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Derision? Maybe read what I said. I think I'm pretty accurately describing their generation, aka the generation of the people who raised me. Note that I am sp
by MisterBastahrd 5y ago
Derision? Maybe read what I said.
I think I'm pretty accurately describing their generation, aka the generation of the people who raised me. Note that I am specifically NOT casting blame on them for the eradication of pension programs, because while you can accuse them of being against them to a degree in the public sector, it was their parents' generation who decided that private pensions were great for themselves but not sustainable for their kids.
The "greatest generation" gets whitewashed at the expense of their children, when they REALLY had it the easiest. Sure, they had a world war and that sucked. They also got the greatest economic advantage in American history along with a government eager to give free and subsidized stuff away, and decided that it was too expensive to continue.
- 0des 5y ago> If you were white, anyway. And therrrrre it is.
- 0des 5y agoI'm glad you removed the racialized remark from this post, it was cheap and in poor taste and not at all pertinent. Thank you. Unfortunately I cannot remove the comment where I quoted part of your remark to respond to it.
- MisterBastahrd 5y agoNope. It was neither cheap or in poor taste. It was 100% accurate. I just removed it because I decided I didn't want to deal with kneejerk responses from the history-bereft. During WWII, there was a moratorium on homebuilding because the resources were needed elsewhere. After the war, the GI bill "guaranteed" that veterans would be able to buy homes at zero percent interest and that they would be able to get college or technical educations. Everyone else got to buy homes at very low interest rates for the most part. If you were white, that is. The reality was that the US government was completely fine with redlining and given that these companies that paired with the government programs weren't building new homes in minority-majority areas, there were 67000 or so families that got to take advantage of the GI bill's homebuying program, and less than 100 of them were people of color. Jim Crow, of course, took care of their ability to access educations, and of course they were still 20 years out from being able to even vote. It was a gigantic giveaway to whites at the expense of the people of color who went to war and paid their taxes and got very little to show for it. That had a huge effect on future generations. The people who wanted to buy homes had to do it for higher costs while simultaneously not being able to enjoy the same level of education. The difference in opportunity costs and actual financial costs was staggering.