And....
Posted on 04/16/2020 5:07:35 PM PDT by GuavaCheesePuff
Hello, lost generation.
The Millennials entered the workforce during the worst downturn since the Great Depression. Saddled with debt, unable to accumulate wealth, and stuck in low-benefit, dead-end jobs, they never gained the financial security that their parents, grandparents, or even older siblings enjoyed. They are now entering their peak earning years in the midst of an economic cataclysm more severe than the Great Recession, near guaranteeing that they will be the first generation in modern American history to end up poorer than their parents.
(Excerpt) Read more at theatlantic.com ...
The old farts at Free Republic could learn something here. Their is a lot of truth in what the person is saying.
The Free Republic Old Fart Army will have none of this generational sympathy talk....
They weren’t “convinced”, they were born into that f’d up system.
Hear, hear!!!
Now Ravi, an H-1B scab does the job that you did.
Very few in Congress aren’t financially independent. Their salary is walking around money. Pocket change.
The nearly dead around here still think it’s 1982....
A stultifying life is a noble life to many Freepers.
>>Now Ravi, an H-1B scab does the job that you did.<<
Nope. Ravi will code as told. I decide what needs to be coded.
Pure coding today is yesterday’s profession. It is pure mechanics that anyone, including Millenials and journalists, can do.
And based on how badly Indians code, I will give Ravi busy work if I can.
I have been working nonstop and harder than ever since this whole mess began.
“Anyone can be successful in college, and no one should be condemned to declasse jobs like electrician, plumber, machinist, etc.”
Anyone - yes. Everyone - no.
Most of those blue collar jobs you seem to look down on will net more money in their lifetime that the average college person.
Here is the welder pay:
The average salary for a welder is $17.83 per hour in the United States.
Wow, rare lucidity from a Freeper. Bravo.
And....
“Before flaming me, I say this as a member of an at-risk group. I want to put my kids first.”
If the country can start opening up soon (weeks or less) and people are smart, I think our economy will come roaring back. If governors wait until “the virus is gone and it is safe” - I’m guessing there will be a revolution and the economy tanks.
I’m in the same boat. I take all sorts of crazy precautions. My kids not so much despite my warnings and helping them with stuff. But yeah - they want to get back to work with what they want to do.
Spending your whole adult working life pulling wire or running a small business would be stultifying to anyone with a creative mind.
A lot of us "white collar" types did have blue collar jobs when we were in school. We saw the types of people they were, nice hard working but for the most part lacking much imagination.....
I deal with the trades on an industrial basis. You are very mistaken if you think that doesn’t take creativity and imagination. I know automotive technicians and industrial electricians that are very creative and deep thinkers. They would like to see you create the world you live in with your white collar snobbery.
On the other hand, there may also be more generational consciousness. In the 70s and 80s when bad times came, everybody felt like they were in the same boat. People knew that they went through the same worries. Now there's more support for us against them, old against young, talk.
They have been trained to do a task which did take some intellectual acumen for sure. After practicing that trade it becomes routine. It the requires more training to keep up after a while but zero creativity. None. 90% of auto techs work in hot sweaty garages with no A/C. In the winter it is cold in most of them providing little heat. Is that how you want to live?
I met a guy at Walmart. We were both buying boxes. He was buying to move his place. He was beaming. He and his wife bought his first house.
He looked like he was a laborer, and so I asked carefully about what he did and what he made. Between he and his wife, they made about 80K.
They just signed up for $457,000 of house. About 1100 sqft.
I lived through 2008. What bank in their right mind allows someone to sign up for a loan like this?
Absolutely insane.
I pounded the ‘no college’ thing into my kids heads. One is going to be a diesel mechanic and he loves it. The other is at Job Corps (great program!!) learning to be an Able Bodied Seaman. The daughter is working at a horrible company as a Home Care Assistant in a bridge program. Within two weeks, she’ll be a Certified Nursing Assistant and she’s in a nursing school program through the local community college.
The diesel power tech program is a two year program at the local voc school. He’ll be hired right out of the program. No debt.
Even if they get a job with no debt, the price of homes is absolutely ridiculous. Houses that ought to be condemned were selling for $400K plus about six months ago in WA state. My girlfriend’s sister sells $2M plus homes about two per weekend. Say you make $300K between the two of you. Who would loan you that kind of money?
So stupid.
Not a whole lot different than when Peanut Boy was President, and we survived that.
Nostradamus wannabes are always wrong.
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