sleeper vs the boomers
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TiernanHow much money does it cost to be "advised" that when the timer goes DING the fries are done?
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gut
I'm going to try to go 2 for 2 and guess he wasn't paying you for advice but to do an analysis he needs to present to the Board. He's already made up his mind - you're just there to manufacture validation for what he already knows.sleeper;1540420 wrote:He's paying me a crap load of money to advise him on some of his projects. I should repeat that, a man 30+ years older than me is paying me money to advise HIM. -
sleeper
We pay most of our employees $8/hr and I'll have to ask my buddy how long it takes to cook a batch of fries.Tiernan;1540445 wrote:How much money does it cost to be "advised" that when the timer goes DING the fries are done? -
sleeper
That's what it turned into essentially. I gave up trying to give honest analysis about what I think should happen with the project and instead focused on providing data that backed his point of view. Which is fine, but the problem is I prefer to do things the right way and use VALID data to back something rather than off the cuff crap like what he pulled. The good part is I didn't have to answer any questions regarding the data used because there's no way in hell I'm standing up there and telling them I used inflation indices extrapolated from a economics textbook.gut;1540452 wrote:I'm going to try to go 2 for 2 and guess he wasn't paying you for advice but to do an analysis he needs to present to the Board. He's already made up his mind - you're just there to manufacture validation for what he already knows. -
gutSo he's not stupid - he knew exactly what he was doing and hoping to accomplish. Might have been an amateur move as the preferred route is to tweak more ambiguous/variable/defensible assumptions in growth, efficiency and overhead.
A savvy investor would spot that pretty quickly, but maybe his Board just rubber stamps things. -
sleeper
Maybe. I thought I worked 'for the company' and was doing analysis initially in the best interest of the company I was hired for. It turned out that I actually ended up working for the POC of the company and produced whatever opinion he wanted. Maybe not stupid, but definitely lazy. I did all the work and he just tweaked a few values to align to his message.gut;1540472 wrote:So he's not stupid - he knew exactly what he was doing and hoping to accomplish. Might have been an amateur move as the preferred route is to tweak more ambiguous/variable/defensible assumptions in growth, efficiency and overhead.
A savvy investor would spot that pretty quickly, but maybe his Board just rubber stamps things.
But hey that's consulting. 9/10 the job is just to produce bullshit that looks pretty. -
HitsRusBut hey that's consulting. 9/10 the job is just to produce bullshit that looks pretty.
....and you do your job well. -
HitsRusHistory will pin the collapse on the Baby Boomers and my generation will go down as putting it back on the right track.
your generation is not off to a very good start, sport.
Bingo....fab 4 nails it...at least somebody gets it.There are lazy losers in every age group.
Really?...every country on the planet that is not 3rd world has some sort of plan/program to care for the elderly in retirement. Most are pay as you go programs where the elders are supported by taxes on the working population. So why do you feel so entitled to welsh on the social contract?but when you are talking about people's SS and Medicare over the next 30 years you're proposing more generational theft from people not even born yet.
less fair for YOU(narcissist)...the last time SS was tweaked my generation had to pay more and had it's full retirement moved back. You should expect the same. In case you never noticed, SSI has been tweaked about every 25 years to make adjustments for those in retirement and to estimate what changes need to be made for those retirees in the future. It's not rocket science...it's actuarial science. The system has been due for some changes for 10 years now, but it keeps getting ignored so we can heap more entitlements on our posterity's back by people more concerned about their political power than about the good of the country....and we keep electing them. Your generation is no different (and maybe worse according to voting patterns by age). While the debt was $6T before you started voting, you've contributed to the additional $11T....and you own the last $6T all by yourself.You can whine all you want about getting your money back - it's less fair for me to have to pay more for a decreased benefit. YOUR generation has known about SS problems for decades - W was the first election I got to vote in, and the prior generations had already rung-up $6T+ in debt
But make this a generational war to assuage your own guilt...good luck with that and fixing the problems that confront us ALL. -
sleeper
Hard to fix it when most of our generation is more concerned about finding a job that pays above minimum wage. I'm very confident that my generation will fix YOUR mistakes; keep being pessimistic and blaming everyone else but yourself. After all, that's the boomer way!your generation is not off to a very good start, sport. -
HitsRus
ditto, sport.keep being pessimistic and blaming everyone else but yourself.
