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Thread: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to Be

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Jack Hays View Post
    Dems wouldn't support GWB's immigration initiative.
    You're missing the point. GWB wanted to give amnesty and push through an immigration policy. And Reagan actually did it. For a party who constantly uses fear and tells it's base daily about the evils of immigration those 2 Republicans in the WH sung a different tune. Why is that? Because of businesses and Corporate lobbyists and money. Businesses love immigrants, and the GOP loves businesses.
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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by SenorXm/Sirius View Post
    You're missing the point. GWB wanted to give amnesty and push through an immigration policy. And Reagan actually did it. For a party who constantly uses fear and tells it's base daily about the evils of immigration those 2 Republicans in the WH sung a different tune. Why is that? Because of businesses and Corporate lobbyists and money. Businesses love immigrants, and the GOP loves businesses.
    Doesn't matter to me. I favor open borders.
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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    I'm not so sure that millennials are struggling to find jobs. We are the most educated, most employable generation to exist in terms of skill sets. I personally have up and quit jobs simply because I wanted to move to another city because I was bored. Income had no impact on that decision (often times I will go from making more to making less then to making more again none of which impacts my decision to quit or stay).

    What is happening is that many millennals do not view employment as previous generations did. The average time with a company or entity these days is less than 4 years and that's even when things are going great that entire time. Millennials do not emphasize income as the sole scale of life happiness. Many of my friends simply tell their boss after a year or two that they're moving to another city not over pay but because they feel like it.


    Employment loyalty is a thing of the past both among employees and employers. The jobs market is extremely fluid naturally so. It is almost unheard of, even for the top of their field, to stay with a company more than 3-4 years now.



    Quality of life is more important to Millennials than income. I'd rather make $75k and live in Austin Texas than make $95k and live in Houston Texas (humidity oh my god awful + the girls of ATX).
    Last edited by Ryan5; 06-14-15 at 03:36 PM.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Ryan5 View Post
    I'm not so sure that millennials are struggling to find jobs. We are the most educated, most employable generation to exist in terms of skill sets. I personally have up and quit jobs simply because I wanted to move to another city because I was bored. Income had no impact on that decision (often times I will go from making more to making less then to making more again none of which impacts my decision to quit or stay).

    What is happening is that many millennals do not view employment as previous generations did. The average time with a company or entity these days is less than 4 years and that's even when things are going great that entire time. Millennials do not emphasize income as the sole scale of life happiness. Many of my friends simply tell their boss after a year or two that they're moving to another city not over pay but because they feel like it.

    Employment loyalty is a thing of the past both among employees and employers. The jobs market is extremely fluid naturally so. It is almost unheard of, even for the top of their field, to stay with a company more than 3-4 years now.

    Quality of life is more important to Millennials than income. I'd rather make $75k and live in Austin Texas than make $95k and live in Houston Texas (humidity oh my god awful + the girls of ATX).
    I don't think there's anything wrong with what you're saying here, but it does ignore the remarkable difference in financial well-being of millennials relative to their parents generation and relative to that same comparison 30 and 50 years ago. The scales have tipped dramatically toward more income and wealth for near-seniors and seniors and less and less for younger generations.

    It is easy to say at 20-30 years old "quality of life matters to me more than material things," but wait until you have kids in high school and someone in your family has medical expenses and you're trying to save for retirement and the kids' college while paying for all of the various bills. You will wonder how your parents and grandparents' generations did it. The answer is that they voted for politicians and programs that would give them prosperity at your expense. You will get a net negative return on Social Security and Medicare, you will not have defined benefit pensions, and you will be the first generation in hundreds of years that was noticeably worse off (more dependent on external support) to get by than the generation before you.
    Last edited by Neomalthusian; 06-20-15 at 04:27 PM.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Neomalthusian View Post
    I don't think there's anything wrong with what you're saying here, but it does ignore the remarkable difference in financial well-being of millennials relative to their parents generation and relative to that same comparison 30 and 50 years ago. The scales have tipped dramatically toward more income and wealth for near-seniors and seniors and less and less for younger generations.

    It is easy to say at 20-30 years old "quality of life matters to me more than material things," but wait until you have kids in high school and someone in your family has medical expenses and you're trying to save for retirement and the kids' college while paying for all of the various bills. You will wonder how your parents and grandparents' generations did it. The answer is that they voted for politicians and programs that would give them prosperity at your expense. You will get a net negative return on Social Security and Medicare, you will not have defined benefit pensions, and you will be the first generation in hundreds of years that was noticeably worse off (more dependent on external support) to get by than the generation before you.


    Totally disagree. Every generation has "lamented assured doom" for the younger generations and every single one of those generations was 100% wrong.

    What you mean to say is your world, the world you're comfortable with, is crashing down and you can feel that and it scares you. That's okay and frankly an understandable feeling (my grandmother lectures me constantly that the end is near) but both you and her and all past generations that did the exact same thing are and were wrong.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Ryan5 View Post
    Totally disagree. Every generation has "lamented assured doom" for the younger generations and every single one of those generations was 100% wrong.
    Statistics disagree with your conjecture.

    What you mean to say is your world, the world you're comfortable with, is crashing down and you can feel that and it scares you. That's okay and frankly an understandable feeling (my grandmother lectures me constantly that the end is near) but both you and her and all past generations that did the exact same thing are and were wrong.
    I'm discussing anomalous changes in wealth and income by age over time, which are objective facts that we can easily observe and measure, and which have been meticulously explained and published by, among other sources, the Social Security Board of Trustees, not some subjective doomsday theory.

    Your subjective beliefs that "everything'll be fine" intentionally ignores known facts about unprecedented changes in income and wealth as well as the phase out of pensions on this generation's shoulders. These things are objectively known not to be the norm.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Neomalthusian View Post
    Statistics disagree with your conjecture.



    I'm discussing anomalous changes in wealth and income by age over time, which are objective facts that we can easily observe and measure, and which have been meticulously explained and published by, among other sources, the Social Security Board of Trustees, not some subjective doomsday theory.

    Your subjective beliefs that "everything'll be fine" intentionally ignores known facts about unprecedented changes in income and wealth as well as the phase out of pensions on this generation's shoulders. These things are objectively known not to be the norm.
    It was the defined benefit pensions of the mid 20th century that were the anomaly. What is happening now is just a reversion to the mean.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Jack Hays View Post
    It was the defined benefit pensions of the mid 20th century that were the anomaly. What is happening now is just a reversion to the mean.
    To guarantee these anomalous benefits to an anomalous population (the boomers) will make life markedly worse for the generations burdened with paying for them, and so reverting to that mean will take a while. This supports the idea that millennials do in fact have it worse.

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Neomalthusian View Post
    To guarantee these anomalous benefits to an anomalous population (the boomers) will make life markedly worse for the generations burdened with paying for them, and so reverting to that mean will take a while. This supports the idea that millennials do in fact have it worse.
    You're going to have to make a clearer point.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

    Quote Originally Posted by Jack Hays View Post
    You're going to have to make a clearer point.
    Age inequality exists and is significantly different in nature and more exaggerated than in generations' past. Millennials have it worse than their predecessors.

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