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Message
re: Millennial's or Gen Y
Posted on 4/11/20 at 1:57 pm to GreatLakesTiger24
Posted on 4/11/20 at 1:57 pm to GreatLakesTiger24
quote:
and coming out of school (which they paid much, much less for) into the reagan economy? sounds awful.
UI was 12% and the interest rates 15+.
In the rust belt, UI was 20%+ in some cities.
This was the period you saw people become more mobile and leave depressed areas for booming ones.
This post was edited on 4/11/20 at 1:59 pm
1
Posted on 4/11/20 at 1:57 pm to OleWar
quote:the qualify of people (iq, health, work ethic, etc) in america is plummeting
What do you mean by demographics?
Posted on 4/11/20 at 2:03 pm to RogerTheShrubber
quote:1. thats not much more than 2009
UI was 12% and the interest rates 15+.
2. look at the bond rates during those times
so basically it's a watch, but the people graduating in 2009 paid way more for school
Posted on 4/11/20 at 2:05 pm to GreatLakesTiger24
quote:
thats not much more than 2009
Inflation and interest included? Hell yeah it was.
The main issue was a series of recessions, not just one from 1972-1988. There was no real recovery nationwide.
Posted on 4/11/20 at 2:07 pm to RogerTheShrubber
quote:
Which evidence? All I saw was your opinion.
You missed the three empirical studies I shared after you asked for "metrics?" You're just ignoring whatever doesn't fit with your own point of view, which is based entirely on anecdotal experience from your own personal life. Very poor basis for argument. Makes you look bad.
Posted on 4/11/20 at 2:08 pm to OleWar
quote:
Who is making you defer to them? Your parents, are you still living at home? I don't know anyone who tries to make me defer to them. Except maybe my wife and she is a year younger than me.
No one is “making” me do anything, and I haven’t lived with my parents since I left for undergrad a decade and a half ago. And Boomer colleagues, primarily, but in my experience, most Boomers are utterly offended by the idea of someone younger than them challenging them on anything. But hey, maybe your experience is different.
Posted on 4/11/20 at 2:10 pm to TxTiger82
quote:
I shared after you asked for "metrics?" You're just ignoring whatever doesn't fit with your own point of view, which is based entirely on anecdotal experience from your own personal life. Very poor basis for argument. Makes you look bad.
First time arguing with rog, huh?
Posted on 4/11/20 at 2:19 pm to TxTiger82
quote:
which is based entirely on anecdotal experience from your own personal life
Ive cited data, given links and this is your reply.
It's painfully obvious you have a confirmation bias.
Now, early boomers had it Much better, those coming of age in the 60s. But empirically the 70s were the worst economic decade of the last 70 years.
You want to dispute that? The "Golden age" of economics died in the late 60s to early 70s.
This post was edited on 4/11/20 at 2:27 pm
Posted on 4/11/20 at 2:25 pm to Nado Jenkins83
quote:
There were jobs. You guys thought you were better than what was out there.
Someone literally posted a full-time law job on my tier 1 law school board for $15/hour. I and my classmates are absolutely better than that and I hope the fricker who had the nerve to post the job gets the rona aids
Posted on 4/11/20 at 2:27 pm to RogerTheShrubber
quote:
Ive cited data, given links and this is your reply.
I posted links to three empirical, peer-reviewed studies on intergenerational mobility with sophisticated metrics that account for most if not all of the "data" you've mentioned. These studies uniformly communicate that baby boomers experienced relatively high levels of intergenerational mobility compared to their parents and compared to their children.
This is what the evidence tells us. And you're response is "no, I had it hard circa 1978 so you're wrong." Whatever. Persuading you is obviously impossible, but that doesn't make you any less wrong. Good bye. Enjoy talking down to those whippersnappers while ironically acting entitled to everything.
Posted on 4/11/20 at 2:28 pm to MarinaTigerEsq
I had someone with a law degree apply for an accounts payable clerk position that paid $14 an hour 
It was from southern so I didn’t call her
It was from southern so I didn’t call her
Posted on 4/11/20 at 2:32 pm to JohnnyKilroy
"people born around 1960 had it harder than millennials"
>
----
>
>
but muh 9% fixed 30 year mtg
quote:
US Real GDP Growth Rate by Year
> ----
> > but muh 9% fixed 30 year mtg
Posted on 4/11/20 at 2:35 pm to TxTiger82
quote:
peer-reviewed studies on intergenerational mobility
And you actually think this gives you a well rounded picture of the 70s economy?
