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re: I reject the idea that young adults/millennials “have it harder” than boomers at that age

Posted on 3/30/19 at 4:46 pm to
Posted by MusclesofBrussels
Member since Dec 2015
4939 posts
Posted on 3/30/19 at 4:46 pm to
quote:

It depends on what you mean by “have it harder”.

Education, healthcare, and housing are objectively much more expensive in real terms and swallow up a much larger chunk of paychecks than they did forty years ago. Older Millennials graduated into the teeth of the worst economic downturn in eighty years as well. The competition in the labor markets (both white collar and blue collar) is way more intense than it used to be.

On the other hand, many other goods - tradeable goods like food, technology, and so forth - are much cheaper than they used to be in real terms. Access to information is dirt cheap, basically free in most instances. The technical quality of services like healthcare and education is better than it has ever been.

It’s a trade off - some things are better. Some worse.


Only rational, unbiased post I've seen in the first four pages of this thread
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 3/30/19 at 4:47 pm to
quote:

Nope. I realize that many unsuccessful people work their asses off. If I went into the buggy whip busines I could work my arse off and never make a profit. Damn economy is so bad I can’t sell buggy whips like my grandparents did!!



Here's some food for thought though. Humans need time to learn new things. Plenty of studies suggest that it takes a long time to really become an expert in something, even if you have a high IQ. This hasn't changed. It's a universal thing.

However, the world moves much faster than it used to. So when you think about those two factors alone, you realize that it is simply more difficult to figure out how to allocate your limited time in order to be productive in the world.

Now, information is more freely available and that helps, but it still takes time to learn things. And the world doesn't stop and wait for you.
This post was edited on 3/30/19 at 4:48 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 4:53 pm to
quote:

Have you tried to find a job straight out of school recently? I have, and it’s really f$&king hard.
When was it easy? I finish BsME in the mid 90s. It wasn’t easy then. Wasn’t easy for my sisters when they graduated until the late 80s either. Sister had to travel for 3 years solid. I’d really like to know then this “easy” time was, so I can understand better.
This post was edited on 3/30/19 at 5:02 pm
Posted by Clames
Member since Oct 2010
18930 posts
Posted on 3/30/19 at 5:00 pm to
No, I own my own small business and I still get job offers. Finding work is easy, being willing to work is what is hurting some of y'all.
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 5:01 pm to
quote:

Humans need time to learn new things. Plenty of studies suggest that it takes a long time to really become an expert in something, even if you have a high IQ. This hasn't changed. It's a universal thing.
Ok. But after a couple of months if I’m job hunting and not getting any nibbles, I’m changing my approach. If that takes someone several years before they try something different... maybe it’s not “the economy” that’s making them unemployable.

quote:

However, the world moves much faster than it used to.
Which can be a massive advantage. Take something like the React JavaScript framework. Tons of React jobs are out here. And not a single person has more thst 5 (or so) years of experience with it. It didn’t exist back then. You aren’t competing against career long people anymore. Huge advantage—if you take it.

Nothing better than the job positing “requiremened 10 years experience with React” this is why you should never spend much time HR people.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
69348 posts
Posted on 3/30/19 at 5:03 pm to
I work three jobs, but I’m not willing to work. Ok...
Posted by VOR
Member since Apr 2009
67567 posts
Posted on 3/30/19 at 5:06 pm to
My wife has to interact regularly with millenials because of her work. My best friend must do the same thing at a local ubniversity. Neither of them is impresssed with the knowledge,intellect or work ethic of that demographic.

that' may be an unfair generalization. but, then again, maybe not.
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 5:06 pm to
We live in a tech-driven world where everything you know is obsolete in about 18-months. Everyone’s a newb. That’s a tremendous playing-field leveler for young people. It’s also why spending 4-years in school may not be a good idea anymore.
Posted by VOR
Member since Apr 2009
67567 posts
Posted on 3/30/19 at 5:08 pm to
quote:

You really want to see what boomers were driving in their 20s?


I was proud of my Datsun 1200.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8577 posts
Posted on 3/30/19 at 5:10 pm to
quote:


My wife has to interact regularly with millenials because of her work. My best friend must do the same thing at a local ubniversity. Neither of them is impresssed with the knowledge,intellect or work ethic of that demographic.

that' may be an unfair generalization. but, then again, maybe not.


