered ludicrous at one time. And things like cell phones, Netflix and Internet were not really things in their formative years...
“I don’t want to have to worry that everyone is constantly changing my financial reality,” said Alison Carey, 64, of Oregon, a freelancer in the theater industry. “Let the economy do its machinations, but don’t put me in the gears.”
Sorry you had to learn it this way, Alison, but "the economy" has always been grinding people up in its gears. The main difference is, that it is now reaching you, personally.
I gotta assume a theater freelancer in Oregon probably didn’t vote for him
I was thinking the same, but....people surprise you. I know some lesbians that moved out of one (red) state into Colorado because of how they didn't feel quite safe there....but then voted for donvict, because "Republican do conomy good" type of reasons, from what I can discern.
Holy fuck.
“I don’t want to have to worry that everyone is constantly changing my financial reality,”
Welcome to my entire adult life, Alison
It's ok everyone they will all be a lot better off once manufacturing comes back to the US, they can make up the difference by working in a local sweatshop.
Didn't you hear? Vance is saying that manufacturing is never coming back to the US.
So even working in a sweatshop won't be an option. Well, I guess until we're colonized.
Yeah, just hold on and wait for those low paying, low skilled manufacturing jobs that no one really wants to work, and that we don't have logistics in place to support.
Then you can make minimum wage working 12 hour shifts with no pension and a 401k that will flatline right before you can retire.
When you die next to the assembly line they'll cover your face with a red MAGA hat right before they wheel you to the Soylent green processing facility
Let's go vote republican !
Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it
"But... but... but at least we stuck it to the libs didn't we? Right?... Right???!"
But it's so worth it when you remember that he ended all that DEI stuff and stopped those two trans kids from playing women's sports.
Over two trillion has been wiped out. That's one trillion dollars per trans kid.
Is America great again yet?
Since inauguration it's $11 trillion.
For a trillion dollars I'll stop playing any sport you want.
Oh the thing professionals all said would happen? That's what they are stunned about? The very thing they were warned would happen if trump did the thing he said he would do.
Well, if you voted for these dumbasses and are now pikachu over how idiotic they actually are....hard to feel sorry for you.
BTW, if you say "I didn't vote for that"......YES YOU DID. It's not like donvict was quiet about his love for tariffs.
I mean, I know quite a few retirees who actively voted for his opponent. So I wouldn't feel right saying that THEY voted for it, no? However, around my area, they definitely are a minority in their age group, so I think statistically speaking you are probably going to be right most of the time.
Oh, of course. I don't think anyone DESERVES to live in destitution - and this is probably where progressives like me get made fun of, but it's just how I was raised - even if they voted for donvict.
My lizard brain immediately wants to condemn people that were told not to vote against their own interest, but did anyway because of their hate of wokeness and DEI or whatever the hell. However, though I do rant here and elsewhere, I ultimately have compassion for people, even if it's from their own actions...
As for those that voted against donvict, of course they don't deserve it, though I know it's now quite fashionable to dunk on "boomers" as if they are some monolithic block and that means every single one of them, to a person has caused the Republicans to get worse and worse. Personally, I believe this thinking is goaded on by elites, because it only divides us further...in addition to racism, xenophobia, transphobia, if you can whip up the various age groups and pit them against one another, you can sit back and count your money and be comforted in the notion that few people will cop to the reality...
Don't let them fool u by saying that this is just a correction. A correction needs a catalyst. The catalyst here is the tarriff. Trump created this mess. Rise up. Fight.
Turns out woke wasn't so bad, huh
I can only have an opinion when Fox News informs me of the new outrageous fad for this week.
Oh no, are the Boomers finally collectively suffering the consequences of their own collective actions?
What a shame.
Anyway, welcome to the 'you can never retire or afford a house' club along with all your children who've been begging you for the past 20 years to stop voting for policies and politicians who made this current situation inevitable.
I just took a couple Ubers. They were driven by retirees as a way to make a little extra cash and get out of the house. Both of them said they would have to quit driving and get another “real” job again if the market continued to tank. This shit rolls downhill…gonna create a job crunch again. People not leaving jobs, no jobs for people entering the marketplace, and companies are going to start crushing labor’s wages and benefits again.
Maybe that IS the end goal. Get old people working so wages get fucked for everyone and the corporate overlords can increase their profit margins from a measly 99% to 99.9% or whatever
It’s almost like this is exactly what we warned them would happen.
Lol, I rolled my 401k to an IRA as part of a actively managed fidelity fund right after Trump got inaugurated. If I hadn't I would be down about 150k, instead I'm up 35k already, and that was after cashing out just below all time high.
That said,I decided to ride it out in my fuck around E-Trade account. I went from being up 25k on jan 1st to being down 9k today.
Trump's 'plan' is to crash the market so that people with large reserves of cash can buy at all time low. Then he'll back pedal his bullshit and things will go up, so they'll sell. It's not going to go back up to what it was before his watch, at least not with him around. People who don't have the cash reserves/appetite to buy in a recession will get fucked, and that's most people in the country
Yeah but you can't just say "ok the plan worked, tariffs are off now" and expect the rest of the world to be chill about that. It's too late to backpedal.
Retirees 'idiots' as they keep savings they need to live in volatile asset classes such as stocks.
Oh well, should have raised your kids to be better people.
Going to brag a little bit. I've been very suspicious of tech and the US stock market for a long time. When I finally got the job I have now and got to choose 401k contributions I went heavy with international stocks and specifically avoided anything involved in too much tech. My 401k has gone down in the last week but we're talking barely 3%. The paranoia sometimes works in my favor
That’s the best part. The baby boomers created this shit and now they can’t retire. Good for them!
Got what they voted for, didn't like it? I'm shocked.
People at or near retirement age should have a 401k invested in more safe funds with a higher mix of bonds. Why would they have such a high proportion of stocks that a drop in the stock market would impact their spending habits?
Bootstraps or whatever
I live in Canada and have a locked-in retirement fund, from a former employer, which I have zero control over. It's lost 10% since the Dumpster was elected.
That mf'er is killing us too.
Retirees? I'm not even 40 yet and my 401k dropped several thousand the last couple days.
401k are supposed to be the long game, ride out the ups and downs. That being said, it's best to have other investments too.
401k are supposed to be the long game
The older you get, the shorter the game is. You need to gradually reduce the volatility of your investments, even at the cost of rate of return.
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