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Started By
Message
re: Baby Boomers: The Entitled Generation?
Posted on 8/28/15 at 8:42 am to dinosaur
Posted on 8/28/15 at 8:42 am to dinosaur
quote:
One generation being more intelligent than another?
it's called the flynn effect
quote:
but to blame an entire generation because your life is not what you would like it to be?
MY life is fine. i'm not speaking about me. i'm speaking about raw data and the reality of being a 20-30 year old in modern America
for the record, i'm probably not a "millenial" b/c i'm 32. i kind of sit across multiple generations
quote:
And to say your expectations are what we had is bullshite. We all grew up with the "you can be anything" garbage. It didn't take long to realize that some people aren't able to be successful at anything.
but the opportunities are completely different. and that opportunity issues that the millenials face are not due to anything they have done, yet they are blamed for it. it's a raw deal (hence why i am bringing up facts)
the younger generations were born with $100-200k in debt at fricking birth. then they are brought into a society where mid-level employment is disappearing, so they go to college...and due to government policy (of the boomers), their college education is inflating at insane rates. they do not face the same educational opportunities (in terms of cost) that boomers did. so now on top of that $100-200k in debt at birth, they have to incur $50-100k in debt to get an opportunity at the modern economy. when they enter that modern economy, their wages are suppressed because there are too many boomers who are working very late into life to afford their materialistic chocies, which also inflates the prices of real goods. add in a monetary policy of the boomers to inflate the frick out of our goods, and this further destroys teh earning power of the paltry job opportunities that are presented these kids who are now in super debt
oh yeah, and the boomers expect that when they do retire, the kids assume the tens of trillions in unfunded liabilities that the boomers expect them to pay (when the kids receive nothing in return). so this debt is expanded expnentially and pushed upon these kids due to their birth.
quote:
The biggest difference in the generations is that your group looks to blame someone else instead of just dealing with reality.
the reality kids 20-30 face are shite
the scarier reality is the one they face in 10 years when they are forced to subsidize the lives of the boomers
3
Posted on 8/28/15 at 8:53 am to SlowFlowPro
quote:
then they are brought into a society where mid-level employment is disappearing, so they go to college...and due to government policy (of the boomers), their college education is inflating at insane rates. they do not face the same educational opportunities (in terms of cost) that boomers did.
Mid Level employment is not disappearing, it's just been redefined. There is some crazy expectation often expressed on this board that making $100K 2 years out of college is the norm and people want the immediate rewards of the education. It's a different kind of work ethic based on education, while in the past, it's been about hard work and building a career. We are all too dismissive of the trades as a solid and financially rewarding career path. The cycle of learning a trade, getting a lower entry-wage job, becoming very good at it, starting your own business, then hiring others to make money for you and building a business is no longer an aspiration.
I completely agree that the cost of college education is a ridiculous burden with a questionable ROI. I'm only 45 and my college tuition was ~1200/semester, that's crazy inflation in 25 years.
I still maintain that hard work, talent, and social skills result in success.
Posted on 8/28/15 at 9:23 am to SlowFlowPro
quote:
MY life is fine. i'm not speaking about me. i'm speaking about raw data and the reality of being a 20-30 year old in modern America
for the record, i'm probably not a "millenial" b/c i'm 32. i kind of sit across multiple generations
Yea, there's the disconnect here.
My life is awesome. I have undergrad and graduate degrees from two of the best universities in the country. I've worked my arse off and get paid well for what I do. I'm not talking about myself here.
I can still recognize that the Boomer financial burden and horrid economic conditions are going to leave my generation in a shitter for a very long time. These people - Work hard! Make opportunity! I started three companies! - just cannot recognize that.
Oh yea, I also fought in a war and lost friends in a war started by Boomers and fought almost exclusively by Millennials. So they can get right the frick out of here.
Posted on 8/28/15 at 11:39 am to SlowFlowPro
quote:
The scarier reality is the one they face in 10 years when they are forced to subsidize the lives of the boomers.
This seems to be a big point of contention with younger generations. I really don't blame them either. I felt like I was robbed when I saw this money being stolen out of my check for the first time...and every single time after that. This is one of the few opinions that have never changed since I was 16. Most of the rest of them have changed pretty dramatically.
Over the years that I've been signed up here, yours have too, SFP. 32 is a long way from 22 in the world of hard knocks.
I HATE SS. I'm 54. I say lets just do away with it. Now. But be fair when doing it. Just give me my money back and stop the theft. Cut me a check with interest and I'll be just fine. Just what was taken without my consent. Nothing more.
I'll be just fine.
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