re: Millennials earn 20% less than Boomers did at same stage of life

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i dont side with Millennials cause most of that(my) generation are whiny bitches.

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agreed. I'll be graduating with a marketable degree, no student loans debt, and previous experience in my field. it can be done. You just have to trade some of the partying for working while in school.

I found this interesting-

Millennial on average have more saved then baby boomers.

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Nearly six in 10 Americans don't have enough savings to cover a $500 or $1,000 unplanned expense, according to a new report from Bankrate. Powered by SmartAsset.com SMARTASSET.COM Only 41% of adults reported having enough in their savings account to cover a surprise bill of this magnitude. A little more than 20% said they would put it on a credit card, the report said, while 20% would cut their spending and 11% would turn to friends and family for financial assistance.

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Millennials were the most financially prepared to handle monetary headwinds with 47% of those aged 18-29 saying they could dip into savings to cover an unplanned expense

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LINK

I feel like in a lot of ways, older millennials were left shell-shocked by the financial crisis, student loans, and post degree job market. I feel like their savings habits will one day more resemble The Greatest Generation's post-Depression obsession with avoiding banks and debt than the boomers and their profligate buying on margin.

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NOT face to face...with people...b-b-b-but my keyboard...

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really, people? This is such an overblown stereotype of millennials. As we have stated countless times throughout this thread, we don't abhor or fear face to face contact. It is HR departments which do.

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yet every Baby Boomer is out to get you little pesky millennials?

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That is not what we have been saying AT ALL. Here is the issue: a variety of micro and macro economic factors, trends in corporate hiring procedure, government mismanagement of education and hiring practices, and the structure of k-12 and post-secondary education create a job climate that is difficult, but far from impossible, for recent graduates (aka Millennials) to achieve a stable middle class life style in.

These factors have trapped many (not just liberal arts majors) in the kinds of unskilled service industry jobs that most boomers only worked at as teenagers or college students (cashier, bartender, food service, barista, etc). This leads to an almost sort of prolonged-adolescents in young people because they continually fail to graduate into the kinds of jobs that in the past would give them a stable enough income to do things like get married, buy a house, and raise children. Boomers see the cultural impacts of such a prolonged adolescents and use it to make moral judgments, basically writing off an entire generation as "entitled", "lazy", "whiny", etc. When Millennials come in to defend these practices and explain how completely different the job market is now compared to the 1970's and 80's, they're written off as a bunch of cry-babies and whiners.

Basically, what Millennials need to do is to just keep plowing ahead. Keep trying, keep innovating, and know that eventually, they will break through and achieve that life style if given enough hard work and determination. It's not easy, no one's going to make it easier, but it is the only way. Don't give up. Don't get discouraged. Even if the status of the economy is not your fault, even if your parents and teachers lied to you and led you down the wrong path, the buck stops with you. Take accountability and do everything in your power to make your life better. Stop being a shitty, self-absorbed person and get your shite in line.

What Boomers need to do is to stop complaining about Millennials and take a nice long look in the mirror as to why they are that way. Take a moment to look at the job market, look at the debt crisis, look at how things have changed, completely beyond these recent-graduates control, and recognize how different it is now. How there are straight up, fewer opportunities now. How much more work and diligence and care it takes for someone while in school to set themselves up for success later on, and how few, if even anyone, is telling students how to do this. Boomers need to recognize that something is very very very wrong with what is going on across the country today. There are some serious structural issues in our government, in o in which ur educational model, in our popular culture, and in the way in which businesses hire and train new employees. Boomers need to recognize this, and do what is within their power to change it. That means showing up at the ballot box to support candidates, like Rand Paul, who are fighting to reduce the size and scope of the federal government. That means taking a greater interest in your businesses as to how they recruit and train new talent. That means trying to have just a modicum of understanding for the plight of your fellow man and listening rather than ridiculing.

Also, gen-x, you need to get off your high horse. Your generation is just as responsible as any other. Most Millenials, myself excluded, were not raised by Boomers, but by Gen-Xers. Nearly ALL were taught primarily by gen-xers. Gen-Xers were the majority of their school faculty. Gen-xers were the ones that railed against corporal punishment in school, that abhorred competition, that believed in fostering high self-esteem rather than actual achievement, who brought the concept of "social promotion" to public schools, zero tolerance policies, and helicopter parenting to swoop in and save the day any time their kid ever came close to having to deal with a problem. Seriously, discipline your idiot kids, stop enabling their self-destructive behaviors, stop supporting school policies which refuse to discipline bad actors and reward failure, stop threatening to sue the school every time your perfect little angel f&%ks up, and stop calling the cops every time a child plays outside without his parents around.

There's plenty of blame to go around, so stop blaming Millennials for workplace issues that could be resolved with better training. Stop shaming them for not getting married or owning houses because they'd probably like to if they could afford it. And acknowledge that while you are not directly causing all of their plight, you could be doing a little bit more to empathize and help. Just recognizing that they're not inherently awful and worthy of a tiny token of sympathy would be enough.

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There's plenty of blame to go around

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That's the problem. Too many people just want to play the blame game instead of communicating and working together constructively to create solutions.

Ramrod, the posts in this thread could be put in 1 of 3 categories: Ones with a couple of irrelevant and anecdotal stats, olds saying "you fricks are lazy and are the end of the world" and youngs saying "you ruined it for us and it is your fault"

doubt it, doubt it, yes, yes...

Next trip down there...we drink...

Just bring him along.