Started By
Message
locked post

70% of Millenials think their generation faces more economic hardship than past generation

Posted on 4/22/19 at 8:00 pm
Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 4/22/19 at 8:00 pm
https://www.foxbusiness.com/features/millennials-feel-theyve-faced-more-financial-woes-than-any-other-generation

Should be no major surprise, the most coddled, protected, wealthy, and privileged generation in the history of humanity thinks they have it the hardest.

OMG the new iphone costs $1000, that's so expensive, life is unfair.







SUCH PRIVILEGED ASSHOLES
This post was edited on 4/22/19 at 8:01 pm
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 4/22/19 at 8:01 pm to
Count me in the 30%

But let's not pretend that Boomers haven't made a goddamn mess of things.

Two things can be true at once.
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 4/22/19 at 8:02 pm to
quote:

70% of Millenials think their generation faces more economic hardship than past generation


Not more. But certainly different economic hardships
Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 4/22/19 at 8:03 pm to
What's been lost is perspective.

"My rent is very high" is a different category of economic problem than "My kids haven't eaten this week."
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 4/22/19 at 8:05 pm to
quote:

My rent is very high" is a different category of economic problem than "My kids haven't eaten this week."




I agree. Student Loan debt is also something completely foreign to older generations. So is demanding a degree for jobs that don't need one, unpaid internships, and shitting on the blue collar work force.

People aren't starving. And they have it better than ever before in America. But that doesn't mean it's easy by any means. There is a large gap between not being sure where your next meal is coming from and financial security.

A dual income working family making over 100,000 combined is struggling middle class in today's America. Sure, they aren't starving, but they are struggling.
This post was edited on 4/22/19 at 8:09 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260689 posts
Posted on 4/22/19 at 8:06 pm to
Millennials are the generation most prone to be swayed by simple propaganda than any before.
Posted by cable
Member since Oct 2018
9648 posts
Posted on 4/22/19 at 8:06 pm to
quote:

Survey Question: Which of the following generations do you think has (or had) the hardest time buying and owning a home?


quote:

The Reality: Researchers concluded, based on Zillow’s mortgage affordability index, Millennials are completely off base on this one. According to the numbers, a mortgage averaged 15.1 percent of a median income from 2008 to 2018, which is lower than any quarter going back to 1979.


Millennials, STFU about "affordable housing". Thank you.
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 4/22/19 at 8:06 pm to
quote:

most prone to be swayed by simple propaganda than any before.



You've never heard of the Cold War?
Posted by JiminyCricket
Member since Jun 2017
3563 posts
Posted on 4/22/19 at 8:07 pm to
I mean I agree that millennials have their issues but doesn't the generation that raised the “coddled, babied, entitled” millennials have some culpability in how they turned out?
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 4/22/19 at 8:07 pm to
quote:

My rent is very high" is a different category of economic problem than "My kids haven't eaten this week."



I agree. Student Loan debt is also something completely foreign to older generations. So is demanding a degree for jobs that don't need one, unpaid internships, and shitting on the blue collar work force.

A dual income working family making over 100,000 combined is struggling middle class in today's America.


Exactly.
Posted by papasmurf1269
Hells Pass
Member since Apr 2005
20903 posts
Posted on 4/22/19 at 8:08 pm to
And 90% of those 70% are probably some self absorbed assholes
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260689 posts
Posted on 4/22/19 at 8:09 pm to
quote:

A dual income working family making over 100,000 combined is struggling middle class in today's America.
Posted by cable
Member since Oct 2018
9648 posts
Posted on 4/22/19 at 8:09 pm to
They have champagne taste on a beer budget. They need a severe reality bitch-slap after decades of coddling. They're used to living off mommy and daddy and for the first time in their lives they have to actually pay for stuff on their own, and guess what, shite is expensive. Welcome to reality, millennials.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260689 posts
Posted on 4/22/19 at 8:10 pm to
quote:

You've never heard of the Cold War?


You mean shite like the Cuban Missile Crisis? Getting drafted and forc d to go to Vietnam?
Posted by TigerCruise
Virginia Beach, VA
Member since Oct 2013
11898 posts
Posted on 4/22/19 at 8:12 pm to
100k combined is not struggling if you dont live in a stupid state like California or New York.

Problem is people want the nice car with the nice house and 3 fricking kids that play 9 sports.

That's not struggling, that's you living outside your means.
Posted by Dubosed
Gulf Breeze
Member since Nov 2012
7053 posts
Posted on 4/22/19 at 8:12 pm to
quote:

of Millenials


quote:

Boomers



The same in my book.
Posted by TigerGrad2011
Member since Aug 2016
1578 posts
Posted on 4/22/19 at 8:13 pm to
I was just thinking about this yesterday. The poor people in American still live a life of luxury compared to a large percentage of the world. It is all about perception and we as Americans have such a skewed view of the world and what it is and how it should be.
Posted by TigerMikeAtl
Atlanta, GA
Member since Feb 2011
1974 posts
Posted on 4/22/19 at 8:15 pm to
Most probably never had to get a job in their teenage years just to have spending money. They have never experienced real hardship and haven't had to go without.

Most of this is the fault of their parents.
Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 4/22/19 at 8:16 pm to
quote:

They have champagne taste on a beer budget.


quote:

It is all about perception and we as Americans have such a skewed view of the world and what it is and how it should be.


This is the truth. Expectations have gone through the roof. Most college age people in this day and age think an upper class, luxury lifestyle is the 'norm'. They think a huge house, a luxury car, designer clothes, exotic vacations, and a 6 figure salary are just how life is supposed to be and it makes them feel like they are 'struggling' when they can't access those things.

I think the mass media age and the internet have contributed to this effect as well.

And of course, yes, plenty of blame to the parents who raised them so poorly.
This post was edited on 4/22/19 at 8:18 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260689 posts
Posted on 4/22/19 at 8:16 pm to
quote:

Problem is people want the nice car with the nice house and 3 fricking kids that play 9 sports.


30-40 years ago people had roommates or lived in dumpy starter homes, paid 17% interest, worked on their own cars, had patches on the knees of jeans, sewed at home, still had some outdoor clotheslines....bought Christmas toys on layaway..

And these kids think they've got it worse economically?
first pageprev pagePage 1 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram