foraker Posted January 16, 2006 Share Posted January 16, 2006 Whine, moan, complain. Quote Link to comment Share on other sites More sharing options...
Gary_Yngve Posted January 16, 2006 Share Posted January 16, 2006 Yeah, kids are spoiled these days. Cellphones, fast Internet connections, cable, $5 lattes, SUVs, fancy clothes, dozens of DVDs... Â With my relative pittance of a graduate stipend, I'm still managing to max out my Roth each year (though it will be harder when the limit hits $5000). My parents managed to raise two kids on a single income without a college education. So yeah, if some spoiled yuppie brats can't manage to balance a budget because of their extravagance, that's their own damn fault. Quote Link to comment Share on other sites More sharing options...
Ireneo_Funes Posted January 16, 2006 Share Posted January 16, 2006 Hmmm...did we read the same article? Quote Link to comment Share on other sites More sharing options...
cj001f Posted January 16, 2006 Share Posted January 16, 2006 Yeah, kids are spoiled these days. Cellphones, fast Internet connections, cable, $5 lattes, SUVs, fancy clothes, dozens of DVDs... With my relative pittance of a graduate stipend, I'm still managing to max out my Roth each year (though it will be harder when the limit hits $5000). My parents managed to raise two kids on a single income without a college education. So yeah, if some spoiled yuppie brats can't manage to balance a budget because of their extravagance, that's their own damn fault. well, part of it is difficulties managing funds. Part of it is housing costs, medical care, and other necessities in major metropolitan areas have increased substantially in the past 30 years as a % of real income. Yeah, it is harder to get ahead when things cost more. Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 It's harder to get ahead when you have a $19,000 worth of 'must have' goodies on your credit card.... Quote Link to comment Share on other sites More sharing options...
Dr_Flash_Amazing Posted January 16, 2006 Share Posted January 16, 2006 (edited) Funny that this comes as news to anyone. Â "$20k worth of credit card debt is bad? Huh?" Edited January 16, 2006 by Dr_Flash_Amazing Quote Link to comment Share on other sites More sharing options...
jon Posted January 16, 2006 Share Posted January 16, 2006 Yeah, kids are spoiled these days. Cellphones, fast Internet connections, cable, $5 lattes, SUVs, fancy clothes, dozens of DVDs... Â People in their late 20s and 30s are considered kids now? Sweet! Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 That's how 40 became the new 30.... And, the old X-Large became the new Medium... Quote Link to comment Share on other sites More sharing options...
Dru Posted January 16, 2006 Share Posted January 16, 2006 People in their late 20s and 30s are considered kids now? Â Does that make you a pedophile?! Â Bring on the 40-something cougars Quote Link to comment Share on other sites More sharing options...
Dr_Flash_Amazing Posted January 16, 2006 Share Posted January 16, 2006 That's how 40 became the new 30.... And, the old X-Large became the new Medium... Â Shite, Pope's not going to become the new DFA, is he? Quote Link to comment Share on other sites More sharing options...
cj001f Posted January 16, 2006 Share Posted January 16, 2006 It's harder to get ahead when you have a $19,000 worth of 'must have' goodies on your credit card.... yah, I know people whose must haves are car repairs and medical expenses. Â Â What does your smug superiority qualify you for? The JayB/KK internet republican club? Quote Link to comment Share on other sites More sharing options...
Gary_Yngve Posted January 16, 2006 Share Posted January 16, 2006 It's harder to get ahead when you have a $19,000 worth of 'must have' goodies on your credit card.... yah, I know people whose must haves are car repairs and medical expenses. Â I'm all for raising taxes to provide better healthcare and mass transit for everyone. Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 And I know people who can't afford things who put thousands of dollars of non-necessities on their credit cards because they like having 'stuff'. Which do you think is more prevalent in this country? a) those who live within their means and save for the future or b) those who don't? If living within my means within a major metro area makes me 'smug' and 'superior', well then I guess I am....to you. Quote Link to comment Share on other sites More sharing options...
cj001f Posted January 16, 2006 Share Posted January 16, 2006 And I know people who can't afford things who put thousands of dollars of non-necessities on their credit cards because they like having 'stuff'. Which do you think is more prevalent in this country? a) those who live within their means and save for the future or b) those who don't? If living within my means within a major metro area makes me 'smug' and 'superior', well then I guess I am....to you. Â blah, blah, blah. Â My only point was an air of smug superiority from a generation whose cut taxes in part from selfishness, then passed on the higher cost of education, health care, transportation and living to a younger generation, then bitchs about how that generation isn't as financially well off as themselves is nauseating. It was alot easier for you guys to "waste" money with fewer consequences. Quote Link to comment Share on other sites More sharing options...
olyclimber Posted January 16, 2006 Share Posted January 16, 2006 the more you spend, the more you save Quote Link to comment Share on other sites More sharing options...
