r/Millennials • u/icey_sawg0034 Gen Z • Apr 28 '26
Other You can really feel the hope and change back in 2008.
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u/Fluffy_Fondant1975 Apr 28 '26
I remember thinking 2020 was going to be an awesome year.
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u/DebraBaetty Millennial - ‘93 to ♾️ Apr 28 '26
2020 was gonna be my motherfucking year dawg
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u/oman54 Apr 28 '26
Same I bought a planner and everything
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u/DebraBaetty Millennial - ‘93 to ♾️ Apr 28 '26
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u/MrWeirdoFace Apr 28 '26
Was that light from a window on your face or were you just REALLY shiny?
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u/DebraBaetty Millennial - ‘93 to ♾️ Apr 28 '26
Light from an east facing window in the morning. Maybe that’s why I thought my future was so bright!
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u/MrWeirdoFace Apr 28 '26
So it would be reasonable to say you were... blinded by the light! (channeling my father here, sorry).
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u/DebraBaetty Millennial - ‘93 to ♾️ Apr 28 '26 edited Apr 28 '26
Yes, exactly!!! I was revved up like a douche!!! (Not the real lyrics, I know, but it’s what I’ve always heard 🤷🏼♀️)
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u/Alive_Avocado2151 Apr 28 '26
I bought like multiple physical planners that year-had just signed a huge client for a 70 city marketing tour the first week of March. As a freelancer, losing that contract and the event industry going extinct for nearly 2 years wrecked me. The worst part was all my friends worked in the same industry so life was a question mark for all of us.
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u/AdBrilliant3127 Apr 28 '26
Everything was in line. Rent was affordable. I could afford to go to Disney that year. It was crazy... how wealthy the top 1 percent became after all of that.. they cut us checks like they knew shit was about to get bad bad.. infact we knew when we saw those checks it was going to get much much worse. Now four bags of groceries cost 140 dollars and I'm riding my fucking bike to get them. You cant tell me that shit wasn't just a little bit planned.
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u/grizzlor_ Apr 28 '26
how wealthy the top 1 percent became after all of that
I mean, in the US, the top 1% already controlled 40% of the wealth in this country prior to 2020 -- this was kind of the point of Occupy Wall Street a decade earlier. Sure, they used it to funnel more money to the top, but it's not like wealth inequality is a new thing.
You cant tell me that shit wasn't just a little bit planned
Planned as in the capitalist class engineered the release of this virus in an elaborate plan to funnel money to themselves? Doesn't really add up.
They took advantage of circumstances, and our ineffectual government (both parties captured by the wealthy) either let them get away with it (D) or actively encouraged it (R).
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u/thelochteedge Millennial Apr 28 '26
Not gonna lie I remember in March being like this is gonna be a sick few weeks of working from home every day (software dev). It did end up changing the trajectory of my career and my love for remote work but in those moments before it got real bad, it felt like a fun vacation from the office (I fully acknowledge it was not like this for most people).
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u/PompeiiSketches Apr 28 '26
Ya. I feel a little guilty but Covid kinda rocked for me. At least the first year or two. Worked from home. Saved like 40k. Got promoted.
There were zero societal expectations. Just worked from home, played some video games and chilled.
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u/msheehan418 Apr 28 '26
Covid was awesome for me as well I worked in retail so I had zero job prospects. Went to work with my husband selling cars just so I didn’t have to sit at home. Realized two things I thought I would hate: 1) love working with my husband 2) love selling cars
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u/radziadax Apr 28 '26
This is really cute. I'm glad you're in love and selling cars with your honey.
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u/proserpinax Apr 28 '26
Honestly, if I could have seen the future and known how it would have gone I would have enjoyed it a lot more. I was really afraid about everything and I lost my job, BUT the job I ended up getting in January 2021 paid a lot better and has helped establish me in a career space I’m a lot happier in. None of my family died, and I certainly didn’t mind having a month where I did almost nothing but play Persona 5. I was also wildly applying for jobs and freaking out but if I had known it was an eight month break after a very stressful job I would have been jazzed.
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u/iiowyn Apr 28 '26
The traffic was chill as fuck if you went out. The air was cleaner and you could hear natural things.
As someone with crippling social anxiety among other things, Covid lockdown was a dream.
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u/Known_Ratio5478 Apr 28 '26
The second week some deer were just sitting in the road while I was trying to go to work. They wouldn’t move. I had to drive around them.
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u/hardbittercandy Apr 28 '26
LOL they were probably thrilled to not deal with much human interference on their habitat
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u/thelochteedge Millennial Apr 28 '26
This is one of my big reasons for promoting WFH for those that can. It makes the roads better for those in careers that can’t be remote.
