Comments by "KGS" (@kgs2280) on "How History Works" channel.

  1.  @Novusod Not quite. Yes, everything was going great for Boomers…until things started going downhill around the late 70s. Then when Reagan came in with his “Reaganomics”, the floor was torn out from underneath us. Remember, one generation doesn’t start when the one before ends. We overlap with, generally, at least two or three generations. The Boomers’ childhoods, teens and very early adulthood were generally very good, because our parents got that massive boost after WWII, but then the reality of the Vietnam War along with finding good work with good pay started going downhill. Our parent’s generation, in their old age, which many mistake for Boomers, was good because they had that hand up, and were able to invest their money and save for retirement. While a number of Boomers made it in the stock market, or got good jobs, a whole lot of us did not. That’s why a lot of us who are now elderly, can’t even begin to figure out how we’re going to afford a senior home in a few years. That’s why a high percentage of the homeless, at least in the U.S. are seniors, because a bout of cancer or other medical expenses will have the bank taking our homes. Medical expenses are the #1 reason for homelessness in the U.S., and the chances of incurring them go up exponentially in our older years. And a lot of us never had that “ladder” you speak of. Especially the women. A lot of doors were opening…for a few, but for the rest of us, we were facing an ungodly backlash against us for having the temerity to even ask for equal pay, or even a livable wage. Even when I was in college, I had a government loan which included a work/study program to help offset some of the costs, and it paid for me to live on campus, and life was good…for the first two years. Then, suddenly, the government decided that, since I was still underage, and my father theoretically could pay for my tuition, that I could no longer have my loan, my work/study or my room in the dorms. But my father (nor my mother) would pay a dime for me to go to college, because, in their “old-fashioned” minds, I was just going to get married, make babies and bake apple pies, even though I told them that was not what I wanted, at all. I wanted a career. So, I had to leave my studies and the only work I could find was for minimum wage (of course, women at that time were not likely to get the “better” jobs the men could get), while I still had to pay off student loans for my two years of college (of course, those rates were quite a bit lower then, but still hard to pay off with minimum wage, esp. with renting an apartment, paying utilities and trying to eat. That’s why we called them “The Ramen Years”). And yet we see the younger generations getting into tech (which didn’t exist until we were well into middle-age) and making extraordinary incomes, so we tend to see them as having better opportunities. So, we tend to see other generations through a comparison with our own, and it really doesn’t work because we see only a narrow slice which is touted in the media.
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