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Age inequality exists and is significantly different in nature and more exaggerated than in generations' past. Millennials have it worse than their predecessors.
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.
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.
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.
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.
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.
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.
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.Somewhere along the line we're going to need physical labor done,
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.
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.
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.
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