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re: Baby Boomers: The Entitled Generation?

Posted on 8/28/15 at 9:35 am to
Posted by flyAU
Scottsdale
Member since Dec 2010
24851 posts
Posted on 8/28/15 at 9:35 am to
quote:



L.O.L.

I literally dont know a single person with this attitude. Most people just want a stable job.


I graduated in the last decade and am not a boomer by any means, but there certainly are many that expect that since they went through college that things should be layed out in front of them. My wife works with a couple new grads (guy from Bama, girl from KSU) he is just miserable about his job, she bitches constantly even though they are with a company that will give them solid experience.

Because of the economy I had to wait tables after graduating for about 8 months. Then did door to door business telephone line sales. It sucked very very badly. Things picked up and finally started on my career a bit late.

Personally I think its best if people have struggles they have to overcome early in their career as it engrains in you that you can make it through it.

In all, it is incorrect to label a generation one way or another. My dad knows his dad sacrificed a lot to allow him to get into college and have the life he lived. It is the same reason he never complained about helping his kids have the same opportunity. Same reason I won't if I do have kids.
This post was edited on 8/28/15 at 9:39 am
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55662 posts
Posted on 8/28/15 at 9:36 am to
You're an idiot if you can't accept that gen y has been dealt a shitty hand. Every piece of data proves this.
Posted by Lou Pai
Member since Dec 2014
28123 posts
Posted on 8/28/15 at 9:36 am to
quote:


Then you get to boom3r monetary policy, which makes getting a loan for a small business almost impossible (esp without the history in the industry that licensure and the lack of jobs prevent the entrepreneur from attaining)


Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 8/28/15 at 9:37 am to
quote:

The worst is the current college group that is graduating and expecting to make top dollar with no practical experience. 
Yeah that's not true at all
actually....it is from my experience.
Posted by Lou Pai
Member since Dec 2014
28123 posts
Posted on 8/28/15 at 9:38 am to
quote:

not having any earning potential drowned by insane inflation caused by monetary policies of the boomers


Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 8/28/15 at 9:39 am to
quote:

This chic majored in Theater and is now selling her degree for 50,000 on eBay because she can't find a job after 4 years


What kind of loser can't find a job in theatre?

the same retard that thinks you can just sell a degree and someone else can use it.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55662 posts
Posted on 8/28/15 at 9:40 am to
Is 45k "top dollar?"
Posted by flyAU
Scottsdale
Member since Dec 2010
24851 posts
Posted on 8/28/15 at 9:42 am to
quote:

Is 45k "top dollar


For what job?
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57457 posts
Posted on 8/28/15 at 9:46 am to
quote:

Are you really comparing the ancient world to the complex, interdependent global economy we have today?
sure. if those comments can take far fetched accusations why cant I? Hell lets compare it to the 1929 market if you really want to....

Hey im not taking up for Boomers but these memes are dumb as shite.

I was born in the 80's and i love the ladies.
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
48389 posts
Posted on 8/28/15 at 9:48 am to
. . . and yet the younger generations are the ones who put Obama into office twice!

Go figure.

Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8008 posts
Posted on 8/28/15 at 9:49 am to
quote:

Lou Pai


He's not really wrong.

Since 1980 or so inflation has been absolutely ridiculous in the big three (education, healthcare, real estate) that aren't factored into traditional CPI measures.
Posted by yellowfin
Coastal Bar
Member since May 2006
97647 posts
Posted on 8/28/15 at 9:51 am to
looks like those millennials should go work offshore according to this

Posted by CajunAlum Tiger Fan
The Great State of Louisiana
Member since Jan 2008
7873 posts
Posted on 8/28/15 at 9:58 am to
quote:

You're an idiot if you can't accept that gen y has been dealt a shitty hand. Every piece of data proves this.



Name calling always works well in a discussion, right?

Everyone can find excuses for their failures in life. Some choose not to.

I'm no boomer and I guess I'm generation X if we all need a label and I grew up in a middle class family. I was blessed with intelligence and cruised through high school only to struggle in college because I didn't know how to work. I failed early and often career wise and I made plenty of excuses, but I finally took responsibility for my future, learned how to work and started down a career path towards what I would define as success today.

This "hand" you've been dealt is just an excuse, so what are you going to do about it?

