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re: The High Cost of a Home Is Turning American Millennials Into the New Serfs
Posted on 8/21/17 at 5:14 pm to Pecker
Posted on 8/21/17 at 5:14 pm to Pecker
quote:
More millennials, notes a recent White House report, face far longer period of unemployment and suffer low rates of labor participation. More than 20 percent of people 18 to 34 live in poverty, up from 14 percent in 1980.
That doesn't necessarily mean the generation is lazy. Even those with "good" degrees are facing tougher times than their parents.
Posted on 8/21/17 at 5:17 pm to NIH
quote:
doesn't necessarily mean the generation is lazy. Even those with "good" degrees are facing tougher times than their parents.
Its almost as if millennials never heard of 20% interest rates, inflation, high unemployment, mfg shutting down and gas lines of the 70s and 80s.
Posted on 8/21/17 at 5:20 pm to NIH
quote:
That doesn't necessarily mean the generation is lazy. Even those with "good" degrees are facing tougher times than their parents.
I don't think the trope of young people being lazy is necessarily true. I think the problem is a lot of younger people are making poor decisions after high school. People who make good decisions are doing well.
quote:
A large chasm has opened between the fates of young liberal-arts majors and their peers in STEM (science, tech, engineering, and math) fields. The former are struggling to find work that pays, at least before their late twenties. The latter are mostly finding lucrative work after they graduate.
Posted on 8/21/17 at 6:37 pm to NIH
quote:
Even those with "good" degrees are facing tougher times than their parents.
Oh, bullshite. Be the cream because it rises to the top. Be lazy in school and life and guess what you get? Average. People need to aspire for more than average.
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