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

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

**** baby boomers and whatever it is they think.

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

Age inequality exists and is significantly different in nature and more exaggerated than in generations' past. Millennials have it worse than their predecessors.

I don't think that's true though based on anything I've seen. Millennials have different values and different life goals and so the older generations who do not share those values and goals look at what millennials are doing and to them it doesn't add up because they don't understand it.


-You don't understand why having the latest phone and fast internet is more important to me than having more traditional expenditures such as a house in suburbia or a new car every year. (My apartment that I enjoy college girls in is great and my luxury 07 sedan is just fine).

-I don't want a new car.

-I don't want to live in suburbia (until I'm like 35 w/kids).

-I don't want a house at all until I'm married and expect to live my last days of old age in. (So around 35-40)

-I value quality of life 100%. I DO NOT value "low quality of life with the hopes of ultra high quality of life @55 years old". I'd rather live a high quality life all the way through instead of "build up to something that may never actually happen anyways".

-I know a lot of people in upper class white suburbia. That lifestyle is fine but by no means is a lifestyle I want in my twenties or even early 30's. It just isn't.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Vietnam war dead are not a story. The wealth gap is mostly about housing values. No dispute there. That's just cyclical luck of the draw. Ask millenialls how many would enter a lottery on the following terms: 50,000 losers get executed immediately; everyone else gets a 100% increase in house value over ten years.

Okay, well this is a diversion from the topic. Public pensions aren't a VA benefit or compensation for casualties of war. They're a badly administered government entitlement that is leaving each next generation worse off than the previous.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

I don't think that's true though based on anything I've seen. Millennials have different values and different life goals and so the older generations who do not share those values and goals look at what millennials are doing and to them it doesn't add up because they don't understand it.


-You don't understand why having the latest phone and fast internet is more important to me than having more traditional expenditures such as a house in suburbia or a new car every year. (My apartment that I enjoy college girls in is great and my luxury 07 sedan is just fine).

-I don't want a new car.

-I don't want to live in suburbia (until I'm like 35 w/kids).

-I don't want a house at all until I'm married and expect to live my last days of old age in. (So around 35-40)

-I value quality of life 100%. I DO NOT value "low quality of life with the hopes of ultra high quality of life @55 years old". I'd rather live a high quality life all the way through instead of "build up to something that may never actually happen anyways".

-I know a lot of people in upper class white suburbia. That lifestyle is fine but by no means is a lifestyle I want in my twenties or even early 30's. It just isn't.

There is no difference at all between what you want and what boomers wanted when they were your age.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Career challenges are greater (well, any endeavors in life really) when the entire globe now can enter the competition, and is after what you have and have access to.

Let's hope we've equipped our generation of Millennials with the skills and knowledge to succeed and flourish in this new environment. But somehow, I don't think so. I think the public education system, rife with leftists and progressives, have been preaching excessive politically correct crap and the like, spoon feeding these Millennials, making them soft and marshmallows rather than tough and resilient.

May they forgive us for the disservice of their education that we've allowed to be inflicted on them.

Greetings, Erik. :2wave:

The sad thing about that is that reality will handle teaching what we didn't, and that's unfortunate because there's not going to be a juice box given to everyone, no matter if they won or lost the game. They didn't get the nickname "The Peter Pan" generation for nothing. :thumbdown:
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Okay, well this is a diversion from the topic. Public pensions aren't a VA benefit or compensation for casualties of war. They're a badly administered government entitlement that is leaving each next generation worse off than the previous.

You're the one who cited the wealth gap. Your link named house value as the primary cause. I constructed a thought problem to test your assertion.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Greetings, Erik. :2wave:

The sad thing about that is that reality will handle teaching what we didn't, and that's unfortunate because there's not going to be a juice box given to everyone, no matter if they won or lost the game. They didn't get the nickname "The Peter Pan" generation for nothing. :thumbdown:

Greetings, Polgara. :2wave:

Yes, I'm afraid that it's going to be a rough ride for them in the near future. A failure on our parts for sure.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Greetings, Polgara. :2wave:

Yes, I'm afraid that it's going to be a rough ride for them in the near future. A failure on our parts for sure.

They're more tech-savvy than most of the older generations, I've got to give them that. And they will be competing with global competitors so it's fortunate for them that they are. But how that's going to repair our economy and get our infrastructure modernized, I don't know. We've supposedly got the best in government that money can buy now, and look how screwed up we are anyway.

Somewhere along the line we're going to need physical labor done, and the ratio usually is one boss = several laborers. *I'm including the trades like plumbers, electricians, remodeling and new construction workers like bricklayers, etc in the laborer category.* My attorney and CPA are brainy and tech-savvy, but they have to hire that other work done - they don't know how to do it, and I doubt that Hillary, Trump or Obama do either! Robots may be helpful one day, but not yet except for production lines, and space travel, and they will probably be specialized, too.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

They're more tech-savvy than most of the older generations, I've got to give them that. And they will be competing with global competitors so it's fortunate for them that they are. But how that's going to repair our economy and get our infrastructure modernized, I don't know. We've supposedly got the best in government that money can buy now, and look how screwed up we are anyway.