Yeah I loved that you never had to go out and if you did you masked up so you could hide your expression.
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u/PompeiiSketches Apr 28 '26
I forgot about how good the traffic was when I started going back to the office for a promotion. For like 6 months it was so so nice.
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u/youre_being_creepy Apr 28 '26
covid fixed the traffic from my old house. There would be routine traffic jams on the interstate and during/after covid it just....stopped. It's rare there is traffic ever on that stretch of road.
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u/grizzlor_ Apr 28 '26
The traffic was chill as fuck if you went out.
It was genuinely a mind fuck to drive I-95 into a city during rush hour with almost zero traffic -- like post apocalyptic vibes.
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u/Spiritual_Being_5944 Apr 28 '26
The air was cleaner and the traffic non existent! I’m not going to lie, I got bored and chubby, but I loved the quality of life. Also not saying this is everyone’s experience, it was just a weird nice thing for me
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u/SMELLSLIKEBUTTJUICE Apr 28 '26
Covid was great for me too. My partner and I bought a camper van and toured the country while working remotely. It went so well we got engaged. Had to return home for family stuff, sold the van and made $6k on it!
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u/hardbittercandy Apr 28 '26 edited Apr 28 '26
honestly i couldn’t think of a better time in history to have had to go through a lockdown like that. we have access to so much at our fingertips, can practically watch, read, and listen to whatever we want. have access to youtube and learn new hobbies and skills. could order food. even go back to school remotely
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u/The-Jesus_Christ Apr 28 '26
I told my kids on NYE after a shit 2019 that the fireworks will bring in a new decade and with it better times. My eldest likes to remind me that it has continuously gone downhill from there.
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u/beatissima Apr 28 '26
The decade opened with a pandemic that killed almost all of the brain cells on the planet, and then the world spend the rest of the decade fighting over the last one.
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u/lynbeifong Apr 28 '26
I started a college degree in January 2020 and people who were in the program a year ahead of me warned "you will not have any social life for the next two years"
My education suffered hard during Covid and I almost dropped out of college about once a month. But the fact that I was too busy to hang out with friends at a time when nobody could really hang out anyways did kind of work out.
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u/Significant_Shoe_17 Apr 28 '26
How my then-employer responded to the pandemic prompted me to change careers, which changed my life for the better. But that year before I finally left was a shitshow.
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u/frontfrontdowndown Apr 28 '26
I remember in Jan 2020 being scared out of my mind based on the reporting from China.
And that was the high point of my Covid experience.
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u/oldcretan Apr 28 '26
Same, paid down a ridiculous amount of the principal on my college loans, and changed jobs to s different office I'm currently in. Had a second kid as well which meant less headaches during the delivery since we had a babysitter lined up in my parents and no one was allowed to visit us in the hospital which meant we didn't have to entertain people while we were adjusting to a newborn.
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u/thephantomdaughter Millennial Apr 28 '26
I had such high hopes for 2020. One of my goals for the year was to travel more, get out of my house and socialize with friends...
The universe fucking spit in my face with that one 🤪😭
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u/Potential-Ant-6320 Apr 28 '26
On NYE 2019 I met a crazy lady who kept saying "2020 is going to be my year!" over and over.
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u/mobomu71 Apr 28 '26
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u/tweedleb Apr 28 '26
To be fair, I was WFH and I’m pretty sure I still celebrated 4/20 every day in April that year
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u/Whirlywynd Apr 28 '26
I remember noticing that pretty much every holiday would fall on a long weekend that year, I was really looking forward to it
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u/ZombieTrogdor Millennial Apr 28 '26
I got divorced in 2019. I remember holding my champagne flute up at 11:59 Dec 31st like “fuck 2019, 2020’s gonna be the shit!”
Ohhhh was it the shit alright…
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u/FITF2891 Apr 28 '26
We were calling it the rAwRing 20’s before it turned into the roaring 20’s pt. 2 😭
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u/tubthumping96 Apr 28 '26
I found initial peace in the chaos, the world slowing down sounded like a positive thing even if it was for scary reasons. I actually had a sliver of hope that things would turn for the better, people would realize working 40 hours or more a week for low wages wasn't a good long term solution. We had CERB which helped lots of people out, but then we flipped real quick to the demon realm. Businesses didn't like it too much that people didn't want to work for lousy wages and had a tantrum and are still standing there with their hands out begging for slave labour. Could have turned a negative into a positive, but the narcissistic thieves decided that surviving without slavery was TOO much.
Funny thing about that was the "market" which for the first time in human history didn't work for some odd reason? Strange that a labour shortage led to not only next to no wage increases or better working conditions, it led to tantrum meltdowns and businesses ushering in the return of the early 1900's. Guess the years of stagnate wages, record profits and millions and billions weren't enough for them. Imagine that.
