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Started By
Message
re: The unluckiest generation in U.S. history
Posted on 5/27/20 at 2:38 pm to AbuTheMonkey
Posted on 5/27/20 at 2:38 pm to AbuTheMonkey
quote:
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.
why when i made basically the same thread (just a long while ago), it primarily focused on the economics
it is somewhat meta to understand that the only reason why the economic fricking we've taken makes it seem like we are the unluckiest
0
Posted on 5/27/20 at 2:38 pm to dukke v
quote:
You brought it on yourselves.
Millennials shut down the service industry?
Posted on 5/27/20 at 2:39 pm to Bench McElroy
Thanks a ton, boomers. Cant wait to clean up this mess
Posted on 5/27/20 at 2:39 pm to Bench McElroy
If you go back to the turn of the century until today, there has been some obvious troubling times.. 9-11, the war that started because of 9-11 that continues to go on today, the 2008 recession, this "pandemic" and the economic problems it has caused and will continue to cause for months ahead and anything else I missed.
But no one can convince me it is worse than what people went through starting at the turn of the 20th century.
If we look at it in terms of someone born in the year of 1900 and compare it to someone born in 2000. Of course the person born in 2000 only has 20 years under their belt, but the person born in 1900.. Lets' say that person died at the age of 75. During their lifetime they experienced the great depression, which I would argue was worse than the 2008 recession (even if you factor in the way of life then compared to the way of life today. For example, back then, people used to wait in line at job sites waiting for people to fall to their death so they can take that person's place. People were willing to do work that had a much higher rate of getting killed doing).
The great depression last into WWII.. And while, bu the end of WWII, the country was no longer in a great depression, WWII had a big impact on how things were done here. Wives were left alone to work and take care of the family as their husbands went to war. But then the country completely changed after the war as we go into the 1950 (which in the background was the beginning of the cold war) It was a completely different economy. But then there is the 60s, which was pretty rough. A US president gets executed, the civil rights movement, and then Vietnam.
Vietnam had a pretty bad impact on this country especially when it came to drug use.
Its kind of hard to consider all of these things and then think that Millennials are the unluckiest generation.. And I am only a few years removed from being a Millennial.
But no one can convince me it is worse than what people went through starting at the turn of the 20th century.
If we look at it in terms of someone born in the year of 1900 and compare it to someone born in 2000. Of course the person born in 2000 only has 20 years under their belt, but the person born in 1900.. Lets' say that person died at the age of 75. During their lifetime they experienced the great depression, which I would argue was worse than the 2008 recession (even if you factor in the way of life then compared to the way of life today. For example, back then, people used to wait in line at job sites waiting for people to fall to their death so they can take that person's place. People were willing to do work that had a much higher rate of getting killed doing).
The great depression last into WWII.. And while, bu the end of WWII, the country was no longer in a great depression, WWII had a big impact on how things were done here. Wives were left alone to work and take care of the family as their husbands went to war. But then the country completely changed after the war as we go into the 1950 (which in the background was the beginning of the cold war) It was a completely different economy. But then there is the 60s, which was pretty rough. A US president gets executed, the civil rights movement, and then Vietnam.
Vietnam had a pretty bad impact on this country especially when it came to drug use.
Its kind of hard to consider all of these things and then think that Millennials are the unluckiest generation.. And I am only a few years removed from being a Millennial.
Posted on 5/27/20 at 2:40 pm to Eric Nies Grind Time
quote:
Having to deliver pizza's for 6 months after graduating in 2009 with my masters was definitely a humbling experience
I think a lot of people born in the mid 80s were probably graduating from college around 2008-2009 which would have sucked.
Posted on 5/27/20 at 2:40 pm to Eric Nies Grind Time
I understand your pain. I went from having an office in Houston to not finding work when I first landed here in Orlando in 2018. Spent 4 months selling plumeria sticks at a kiosk in Disney springs. Very humbling/motivating.
This post was edited on 5/27/20 at 2:41 pm
Posted on 5/27/20 at 2:42 pm to Indfanfromcol
Honestly delivering pizza is not that bad. Well...not bad if you are lucky enough to have parents that let you live in their house rent free. 
Interviewing for jobs was brutal though. People with 10 years experience were taking the entry level positions.
By far the worst part though is when people ask you how the job search is going. That really grinds down your self esteem. I try to never ask anyone that question unless I can help them with their situation.
Interviewing for jobs was brutal though. People with 10 years experience were taking the entry level positions.
By far the worst part though is when people ask you how the job search is going. That really grinds down your self esteem. I try to never ask anyone that question unless I can help them with their situation.
This post was edited on 5/27/20 at 2:47 pm
Posted on 5/27/20 at 2:43 pm to Bench McElroy
Grow up crybaby.
Posted on 5/27/20 at 2:44 pm to TigerNOLAGirl
Can I take you on a date?
Posted on 5/27/20 at 2:48 pm to TitleistProV1X
quote:
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.
Are we the same person?
Posted on 5/27/20 at 2:49 pm to TitleistProV1X
quote:how could you possibly know this
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 2:49 pm to yatesdog38
quote:
We didn't have to deal with the draft so we got a leg up there.
Yeah but if you survived the war you got free college
Posted on 5/27/20 at 2:49 pm to Bench McElroy
Posted on 5/27/20 at 2:51 pm to Eric Nies Grind Time
I couldn’t even imagine having to compete with that. We made the move and my wife was 4 months pregnant, so I literally was looking for anything and everything. Meanwhile, my stick stand boss who was 8 years younger than me was bitching me out for not doing the stick sales pitch correctly in 100 degree weather. Ha I don’t miss those times. You feel okay because you know you are doing whatever it takes to make money, but it definitely isn’t a confidence booster.
Posted on 5/27/20 at 2:51 pm to Oilfieldbiology
quote:and housing benefits (unless you were black)
Yeah but if you survived the war you got free college
Posted on 5/27/20 at 2:52 pm to Bench McElroy
Well, what do they expect? They don't want cars, homes, or children- WTF do they think the economy is? You can't attain 6% annual GDP growth from artisanal pretzels and Slate.com memberships.
Posted on 5/27/20 at 2:56 pm to OweO
quote:
If we look at it in terms of someone born in the year of 1900 and compare it to someone born in 2000. Of course the person born in 2000 only has 20 years under their belt, but the person born in 1900.. Lets' say that person died at the age of 75.
That person had to live through WW I, the Spanish Flu, The Great Depression, WW II, Korea, Vietnam Cuban, the Missile Crisis and the Cold War. Prohibition would have started when they were legally old enough to drink.
They did get to see the roaring 20s and a person land on the moon. The 50’s were good economically. But they would have been old when a bunch of hippies were running around.
Posted on 5/27/20 at 2:57 pm to Bench McElroy
quote:
The unluckiest generation in U.S. history
The generation that has to pay for the stimulus
Posted on 5/27/20 at 2:59 pm to Bench McElroy
I've learned to adjust to only making in the low six figures.
Posted on 5/27/20 at 3:02 pm to USMEagles
Wait, you think millennials don’t want cars, homes, or children? I’m sure others are maybe like me, and want to be able to afford those things instead of living larger than our paychecks can afford.
This post was edited on 5/27/20 at 3:06 pm
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