that'll be a trick especially when 2/3 of your generation keeps voting for the opposite.:huh: Hoping for a great epiphany are you?I'm very confident that my generation will fix YOUR mistakes; -
BR1986FB
This. Keep voting for clowns like Barry and we're all going to Hell in a handbasket, regardless of how much the younger generation thinks they are going to "fix" it.HitsRus;1540538 wrote: that'll be a trick especially when 2/3 of your generation keeps voting for the opposite.:huh: Hoping for a great epiphany are you? -
gut
Who said anything about "welshing"? A contract is between two parties, no? So why would you expect one side to exclusively bear the burden of a shortfall? Fairness - an essential element of a social contract - does not imply making one party whole at the expense of the other.HitsRus;1540504 wrote:So why do you feel so entitled to welsh on the social contract? -
gut
I "own" the last $6T? Who took away your right to vote?!? Nacissist?!? LOL, no, the word you're looking for is selfish, which applies to you. I'm talking about fairness, but you pretty clearly are hung-up over entitlement.HitsRus;1540504 wrote: less fair for YOU(narcissist)...the last time SS was tweaked my generation had to pay more and had it's full retirement moved back. You should expect the same. In case you never noticed, SSI has been tweaked about every 25 years to make adjustments for those in retirement and to estimate what changes need to be made for those retirees in the future. It's not rocket science...it's actuarial science. The system has been due for some changes for 10 years now, but it keeps getting ignored so we can heap more entitlements on our posterity's back by people more concerned about their political power than about the good of the country....and we keep electing them. Your generation is no different (and maybe worse according to voting patterns by age). While the debt was $6T before you started voting, you've contributed to the additional $11T....and you own the last $6T all by yourself.
You clearly aren't understanding the issue. People progressively paying more and more to maintain an equivalent benefit is generational theft - they are paying more into the system than you did, for what must eventually be reduced benefits (moving the retirement age is not reducing the benefit, it's actuarial science as you point out).
But simply put, if you want to talk "fairness" then my paying more into the system means I should receive a greater equivalent benefit than you. Or, alternatively, I pay the same and you get a reduced equivalent benefit. Or somewhere in between. -
HitsRus
I think you got it! ....You don't 'own' the $6T any more than I 'own' Social Security.I "own" the last $6T? Who took away your right to vote?!?
you do understand that is what you suggest for baby boomers, right?...they paid more, but now they should have their benefits reduced.You clearly aren't understanding the issue. People progressively paying more and more to maintain an equivalent benefit is generational theft - they are paying more into the system than you did, for what must eventually be reduced benefits
Look, I can call you names and make gross generalizations just as well as you can. I don't truly beleive you are any of what I alleged, and judging by what I have seen you post on other forums, our values and our solutions are pretty similar. What I am trying to point out, is that assigning blame to entire generations is a fruitless, pointless, and non productive exercise. This is a political issue, not a generational one. You are not going to solve problems by calling people names like the snotty nosed puppy does, and quite frankly, I resent the insinuations that I am responsible for this mess any more than you are responsible for the $6T. -
gut
Yes. If you raise FICA on future generations - those who weren't asleep at the wheel while the SS trust was raided (in addition to piling on trillions in debt) - then "fairness" implies they should receive equivalently more benefits than you, because they've paid more. "Your share" means you receive a lower benefit in conjunction with us paying more. Additionally, if there are more of you than us, you're benefit is going to have to be further reduced.HitsRus;1540765 wrote: you do understand that is what you suggest for baby boomers, right?...they paid more, but now they should have their benefits reduced.
Your share of the national debt should be proportional to how long you've been voting. Generational theft is 100% piling on debt and then expect following generations - who had no say or vote in the matter - to contribute to YOUR generations largesse. It has nothing to do with assigning "blame". But the boomers poor planning and oversight is not a burden to be borne disproportionately on younger generations. Reality is it isn't even realistic or feasible. The how and why doesn't change the fact that the responsibility for debt run up by your elected officials is on you and shouldn't be passed on to future generations who had no say.
