Posted on 05/24/2016 7:46:47 PM PDT by detective
In Obama's America, a third of all young adults between the ages of 18 and 34 are broke, single, and living with their parents.
The Pew Research Center released its new study showing that Millennials are tipping the scales for the first time in modern history. From CBS Money Watch:
About 32.1 percent of Americans between 18 to 34 years old lived in their parents' homes in 2014, edging out the 31.6 percent who were married or living with a partner in their own household, the analysis of Census data found. The remaining 36 percent either live alone, are single parents, or live in dorms or with other relatives.
"Young adults today are having a different transition into adulthood than previous generations," Pew researcher Richard Fry said. "In previous generations, setting up new families was a basic thing young adults were doing. Even in the 1980s, half of them were married. Today's young adults are moving away from that."
(Excerpt) Read more at cbsnews.com ...
This is America in the age of Obama.
And buried in student loan and credit card debt.
The sad thing is they don’t realize how bad off they are because they still have mommy and daddy.
It’s a safe space.
These financial difficulties span all income levels, according to the poll conducted by The Associated Press-NORC Center for Public Affairs Research. Seventy-five percent of people in households making less than $50,000 a year would have difficulty coming up with $1,000 to cover an unexpected bill. But when income rose to between $50,000 and $100,000, the difficulty decreased only modestly to 67 percent.
I suggest these Millennials all vote for Bernie.
Immigrants took all the entry level jobs and they never had a chance to work their way up the ladder.
Wait .... I thought the government was supposed to take care of everyone.
Maybe they should leave the country and come back as an illegal or a refugee? Then the government would provide them a place to live.
And most of them are Bernie supporters who promises them free stuff.
I thought about calling talk and asking why it is only older people who call regularly; why not more young voices?
Well, today the host made a dispararaging remark about milleniels who live in their mother's basement. It was a male, age 27, said he had taken out a loan to attend what sounded like a trade school, still owes 7K and is trying to pay that off. His exact words: "A shitty place in a shitty part of town is $695 a month if you don't qualify for free housing"
He ticked off car payment, insurance, the host got out of him a gf, he didn't plan on marrying but staying with her, was vague about that. I wondered if maybe the mom let the gf and possible grandchild live there, too, but could be wrong about that.
It did sound like he was trying to work his way out of it.
The sad thing is they don’t realize how bad off they are because they still have mommy and daddy.
It’s a safe space.
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I have 4 adult children, none of which live with me but I understand the necessity of it, when they don’t have a job and can’t find one. They are not all snow flakes, when they are out of options as to where they are going to live.
And Obama thinks the country has never been better.
The Democrats’ job destroying policies and regulations mean there are few good paying, semi-skilled jobs left. That is why they are pushing for $15 minimum wage. And they are too stupid to realize that it will then destroy entry level jobs.
Very true. I worked my way through college working commercial construction and came out debt free. Today's kids aren't doing that, but to some extent, it's not just the immigrants. They don't want those jobs. And the degrees they are getting in Critical Race Theory and Transgender Studies don't get jobs.
And fora large numver of them, their own stupid fault.
How many got worthless degrees in programs solely designed to take money away from them and their parents and bank loans?
How many pissed away high school and never went on to go to college or vocational training?
How many were glued to phones and the internet and tv instead of studying and preparing for the future?
How different the world of those of us born in the early 1940’s was. We finished high school with skills that allowed us to get a job - and there were jobs available. Like my classmates I lived at home until I got married a year after high school graduation. Did go to college but to night school after I got married, although it was tough to juggle being a housekeeper, mother, student and full-time employee. My parents never, ever had a credit card and I didn’t have one until I began to do business travel on behalf of my employer in 1980. Never charged anything to it other than business expenses. Like my parents, I have never lived in an apartment.
Don’t think much of this would be likely in today’s environment.
Our son starts college in August. Trump has 4 years to clean the mess up or my wife and I may never be alone. Lol. Still 3 to go after him. To be honest, if the reason was for moral reasons like going back to olden days where families of all generations lived together. I’d be feel a bit better about it. But since it’s Obama screwing with the economy in such a rotten way. It’s unacceptable.
And many of the rungs on that ladder have been off-shored or automated. American Dream: over. Hello decline to the global norm. I’m amazed that so many Americans thought they could continue living like Americans after America stopped being America.
They pulled in just behind the bridge
He lays her down, he frowns
Gee my life’s a funny thing, am I still too young?
He kissed her then and there
She took his ring, took his babies
It took him minutes, took her nowhere
Heaven knows, she’d have taken anything, but
All night
She wants the young American
Young American, young American, she wants the young American
All right
She wants the young American
https://www.youtube.com/watch?v=ydLcs4VrjZQ
most of the world this is the norm...
the OLD people will benefit from having their adult kids around to help and it certainly helps the younger people save a few bucks for marriage or a house...
we need to start being whole families again, where each generation is there for the others...
the thought that we all needed our own cars,tv's houses,boats,phones, etc is what really stoked the false economy...
if young people can't make it on the stinking wages out there, then home is where they should be...they should help with chores and pay some rent....
here’s the correct link for the truthrevolt verion of the story:
http://www.truthrevolt.org/news/obamas-america-one-third-millennials-broke-single-living-home
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