Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Why Gen Z Is So Poor" video.

  1. ​ @sir_quirkus7206  So what's the point of being a lawyer if you can't even eat out 4 out of 60 meals? And how will waiting and kitchen staff make a living if people stop eating out? Think.
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  2. ​ @ivankrushensky  Many of the modern amenities are "cheap luxury". A lot of goods and materials plummeted in price since the 1950s.
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  3. Manufacturers are also getting shafted on raw materials, transportation, electricity, etc
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  4. Millenials didn't do that. It was Gen X that raged against the machine. How did millenials change society in their teens and early 20s?
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  5. ​ @kronos9579  So basically the life a low class single parent used to have 30 years ago. What a progress society has made since.
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  6. Bro thanks to technological development the youngest generation outpaced their parents. Millenials were the first to be poorer than their parents.
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  7. It was the norm that younger generations became wealthier than their parents.
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  8. Bro the whole point was that getting the degree should get you the job. If companies put everyone on notice that they'll start to ignore college degrees in job applications and just hire any Joe off the street people will stop seeking degrees.
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  9. Clothes were made to last instead of fast fashion and construction techniques and materials made larger houses cheaper.
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  10. Tons of people took that advice and now the trades are not paying out like they used to.
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  11. Houses were small because it was expensive to build. If you tried to go larger you'd have to increase all the load bearing reinforcements. Thanks to modern materials and construction you can make walls and ceiling struts cover a wider area for no added cost. Building literally takes less materials and effort than it did back then. We didn't just make computers faster and phones mobile in the last 70 years. We improved tons of things to be better and cheaper.
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  12. This was true for only a few decades lmao it was a trend a few generations went through. Outside the US nobody left home at 18.
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  13. But every generation tended to be wealthier than their parents. Millennials were the first gen to be worse off than their parents. It's like you people enjoy missing the point. We're not comparing 20 year olds to 60 year olds. We're comparing 20 year olds to 20 year olds 40 years ago, and projecting how well off they'll be in 10 years and comparing to 30 year olds 30 years ago.
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  14. So you were getting almost 32 dollars per hour, inflation adjusted. Everyone forgets Gen X but in many ways they're worse than boomers. It's magic how Gen Xers evaded criticism.
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  15. ​ @dangerousthoughts.1591  the cost of doing business raised through the roof. They're paying more in utilities, rent, materials/product, etc. They haven't pocketed the difference.
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  16. Population is naturally COLLAPSING. Things will get worse. We're not even at sustainment level.
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  17. Can you buy a house for the same price of a phone?
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  18. Materials and construction techniques made building houses cheaper. It's not just computers that got faster, you know? Houses increased in size because one load bearing structure can hold a wider ceiling above without issues while in the past you needed to increase the number of support walls and thus require more material and man hours.
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  19. We still use manual machines even though CNCs are the big dogs. In fact back then factories bought a ton of manual machines and used a jig to lock it down and only do one operation. So even though the machine was manual the operation was quasi-automated to save time and just hand off the part to the next operator instead of one worker doing all the operations himself on the same machine.
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  20. Sq ft increasing is undeniable but building became cheaper with better materials and techniques. Sq ft increased because you can build a larger house for the same cost as a 1950s home. And banks offer worse conditions on loans because they want people to be pressured into buying larger, so real estate developers have no incentive to divide property into smaller lots with modest homes.
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  21. Electronics and services have plummeted in price since the 50s. In the 1950s things we consider easy to afford were huge expenses. The level of tech in a smartphone would cost more than a house in 1950s. Technology progressed. Instead of netflix you paid like 50 cents to watch two movies and then put a few coins on the jukebox while getting your pepsi float. Cheap luxuries.
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  22. The problem is that we're starting to see all the people who took that advice clogging the funnel. The trades aren't what they used to be.
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  23. Gold has no real value other than being good at being a currency. Gold can't back an economy, we produce too much wealth and gold backed economies become deflationary.
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