Somewhere along the line we're going to need physical labor done,
and the ratio usually is one boss = several laborers. *I'm including the trades like plumbers, electricians, remodeling and new construction workers like bricklayers, etc in the laborer category.* My attorney and CPA are brainy and tech-savvy, but they have to hire that other work done - they don't know how to do it, and I doubt that Hillary, Trump or Obama do either! Robots may be helpful one day, but not yet except for production lines, and space travel, and they will probably be specialized, too.

Eeeewwww. Getting dirty. Eeeeewwww.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Eeeewwww. Getting dirty. Eeeeewwww.

Greetings, humbolt. :2wave:

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

Of course its harder. First you sacrifice 4-5 years of your prime getting a stupid degree, then youre competing against dozens/hundreds of people who have the same stupid degree, youre swimming in debt, you dont own jack ****, youre stressed off your gourd, you turn to drugs, you have at least one bastard child, your life spirals out of control, next thing you know youre back living in your moms basement flipping cheeseburgers for a living as you lose more and more of your hair, you are a shell of your former self, you often hug your high school lettermans jacket and cry yourself to sleep.

Good luck out there.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

They're more tech-savvy than most of the older generations, I've got to give them that. And they will be competing with global competitors so it's fortunate for them that they are. But how that's going to repair our economy and get our infrastructure modernized, I don't know. We've supposedly got the best in government that money can buy now, and look how screwed up we are anyway.

Somewhere along the line we're going to need physical labor done, and the ratio usually is one boss = several laborers. *I'm including the trades like plumbers, electricians, remodeling and new construction workers like bricklayers, etc in the laborer category.* My attorney and CPA are brainy and tech-savvy, but they have to hire that other work done - they don't know how to do it, and I doubt that Hillary, Trump or Obama do either! Robots may be helpful one day, but not yet except for production lines, and space travel, and they will probably be specialized, too.

Yeah, it's true that many Millenials are tech familiar at the consumer level, in order to be have a career in tech there's allot more in depth knowledge that's needed about the subject and I find that often lacking in many of the Millenials, as they wander around addicted to posting on Facebook and Twitter every 30 seconds of everyday - hardly leaves very much time or attention for actual work with real value.

Of course its harder. First you sacrifice 4-5 years of your prime getting a stupid degree, then youre competing against dozens/hundreds of people who have the same stupid degree, youre swimming in debt, you dont own jack ****, youre stressed off your gourd, you turn to drugs, you have at least one bastard child, your life spirals out of control, next thing you know youre back living in your moms basement flipping cheeseburgers for a living as you lose more and more of your hair, you are a shell of your former self, you often hug your high school lettermans jacket and cry yourself to sleep.

Good luck out there.

I'd only add that many with which you are competing are imagined expertise listed as resume stuffed H1B visa applicants who really don't end up knowing what's needed to succeed in the actual job at hand.

That, and you're listing a series of poor life-choices in your fictitious (at least hoping so) life account. This scenario that you list is an example of parenting fails, from my view.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

You're the one who cited the wealth gap. Your link named house value as the primary cause. I constructed a thought problem to test your assertion.

Even controlling for housing wealth, the economic wellbeing of today's young adults is significantly worse than a generation and two ago, and that of seniors and near-seniors is dramatically better. Anyone who has any concern about inequality should acknowledge how significantly the inequality is running along age demographic lines.
 
Re: Even Baby Boomers Think It's Harder to Get Started Professionally Than It Used to

Even controlling for housing wealth, the economic wellbeing of today's young adults is significantly worse than a generation and two ago, and that of seniors and near-seniors is dramatically better. Anyone who has any concern about inequality should acknowledge how significantly the inequality is running along age demographic lines.

Fair enough. From your link.

Housing has been the main driver of these divergent wealth trends. Rising home equity has been the linchpin of the higher wealth of older households in 2009 compared with their counterparts in 1984. Declining home equity has been one factor in the lower wealth held by young households in 2009 compared with their counterparts in 1984. Trends over the same period in other key measures of economic well-being—including annual income, poverty, homeownership, and home equity—all follow a similar pattern of older adult households making larger gains, compared with households headed by their same-aged counterparts in earlier decades, than younger adult households, according to the Pew Research analysis.
These age-based divergences of households widened substantially with the housing market collapse of 2006, the Great Recession of 2007-2009 and the ensuing jobless recovery. But they all began appearing decades earlier, suggesting they are as much linked to long-term demographic and social changes as they are to the sour economy of recent years.

My take? From 1945 to roughly 1975 the US enjoyed a historical anomaly as the only major economy left standing after WW2. By around 1975 international competitiveness again became a factor, and began draining away much of the lush excess of the 1945-75 economy. That continues to this day. The problem is not intergenerational wealth transfer, but rather that the boomers got their start in an international environment that no longer exists. That difficulty is not insurmountable; as I already noted our three children are doing quite well.
 
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