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Message

re: The Next Recession Will Destroy Millennials

Posted on 8/27/19 at 8:22 am to
Posted by The Maj
Member since Sep 2016
27196 posts
Posted on 8/27/19 at 8:22 am to
quote:

and that perception is primed by all sorts of things


Like what? The first question out of a millenial's mouth being "how much vacation and sick time do I get"... It is not perception of value, it is actual value in most cases and that value is not having to put up with snotty nosed bullshite...
Posted by Sidicous
Middle of Nowhere
Member since Aug 2015
17266 posts
Posted on 8/27/19 at 8:23 am to
quote:

Millennials: Prior generations have failed to address structural entitlement issues that have created untenable government debt.

Also millennials: Feel the Bern!!!!!
Yep^

Millennials: Boomer govt. failed us, it's all on the boomers and their govt.!

Millennials: Socialism will work this time! (more govt. and more taxation)
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41201 posts
Posted on 8/27/19 at 8:23 am to
quote:

I make fun of millennials on here because it is fun but all the ones I know are sharp to very sharp.



The ones that I work with are all college educated and hard working for the most part. Now, I know some that are worthless.....
Posted by Y.A. Tittle
Member since Sep 2003
101662 posts
Posted on 8/27/19 at 8:23 am to
Your premise seems to presuppose that millennials are somehow completely apart from these problems and otherwise ready to tackle them head on. Seems a bit spurious to me.

But to be clear, I think most of these generational type discussions are nonsensical on their face. I don’t think that’s how our public choices are really made at this point.
This post was edited on 8/27/19 at 8:25 am
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79881 posts
Posted on 8/27/19 at 8:23 am to
quote:

You’re telling me $1000 a month in rent will crush economically a single millennial?


Living with his mom skews his perception.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 8/27/19 at 8:23 am to
quote:

Like what? The first question out of a millenial's mouth being "how much vacation and sick time do I get"... It is not perception of value, it is actual value in most cases and that value is not having to put up with snotty nosed bullshite...


On the Money Board there was actually a millennial on there who was pissed because his relocation allowance wasn’t continued into his second year of employment and therefore his total compensation went down...
Posted by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 8/27/19 at 8:24 am to
quote:

The first question out of a millenial's mouth being "how much vacation and sick time do I get"... It is not perception of value, it is actual value in most cases and that value is not having to put up with snotty nosed bullshite...


We are told that the workplace has to change because millenials value "flexibility" (want to work where and when they feel like it) over benefits like pensions. Don't get me wrong, I am anti-defined benefit pension, but corporations are starting to change the way they do business because they can't find people willing to work 40 hours a week.
This post was edited on 8/27/19 at 8:25 am
Posted by BeefDawg
Atlanta
Member since Sep 2012
4747 posts
Posted on 8/27/19 at 8:24 am to
You mean it’s gonna be hard to live in expensive as frick coastal cities run by Democrats with a Lesbian Dance Studies degree?!?

SHOCKER!
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423378 posts
Posted on 8/27/19 at 8:24 am to
quote:

This improves our society’s productivity and thusly it’s standard of living.

for the sake of argument i'll assume this blanket statement is true, that doesn't mean that millenials aren't the generation feeling the brunt of this major societal change. somebody has to feel the negative effects of this crunch and it is millenials

there is a major mass of frick on a course of destruction in this country and it is the boomers. once they all die off things will be able to reset somewhat. however, the generations who will have to deal with all the negative externatlities of this clogged artery are the young gen x, millenials, and older gen z.

for example, SS/Medicare. the system will not be able to handle the boomers clogging up the dole, but once that large mass dies we can afford SS/Medicare again. however, who will be funding this blight on our society for decades? the lost generation
Posted by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 8/27/19 at 8:27 am to
quote:

for example, SS/Medicare. the system will not be able to handle the boomers clogging up the dole, but once that large mass dies we can afford SS/Medicare again. however, who will be funding this blight on our society for decades? the lost generation


I was born in 1979, and the first thing I was told when I entered the full time work force was not depend on social security for my retirement, because it wouldn't be there.

