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The lost generation: Recession leaves young adults still living with mom and dad
The Daily Mail ^ | 11:21 PM on 22nd September 2011 | By Associated Press

Posted on 09/23/2011 1:42:10 PM PDT by Niuhuru

In record numbers, they're struggling to find work, shunning long-distance moves to live with mom and dad, delaying marriage and raising kids out of wedlock - if they're becoming parents at all.

Young adults are the recession's lost generation in the U.S. The unemployment rate for them is the highest since World War Two, and they risk living in poverty more than others - nearly one in five.

There are missed opportunities and dim prospects for a generation of mostly 20-somethings and 30-somethings coming of age in a prolonged period of joblessness.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: economy; jobs; marriage; numbers; opportunities; parents; poverty; recession; record; struggle; struggling; unemployment; wedlock; youngadults
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To: kearnyirish2
Very true. After I got my first mortgage at 23, my boss would always remind me about it when we got into an argument. He would use the “family” routine on the older guys.

The way I saw it is that I would be paying nomatter what for my own place and could never live on someone’s couch. I figured I might as well use that money toward owning my own home. I could sell if I wanted to move and banks are far more lenient about non-payment than landlords. There was no practical argument against owning back then.

Marriage and kids has been another story however. I'm far more successful than average but the thought of having children depending on me in the Obamaconomy is frightening. The near complete lack of morality and insane legal system today makes marriage itself even more frightening for a guy like me. As a man, I see no reason to be married because today it's just like having a girlfriend. The relationship can be dissolved almost as easily with no stigma. The biggest difference is that she gains financial incentive to leave you and/or make false abuse claims. I don't know one married man that I would consider to be as happy as I am and I know plenty whose marriage reads like a horror story.

Save for a mindblowing miracle, I don't think I will ever get married. Even if someday I can't meet women as easily, I would rather be alone than with someone I don't like or someone taking advantage.

21 posted on 09/23/2011 6:28:25 PM PDT by varyouga
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To: EVO X

“Fortunately for the human race, God invented alcohol.”

Aye, lad; too true!


22 posted on 09/23/2011 7:55:55 PM PDT by kearnyirish2
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To: Niuhuru

The smart & hardworking have nowhere left to go; having kids out of wedlock consigns you to a neighborhood where the only whites are cops, prostitutes and people buying drugs.


23 posted on 09/23/2011 7:58:22 PM PDT by kearnyirish2
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To: varyouga

Living next door in Jersey, I married a girl who came from a family/culture where there is a stigma in divorce (as I do, too). The best thing about living here (a silver lining, so to speak), is that you can find a nice girl from another country where they still have values (and restaurants within ten minutes that serve food from 87 countries).


24 posted on 09/23/2011 8:03:11 PM PDT by kearnyirish2
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To: kearnyirish2

“The smart & hardworking have nowhere left to go”

I am chilled, but I think you’re right with that. I have no idea on how bad things are going to get when there are only a few smart ones trying to survive the many feral. There is no way for the US to survive as China and Russia and India move up in the world, since the only ones who understand that in order to succeed, you have ot stay out of trouble and also at the same time, actually WANT to learn something useful. With these three countries running things as the superpowers of the world, they will not be kind to the US or the West in general.


25 posted on 09/23/2011 8:39:39 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: ctdonath2

“My goal (having two toddlers) is to have them own a business and a home, however humble, before they leave high school.”

You will probably end up with two kids who have more than enough before they are in their twenties and will be six steps ahead of their peers and six steps ahead of people who are older. If you teach them the right skills, send them to a good training schools and with all that, you will end up lucky enough to enjoy true peace of mind.


26 posted on 09/23/2011 8:43:47 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: Niuhuru

I agree about India & China, but Russia’s looking more & more like Yugoslavia in the late 80s. It is ungovernable, with a large Muslim population that isn’t a passive lot. I knew the US had problems when the Europeans stopped coming years ago; their standard of living had for all intents & purposes reached ours. A decade or so later, we have the same unemployment, the same inflation, the same low birthrate, but they had 4-6 weeks vacation and “free” healthcare while we had Iraq.


27 posted on 09/23/2011 8:44:03 PM PDT by kearnyirish2
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To: kearnyirish2
Where is this country you speak of?

As a Russian-speaking US citizen, I pretty much have my pick of eastern block women. It doesn't seem like their values are much better than the majority of women here, if not worse.

28 posted on 09/24/2011 5:58:51 AM PDT by varyouga
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To: varyouga

“Where is this country you speak of?”

Espana, though from decades ago. If I was playing the field today I’d find a nice Arab Christian girl.


29 posted on 09/24/2011 12:38:13 PM PDT by kearnyirish2
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