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re: Millennials earn 20% less than baby boomers did—despite being better educated
Posted on 11/5/19 at 9:22 pm to hubertcumberdale
Posted on 11/5/19 at 9:22 pm to hubertcumberdale
quote:
And the flow of today’s paychecks is less predictable due, in part, to the effects of the Great Recession
70s to the early 80s was a shitshow. High unemployment, inflation, extremely high interest rates. Manufacturing died, hundreds of thousands lost jobs
Your revisionist history is terribly wrong.
4
Posted on 11/5/19 at 9:25 pm to Ace Midnight
quote:
Gen-Z - Too early to tell
You sure? Those frickers were eating Tide Pods.
Posted on 11/5/19 at 9:26 pm to hubertcumberdale
quote:
So, in short, boomers benefited off the success of their parents by getting jobs in a booming post war economy with no education, and have since hoarded more and more of their money, creating one of the biggest wealth gaps observed in modern history.
Have US baby boomers had it easier than any other generation in the history of the world?
You aren't supposed to notice or care about what the boomers did. Download another app.
Posted on 11/5/19 at 9:31 pm to RogerTheShrubber
quote:
70s to the early 80s was a shitshow. High unemployment, inflation, extremely high interest rates. Manufacturing died, hundreds of thousands lost jobs
Your revisionist history is terribly wrong.
Posted on 11/5/19 at 9:33 pm to RogerTheShrubber
quote:
70s to the early 80s was a shitshow. High unemployment, inflation, extremely high interest rates. Manufacturing died, hundreds of thousands lost jobs
Stagflation was a bitch.
Posted on 11/5/19 at 9:36 pm to lsupride87
quote:
Milennials graduate with the highest pct of STEM degrees for any generation ever
Sweet talking point though
And the millennials I know with them are doing just fine and don’t sit around complaining. Most are making much more than their parents at similar ages.
Posted on 11/5/19 at 9:47 pm to hubertcumberdale
This period of our history will be known as the age of the skimmers, people who produce nothing will benefit the most.
Looking at you accounting and procurement...
Looking at you accounting and procurement...
Posted on 11/5/19 at 9:48 pm to Martini
Weren’t boomers making $10/hr at the plant while being able to afford 2 Catholic school tuitions, a mortgage and 2 car notes when they were 30.
Posted on 11/5/19 at 9:53 pm to ellishughtiger
quote:
Weren’t boomers making $10/hr at the plant while being able to afford 2 Catholic school tuitions, a mortgage and 2 car notes when they were 30.
No we have been stealing from the government forever so people your age could get fricked up the arse with debt.
The plan is really coming together!!!
Posted on 11/5/19 at 9:54 pm to ellishughtiger
Don’t know. I made $10 hour in high school in the $70’s.
This post was edited on 11/5/19 at 9:54 pm
Posted on 11/5/19 at 10:14 pm to hubertcumberdale
Work ethic. They haz it.
Posted on 11/5/19 at 10:14 pm to hubertcumberdale
quote:
So, in short, boomers benefited off the success of their parents by getting jobs in a booming post war economy with no education, and have since hoarded more and more of their money, creating one of the biggest wealth gaps observed in modern history.
Please.
Get an education that will lead to employment. Degrees to “follow your passion” was a dumb idea. Stop blaming everyone and get to work.
Posted on 11/5/19 at 10:28 pm to Alltheway Tigers!
quote:
Get an education that will lead to employment. Degrees to “follow your passion” was a dumb idea. Stop blaming everyone and get to work.
To be fair, many young people were strong-armed (if not forced) by their parents to go to college. There wasn't a real emphasis on why they needed to go or what they needed to study. Just that there was no option to say no. Had they not been forced to go, they could have entered the workforce and now been much farther ahead than they currently are.
For the few in my friends circle that were pushed into certain majors (female), they had never displayed a strong proficiency in math or science - yet their parents were trying to force them to be medical professionals, dentists, etc. They bombed the courses semester after semester because they aren't math/science-minded.. And ultimately had to graduate in whatever the quickest and easiest way out was, just to stop the tuition bleed and find a job. Then when they went job seeking, they had no background or experience, plus a crappy degree, so they had to sit at the front desk somewhere making maybe $30k.
I don't think there's something wrong with going to school for something that isn't a complete joke and can be used in a smart way to get an okay job. I do, however, laugh at the ridiculous majors like Theatre or Performing Arts, Fashion Design, etc.
This post was edited on 11/5/19 at 10:30 pm
Posted on 11/5/19 at 11:24 pm to Alltheway Tigers!
quote:
Get an education that will lead to employment. Degrees to “follow your passion” was a dumb idea.
Boomers received humanities/liberal arts degrees at a higher rate than any other generation.
Posted on 11/5/19 at 11:27 pm to hubertcumberdale
Millennials are weak and lazy so this isnt surprising
Posted on 11/5/19 at 11:27 pm to hubertcumberdale
Lies, damned lies, and statistics!
I am surprised that millennials only make 20% less. I graduated college 22 years ago. All of my best friends from college are engineers, doctors, dentists, lawyers, business owners, nurses, etc. Now the most popular degrees are nursing, psychology, criminal justice, communications, etc.
My starting salary 22 years ago is more than the mid-career salaries of those occupations today.
A master's degree in library science and working at Starbucks is not the fault of boomers or Gen X. With less focus on STEM degrees and more Diversity and Community Organizer degrees, good luck closing that wealth gap, millennials.
I am surprised that millennials only make 20% less. I graduated college 22 years ago. All of my best friends from college are engineers, doctors, dentists, lawyers, business owners, nurses, etc. Now the most popular degrees are nursing, psychology, criminal justice, communications, etc.
My starting salary 22 years ago is more than the mid-career salaries of those occupations today.
A master's degree in library science and working at Starbucks is not the fault of boomers or Gen X. With less focus on STEM degrees and more Diversity and Community Organizer degrees, good luck closing that wealth gap, millennials.
This post was edited on 11/5/19 at 11:37 pm
Posted on 11/5/19 at 11:28 pm to MexicanTiger97
quote:
A master's degree in library science and working at Starbucks is not the fault of boomers or Gen X. With less focus on STEM degrees and more Diversity and Community Organizer degrees, good luck closing that wealth gap, millennials.
Ok boomer
Posted on 11/5/19 at 11:36 pm to JohnnyKilroy
quote:
quote:
A master's degree in library science and working at Starbucks is not the fault of boomers or Gen X. With less focus on STEM degrees and more Diversity and Community Organizer degrees, good luck closing that wealth gap, millennials.
Ok boomer
I said I graduated from college 22 years ago. That puts me in my early 40s. I can tell you don't have a STEM degree since you cannot even add or reason.
Posted on 11/5/19 at 11:38 pm to Dam Guide
quote:
The best thing about boomers is they are dropping like flies, good riddance.
yup 100
I can't wait until I wake up one morning knowing that all boomers have perished
Posted on 11/5/19 at 11:42 pm to Scruffy
quote:
50% of baby boomers have zero retirement savings, and ~70% have less than $100k in retirement savings.
if true lmao. what a worthless arse generation. 70% of boomers don't even have 100k in retirement.
I can't wait to tell all my zoomer friends that. we can't stand boomers with a passion
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