We all knew entitlements were a problem, but politicians, regardless of their generation, have been too gutless to fix it, and some of us (fellow citizens of mine) are too dependant to want it fixed.
This post was edited on 8/27/19 at 8:28 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423378 posts
Posted on 8/27/19 at 8:27 am to
quote:

Your premise seems to presuppose that millennials are somehow completely apart from these problems and otherwise ready to tackle them head on. Seems a bit spurious to me.

outside of some real outliers (like tech billionaires or AOC), it's pretty unfair to expect a group just getting political power and who should be getting economic power (But it's stunted for reasons discussed previously) to tackle anything

well, other than the Bernie types (which i also referenced earlier). hell, even the millenial Trump voters are largely doing it in a form of revolution/protest. all these people on here acting like this is a traditional conservative/liberal dichotomy are ignoring their God Emperor
Posted by The Maj
Member since Sep 2016
27196 posts
Posted on 8/27/19 at 8:29 am to
quote:

workplace has to change


This might work for some fortune 500 company but it is not going to work for many of the employers out there...

Also, this is bullshite and one of the primary problems with millennials... If companies held their ground, they would not have to become flexible for their employees... Like I said, snot nosed problems when I can have a 50 to 60 year old that will put in 50 hours if I need him to... That is value to a company...
Posted by Y.A. Tittle
Member since Sep 2003
101662 posts
Posted on 8/27/19 at 8:29 am to
quote:


outside of some real outliers (like tech billionaires or AOC), it's pretty unfair to expect a group just getting political power and who should be getting economic power (But it's stunted for reasons discussed previously) to tackle anything



Thing is, I don’t anymore than I think we can pinpoint any other generation to specifically “blame” for any of it either. That’s all entirely too simplified.
Posted by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 8/27/19 at 8:30 am to
quote:

On the Money Board there was actually a millennial on there who was pissed because his relocation allowance wasn’t continued into his second year of employment and therefore his total compensation went down...


Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423378 posts
Posted on 8/27/19 at 8:30 am to
quote:

Like what?

social connections/friendship
in/out group dynamics
traditional bureaucratic structure they've lived in for 40+ years

quote:

The first question out of a millenial's mouth being "how much vacation and sick time do I get"... It is not perception of value, it is actual value in most cases and that value is not having to put up with snotty nosed bullshite...

what you're ignoring is that even if we assume all of these entry level examples are true, it's still not what is being discussed

this is about the millenials who don't do that and who would be advancing in an economy of 15+ years ago (we can call this the traditional economy/structure post WW2 if you'd like). these participants are stuck with no real shot at advancement due to boomers clogging up the lanes (b/c they won't just fricking retire)
Posted by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 8/27/19 at 8:31 am to
Agree 110%
Posted by LSUBadger
Member since Jan 2014
2238 posts
Posted on 8/27/19 at 8:31 am to
There are 500,000 more posted jobs than there are people currently looking for work in this country. Boomers still working because they have value and are filling a lot of those jobs.

Millennials are not making enough money because too few want to learn a trade or focus on a STEM derived career. Folks in those areas are thriving. We only need so many web designers, marketers, social workers, political scientists etc.

It isn’t that the millennials are not bright. It’s that too many went into debt to gain a degree in a field that isn’t going to be rewarding financially. You can lay responsibility for that at the feet of the federal government for taking control of student loans away from the private sector.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423378 posts
Posted on 8/27/19 at 8:32 am to
quote:

I was born in 1979, and the first thing I was told when I entered the full time work force was not depend on social security for my retirement, because it wouldn't be there.

you didn't even digest what i said.

quote:

We all knew entitlements were a problem, but politicians, regardless of their generation,

says the person blaming the generation who has no political power

oh yeah, we will blame "millenials" but when we address the actual group responsible, we will ignore generation. that's fair
Posted by Wally Sparks
Atlanta
Member since Feb 2013
29264 posts
Posted on 8/27/19 at 8:33 am to
quote:

It isn’t that the millennials are not bright. It’s that too many went into debt to gain a degree in a field that isn’t going to be rewarding financially.


Nobody put a gun to their heads to get those degrees.
Posted by NikolaiJakov
Moscow
Member since Mar 2014
2803 posts
Posted on 8/27/19 at 8:33 am to
this is about the millenials who don't do that and who would be advancing in an economy of 15+ years ago (we can call this the traditional economy/structure post WW2 if you'd like). these participants are stuck with no real shot at advancement due to boomers clogging up the lanes (b/c they won't just fricking retire)

So the experienced, productive, reliable employees who grew the business should just willingly give up financial incentive and their feeling of purpose and accomplishment so the next generation can slide into those positions and tear down what they spent their careers building?

Only communists want to dictate where and when people work, and America ain't communist.
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