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Posted on 5/27/20 at 2:08 pm to GreatLakesTiger24
quote:
Not everything is meant to be taken so literally
I'm glad you are here to speak for the writer
Posted on 5/27/20 at 2:10 pm to Indfanfromcol
What do you consider ‘normal’ amount of work?
Posted on 5/27/20 at 2:12 pm to Salmon
You admitted you didn’t read the article. I’m not sure why I’m entertaining this
Posted on 5/27/20 at 2:13 pm to Bench McElroy
The generation that lived through 2 world wars, Spanish flu, and the Great Depression was probably the most unlucky
Posted on 5/27/20 at 2:14 pm to Bench McElroy
Would have much rather fought in the Pacific or European theater than be forced to buy this $12 avocado toast.
Posted on 5/27/20 at 2:15 pm to Bench McElroy
quote:
quote:
After accounting for the present crisis, the average millennial has experienced slower economic growth since entering the workforce than any other generation in U.S. history.
Millennials will bear these economic scars the rest of their lives, in the form of lower earnings, lower wealth and delayed milestones, such as homeownership.
This recession steamrolled younger workers just as millennials were entering their prime working years — the oldest millennials are nearing 40 while the youngest are in their mid-20s. Millennial employment plunged by 16 percent in March and April this year, our calculations show. That’s faster than either Gen X (12 percent) or the baby boomers (13 percent).
Proportionally, the even younger generation, known as zoomers, suffered worse than all of them. A third of their jobs vaporized in two months in 2020. But Gen Z is only just entering the labor force — the oldest zoomers are in their early 20s — so their losses weren’t as large in absolute terms.
Gray Kimbrough, an economist with American University who we’ve previously and accurately branded a serial millennial myth debunker, points out the oldest millennials, such as himself, lived through the 9/11 terrorist attacks and entered the labor market in the recession that hit around the same time. They spent their early years struggling to find work during a jobless recovery, only to be hit by the Great Recession and another jobless recovery. And, of course, yet another recession.
LINK
Millennials have largely been fricked economically - that much is certainly true. We have experienced two catastrophic economic breakdowns at the two worst possible times: at the start of our careers and then right as we are hitting our peak earning years. Moreover, the albatross of unfunded - and overpaid considering what they put into the systems - Social Security, Medicare, and state- and municipal-level pension and healthcare obligations will grind away at our future earnings year after year after year.
However, to say that Millennials are the "unluckiest" generation in American history is dumb. It is true only in the narrowest sense of economic expansion and growth in lifetime earnings. It is not true in terms of quality of life, war, famine, plague, life expectancy, etc., etc., etc.
Posted on 5/27/20 at 2:16 pm to Bench McElroy
We didn't have to deal with the draft so we got a leg up there.
Economically there have been some struggles but that will only make us stronger.
Economically there have been some struggles but that will only make us stronger.
Posted on 5/27/20 at 2:17 pm to Pop
Well my last normal was 65 hours a week because my company chewed up and spit out Project Managers like there was no tomorrow so I‘d fill in as needed. My above normal was the month where I worked 8am-5PM, then midnight to 5 AM because you can’t work on certain projects during park hours. So something like that?
Posted on 5/27/20 at 2:18 pm to Bench McElroy
Civil War Generation says hold its beer......
Posted on 5/27/20 at 2:22 pm to Bench McElroy
Being born in 1900 would have sucked much worse
Posted on 5/27/20 at 2:27 pm to Bench McElroy
At least they had 8 years of Obama as president.
Posted on 5/27/20 at 2:31 pm to Bench McElroy
1986 here and myself along with 95% of the people I know are doing much better financially than our parents were at the same age.
Posted on 5/27/20 at 2:31 pm to dgnx6
quote:
These frickers can make money playing video games on twitch.
How many people in the entire world do you think make a living from playing video games on twitch?
quote:
A woman just has to be decent looking and plaster half naked pics on Instagram for free shite.
Porn is not a new industry
Posted on 5/27/20 at 2:32 pm to AbuTheMonkey
But do you know that interest rates were high in the 70s?
Posted on 5/27/20 at 2:33 pm to Indfanfromcol
That’s the kind of normal I worked most of my life also. Yep, I’m a Boomer, but I assure you I paid more into Social Security than I can ever recover so no matter how hard you work I have earned mine. Being mostly self employed I also contributed the employer’s half. Besides, after a certain income level, you don’t continue to contribute over that level.
I’ve also got retirement covered so if you are working harder than normal for me as you suggested you can quit now. If you are doing it for you quit bitching about it.
I’ve also got retirement covered so if you are working harder than normal for me as you suggested you can quit now. If you are doing it for you quit bitching about it.
This post was edited on 5/27/20 at 2:38 pm
Posted on 5/27/20 at 2:33 pm to Damone
quote:
Actually that's because the growing companies don't give a single shite about American workers, they care about the bottom line and profit.
And these companies are mainly run by what 2 generations?
Posted on 5/27/20 at 2:34 pm to Bench McElroy
Having to deliver pizza's for 6 months after graduating in 2009 with my masters was definitely a humbling experience.
Posted on 5/27/20 at 2:36 pm to dukke v
quote:
frick those punks..... learn a fricking craft for Christ’s sake.
Then why did the boomers push so hard for everyone to go into college debt?
Posted on 5/27/20 at 2:37 pm to OMLandshark
quote:
At the age of 87?
Yes. It’s a testament to how tough that person could possibly have been
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