The youngest Millennials are about 24 now. Not too many still piddling around in undergrad.
Posted by MusclesofBrussels
Member since Dec 2015
4939 posts
Posted on 3/30/19 at 5:12 pm to
quote:


You seem to be deliberately ignoring a problem because it doesn’t fit your worldview.


I suspect that you're debating with a fool not intellectually capable of self reflection.

The Nigerian smart phone anecdote is one of the more ridiculous things I've seen on this site recently.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 3/30/19 at 5:14 pm to
quote:

millennials are obsessed with reversing that trend and moving back to cities and trendy college towns


... wonder if that has to do with the need to pay back student loans... and where jobs are located.

What % of boomers do you think had 40k in debt at 22 and no mortgage?
This post was edited on 3/30/19 at 5:16 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 5:16 pm to
quote:

The Nigerian smart phone anecdote is one of the more ridiculous things I've seen on this site recently.
And this is why we’re doomed.
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 5:17 pm to
quote:

What % of boomers do you think had 40k in debt at 22 and no mortgage?
How manny were married and had 2-3 kids by the time they were 24? True enough that was optional though expected (just like college is today). But it sure as hell wasnt free.
This post was edited on 3/30/19 at 5:18 pm
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8577 posts
Posted on 3/30/19 at 5:17 pm to
No, TA is a smart guy and has a good perspective on a lot of issues.

I just think it’s fricking silly and self-destructive for conservatives not to even acknowledge this problem. Millennials are the largest voting bloc in the country now. It will bite conservatives in the arse big time if they don’t at least see why and how this came to be and then figure out ways to fix it, because the alternative - blood lust socialism and atrocious tax regimes - is scary as hell.
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 5:21 pm to
quote:

No, TA is a smart guy and has a good perspective on a lot of issues.
You said it not me.

quote:

I just think it’s fricking silly and self-destructive for conservatives not to even acknowledge this problem.
We love our pandering don’t we?

quote:

Millennials are the largest voting bloc in the country now.
Largest population demo. Not voting demo.

quote:

because the alternative - blood lust socialism and atrocious tax regimes - is scary as hell.
”acknowledging” and solving non-existent problems will hasten this even faster.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 3/30/19 at 5:21 pm to
quote:

How manny were married and had 2-3 kids by the time they were 24?


The good old days where you could own a home and support a family working at the hardware store

Fair point though
Posted by imjustafatkid
Alabama
Member since Dec 2011
62821 posts
Posted on 3/30/19 at 5:22 pm to
quote:

I reject the idea that young adults/millennials “have it harder” than boomers at that age


Rejecting facts is fine, but your decision to reject them doesn't make them less factual.

quote:

fled the cities (almost every major city on the eastern seaboard lost significant population in the 60s,70s,80s,90s) for cheap suburban wide open land in the sunbelt and west


This was before Clinton destroyed small town America with NAFTA which was followed by 9/11 and the housing crash less than 10 years later. I hate to break it to you, but we are just now starting to come out of what those things did to the job market the millennial generation has had to operate in. Granted, electing Obama twice did not help. Trump and the media reaction to him is causing many to wake up to that fact.

Nevermind the fact that technology is vastly different from anything anyone in the decades you listed had to deal with, which has made outsourcing entry-level positions more prevalent. Every entry-level job not being outsourced wanted someone with experience because boomers (the worst generation that gave us Clinton AND the housing crisis AND government-backed student loans) with experience were being laid off, and there was no way for us to gain experience in order to qualify for those positions. If you didn't get hired on at your internship at a company that wasn't hiring, you weren't getting a job in your field.
This post was edited on 3/30/19 at 5:28 pm
Posted by VOR
Member since Apr 2009
67567 posts
Posted on 3/30/19 at 5:29 pm to
quote:

The youngest Millennials are about 24 now. Not too many still piddling around in undergrad.


It depends upon the program. And I didn't specify undergrads.
Posted by Taxing Authority
Houston
Member since Feb 2010
62611 posts
Posted on 3/30/19 at 5:35 pm to
quote:

The good old days where you could own a home and support a family working at the hardware store
Like I posted above, I’d still like to know when this magical time was.
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