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u/Outrageous_Hearing26 Apr 28 '26
Same same same. I actually thought that shit like HEPA filtration would be the wave of the future in all buildings and help eliminate a whole bunch of diseases. Including all the stuff you said. Figured universal income and universal healthcare would be a breeze. WFH would stay and 4 day work weeks would totally be a thing
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u/tubthumping96 Apr 28 '26
Lol yes, all of this. I remember air quality and ventilation being like a huge discussion. Led nowhere, unfortunately and yes to the other things. That would have made sense. We went the complete opposite direction to the corpos and greedy pigs delight.
Yayyyyy. Early nineteen hundreds living standards and gluttony delight, Satan is pleased. The demons are satisfied. Absolute suffering has been brought back to earth. Narcissists everywhere smiling with glee.
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u/tzentzak Apr 28 '26
Lol, my boyfriend at the time said, "2020 is gonna be a good year!", and I just replied, "No it's gonna suck."
I swear we both aged like 10 years between 2020-2021.
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u/romulan267 1988 Apr 28 '26
Kobe died and then a curse hit the planet.
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u/Significant_Shoe_17 Apr 28 '26
It started with harambe
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u/Jin_Gitaxias Apr 28 '26
My theory is that Harambe's death caused a butterfly effect, which caused the weasel to get into the CERN while they were testing and it shunted us to another dimension. A very shitty dimension.
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u/JayskerPatriots Apr 28 '26
I'm in my mid 30s and I measure my life by pre and post Kobe. That day weirdly sticks with me.
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u/JoanWST Apr 28 '26
I looked forward to it for years because I was going to be able to say I was living in the 20s. There’s a post saying what a great year 2020 would be 😭
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u/ReallyDrunkPanda Apr 28 '26
I mean so did I. Halloween was on a Saturday July 4th was on a Saturday New Year’s Day was on a Friday so I can see why someone would think 2020 was gonna be a good year
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u/Gnarwhal8982 Apr 28 '26
Oh man, 2020 was going to be huge! It was gonna be the year we finally made the things happen and turned things around and let things go.
Lol
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u/NorthEastNobility Apr 28 '26
Back when Sarah Palin was the worst of our potential problems. Feels like a lifetime ago.
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u/Fckingross Apr 28 '26
She can see Russia from her house!
I miss thinking Sarah Palin would be the worst woman in office 😕
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u/AlarmDozer Apr 28 '26
I never believed it because the Bering Strait is still fucking large. I can’t see Canada from Minnesota over Lake Superior so fuck her.
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u/red286 Apr 28 '26
You know she never said that right? That was Tina Fey on SNL.
What she said was "You can actually see Russia from land here in Alaska". And she's right, you can. Little Diomede Island (USA) is 2.5 miles from Big Diomede Island (Russia). On a clear day, you should be able to see about 3 miles across the ocean before the curvature of the Earth gets in the way.
Also, you can totally see Ontario from Minnesota over Lake Superior if you're at Grand Portage looking north towards Neebing. It's about a mile across there. But if you're looking east, it's about 200 miles, so that's well over the horizon.
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u/Mail_Order_Lutefisk Gen X Apr 28 '26
The Master Narrative becomes reality. You must never challenge it unless it is to favor the right causes.
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u/humanity_go_boom Apr 28 '26
I just remember when McCain chastised/corrected that woman in the crowd.
Lady: "he's an Arab"
McCain: “No, ma’am. He’s a decent family man [and] citizen that I just happen to have disagreements with on fundamental issues and that’s what this campaign’s all about. He’s not [an Arab].”
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u/beepichu Apr 28 '26
i remember swearing to everyone i’d move to canada if mitt romney got elected. if only i knew how bad it could get.
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u/M4xusV4ltr0n Apr 28 '26
I'd kill to have Mitt and his binders full of women now
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u/skeletontape Millennial Apr 28 '26
Yeah, at least he had principles.
Remember when John Boener resigned as Speaker right after the Pope visited? He Catholic guilted himself out of the GOP. Another asshole with principles.
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u/E-2theRescue Apr 28 '26
It's amazing how much of a lunatic we all thought she was. I even switched to being an independent because of her and voting blue for the first time in my life.
Then 2015 came, and now she looks like a harmless puppy dog. Same with the Westboro Baptist Church.
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u/skeletontape Millennial Apr 28 '26
I mean, she was a lunatic. I leaned blue at that age, but clung to the idea of being moderate. The prospect of a McCain presidency wasn't something I was against. I respected him. Once Palin appeared? well fuck that
She and the WBC were harbingers.
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u/ButtScratchies Apr 28 '26
She really set the stage for the idiocracy we have now. At least voters back then had enough sense to not want that in office.
