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/biz/ - Business & Finance


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10901634 No.10901634 [Reply] [Original]

Any boomers here? I mean, people who were of working age from 89-99.

How prosperous was the economy? My dad was making the equivalent of ~100k as a store manager of a convenience store during those days.

What the fuck went wrong?

>> No.10901684

That store manager became the regional manager and discovered he could improve his own career by paying the next generation of managers half of what he had while giving them four times the workload.

Meanwhile every single other industry/commercial/real estate enterprise raised the cost of their services regardless of stagnating wages and well hey whaddya know it must be them lazy kids eating smashed avocadoes etc etc

>> No.10901762

Australia, 80's, you could afford a house and 3 child family off 1 low-skilled job.

Sell house to highest bidding insectoid.

Sell job to lowest paid pajeet.

>> No.10901828
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10901828

>>10901634
>What the fuck went wrong?
Mass influx of pajeet workers and women into the workplace, driving wages down while the CEO's took 100% of the profits from the massive increase in production that computers/internet/automation brought about, and in turn used their wealth and influence to continue pushing for more "diversity" and "multiculturalism" via media and politicians so to keep the cycle going.

>> No.10901837
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10901837

>>10901828
>Oy vey nationalism is bad, we all benefit from a globalized economy and diversified workforce

>> No.10901870
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10901870

>>10901828
>Remember goyims, it's 2018 and women belong in the work place following their dreams of having amazing careers and travelling the world, not chained at home wasting their life way away on looking after useless kids

>> No.10901920

>>10901634
my first crush T_T (on the left homos. screw sam)

>> No.10902755

>>10901828
> what went wrong
Fractional reserve lending

>> No.10902818

>>10901634
Is the shirt she’s wearing depicting a sexual act between a child and adults? Is that a Star of David hidden in the kids shirt? Wtf?? Was the titanic an inside job???

>> No.10902840
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10902840

Boomers. Plain and simple friend.

>> No.10902850

>>10902840
>implying 47k is an outrageous starting salary today

Lmao poor people make me laugh

>> No.10902918

>>10902850

>implying you can get that kind of starting salary without going 60-80K in debt first.

Seriously fuck off.

>> No.10903229

>>10901634
>What the fuck went wrong?
Diversity

>> No.10903568
File: 74 KB, 364x1024, inflatioooon.jpg [View same] [iqdb] [saucenao] [google]
10903568

>>10902850
>what is inflation
aiiaiaiiii

>> No.10903616

>>10903568
Jaffa cakes ftw

>> No.10903651

>>10901634
I miss those neon pink and neon green colors on everyone.

>> No.10903662

>>10903229
This. America was basically an all white country back then.

>> No.10904138

>>10901634
my friend's dad owned some ghetto liquor stores in the 90s. They made money hand over fist. Now it's still profitable but not nearly as much. People in the ghetto don't have as much money as they did in the 90s. Thus they don't spend as much. In fact my friend's dad is selling his remaining convenience stores and going into retirement soon

>> No.10904500
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10904500

https://www.bloomberg.com/news/articles/2018-07-10/chart-of-century-gives-powell-gloomy-glimpse-of-trade-war-world

>Plugged as possibly the chart of the century by economist and originator Mark Perry, it shows that prices of goods subject to foreign competition -- think toys and television sets -- have tumbled over the past two decades as trade barriers have come down around the world. Prices of so-called non-tradeables -- hospital stays and college tuition, to name two -- have surged.