People born in the 1950s grew up with a 91% top-tier income tax rate, which ultra-rich people went out of their way to avoid by spending their excess income on "business expenses", rather than investments.
Which was better tbf
Absolutely.
It used to be that if you had $10,000 excess income, you could use it to buy $900 worth of stock, bonds, and other financial instruments or you could spend the entirety of that $10,000 on something you tell the IRS you plan to use for business purposes, and pay some salaries for making it.
Now, if you are $10,000 over the line, you can turn $6,300 into stocks, and double your money in 4-5 years. There's no point in actually spending your money anymore; just keep rolling the excess into the means of making more.
Unless this person happened to be born outside of the USA.
"not even that old yet" ? I think most would consider 70ish old, unless you're running for president
fastest cars
What
It never states that they had these in their birth years. Just that they had them. Might have been in the 2020s with the Koenigsegg Jesko Absolut, which is the fastest car and was built in their lifetime. And coincidentally, currently the fastest in my lifetime as well
They think '50s hotrods were faster than later cars because later cars were "detuned to meet environmental rules"
1999ers have a decent chance of living in 3 centuries. Much more impressive
That's a lot of 50s nostalgia for a decade you spend mostly shitting yourself and barely able to put together a sentence. Reminds me of my grandparents talking about living through the blitz being born in 1945.
The meme isn't talking about the 50s but about the youth of people orn in the 50s, so +-70s
70's not exactly the decade of their heyday, and Happy days is a nostagic look at a period that they wouldn't remember
Like people from '99 saying they're '90s kids
Transcription for screen readers:
The meme is making a broad generalisation about a large group of people all heading the same undesirable trait, that trait being making broad generalisations of large groups of people having undesirable traits.
Adding to the transcription because watering down the point does no service to anyone who can't actually read it, it says:
People born in the 50's have lived in 7 decades, 2 centuries & 2 millenniums. We had the best music, fastest cars, Drive-in theaters, soda fountains & happy days. And we are not even that old yet, we're just racist
And yes, huge swaths of them are racist. There are also racists in their 20s (Nick Fuentes), but they are far more common in older generations, the south, rural areas, etc. These are facts.
Replacing hate with another hate. Just goes to show you, haters gonna hate
and lovers gonna love
i just want
none of the above
Potaters gonna potate
Drive in theaters, soda fountains, and happy days still exist.
But they've mostly been improved upon
Cars are also waaaaay faster today than they ever were in boomer days. You could smoke just about all their 1960s and 1970s muscle cars in a fucking current day Prius lol, never mind something that's actually engineered to go fast.
I mean, probably not with a Prius, at least the first several generations of them. But definitely with something like a WRX or a Civic type r. And those aren't even expensive cars. Modern electric cars definitely blow them out of the water. The electric mustang would absolutely crush any mustang from the 60s and 70s
Just say it, you don't like racism
i heard it’s racist to not like racism
Motorsports are boring, i dont care how fast ur cars are.
Here I thought I could pull the wool over your eyes.
Cars in the 60’s had bench seats that were pretty much couches. Hard to beat that.
Bench seats were much closer to benches than couches.
Examples of this improvement?
Drive in theaters have higher resolution screens, way better audio (and more options for it), a wider variety of snacks, better parking, better vehicles to enjoy the movie from, and brighter projectors.
Soda fountains now allow you to mix any flavor combination you like and there are often unlimited refills along with larger serving sizes.
Happy Days... is still kinda shit actually, not much you can do there, but hey, you can watch it anywhere now! On a phone, on a tablet, on a computer, on a TV, on a VR headset, or even on a fucking refrigerator! Ok, that last one might not be a great invention, but you get the idea.
None of this should really be a surprise though: Tech improves over time (minus enshittification, of course).
Drive in theaters use your car radio now instead of those little speakers. Though overall the niche was replaced with movie theaters.
Fountain drinks are probably about the same. Though some places can do things like chilling the line. Again, the niche was largely replaced with cans and bottles. For their shortcomings, they keep fizz in much better than fountain.
They might have us beat on happy days. I didn't watch it.
Eh, young people are racist too. The rules always change, give it 20 years and there will be tons of stories about how racist millennials are. It won't be about GenX. Nobody remembers we exist.
Those of us who remember The Oregon Trail also dwell in dark corners.
People definitely talked a LOT about Gen X when the generation was in the adolescent / young adult phase and was changing norms.
My takeaway from this is that racism works
Well, yeah. Systemic racism was invented by British colonizers as an excuse for abusing and exploiting people with darker skin and to this day, it's very effective in different variants all over the world 😮💨
Systemic racism has existed as long as concepts of race exist. No one needed to create an intentional system that favors the dominant ethnicity.
Scientific racism was created in France to justify the enslavement of African Christians as normally it is illegal in canon law to enslave another Christian. The UK and other Northern European nations embraced these concepts and built upon them.
Indeed, it seems to be the secret to a long life.
Lol