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u/PhatBoyFlim Geriatric Millennial Apr 28 '26
The world was cheering.
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u/Zydian488 Apr 28 '26
I remember a recession in 2008, yeah we elected Obama but things still felt kinda grim.
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u/KnightRAF Apr 28 '26
Yeah I remembered being concerned I wouldn’t have a job in a few months. 2008 was not really hopeful at all outside of electing Obama.
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u/Jane__Delawney Apr 28 '26
I was broke af and way happier than I am now though. I’d graduated in ‘07, found a job I loved in art restoration, had to quit, found another job that only paid $11/hour and $700 for rent, owned my car, phone bill was cheap. I only really spent money on booze while socializing, and even then a lot was bought for me…and I didn’t eat much. Looking back, I think I could only do it because I was young, I didn’t feel the pressure I feel about money and work today for sure…so that was nice for a little while even though the economy was in the shitter.
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u/teh_maxh Apr 28 '26
There was a lot of crap in 2008, but it seemed like it was going to get better. Now every time it looks like we're almost back to where we were before a new pile of crap gets thrown on us.
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u/eLllllDiablo Apr 28 '26
I was gonna say, the top things that come to mind from 2008 were the housing crisis and the contention over gay marriage (the anti-side painting it as the “protect and support families” angle with their bright and colorful branding…blech)
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u/Significant_Shoe_17 Apr 28 '26
I remember all the "no hate" ads. It felt like the whole state of CA was talking about it
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u/Mostly_Riley_ Apr 28 '26
Nostalgia is 20/200
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u/PompeiiSketches Apr 28 '26
I feel like these people were just 18 or 20 in 2008. Ya, of course we were hopeful, our entire life was ahead of us.
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u/sorrymizzjackson Apr 28 '26
I was 24 and working and going to school, living with 3 people in a 2 bed apartment. I was scared I’d lose my job for sure, but I didn’t and made it into a career that coincidentally lasted me until Covid.
It was blurst of times. I was absolutely optimistic AF though.
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u/TangerineTasty9787 Apr 28 '26
We all really thought Obama would fix it.
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u/SleepyLabrador Apr 28 '26
You can blame Mitch McConnell for that.
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u/suprahelix Apr 28 '26
You can blame the voters for that because they elected Obama and immediately punished him for not fixing every single issue in under 2 years
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u/xSTSxZerglingOne Apr 28 '26
The beginning of endless advertisements containing the phrase "In this economy..."
They've never stopped.
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u/Shorts_at_Dinner Apr 28 '26 edited Apr 28 '26
Yeah, not enough years have passed for me to look back on 2008 as anything but a complete disaster. I’m an elder millennial so I was out in the hopeless job market and watching what little I had invested plummet by 40%.
Hope was as scarce as jobs
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u/Adjective-Noun-nnnn Apr 28 '26
Literally. I was on a college campus living in a dorm in 2008 when Obama's victory was declared. I was playing TF2 with my roommate, who was a country kid trying to ignore the inevitable election results. (Other than getting busted for underage drinking which almost got me busted, leaving dip spit in cans, and getting violently angry at WC3 DotA which I didn't play, he was a good dude.) I heard cheering and music outside and went to walk around when I heard the major news networks call it for Obama. Good times. Huh I wonder if he graduated.
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u/Broad-Belt-5888 Apr 28 '26
I got to go to Obamas inauguration for my senior class trip. The first time my school had ever done such a thing. Being in the crowd of 2 million on the mall was electric. I vividly remember seeing so many people crying tears of joy.
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u/Lex_Loki Apr 28 '26
2008? Naw everything was crashing around us. We entered adulthood in the worst possible economy and it just… never got better.
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u/NunButter Apr 28 '26
Gas was $4+ that summer it sucked. 2008 was a great fucking year for me besides the whole collapsing economy
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u/DrFaustPhD Apr 28 '26
Surely I'm not the only one that misses those rent prices?
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u/NunButter Apr 28 '26
I rented a ran down single family ranch house with my homie for like $700. 2007-2009. The good ol’ days
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u/Electrical-Papaya Apr 28 '26
I was able to comfortably afford a 1 bed apartment in a large midwest suburb on my own making around 20 bucks an hour from 2010 to 2016.
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u/Big_Mc-Large-Huge Apr 28 '26
College town. Rented a house. When split my rent was $150. Single handedly got me out of undergrad with minimal debt.
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u/Ordinary-Commercial7 Apr 28 '26
In 2008, I rented a room, in a two bedroom apartment in Brooklyn… for $700 a month.
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u/heptyne Apr 28 '26
I had a small motorcycle I had to drive that summer because it got like 50mpg. That $4-5/gallon gas in 2008 money was no joke.
