News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
some severe misinformation about that video :
For one it’s 9 years out of date and thus cannot apply to todays demographic of massive influence of Airbnb and gentrification.
For another while it mentions the national debt it fails to mention HOW the national debt (cough military) became that bad. It is mainly an accountant error (president is basically an accountant)
For another it fails to mention the taxations that are actually in place for pensions (I’ll mention below) and it also fails on how to make the connection about how those pensions are ‘wealth transfer’ programs. And speaking of wealth transfer, it got the definition wrong. Wealth transfer isn’t paying into someone’s pension. The definition is actually hereditary in that it goes the opposite way: what the older generation leave to their family upon death or invest for schooling or help out with buying houses for their children .
For another the crux comes up at 3:01 and your entire argument is boomers are struggling to sell stuff…if this were true they could always take a page from essentially the rest of the world: sell your stuff offshore or to companies like Airbnb . In fact it’s one of the major (global) issues right now with finding enough housing because everyone is selling their properties (and there isn’t enough) and it’s all owned by offshore because there is always offshore buyers and there’s always capitalists on the Airbnb market. And I may remind you that a lot of younger generations now fill up the capitalist roles who are more than willing to turn a profit. I find it hard to believe that selling your property is the end all problem here when practically the rest of the world is on fire because of how easy it is to sell property for a hefty chunk of money and many vulnerable are homeless as a result(many of those vulnerable are boomers with financial and medical issues btw). The richer Boomers with property simply do not need a millennial to buy their property to turn profit. They got many buyers offshore waiting with baited breath. But what is an issue you should be paying attention to : capitalists such as airBNB are your problem here raising the prices. That is being run by everyone younger than boomers too who did receive a transfer of wealth. Not just boomers.
For another 6:15 many of these issues that younger generations are facing are put in place by younger than boomers. It’ll reiterate what I said in another post: if a boomer leaves a job and the job description changes/gets sent off shore or etc, this isn’t what boomers are responsible for. This change comes from younger generations changing the job description locking their own fellow generation out so they can make a buck. Just look to Zuckerberg and how much he makes selling private information. He’s a millennial btw. Cuz the richer younger generation are probably even more successful at greed than the boomers. There’s an even more exacerbating differential on class now than before when you have a diversity of generations filling the billionaire roles now. That isn’t on the boomers. That’s on capitalism. Retiring Boomers are no longer the only people at the capitalism table making bad decisions. So they can’t simultaneously exist in a job and also retire to not exist on the job to take all the blame. That’s just unreasonable and unrealistic to point all problems that way. At that point it’s only about shifting responsibility. It has nothing to do with fixing it.
And another: it doesn’t even mention the OAI nor 401k which is currently present in the USA and applicable in the same way as an RRSP and CPP is. It’s pretty clear that their pension comes from a very similar tax structure as to what common wealth countries do. With these pensions the important thing to keep in mind is that a company will not take a prerogative to invest in an entitlement program so it would be in earnest that the employee needs to keep on top of it to contribute their percentage for their private RRSP or 401. an employer may decide to contribute but it isn’t compulsory anywhere. Well almost anywhere….. in Australia the superannuation is compulsory. But in North America it is not.
(Note: If this is taking you by surprise and you have a dumping stomach feeling please rush to an accountant to help you understand what your next step should be regarding your 401 immediately)
that is something perhaps not being taught to you alongside in school about these other topics. When it really should be.