You can split early and late boomers, they grew up in totally different environs.
Mobility relates to industrialization, something that has been destroyed since the late 60s. Other factors include the importation of millions of under educated people since the early 70s.
quote:
We find that mobility increased from 1950 to 1980 but has declined sharply since 1980.
Thanks for proving my point btw: those coming of age in this time fared far worse than the 60s.
This post was edited on 4/11/20 at 2:39 pm
Posted on 4/11/20 at 2:52 pm to Joshjrn
I have my military experience and my civilian experience.
In the military it was always generally wise not challenge leadership at all, this is a pretty timeless concept. But.....
As a Generation X officer, what I actually saw was a certain deference by Boomer and Late Generation X Officers to listen and seek advice from junior officers; Gen X and Millennials, as many of them were at the tactical level and seeing combat in Afghanistan and Iraq much more readily.
It was also almost as if they were trying to reverse Vietnam in which the historical narrative of WWII experienced leadership did not listen to the tactical and operational leadership on the ground. So I did not see Boomers doing this, I can only think of a couple who were poor leaders who might have done this.
The only thing I notice in the civilian world is that both boomers and millennials are actually peas in a pod. They tend to be much more idealistic, much more sensitive, much more communal and act on their feelings as opposed to rationality. But again this is generality.
In the military it was always generally wise not challenge leadership at all, this is a pretty timeless concept. But.....
As a Generation X officer, what I actually saw was a certain deference by Boomer and Late Generation X Officers to listen and seek advice from junior officers; Gen X and Millennials, as many of them were at the tactical level and seeing combat in Afghanistan and Iraq much more readily.
It was also almost as if they were trying to reverse Vietnam in which the historical narrative of WWII experienced leadership did not listen to the tactical and operational leadership on the ground. So I did not see Boomers doing this, I can only think of a couple who were poor leaders who might have done this.
The only thing I notice in the civilian world is that both boomers and millennials are actually peas in a pod. They tend to be much more idealistic, much more sensitive, much more communal and act on their feelings as opposed to rationality. But again this is generality.
Posted on 4/11/20 at 2:54 pm to OleWar
quote:
The only thing I notice in the civilian world is that both boomers and millennials are actually peas in a pod
Lots of truth here.
Posted on 4/11/20 at 3:07 pm to GreatLakesTiger24
quote:
he qualify of people (iq, health, work ethic, etc) in america is plummeting
I agree, and all of these things are a result of tangible prosperity and success.
IQ has probably not changed a great deal, but through the means of standardized tests we can now separate those with high IQ and low IQ, and our historically low IQ populations no longer preform the work best suited for them, agriculture, and are no longer afforded as much of the opportunity to function on the assembly line. We have therefore imported a mass amount of people with questionable IQs.
I think work ethic is related to this. I believe this is tied to IQ. Short of the historically lazy which have existed throughout time I have found that if something is cognitively difficult an individual will resort to other less than noble behaviors.
Health has improved. Until about a two months ago we had the ability to sustain the most decrepit and sickly of our population in ways that were unimaginable.
Posted on 4/11/20 at 3:35 pm to GreatLakesTiger24
[quote]and coming out of school (which they paid much, much less for) into the reagan economy? sounds awful[/quoteyou stupid f*** somebody born in that time frame came into the Jimmy Carter era and was welcomed by mid double-digit interest rates and no job prospect.
it was before my time but I don't spout off without knowing what I'm talking about first.
it was before my time but I don't spout off without knowing what I'm talking about first.
Posted on 4/11/20 at 3:39 pm to GreatLakesTiger24
quote:Gen Z is the most conservative generation since WW2, sorry you can't accept reality.
That one article/study that went around is BS
Posted on 4/11/20 at 3:42 pm to Man With A Plan
quote:
Gen Z is the most conservative generation since WW2, sorry you can't accept reality.
I'm not sure how we'd know at this point. The oldest ones are about 24
Posted on 4/11/20 at 3:43 pm to Man With A Plan
no it's not
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