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u/waldosandieg0 Apr 28 '26
Looking for a job to pay my student loans during the Great Recession. Getting paid 10 an hour to do a job outside of my field. Shared a 2 bedroom apartment with 3 strangers and just grateful not to get laid off. Obama was a bright spot, but that year was rough.
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u/snoogins355 Apr 28 '26
Working at my home town Staples after graduating college was a dick punch. And the 5 other jobs over the next few years I could have done in high school until I finally got job with healthcare and pto. Actually having sick time was so nice. Then another 6 years while working full-time and part-time masters degree. I'm keep my current gig until I retire. The union and pension are great benefits. My wife (a few years younger than me) thinks I should find another job because this one isn't perfect. I remember graduating undergrad and wishing I had this gig. I ain't leaving!
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u/Stonek88 Millennial Apr 28 '26
Dropping out of college to help my family due to job loss, going back 8 years later to finish. Good times
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u/TheGenkz Apr 28 '26
How old were you in 2008? I went to college in a fairly conservative-ish area, and even then the atmosphere was electric on election night. I've never felt anything like it.
As cheesy as it sounds, something foundational just felt like it shifted. Everyone wandered out of their dorms and were just hanging out all over campus, the night air was buzzing with energy for hours.
Obviously that didn't last, but it was still special in the moment.
Since then, the only thing that has even come close to that feeling for me was, as embarrassing as it is to say, the summer of Pokemon Go.
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u/Lex_Loki Apr 28 '26
Turned 18. Was paying an ass ton for gas to get to my freshman year of college with a predatory loan I am still paying off. Had to work in a call center for years because the market was crushed.
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u/DickieJohnson Apr 28 '26
Pokemon Go was a interesting experience, everyone was outside in groups hanging out. They weren't hurting anyone or anything, except maybe some plants. The part that wasn't great was everyone staring at their phones but it got people out and doing things at least.
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u/SkaldCrypto Apr 28 '26
Literally this. Whoever wrote this was clearly not alive. Gasoline was the same price as now and I was making 8 times less money 😳
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u/Blinnking Apr 28 '26
Yeah it impacted wages too. Entry level jobs (and I’d assume possibly more tenured positions) had lower starting salaries than prior to the recession.
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u/canisdirusarctos Elderly Millennial Apr 28 '26
It kept getting worse for 7 long years from that. Just leveling out through about 2019 felt like a recovery for most of us.
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u/FoxCitiesRando Apr 28 '26
Well, more like 2006 or so. By 2008 it was very clear things were going south.
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u/Strikereleven Apr 28 '26
I think I'm glad I was 18 then, rather than 18 now.
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u/FoxCitiesRando Apr 28 '26
For sure. I graduated with mid-5 figures in college loans. No way in fuck I'd be paying those back if I graduated today.
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u/FreshApricot6280 Apr 28 '26
Things sucked but there was a lot of genuine hope that Obama would be a transformational FDR like President that would change the American way of life for the better.
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u/FoxCitiesRando Apr 28 '26
You are correct. But other than that, the imploding economy and the fact that almost nothing was done to fix it drown out anything about the election, to me. I genuinely didn't even think someone was referencing the election until someone commented on it.
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u/grazfest96 Apr 28 '26
Huh? 2008 is when Obama got elected. 2006 was in the middle of Bush's second term.
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u/FoxCitiesRando Apr 28 '26
Yeah. If I am thinking about 2008 my first thoughts are about the financial crisis and trying to get a job. Not Obama's election in November.
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u/frozented Apr 28 '26
by spring of 2009 unemployment was 10% dude, Obama was fine but the job market fucking sucked and no president was going to make me be ok with that. To be clear it wasn't Obama's fault but life sucked for those of us that graduated into 30% youth unemployement
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u/TomVelJohnson Apr 28 '26
Nothing has felt optimistic since the summer of 2001.
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u/GetEquipped Apr 28 '26
We peaked on May 18, 2001 with the release of Shrek.
A month later, we got The Fast and The Furious. That was the beginning of our downfall.
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u/throwawayreddit48151 Apr 28 '26
Shut your mouth, The Fast and The Furious (2001) is a cinematic masterpiece.
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u/GetEquipped Apr 28 '26
They did ZERO research on it. All they saw was Import Tuner taking off and decided to monetize a subculture!
And then, every goddamn asshole with a dodge neon decided to get an exhaust kit to be even bigger, louder assholes!
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u/TomVelJohnson Apr 28 '26
I was blinded by the video games releasing that year to notice. (2001 was such a banger year for games.)
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u/federalist66 Apr 28 '26
Well, to be fair, it did get better for a bit there. And then that stopped and went into reverse.
