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re: Millennials being squeezed out of middle class, says OECD

Posted on 4/11/19 at 11:09 pm to
Posted by Adam4LSU
Baton Rouge
Member since Mar 2008
13760 posts
Posted on 4/11/19 at 11:09 pm to
Sorry, thought we were talking about middle class neighborhoods here
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
139098 posts
Posted on 4/12/19 at 2:02 am to
Posted by Meaux Bettah
Tiger Nation
Member since Nov 2011
2591 posts
Posted on 4/12/19 at 3:12 am to
There is no middle class.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 4/12/19 at 3:35 am to
lol that true too
Posted by dgnx6
Member since Feb 2006
80147 posts
Posted on 4/12/19 at 7:14 am to
quote:

Millennials better snap out of their Democrat-induced socialist coma if the want to live above the level of “existence”.


Most of my millennial friends voted for Trump. We do live in the south, so there is that.

It's like the poster above said. The older millennials are approaching 40.
Posted by dgnx6
Member since Feb 2006
80147 posts
Posted on 4/12/19 at 7:18 am to
quote:

Here's a list of median prices in cities across the country


Wonder how accurate that is.

Take Nola. Yeah you can find a house for under 180k. But it will be falling apart.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
35387 posts
Posted on 4/12/19 at 7:30 am to
quote:

Generations are always funny. I'm 1988 and have few things in common with someone in 1996

Right, I'm 1987 and I was trying to explain to my SIL that we don't have enough in common in how we grew up to be in the same generation, she was born in 1995. People who were born in 1981 probably didn't have the internet until they were out of high school and people born in 1995 probably don't remember a time without the internet.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 4/12/19 at 7:40 am to
quote:

Earlier you said it wasn't true that millennials have shitty degrees and work at Starbucks and that only dumb "old folks" believe that......now you say those same people don't make over $18.75..........tell me more how dumb other people are ......you're admitting these art idiots can't make a decent living......well no shite




You are falsely assuming these are the exact same group. Just like typical olds, you have no idea what percentage of people hold a degree and what life is life for those with only a highschool diploma in 2019.
Posted by Centinel
Idaho
Member since Sep 2016
44051 posts
Posted on 4/12/19 at 7:54 am to
quote:

smart people


Not when you can't afford it and instead bitch and moan about how it's not fair you can't live your preferred lifestyle straight out of school.

That's not how the world works. You may want to live the cool urban hip lifestyle, but unless daddy set up a trust fund for you, it ain't happening unless you're willing to cram yourself in a small apartment or have roommates.

You have choices. Stop bitching about it.



This post was edited on 4/12/19 at 7:59 am
Posted by Antonio Moss
The South
Member since Mar 2006
48709 posts
Posted on 4/12/19 at 7:54 am to
I’d be interested to see the breakdown by degrees. I’m technically in the upper end of the millennial generation and every single person within my social circle is solidly in the middle class or higher.

Posted by Centinel
Idaho
Member since Sep 2016
44051 posts
Posted on 4/12/19 at 8:00 am to
I'm at the tail end of GenX and ditto. I can't think of a single friend, either here or back home, who are not middle class...and most are upper-middle. A few have broken solidly in to "rich".

The interesting part is the wealthiest person I know started off as a mechanic.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452534 posts
Posted on 4/12/19 at 8:08 am to
quote:

Generations are always funny. I'm 1988 and have few things in common with someone in 1996, much less 1981 to 1996.

i've been saying for years that with the rapid changes in technology (esp in terms of how we interact and ideas spread), generations are going to get smaller and smaller. it made my heart smile when they crafted the xennial designation for my people who aren't Gen X but aren't really "millenials" either. the people who grew up as kids without the internet and then grew with the internet
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452534 posts
Posted on 4/12/19 at 8:11 am to
quote:

That's not how the world works. You may want to live the cool urban hip lifestyle, but unless daddy set up a trust fund for you, it ain't happening unless you're willing to cram yourself in a small apartment or have roommates.

the biggest problem with the coastal bohemians is they forget that bohemian living for the non-rich is shitty

these modern kids are too spoiled and won't live in rough areas with brown/black people until the gays tame it first via gentrification

they also want status/prestige jobs

i'll let Kobe summarize:

Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42094 posts
Posted on 4/12/19 at 8:12 am to
Im 86 and grew up not knowing what a cell phone was. Yet I am supposed to have common traits with someone born in 2000?

Yeahhh nah baw.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452534 posts
Posted on 4/12/19 at 8:14 am to
quote:

'm at the tail end of GenX and ditto. I can't think of a single friend, either here or back home, who are not middle class...and most are upper-middle. A few have broken solidly in to "rich".

The interesting part is the wealthiest person I know started off as a mechanic.

same but my data set is very skewed. a lot of my friend group from school are gifted so their IQs aren't normal. and then i live in an area where uneducated people make 6-figures on the reg

however, two of the more successful people i know are pretty much self made. one is from a well off family but he didn't start out that way and when i first met him he was in recovery and was a low-level realtor. now he owns a development company and is worth mucho. another person i met was a "paralegal" as a firm that neighbored the one i started out as. she broke away and started a medical records processing business as well as a few other businesses and she just posted about buying a classic muscle car at an auction

of course we all live in a "boring" town
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
35387 posts
Posted on 4/12/19 at 8:16 am to
quote:

I can't think of a single friend, either here or back home, who are not middle class...and most are upper-middle

Same, everyone in our social circle (40+ people aged 26-32) is at a minimum middle class, a decent percentage would be considered "upper-middle" (or upper, whatever is above what most are considering the middle class band in this thread).
Posted by Antonio Moss
The South
Member since Mar 2006
48709 posts
Posted on 4/12/19 at 8:16 am to
quote:

the biggest problem with the coastal bohemians is they forget that bohemian living for the non-rich is shitty


I haven’t dove headfirst in the research but my first reaction is that this complaint is coming from people with non-marketable degrees seeking housing and employment in thriving urban areas.

Clearly, life is going to be difficult if your education is in family studies and you’re trying live in Manhattan.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
30095 posts
Posted on 4/12/19 at 8:18 am to
I never cease to be amazed at how often Millennial threads get posted yet still manage double digit page counts every time
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452534 posts
Posted on 4/12/19 at 8:19 am to
well yeah but those people did exist in the past, it's just that they understood what the life they were getting into meant

social media has made every young kid think they're a "creator" and part of the artist class, but they want to live like a yuppie

sure, you get to be punk rock and tell your parents to frick off



but if you survive, in the end?

Posted by fallguy_1978
Best States #50
Member since Feb 2018
51952 posts
Posted on 4/12/19 at 8:19 am to
quote:

I'm at the tail end of GenX and ditto. I can't think of a single friend, either here or back home, who are not middle class...and most are upper-middle.

I can think of a few that I grew up with but it's their own fault. If you can't make a middle class income by 30, it's your fault, not society's.
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