Kolek planning to go pro
Many comments here touch on the topics...Millennials have no unions. Have no pensions. Have no houses that cost 20k. Have lagging wages. Etc.Economically/financially, they are worse off.I'll give up every technological advancement I have vs boomers at the same age for the financial stability they had.
Wow, I'm very concerned for Benny. Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.
How short people’s memories are. It’s as though no one remembers once upon a time where for several weeks we had almost 30 warships off the coast of Cuba, two dozen B-52’s just outside Soviet airspace, and over 100 ICBM’s prepped for immediate launch. And that was just the early 60’s. Boy, I’d love to have the “financial” stability of the Boomers.
As a millennial I do think our generation is much more impatient than older generations when it comes to career advancement and buying homes that are too expensive for their income level.
And I'd still make the trade.Technology for solid wages, pensions, cheap education and affordable housing
You think housing was affordable back then? Relativity. You live in a world where cancer is cured at a much higher rate. Your life expectancy when you were born much higher than mine when I was born. Pensions are gone, but we didn't have 401ks when I was growing up, and less than 20% even owned stocks back then. There is affordable housing out there, but it might not be in the location you want. We can't all live by the water and downtown. Guess what, we couldn't back in the day either. Lower crime, better health, cleaner air, more job opportunities, better technology, you can get laid with a swipe of an app, better educated, but less patience. That is it in a nutshell.
It's going to vary company to company but in my experience the higher someone climbs in Fortune 500 companies the better they are at managing up and much less likely to manage down.Corporate America hasn't really figured out how to resolve the conflict between necessary hierarchy and the desire to be more egalitarian with the work force.
Maybe his daddy bought him "bone spurs."
Nothing says financial stability like a 20% interest rate on a mortgage.
Cheers to your generation who can be this drunk at 10:23 AM EST
Got it. We're living in a utopia. I need to learn my place. There are zero cons to being under the age of 35 compared to previous generations.
These kids have no idea what it was like with unemployment double digits, interest rates in the high teens, standing in lines for several hours to get gasoline, worrying about being drafted. Yeah, it was awesome baby.
Have to say, I don't either. Except what I have heard from my parents. But I have appreciation for all the things my parents and grandparents struggled through that I don't have to worry about or really even consider. It is great that I can complain that a 4.6% interest rate is high. And I hope that the world continues in this trajectory and my kids lives are easier in every way than mine has been. My first house was more expensive than my parents, by quite a bit. But my first job out of MU paid me quite a bit more than what my parents made out of college.Things aren't perfect now, but especially if you live in the US, and have the time and means to be posting on a basketball message board, well your life is better than 99.99999% of all the humanity that has lived before we have. Now, I understand that doesn't make you feel any better when you can't find a job, or the housing that you want. Struggling is part of the human experience. In my experience, the struggles we face now, on an overarching level, aren't the same as those who came before we did. That, however, does not change the fact that the struggles that individuals face on a daily basis of reaching their goals, having their home and family, or whatever they want still aren't difficult. I'm just glad I don't have to face those struggles against the backdrop of complete economic turmoil or world wars. I'm glad that when I do have to face adversity, I have more resources available to me that those who came before I did probably couldn't even dream about.
You simply cannot help yourself, can you?
I'll give up every technological advancement I have vs boomers at the same age for the financial stability they had.
What that meant in plain english: when I was graduated from the Marquette University College of Journalism, there was like eight or nine grads for every open entry-level job in the field of communications. Guess who had the leverage in those salary negotiations? And, if you did not please someone, there was confidence in the employer that there were eight more of you piled up in a resume file in a hiring officer's drawer.