Honest question - if you were $1M in debt, even if it was't "your fault or responsibility"...would you expect your children to bail you out? Or should your children inherit that debt? Its not your fault the market crashed, so your children bear an equal share of that debt? -
ohiobucks1For everybody's information can somebody please post the current age limits of the age categories. I saw someone say something about 19-37 year olds, which unless I'm incorrect incorporates 2 (possibly 3) different categories.
Thanks, -
gut
Great idea. Why don't you google that and then share it with us.ohiobucks1;1540782 wrote:For everybody's information can somebody please post the current age limits of the age categories. I saw someone say something about 19-37 year olds, which unless I'm incorrect incorporates 2 (possibly 3) different categories.
Thanks, -
ohiobucks1gut;1540797 wrote:Great idea. Why don't you google that and then share it with us.
haha gfy.
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sleeper
I think of it as:ohiobucks1;1540782 wrote:For everybody's information can somebody please post the current age limits of the age categories. I saw someone say something about 19-37 year olds, which unless I'm incorrect incorporates 2 (possibly 3) different categories.
Thanks,
Those 45 and > = Worthless motherfucking piece of shit Boomers
Those Under 45 = America's last hope Millennials -
sleeper
Great post. Hitrus and Boomers will never get it; which is expected of the worst generation in American history.gut;1540770 wrote:Yes. If you raise FICA on future generations - those who weren't asleep at the wheel while the SS trust was raided (in addition to piling on trillions in debt) - then "fairness" implies they should receive equivalently more benefits than you, because they've paid more. "Your share" means you receive a lower benefit in conjunction with us paying more. Additionally, if there are more of you than us, you're benefit is going to have to be further reduced.
Your share of the national debt should be proportional to how long you've been voting. Generational theft is 100% piling on debt and then expect following generations - who had no say or vote in the matter - to contribute to YOUR generations largesse. It has nothing to do with assigning "blame". But the boomers poor planning and oversight is not a burden to be borne disproportionately on younger generations. Reality is it isn't even realistic or feasible. The how and why doesn't change the fact that the responsibility for debt run up by your elected officials is on you and shouldn't be passed on to future generations who had no say.
Honest question - if you were $1M in debt, even if it was't "your fault or responsibility"...would you expect your children to bail you out? Or should your children inherit that debt? Its not your fault the market crashed, so your children bear an equal share of that debt?
"It's not our fault, its not a generational issue" and they wonder why the generation beneath them is so "entitled". -
HitsRus
I wouldn't expect my children to add to the debt, that's for sure. You are not giving me any leeway for our being 'young and naive', so I won't extend the same courtesy to you. It took 200 years to acquire $6T of debt....and you tripled it in 10. Good job millennials!: thumbup:Honest question - if you were $1M in debt, even if it was't "your fault or responsibility"...would you expect your children to bail you out? Or should your children inherit that debt? Its not your fault the market crashed, so your children bear an equal share of that debt?
we are truly fuc***....might as well learn to speak Chinese.Those Under 45 = America's last hope Millennials -
HitsRushttp://www.ropercenter.uconn.edu/elections/how_groups_voted/voted_08.html
2008 election stats.
http://www.ropercenter.uconn.edu/elections/how_groups_voted/voted_12.html
2012 election stats.
Ha Ha Ha...its all the boomers fault! LOL.
http://www.people-press.org/2011/11/03/the-generation-gap-and-the-2012-election-3/
I could just go on and on.
LMFAO at the snotty nosed puppy and his delusions about "his generation". -
wghfan
You think you know it all generation, is just a bunch of fuck ups.sleeper;1538945 wrote:Considering we are the most educated generation in world history, I'd reconsider. -
rmolin73
Don't you know you can't argue with "LJ light"? He knows everything about minorities, women, boomers, money, etc., etc.wghfan;1540881 wrote:You think you know it all generation, is just a bunch of fuck ups. -
BR1986FB
Agreedsleeper;1540805 wrote:I think of it as:
Those Under 35 = Worthless motherfucking piece of shit lazy ass Xbox playing Millennials