Gary_Yngve Posted January 16, 2006 Share Posted January 16, 2006 On a tangent note, social status in this country is closely tied to economic status. The easiest way to show economic status is to possess luxury items, bling-bling, whatever you call it. The corporations and media know this and hence do their best to market $200 Nikes, expensive haircuts/manicures, fancy namebrand clothes, jewelry, souped-up cars, the latest must-own movie, etc. Quote Link to comment Share on other sites More sharing options...
jon Posted January 16, 2006 Share Posted January 16, 2006 That's not what the article is about though, foraker. It's about people trying to establish themselves, which in a high cost city like Seattle can be quite hard. My car insurance went up $200 a year this year, and it went up $200 year last year to move to Seattle from Redmond, so that is $400 more. I have an absolutely clean record. My medical insurance went up $40/month this year, and has gone up $100/month over the last 3 years. If you are a high paid tech worker in this area that might not be a huge deal, but if you are living with a disposable income of only a couple hundred dollars a month it is a much bigger deal. For a single person living in Seattle it is almost impossible to buy a home unless you make close to 6 figures. Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 I won't even begin to address the number of false and unfair assumptions you've made let alone your sense of bitterness. I always strive to strike a balance between social responsibility, fiscal responsibility, and environmental protection when I vote and on the issues which I write to my Congressman about. Seems to me I don't fit your preconceptions of what my generation is all about. Maybe you should save your ire for twenty-somethings who opt out of being politically involved. Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 Jon, I have no doubt that younger people are finding it harder to get by. I'm not saying I have no lack of sympathy for those who are trying their best. I failed to make that point clear, I admit. However, I also know a fair number of these people who simply live beyond their means and don't understand why they are always in debt. Quote Link to comment Share on other sites More sharing options...
cj001f Posted January 16, 2006 Share Posted January 16, 2006 Seems to me I don't fit your preconceptions of what my generation is all about. Maybe you should save your ire for twenty-somethings who opt out of being politically involved. If it walks, talks, and quacks like a duck.... perhaps it's a wildabeast? Â Your generation has increasingly pawned off the burdens of society to younger generations - decreasing their disposable income - and increased your own by reducing your tax burden. You then are mad when others wish to enjoy things in the same manner you did. Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 Yes, yes, that was all me. I did that. Everyone wanted to do something else but I said no. I got mine, too bad for you. Quote Link to comment Share on other sites More sharing options...
cj001f Posted January 16, 2006 Share Posted January 16, 2006 I got mine, fuck you Well, that is the mantra for your generation - and your posts so far on this thread. Â As the failure line moves closer to the mean, the number below the mean increases. In this case the "failure line" is debt and not making forward fiscal progress. You can sit smugly and pontificate, or realize the danger to the US economy that massive consumer debt and a negative savings rate pose. Hey, it'll be what funds the economy during your retirement. Of course, maybe they should have just learned from your shining example Quote Link to comment Share on other sites More sharing options...
foraker Posted January 16, 2006 Author Share Posted January 16, 2006 Your ability to make faulty assumptions about people knows no ends. I suggest you seek therapy and avoid any job involving higher mental functions. Quote Link to comment Share on other sites More sharing options...
cj001f Posted January 16, 2006 Share Posted January 16, 2006 Your ability to make faulty assumptions about people knows no ends. I suggest you seek therapy and avoid any job involving higher mental functions. absurd ad hominem attack - I nominate you for the "KK Postalike" award  Going to start posting in a foreign language next? Quote Link to comment Share on other sites More sharing options...
jerseyscum Posted January 16, 2006 Share Posted January 16, 2006 All ages in poverty, 2002 Pierce County, Wash., estimate: 55,514 to 85,956 Â Â Â Â Â INCOME IN 1999 Â Â Â Households 260,897 100.0 Â Less than $10,000 18,639 7.1 Â $10,000 to $14,999 13,841 5.3 Â $15,000 to $24,999 30,639 11.7 Â $25,000 to $34,999 34,324 13.2 Â $35,000 to $49,999 46,521 17.8 Â $50,000 to $74,999 58,734 22.5 Â $75,000 to $99,999 30,989 11.9 Â $100,000 to $149,999 19,130 7.3 Â $150,000 to $199,999 4,081 1.6 Â $200,000 or more 3,999 1.5 Â Median household income (dollars) 45,204 (X) Quote Link to comment Share on other sites More sharing options...
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