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Message

re: Millennials earn 20% less than baby boomers did—despite being better educated

Posted on 11/6/19 at 8:45 am to
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 11/6/19 at 8:45 am to
quote:

They aren’t more educated, they’re more credentialed. No higher education program besides MD and DO actually teaches a fricking thing


Well thats just patently full of shite. Engineers, chemists, lawyers, dentists, do I need to keep going?
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10038 posts
Posted on 11/6/19 at 8:53 am to
quote:

No higher education program besides MD and DO actually teaches a fricking thing



Why are you so mad at facts?

The meme about all millenials being snowflakes and having gender studies degrees is tired and played out.

The data does not support your narrative about it being so much harder back in the day.

There is nothing wrong with admitting that you had some lucky breaks go your way coming up and that the world has changed.

ETA: Hell I am self aware and humble enough to realize that the success I have had in life is larger a result of some lucky breaks along the way. The narrative that you just need to work had and "pull yourself up by your bootstraps" is bullshite. There are plenty of people who work harder than me but have not had the same breaks.

TL:DR: Be grateful for what you do have and realize that luck plays a part.
This post was edited on 11/6/19 at 9:27 am
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 11/6/19 at 8:57 am to
quote:

Nearly 40% of millennials 25 to 37 have at least a bachelor’s degree,


that's so diluted these days it's the new hs diploma almost
Posted by Freauxzen
Washington
Member since Feb 2006
38893 posts
Posted on 11/6/19 at 8:58 am to
quote:

Worthless degrees don’t count in the real world


Who created and taught Feminist Theory? Boomers. College was never meant for job training. Boomers changed the game, took advantage of pensions, then stopped them, then tried to turn college into job training, while at the same time requiring your administrative assistant to spend 4 years in college for a degree she didn't really need. So what would she do? Go take Organic chemistry? No, Feminist theory made at least a little sense.

It was Boomers that reduced investment in the workforce, bastardized college, created all of the worthless degrees just and made it "the gateway" for the American Dream, thereby reducing its value overall, and created the environment for Debt.

Millenials had very little choice because Boomers created the environment to exploit college and sack them with years of debt. To line their own pockets, and delay their ascension into the workforce to protect their own jobs.
This post was edited on 11/6/19 at 8:59 am
Posted by Roaad
White Privilege Broker
Member since Aug 2006
85394 posts
Posted on 11/6/19 at 8:59 am to
quote:

Why are you so mad at facts?

which facts?
Posted by oauron
Birmingham, AL
Member since Sep 2011
14611 posts
Posted on 11/6/19 at 9:05 am to
quote:

That isn’t the way to look at it.

The economy is actually great.

Products just cost significantly more now, relative to wages.

Purchasing a home or car is harder now compared to then.

There are also significantly more “required purchases” now compared to then.


And that compounds with the problem that wages are stagnant and lower than what boomers made at the same age.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481197 posts
Posted on 11/6/19 at 9:10 am to
quote:

Who created and taught Feminist Theory? Boomers. College was never meant for job training. Boomers changed the game, took advantage of pensions, then stopped them, then tried to turn college into job training, while at the same time requiring your administrative assistant to spend 4 years in college for a degree she didn't really need. So what would she do? Go take Organic chemistry? No, Feminist theory made at least a little sense.

It was Boomers that reduced investment in the workforce, bastardized college, created all of the worthless degrees just and made it "the gateway" for the American Dream, thereby reducing its value overall, and created the environment for Debt.

Millenials had very little choice because Boomers created the environment to exploit college and sack them with years of debt. To line their own pockets, and delay their ascension into the workforce to protect their own jobs.



Posted by jclem11
Chief Nihilist
Member since Nov 2011
10038 posts
Posted on 11/6/19 at 9:22 am to
quote:

which facts?


Reread the thread boomer. The millenials have already posted plenty of data.

Posted by N2cars
Member since Feb 2008
40380 posts
Posted on 11/6/19 at 9:36 am to
If they show up with a degree, at least I know they can learn.


I do agree that wages have not kept up with inflation, primarily due to the downturn from 2006-2011,but I see that changing rapidly in the next few years. It has already started, and anyone in business will tell you the same thing.
Posted by N2cars
Member since Feb 2008
40380 posts
Posted on 11/6/19 at 9:42 am to
Another thing:

College tuition is OOC.