There are plenty of opportunities for the taking.





Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55662 posts
Posted on 8/28/15 at 10:03 am to
An excuse for what?

The statistics back me up. Baby boomers fricked us financially and economically. It really isn't up for debate.
Posted by AthensTiger
Athens, GA
Member since Jul 2008
2977 posts
Posted on 8/28/15 at 10:09 am to
I'm a boomer



^^^^^^millennials, gen y's, etc
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8008 posts
Posted on 8/28/15 at 10:11 am to
quote:

Name calling always works well in a discussion, right?

Everyone can find excuses for their failures in life. Some choose not to.

I'm no boomer and I guess I'm generation X if we all need a label and I grew up in a middle class family. I was blessed with intelligence and cruised through high school only to struggle in college because I didn't know how to work. I failed early and often career wise and I made plenty of excuses, but I finally took responsibility for my future, learned how to work and started down a career path towards what I would define as success today.

This "hand" you've been dealt is just an excuse, so what are you going to do about it?

There are plenty of opportunities for the taking.


Whoosh.

That's not the point at all. Scruffy is a med school student; SFP is an attorney; I am a management consultant and former infantry officer. Virtually all of the Millennials piping up in this thread are doing well professionally and have worked their arses off to get where they are and aren't putting up individual excuses.

We're talking on more of a macro level. Anyone who has even a cursory understanding of finance and sociology should understand this.
Posted by Lou Pai
Member since Dec 2014
28123 posts
Posted on 8/28/15 at 10:12 am to
Monetary policy has very little to do with those areas. The only way to measure inflation is to compare like-for-like, which is why measures like the CPI are used to understand the cost of living. The reasons those 3 aspects of the economy may seem inflated are idiosyncratic, with real estate being the only part that is at least moderately affected by monetary policy.

Aside from the fact that monetary policy isn't even decided by some democratic process, it's ridiculous to assume your average baby boomer knows what the hell it even is, especially when the millennial citing it clearly doesn't. That makes blaming them so idiotic.

I know I'm going down the rabbit hole here a little bit, but it just goes to show you how ridiculous people are about assigning blame to entire generations of people.
Posted by To the Dome
Member since Aug 2015
680 posts
Posted on 8/28/15 at 10:14 am to
this thread is funny.. Bitch bitch bitch.. I had a manger have a discussion with me about this. I asked how much he made when he first started he said $6.50 hr in 1980 which is still more than I'm making now with a degree and 3 years experience adjusting for inflation
Posted by Raleigh Tiger
Raleigh, NC
Member since Oct 2003
614 posts
Posted on 8/28/15 at 10:15 am to
Boomer here. My son graduated from college and is now in Grad school with zero debt. I paid for everything, including his apartment. I don't make a ton, but I do okay. I started at the bottom and worked my way up. It took years (a lot) but I stuck it out. I do not have a pension, but I will retire no later than 62 and hopefully at 58.
For those complaining about no good jobs, try IT. There are tons of high paying jobs fresh out of college. Interns where I work make $25 per hour. I was listening to someone yesterday complaining they need 6 people and can't fill the slots.
For some reason not many Americans are graduating in computer science, so I am surrounded by Indians. They are gladly scooping up all these good jobs that no one else seems to want.

Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8008 posts
Posted on 8/28/15 at 10:19 am to
quote:

Monetary policy has very little to do with those areas. The only way to measure inflation is to compare like-for-like, which is why measures like the CPI are used to understand the cost of living. The reasons those 3 aspects of the economy may seem inflated are idiosyncratic, with real estate being the only part that is at least moderately affected by monetary policy.

Aside from the fact that monetary policy isn't even decided by some democratic process, it's ridiculous to assume your average baby boomer knows what the hell it even is, especially when the millennial citing it clearly doesn't. That makes blaming them so idiotic.

I know I'm going down the rabbit hole here a little bit, but it just goes to show you how ridiculous people are about assigning blame to entire generations of people


You are correct that healthcare really isn't, but I would probably argue education - higher education, at least - is affected by monetary policy as well. Cheap dollars have to flow somewhere, and people still largely see higher education as an investment vehicle.

I think the larger point - that there are huge hidden costs for this generation that didn't exist for prior generations - still stands. I'd agree with you that monetary policy only plays a small part.
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