capitalism

Out of context: Reply #1076

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  • utopian2

    • Gen X, under performing as usual. GO TEAMautoflavour
    • Not easy auto, not easy... We try!!OBBTKN
    • This graph makes no fucking sense.Morning_star
    • ^ lol what exactly are you struggling to comprehend nowkingsteven
    • AHAHAHA FML i was staring at it for minutes, should have read the notes first :Dsted
    • Well there’s something lots of generations can agree on... baby boomers are the c@n!sdee-dubs
    • @kingsteven. In 2019 Baby Boomers represent 56%, Gen x - 16%, Mill - 4%, Who owns the other 25%?Morning_star
    • im a fuckin poor manmilfhunter
    • these cohorts cover 1945 - 1997, so presumably 25% was owned by people who in 2019 were over the age of 74 and (to a lesser extent) under the age of 22kingsteven
    • Agreed. Would you say that if you extrapolate the baby boomers back to 30yrs old that all generations would have a share of the national wealth that fell...Morning_star
    • ...between 5-10%?Morning_star
    • tbh, the median cohort age calculation would suggest its 3 separate charts. this is more accurately conveying the generational shift (rather than inequality)kingsteven
    • i may re-do this if i get time from the stats without averaging for comparison, it'll be less meaningful but i guess thats what we want to see (numbers that addkingsteven
    • up to 100) - for example the raw data shows 2019: 16% silent gen, 51% boomer, 26% genX, 7% millenial.kingsteven
    • i also may just go to the pub... frivolous millennial that i amkingsteven
    • Just go to the pub. As Gen Xer, i've been there since 11.Morning_star
    • The percentage of wealth should really be rebased to account for the size of each generation. Boomers are a large cohort so you expect they account for more.monNom
    • they dont... it's 76 million boomers (11 million dead by 2011) 65 million genX, 72 million millennials. now over half of the US population is millennial or genZkingsteven
    • safe to say in 2019 boomers were the smallest group, even though maybe 20% of them had died as a group they're still accumulating wealth.kingsteven

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