College administrators piss money away on the reg and they do this b/c all they have to do is raise tuition. They fight distance learning, they let textbook companies screw the students, they overpay ancient professors until they die; they are a bigger ripoff than the televangelist.

I feel sorry for you kids leaving school with $50,60-100K in student debt at 9%.



Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 11/6/19 at 9:43 am to
Posted by Freauxzen
Washington
Member since Feb 2006
38893 posts
Posted on 11/6/19 at 9:47 am to


Let's continue....

Boomers are either collectively stupid or completely illogical? They also ACTIVELY demeaned manual and blue collar labor throughout their lives. So much so, that their entire policy and psychology was built around the idea that welders were worthless and that no one should be one. So people should go to college to avoid welding..... Who is going to weld??

Think about Administrative Assistants, logically, they thought some combination fo the following:

A) Administrative Assistants needed college degrees for some unknown reason, despite years of evidence that AA's being perfectly fine without college degrees and a history of, honestly, being demeaning toward those types of positions - see welders.

B) That Administrative Assistants didn't want to be AA's, therefore, they could "elevate" every AA out of an AA job....So who would be AA's? See the blue collar problem. Which is wrong, there are lots of people who just want that job.

C) That there was enough content to fill 4 years, because it's the standard, with Administrative Assistant training.....where do we think worthless comes from?


All the while, that having more degrees meant the value of a degree stayed....the same? Going against literally every argument of supply vs. demand. Pride killed the Boomer generation. They didn't want "their kids" being welders. That is the entire problem. Instead of recognizing that there are lots of different interests, lots of levels of intellect and drive, and lots of jobs to do, Boomers were too prideful and didn't want their kids to just be "insert low level job here" which is why it's absolutely hysterical that "work ethic" is what drives Boomers insane......

They didn't care about work ethic, they cared about position and title.

This post was edited on 11/6/19 at 9:53 am
Posted by Centinel
Idaho
Member since Sep 2016
46721 posts
Posted on 11/6/19 at 9:50 am to
quote:

They also ACTIVELY demeaned manual and blue collar labor throughout their lives. So much so, that their entire policy and psychology was built around the idea that welders were worthless and that no one should be one.


Now this is one thing I can agree with millenials on. You royally fricked the country with this one boomers.

"If you don't go to college, you're worthless and have no value."

Ya, great job with that one guys.



Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 11/6/19 at 9:50 am to
quote:

Who created and taught Feminist Theory? Boomers.


4th wave feminism wasn't a byproduct of the boomers.

The Boomers worst legacy though is infiltrating universities with radical social ideals and using government to enforce them.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481197 posts
Posted on 11/6/19 at 9:53 am to
quote:

4th wave feminism wasn't a byproduct of the boomers.

feminist theory didn't start in the 4th wave, obviously, since you know, there were 3 prior waves

quote:

The Boomers worst legacy though is infiltrating universities with radical social ideals and using government to enforce them.


that's LITERALLY what he was just arguing
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10038 posts
Posted on 11/6/19 at 9:57 am to
Posted by N2cars
Member since Feb 2008
40380 posts
Posted on 11/6/19 at 9:58 am to
Yep, exactly what I was saying.

Big-ticket items especially reflect this.
Posted by Freauxzen
Washington
Member since Feb 2006
38893 posts
Posted on 11/6/19 at 9:58 am to
quote:

4th wave feminism wasn't a byproduct of the boomers.


We are talking about movements, we are talking about worthless degrees. Boomers created literally ALL of the worthless degrees in the late 1970s-1990s. It was Boomers coming out of graduate school from the 1960s who did that.

quote:

The Boomers worst legacy though is infiltrating universities with radical social ideals and using government to enforce them.


One of many, but sure.


Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 11/6/19 at 9:59 am to
quote:

feminist theory didn't start in the 4th wave,


4th wave is the most vile form of feminism by far. In 60 years, feminism has gone from an independent to a collective movement

That was my point.
Posted by N2cars
Member since Feb 2008
40380 posts
Posted on 11/6/19 at 10:01 am to
That's b/c they all saw men and women with degrees getting ahead of them, despite their real world knowledge.


It wasn't too long ago that places like McDonalds were demanding a degree just be a hired as a restaurant manager.
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