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.
this post was submitted on 05 Apr 2025
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You keep saying retirees when I think you mean future walmart door greeters.
My fucking parents are going to end up Wal-Mart greeters and they will not admit, even after everything, that they fucked up voting for Trump.
oh that reminds me, our local old lady Walmart greeter passed away 😔
R.I.P. Ms Wendy
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...
Yeah, same here. Well said, I agree with you
I agree that we shouldn't let the oligarchs divide us, and that there are boomers that haven't been voting towards oligarchy for the past 60 years. But, at the same time, I have a hard time giving any boomers a pass because I think they didn't fight hard enough. The vast majority of them stuck their heads in the sand and stayed there for most of their relatively comfortable lives. They let their government slide further and further towards oligarchy and didn't talk about it because talking politics was considered uncouth.. Or because they're religious and "this earth isn't our eternal home anyways", or some other hand-wavy bullshit. It's very hard for me to not feel betrayed by their collective ignorance and ineptitude.
I guess we'll see if any other generation is different than they are/were. I somehow doubt it. I don't see Gen X or Gen Y doing all that much. Too early to tell for Gen Z and alpha, I think...I think it's human nature.
The boomers that I knew growing up mostly lived hand to mouth. My parents were boomers and I don't really remember them being all that comfortable. They lived a very meager existence, lived extremely frugally (I think it was generational trauma in my own family coming from the Great Depression and my grandparents on both sides) and saved as much as possible. They took almost no vacations and they were some of the first ecominded people. They were leftists (of the older type), not so much the hippie type, and most of their friends were, too. I sure as hell know they wanted nothing to do with the Republicans and the ones that are still alive despise donvict.
So, I think it varies. People born in a certain age group are definitely not a monolith. Not every boomer went to Woodstock and then later did a heel-turn and went all-in on the Reaganites and became a Wall street trader yuppie...as much as that is the common stereotype.
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Retirees 'idiots' as they keep savings they need to live in volatile asset classes such as stocks.
There was a time when people were dependent on defined benefit pensions. Then the U.S. pivoted to defined contribution plans, 401Ks. This of course put retirees at risk of a situation like the present one.
Could they have diversified their portfolio better? Sure. Should you blame them for Trump being an evil asshole? Only if you are one, too. The system itself was redesigned to fuck over the elderly, my friend. Then it did.
Seriously I was scanning the comments to find anyone mentioning this. It's insane to leave your funds in stocks if you're retired or close to retirement. That should have been shifted to bonds or other stable investments years ago.
Boomers lived their entire lives failing upwards. Why wouldn't they expect things to just go their way?
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.
Okay, now do it in Count von Count's voice.
Toooo manie trillyon. Ha ha ha
For a trillion dollars I'll stop playing any sport you want.
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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.
If the rest of the world turns on the US then that's also a win because Krasnov is a Russian asset and part of why Russia and China worked so hard to get him elected was to destabilize the US and remove them as the world leader so China can step in
I really don't think this is part of some grander plan. I think he really thinks blanket tariffs are a good idea.
Tariff man is an idiot.
It’s almost like this is exactly what we warned them would happen.
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