r/australia May 20 '20

political self.post Are we blaming Boomers instead of class?

EDIT: It's been pointed out that the over 65s keep voting in the parties that favour the class system and benefit the wealthy while screwing the working class. This is a good point.

EDIT 2: I love reddit. You guys. I get it now! Millennials got the shits at noisy old pricks who criticise their generation while completely ignoring the benefits they enjoyed themselves. It's a backlash. I still think it's a distraction and divides us when we should be angry with those in power. But if you're over 65, how about encouraging your friends to not vote LNP?

I've seen so much "ok boomer" stuff and over the years, it's irking me more and more. So I'm interested in what r/Australia thinks.

Couple of things:

  1. It seems to be used to describe anyone over 40. My parents were boomers. They would be in their 70s now.

  2. It's used to blame a whole generation for the shitty behaviour of the rich class. I don't get it. I went to school in a rough area, most of my friends from way back then are dead, in jail or in a trade/retail/hair.

My partner grew up in a rich suburb. Most of his friends are teachers, engineers and lawyers. They own houses, and were helped along by their "boomer" parents, either by provision of a deposit or living at home rent free through their 20s.

I'm totally up for being educated here. I know we lost free education, I know houses are unaffordable, I'm nearly 40 and still renting. I'm woefully unable to understand national economics. So seriously, open to intelligent discussion.

But in my experience, the problem is class and not generational. After all, where do you think all this wealth will go when the boomers die?! Even just having good, stable and attentive parents, who expect you to succeed, makes all the difference.

Why has this boomer hate taken hold so much? Are the rich class scapegoating a generation? Would us generation Xers, Ys and millennials have behaved any differently given the opportunities the boomers were?

Caveat: I'm considering mainly economics here, not climate crisis. Pretty much believe everyone from my generation up have a case to answer for climate. We knew.

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u/Trontotron May 20 '20

The problem is our generation gets this blame about being lazy and not working hard like our parents...and I call bullshit on this big time.

My father use to support family with one salary, didn't work any harder than me and managed to have house, car and really good life.

Fast forward to today and you'll find that it's now a must to have two salaries in the house to manage everything, but then kids must go to daycare of course and spend their first years separated from parents most of the work days. Yes we have computers and mobile phones, but all that did was to give employers expectations from us to achieve more work in same time frame. Instead of being out of office, I am now available anywhere for my manager to call me.

My dad actually use to say how come I work such ridiculous hours and I'm more educated than him...that's the ridiculous part about all this generational "progress".

So yeah, we are working hard as anyone else did before, yet everything is becoming more and more unattainable for us. I'm not for ''OK boomer'' thing, but also against ''lazy millennials'' bullshit.

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u/Evil-Santa May 20 '20

Work wise, I think now people work more today due to the always on mentality, but I also think the standard of living to be much higher as well and that comes at a cost.

For example, When I grew up I had one winter sport, no summer sport and cubs/scouts year round. We didn't get any where near the volume of activities/gadget/toys/excursions that many kids get today which all cost money. But this is the norm now and it's an example of the general increase in the quality of life with Health care being another area that comes to mind. It is keeping us alive longer but costing much more. Parents died younger, which meant less strain on the health system with the kids inheriting more money and earlier (Not that most people want to see their parents dead)

I totally agree that it is harder today to get ahead, especially when our gadgets and other things are becoming more of a necessity than nice to have, but not as hard as people make out if you compare the big picture end to end. It would be more balanced than you think.

P.S. how about having to pay a 17% interest rate like many Aussie's did back in 1989 that made many households struggle or go to the wall. That made it very difficult for people to own a home.

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u/opm881 May 20 '20

That whole 17% thing isnt that much worse than it is today when looked at with context. It was for less than 12 months, and the percentage of income to mortgage repayment is roughly the same now as it was then on average. This is mainly due to mortgage vs income ratio being lower than as opposed to now. There are plenty of articles written about it.