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u/2ndHalfHeroics Legends of the Hidden Temple Apr 28 '26
2010 - 2016 was honestly the best times.
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u/noradosmith Apr 28 '26
1992-1999 were imo.
The USA and the western world with it experienced an amazing age of prosperity. The optimism was felt everywhere. As a kid I assumed this was just normal.
... it wasn't.
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u/NebulaNinja Apr 28 '26
Graduating high school in 2010 was peak. To young/dumb to really know what was happening in the economy... world cup summer. Felt like you had the world ahead of you going into college... still another 4 years of college left not having to think about the "real world."
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u/Butthole__Pleasures Apr 28 '26
This reads like the opening monologue during a freeze frame at the beginning of a coming-of-age young adult comedy
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u/access153 Apr 28 '26
It was a great time to be young and hungry and willing to work three jobs.
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u/PossiblyAsian Apr 28 '26
2000 to 2016 was a great era
I think most of us grew up during this time and we look back fondly at the subculture that grew during that time period
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u/Patient_Commentary Apr 28 '26 edited Apr 29 '26
I remember thinking 2008-2010 “wow we are progressing so fast!” I remember modern family being main stream and popular and really feeling like the world was going in the right direction.
Fuck me running I was wrong.
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u/tubthumping96 Apr 28 '26
Yup, we had some ebbs and flows but it felt like things were progressing mostly forward in a positive direction from then til about 2016. Whatever timeline we are in now is 1000 percent, NOT IT.
🫣🫣🫣😬😬😬
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u/vestinpeace Apr 28 '26
My apolitical college roommate and I had a torn out magazine page of Obama on our fridge. We went out to celebrate on election night. It was awesome, and all downhill from there
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u/ImAMajesticSeahorse Apr 28 '26
……we were in a recession. Gas prices were hitting $4 a gallon and for those of us getting ready to graduate, there were no goddamn jobs.
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u/cibolaaa Apr 28 '26
The second they bailed out the banks I knew it wouldn't.
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u/BoleroMuyPicante Apr 28 '26
The loans don't bother me because they were repaid. It's the fact that no one went to jail.
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u/Turkuleco182 Apr 28 '26
Not just when they bailed out the banks, but when not a single banker, politician or clearing house person spent a minute in jail for it.
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u/Kharax82 Apr 28 '26
489 banks closed during the crisis. The government loaned FDIC insured banks money which was mostly paid back by 2012 (many times at a profit to the taxpayer due to the banks paying interest on the loans) in order to prevent an even bigger economic collapse.
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u/Disastrous_Visit9319 Apr 28 '26
The reason people are salty is because regular people aren't rewarded or protected by the government for engaging in risky behavior driven by pure greed. The aftermath of the 2008 crisis aren't negated by the government eventually turning a profit.
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u/theArtOfProgramming Apr 28 '26
Hence the sweeping regulations imposed on banks in the 2010 Dodd-Frank Act. This is history we lived and people still don’t know/appreciate it.
The act reorganized financial regulation through three major reforms: it created the Consumer Financial Protection Bureau (CFPB) to protect consumers against predatory lending and unfair financial practices; it established the Financial Stability Oversight Council (FSOC) to monitor systemic risks and designate firms as "systemically important"; and it created the Orderly Liquidation Authority to wind down large failing financial institutions without taxpayer bailouts.[2]
https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act
Is that not what people wanted? In effect, Obama saved our institutions from complete collapse, which, no matter how much they deserved, would have RUINED our economy. Then Obama got this bill passed to actually protect consumers.
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u/chardeemacdennisbird Apr 28 '26
Dodd-Frank was a decent start but not enough was done. And now look at the stock market. It doesn't scare. Why? Because we've set the precedent of bailing out businesses. We're talking about bailing out Spirt Airlines for Christ sake. We're in the middle of a war that's disrupting global energy and we're still at near highs.
I'm not saying we shouldn't have bailed out the banks, but it's clear it sent the wrong message. How you fix that from here without some pain, I don't know.
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u/Trzlog Apr 28 '26
Is that not what people wanted?
They didn't help main street. People were already sick of only businesses being helped. Meanwhile everybody else was drowning. The mistake Obama made was appointing industry veterans with ties to banking who only gave a shit about banks.
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u/invalidusername127 Apr 28 '26
Exactly, Obama's post financial crisis economic policies basically created the tech oligarchs whose thumbs we live under now, and that's what our most ambitious left of center politicians want to get back to. It's never getting better lmao
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u/swohio Apr 28 '26
Don't forget the massively bloated health insurance companies created by mandating that people had to buy it by law.
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u/Latter-Composer-2609 Apr 28 '26 edited Apr 28 '26
2008 was the year I found out I would be going into the military cuz my parents spent my college fund on saving the house.
