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re: Millennials earn 20% less than baby boomers did—despite being better educated
Posted on 11/5/19 at 7:00 pm to dgnx6
Posted on 11/5/19 at 7:00 pm to dgnx6
quote:How is this useless degree theory still alive
Better educated.
Getting a useless degree doesn't equal better educated as a whole. And sure as hell doesn't mean you are even smart.
1
Posted on 11/5/19 at 7:00 pm to hubertcumberdale
As a member of Gen X I have to say I find it hilarious (and slightly pathetic) how many Millennials think nothing is their fault and blame everything on their grandparents.
Posted on 11/5/19 at 7:00 pm to GetCocky11
I guess as a boomer I did it wrong. My kids all got majors in something that they knew they’d get jobs in that suited their life goals. None of them followed in my footsteps, but as a parent I gave them all the support and ability to market themselves in what they wished to pursue. But as so often is the case with threads like this, the OP’s opinion, and maybe that of those supporting him, is based on the sad fact that not all parents are good parents. That’s not the fault of an entire generation. There’s just as many incompetent millennial parents as there are boomer parents..
Posted on 11/5/19 at 7:01 pm to fishfighter
quote:
worked two jobs
That'd pay for 1 class today. Haha
Posted on 11/5/19 at 7:01 pm to weagle99
quote:
Worthless degrees don’t count in the real world
Exactly. Spending more time being indoctrinated in colleges doesn’t equal “better educated”.
Posted on 11/5/19 at 7:03 pm to lsupride87
quote:
How is this useless degree theory still alive
Nobody's fault but your own that basic economics is beyond your grasp. Degrees in easily commoditized or saturated fields are worthless in and of themselves.
Posted on 11/5/19 at 7:06 pm to GetCocky11
quote:
That'd pay for 1 class today. Haha
Got almost enough JB in me.
Just pisses me off that there are just so many lazy MF's will to do the blame game.
Posted on 11/5/19 at 7:06 pm to Clames
quote:Even if what you are saying is true, let's by all means commission 18 year olds to exactly get this calculus right. Where the hell were their boomer parents to provide advice on such a thing?
Nobody's fault but your own that basic economics is beyond your grasp. Degrees in easily commoditized or saturated fields are worthless in and of themselves.
Posted on 11/5/19 at 7:06 pm to Darth_Vader
Analyzing a group as broad as 21 to 37 year olds creates a bunch of strange data anomalies given where each part of that demographic is during their life stage. I’d care a lot more about how 30-37 year olds (which are basically 8+ years into a career) compare versus the same age range twenty years prior.
All this to say, the “millennial” group is not really a singular group that can be analyzed well. A 35-37 year old has very little in common with a 22-24 year old of the “same generation”.
All this to say, the “millennial” group is not really a singular group that can be analyzed well. A 35-37 year old has very little in common with a 22-24 year old of the “same generation”.
Posted on 11/5/19 at 7:06 pm to hubertcumberdale
quote:
I am not talking about individual boomers though, I am talking about companies run by boomers keeping more profits than they have in the past, creating a wealth gap.
So it's not boomers at all, it's CEOs and business owners?
So why say boomers?
Is it just boomer CEOs and owners? GenX and millennial business owners don't do these 'hoarding' practices (aka maximizing investments)?
quote:
FTR I love boomers, sorry if I have given the wrong impression. They just kind of fricked up the economy for the younger generations and its fun to come on this board and talk about it.
Aside from all the shitty laws and regulations the boomers passed, they haven't 'fricked up' anything for you with their financial decisions. You say you don't expect anything from boomers, but you keep using the word 'hoarding' and you keep implying that younger generations have some sort of claim to this money. They don't. The 'wealth gap' is not the responsibility of boomers. It's your problem.
FTR I don't care if you love boomers or not, I'm not a boomer, I'm a millennial. I'm just tired of seeing millennials blame boomers because they didn't get enough. I'm not saying the economy isn't shittier for millennials because it is, but you will never get what you want by demanding boomers share what they earned when you didn't earn it from them
Posted on 11/5/19 at 7:06 pm to Cymry Teigr
quote:
So did you research the job market and your career choices before choosing your major?
Absolutely. Common sense and it was advice repeatedly heard from my parents and teachers.
Posted on 11/5/19 at 7:07 pm to Clames
quote:You are having a very hard time grasping what people call worthless degrees....
Nobody's fault but your own that basic economics is beyond your grasp. Degrees in easily commoditized or saturated fields are worthless in and of themselves.
I promise you the posters arent speaking about engineering and mathematics as “worthless degrees”, they are speaking of the liberal arts and humanities
Fact is, milennials are graduating with a higher pct of degrees in engineering, science, and math than any other generation
Boomers and gen X graduated with a higher pct of “worthless degrees”, however their barrier to entry was lower entering the job market
None of what I posted is a controversial opinion. It’s rooted in facts and dats, yet this board refuses to accept it in every millennial thread
This post was edited on 11/5/19 at 7:08 pm
Posted on 11/5/19 at 7:07 pm to lsupride87
quote:
Correct. Because the job market and economy are shite, thanks to those generations before them
I’ve seen this posted more than once in this thread and I’ve got to ask... are y’all fricking serious with this shite? You honestly think the job market is shite? You honestly think the economy is shite? How can people be this stupid?
Posted on 11/5/19 at 7:09 pm to Darth_Vader
quote:The job market was warmed over shite mixed with old cum and vomit for the majority of millenials upon entry compared to boomers
I’ve seen this posted more than once in this thread and I’ve got to ask... are y’all fricking serious with this shite? You honestly think the job market is shite? You honestly think the economy is shite? How can people be this stupid?
If you can’t wrap your head around that, there is zero hope to have a real discussion
The heart of milennials entered the job market from 2004-2014
This post was edited on 11/5/19 at 7:12 pm
Posted on 11/5/19 at 7:09 pm to Powerman
I admitted to reading only the title. And my comprehension is at least Jr. High. So go frick yourself.
Posted on 11/5/19 at 7:11 pm to Darth_Vader
quote:
You honestly think the job market is shite?
Because of the math of compounding percentage pay raises, the key is that the job market was shite when millennials entered.
Posted on 11/5/19 at 7:12 pm to Crowknowsbest
Correct. Most millennials are in their 30s now
Today’s job market maybe good, but that’s 10 years from market entry
Today’s job market maybe good, but that’s 10 years from market entry
Posted on 11/5/19 at 7:14 pm to Darth_Vader
I mean, I graduated into an economy that was on a 24 month streak of negative job growth.
Yeah, it was shite.
Yeah, it was shite.
Posted on 11/5/19 at 7:16 pm to willymeaux
Way more degrees, but gender and women’s studies degrees are worthless.
Posted on 11/5/19 at 7:16 pm to Darth_Vader
quote:It was shite from 2004-2014ish, when Millenials were graduating college.
I’ve seen this posted more than once in this thread and I’ve got to ask... are y’all fricking serious with this shite? You honestly think the job market is shite? You honestly think the economy is shite? How can people be this stupid?
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