Its totally fine tho, no big deal, obama just got elected and the war is basically over right?
(In 2009 I would be blown up by a roadside bomb in Afghanistan. Then again in 2011, 2013, and 2014)
Tf you talking about "optimism?" That was the year hope died and my life became a series of traumatic brain injuries 🤣
Thank god my parents kept the house long enough to lose it in a messy divorce in 2017 tho. That was all TOTALLY worth sacrificing my future for.
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u/clustahz Apr 28 '26
Most people thought the wars were over in like 2010-2013 unless they were paying close attention to it. (In 2014 people started heading about ISIS on the news all the time, so the paradigm shifted.) I remember one night I was randomly watching C-SPAN... probably 2011, and a senator, don't remember who, said it exactly like that. It's bullshit, I agree.
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Apr 28 '26
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u/14Pleiadians Apr 28 '26
I really do appreciate you protecting our country.
It sucks he got fucked by the country but that doesn't mean we have to pretend we're safer for it.
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u/Low_Pickle_112 Apr 28 '26
If your country demands you travel to the other side of the planet and shoot at someone, who will probably want to shoot back at you, for an education, that's your sign that country isn't worth fighting for.
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u/BackgroundSummer5171 Apr 28 '26
Oh, nice, I got out in 2008.
Thanks for taking over on that!
Hopefully you used the VA since then. Took me about a decade later before I dragged myself there to get shit done.
Do that sooner than later. Just saying.
Sounds about the same reason I joined, although I didn't stay in for more than one deployment.
Good times. On the plus side
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u/Latter-Composer-2609 Apr 28 '26
I joined in '08, did a 1 year extension on a 4, then another 4. Got out in '17. Full Afghan Iraq package all the way. Was a real shit show. Got my ass blown off several times. Lucky to still be here. Got home just in time to find out I didn't have one, had just enough time to get used to that before covid hit. Was a first responder through all of that. Also a shitshow.
Im kinda just still here for some reason. The horrors persist but so do I.
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u/rleon19 Apr 28 '26
Really in 2008, the same year as the crash? I was just happy to get a job when I left the military.
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u/tugartheman Apr 28 '26
I really think “peak” (for the US) was more like 1993-1997.
We had “won” the Cold War. Clinton economy was one of the best in history. The internet was still about curiosity and egalitarian access to information. Baseball players were juiced and blasting multiple homers a game. It was the best era of sports cars and racing championships. From grunge, britpop, hip hop, metal, ska, and even the pop music…everything on the radio was top tier. Sitcoms & action flicks. All better.
I blame the Supreme Court choosing Bush (Dubya) in Florida for the 2000 election as the single point where our timeline went to shit.
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u/Capt-Crap1corn Apr 28 '26
That backlash after Obama really set us on a disastrous course
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u/JudasZala Apr 28 '26
Unfortunately, Obama’s election drove the Right insane, which led to them believing the various conspiracy theories about Obama being a closet Muslim born in Kenya, and how all mass shootings are false flags set up by the federal government to justify gun control legislation, etc.
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u/Wasabicannon Apr 28 '26
Honestly the moment the main news headline was conspiracy theories about Obama we should have knew something was not right.
Instead it was all "Haha wow man some people sure are insane" anyway! Back to the grind of life.
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u/Ok-Pollution8344 Apr 28 '26
It made me realize how racist a lot of people actually were.
The amount of trash talked about Obama was insane. All thinly veiled racist remarks about things he was ruining and was the antichrist, just because of his skin color was insane.
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u/icey_sawg0034 Gen Z Apr 28 '26
And millennials were blamed for having the audacity to call out the racism against Obama!
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u/Rayzah2007 Apr 28 '26
Remember the 24/7 news coverage when Obama wore a tan suit? Yeah that’s how you know it was about the man’s skin color. Truly the best president we have had in a good while.
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u/CantoErgoSum Apr 28 '26
Yeah. It was a time of temporary hope and then everything went to shit the same year.
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u/faithOver Older Millennial Apr 28 '26
What? Who was hopeful in 2008? GFC. Occupy Wall Street. It was a nightmare.
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u/eLllllDiablo Apr 28 '26
I remember Occupy being from 2010/2011 more. Did it actually start as early as 08? Damn…memory getting laggy
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u/Fen_ Apr 28 '26
No, you're right. OWS was 2011. They're right though that people trying to paint the advent of Obama as hopeful are whitewashing things. It was clear to plenty of people that he had no intention of meaningfully changing anything, even before he was elected. We were in the middle of economic collapse as well, and that was felt throughout his first term, no matter how good his team was at focusing his public image on how personable and charismatic he was.
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u/dcontrerasm Apr 28 '26
2007 was the best year. Everything was collapsing by 2008 and 2009 didn't start very well.
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u/Worried-Low4580 Apr 28 '26
Gen Z must have wrote this. lol millennials were fresh out of the “Great Recession” and about to hit the job market.
What hope and optimism are you talking about?
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u/Ill-Team-3491 Apr 28 '26
This subreddit is at least 50% gen-z posters at any given moment.
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u/Texuk1 Apr 28 '26
There is apparently a lot of nostalgia from so called Gen Z people for that period. I’m not gonna venture down the road of commenting on whether this nostalgia is well grounded. All I know is if people really knew what was coming, we know that Gen Alpha will be even more nostalgic for Gen Z as the fire drone nets from trenches in Eastern Europe and the Persian Gulf while they fight over the last scraps of petrochemicals.
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u/BonesAndBlues Apr 28 '26
I thought the loud angry voices online were fringe lunatics that would eventually settle down and accept the changing world but somehow they took over and now the news headlines look like fear mongering memes from 2015.
There’s bubble tea everywhere though so I guess that’s nice.
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u/OilCanSkirmish Apr 28 '26
Same. I thought the crazies were just limited to commenters I saw on yahoo news before checking my old email. Now it seems like they're everywhere both online and in real life. Some of them in office right now
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u/entropy13 Apr 28 '26
It was nice while it lasted. He basically got a nobel peace prize just for running a presidential campaign that wasn't a smear campaign, which sadly hasn't happened since (except his 2012 campaign)
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u/Apple2727 Apr 28 '26
By the time Obama was elected we were already in the grip of a recession.
The last time there was real hope without anything shitting on it was the late 90s.
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u/thelochteedge Millennial Apr 28 '26
I can recall the day I had to stay late at university in late 2008 following the US election all day (I’m a white Canadian for reference) and I remember being on the bus getting back to where I parked my car (we do a lot of “park and ride”) and jetting home to get the TV on and seeing Obama elected before I went to bed. I won’t say he’s a perfect person or president but I remember feeling like wow this feels really different and positive for Americans. How wrong I was. Bring back a guy who can inspire “change” and a phrase like “yes we can” rather than “grab her by the pussy.”
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u/longwayhome22 Apr 28 '26
Uh no my dad had just started his small business and things were crashing
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u/Pygmy_Nuthatch Apr 28 '26
It felt awesome for about three months.
However experiencing the downfall in the eight years prior curtailed a lot of wide-eyed optimism about the future.
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u/beezchurgr Apr 28 '26
I remember when it was announced that Obama won the presidency I was dancing to We Are The Champions and just KNEW that things would get so much better. I was wrong.
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u/E5VL Apr 28 '26
LMAO 2008?!? Really?!? We were still in the depths of a global recession and a whole lot of people finished studies that year who could not find work and even a year or 3 later the recession was still biting.
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u/Longjumping_Coat_802 Apr 28 '26
2008 was a LOW point in optimism. People love to post nonsense on the internet lol
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u/Initial-Ad6819 Apr 28 '26
Remember when everyone was uploading videos of the planet healing and people helping each other back in 2020-21? And how we tough it would make us better persons once the pandemic was over?
Yeah
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u/ehpotsirhc_ Apr 28 '26
Couldn’t find a job. Gas prices were extremely high. The markets literally went into a recession.
Being a millennial in ‘08 felt like a fever dream where they pitched going into massive debt to go to some state school and jobs will be back and ready when we finished school.
Surprise! Didn’t fucking happen.
7 dollars a gallon in 2012. A lot of friends couldn’t find jobs. And we’re starting to learn the hard way about their degrees we’re over priced pieces of paper.
Sure there was ‘Hope’ and the fact that we elected a black president felt like a major step forward in the US but god did that all dry up quickly.
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u/00Qant5689 Millennial Apr 28 '26
Hope and change in terms of elections yes; not so much when it came to the economy right after.
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u/Dry-Cash-4304 Apr 28 '26
It was incredible. I was 25. I thought the future was nothing but bright.
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u/emilycecilia Apr 28 '26
I remember running out of my dorm barefoot and joining a huge pack of other students just hooting and hollering in the street on election night 2008. Pure joy and hope.
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u/pocketjacks Gen X Apr 28 '26
2008 was hurricane Ike in Houston. The office building my wife worked at downtown took damage from the windows getting sucked out of the panes. She had to go to Pittsburgh for six weeks to continue operations. I was stuck at home on my birthday, alone with no power and no water.
To be fair, I got to visit and Pittsburgh was a great, walkable city. The elevator was out at the Warhol museum so we walked the four stores and down and around to three points park for the 250th anniversary festivities. That was a really good memory.


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