Posted on 07/27/2010 3:37:53 PM PDT by george76
More 20-somethings are moving back home with Mom and Dad -- and happily accepting financial assistance.
So pronounced is the trend -- many parents, on average, are giving their 20-somethings 10 percent of their combined income ...
Look, 20-somethings, it's only partly your fault that the economy is still a mess -- most of you voted for you know who -- but it isn't your fault that you lack the skills to deal with it.
Your generation has been coddled like no other generation before it -- never has any generation been given so much for doing so little -- and that is your parents' fault.
It's payback time.
Your father will complain to your mother -- eventually they'll get into loud arguments over the matter -- but if you hold steady, you'll likely keep living at home for free.
States that overpromised and overspent during the good times expect the federal government to bail them out during the bad times.
Our federal government is spending nearly twice as much as it takes in and expects future taxpayers to bail it out.
Heck, nobody is terribly interested in carrying his own load today -- lots of folks are carrying on like 20-somethings who are mooching off Mom and Dad.
Hey, a great recession like this comes along once in a lifetime. Don't let it pass without free drinks from Dad's liquor cabinet.
(Excerpt) Read more at jewishworldreview.com ...
You ever treeplant? Sun up sun down in the summer. Then we go sleep in a tent and repeat the process. Paid for my school.
Is it too hard to admit, that maybe, just maybe, you might be wrong?
If your kids have your work ethic, they are miles ahead of the competition. It is very tough out there for many young adults, but what will set your kids apart is their ability to work hard and to pay their dues. I hope they can see what good foundations they are laying for their futures. Best of luck to them
You better read it again...I'm the boomer and my step-dad made the $3600...minimum wage in 1960 was $1 and there weren't too many kids making more than the minimum in HS.
I worked in the fields in the summers and made more than minimum...'course, the harder you worked the more you made....funny how that worked.
Look I know life sucked for the Boomers. You guys had the longest boom and you still have the nerve to whine about us.
Life didn't suck; circumstances might have been a little sucky, times but it was a pretty good time.
Look, Obama’s one of you guys. So was Bush, so was Clinton.
Lessee, Obamarama was born in 1960, so he couldn't be one of us guys, except in the broadest sense of "boomer" and there is a world of difference between someone born in the 60's and someone born in the 40's and I doubt even he made 5K in 1960, despite his press.
The other two guys, yep...one flew twitchy a$$ jets in the Air Guard subject to deployment and the other one went to Qxford...me, I went to Viet Nam, Infantry and got the scars to prove it.
So, is there a point somewhere in there?
How about you quite riding us, and take a look in the mirror?
I just checked the mirror...I see a guy who worked in the fields beginning at age 12, and when I was older worked baling hay at a penny a bale...on a good day I could make 10 or 12 dollars.
My kids worked in the fields too for two reasons, one to give them incentive to study harder to overcome that life and to give them an appreciation for the value of honest labor and that no honest labor is demeaning.
I like what I see.
Do you like what you see in yours?
I'm not riding you; I don't even know you.
However, what job/work are you willing to do to feed, clothe and house yourself...no need to answer, it's a rhetorical.
‘This could be a learning moment for you if you are willing to be objective and observant. Those two traits are what most of us parents are praying for daily.’
An objective examination of my situation says that I need to move to where there is work, which is what I’m doing.
You’ve been objective. I object to the characterisations by Boomers that all us young’uns are lazy.
“Thorough financial 101 lessons begin with the word “NO”.”
Amen to that!!!
Look at the current pResident...
Wrong about what? I worked at General Dynamics/Lockheed for 17 years, engineering. Got laid off.....got a CDL and moved, now have a job in the gas patch. I've worked this job for a month and a half, 2 under 25 year old have quit since I started. Apparently work, back breaking work, isn't something they enjoy. Cry elsewhere....
“You better read it again...I’m the boomer and my step-dad made the $3600”
And I made about 5k last year after I got laid off. 5k is not all that far off of 3.6k and that was 50 years ago.
That’s the number I was after. Perhaps I could have been less fair to you and used the number that you made starting out, but I don’t think you want to go there.
‘I worked in the fields in the summers and made more than minimum...’course, the harder you worked the more you made....funny how that worked.’
I treeplanted when I was old enough, and before that worked in the fields brushing for minimum. Funny how it worked, that no matter how hard you worked, you got paid the same.
You see, I don’t get to choose the compensation, the employers choose this for us.
‘Life didn’t suck; circumstances might have been a little sucky, times but it was a pretty good time.’
Thank you. The situation is different for us, and part of that is because of the policies enacted by Boomers to make it more difficult.
‘Lessee, Obamarama was born in 1960, so he couldn’t be one of us guys, except in the broadest sense of “boomer” and there is a world of difference between someone born in the 60’s and someone born in the 40’s and I doubt even he made 5K in 1960, despite his press.’
I’m sorry, he’s still a Boomer. He’s far far closer to someone born in the 40’s than to any of us.
‘Do you like what you see in yours?’
Do I like my current situation? No. The question is what has to happen for me to change my situation? I got turned down for a manual labour position because as the fellow said, they had 100 applications for 20 positions.
‘However, what job/work are you willing to do to feed, clothe and house yourself...no need to answer, it’s a rhetorical.’
Whatever work I can get.
Bingo. That's what I did in the recession of '74.
I'm afraid many kids these days have been brainwashed against those icky guns and Imperialist American wars. Especially those with Poly-Sci or other such useless degrees.
The funny thing was, after I'd been out of the Army for a few weeks, my Dad told me the same thing he did after I graduated high School, namely, "Son - time to get a job". And so I did.
“2 under 25 year old have quit since I started.”
And the entire firm consists of 50 year old engineers like yourself?
Since I/me never called you spoiled or inferred that "you" or your contemporaries were, I suspect you might have needed $50 spending money to allow a little more time working on that reading comprehension/critical thinking thing.
“I’m afraid many kids these days have been brainwashed against those icky guns and Imperialist American wars. Especially those with Poly-Sci or other such useless degrees.’
Not everyone has that option unfortunately.
“I wonder as a side effect all these people living under one roof will have on the housing industry?”
I think it is already having an effect.
In an extended family McMansion in a local bedroom community, we find:
-Uncle A, working full time but underemployed. BS degree.
-Aunt B, working full time. BS degree.
-Aunt C, laid off and disabled with little hope of returning to work. Working hard to start her own biz. No degree.
-Son, working one FT and one PT job, low wages. Some college.
-Daughter, working PT and going to college.
-Son, working FT, BS degree.
-Daughter, not working, going to college.
Should be about four households among them, yet they all live as one. They can’t afford to do anything else.
‘I suspect you might have needed $50 spending money to allow a little more time working on that reading comprehension/critical thinking thing.’
Wow, I don’t think I ordered the side of extra snark.
No....it consists of a 49 year old mechanic/old field hand, 50 year old former navy welder, 47 year old oil field worker, 24 year old hard core young guy and a 44 year old owner that spent his entire life from 17 doing this type of work for other people. I was LUCKY they gave me a chance to work, they really didn't have a choice because all your living at home, whiny generation sisters couldn't handle coming to work at 5 AM and leaving at 7 PM, even with time and half at 40 hours......
You missed my observation you are being hyper-sensitive. Nobody here said all of the 20 somethings are slackers. If we are offensive to you then you are on the wrong thread. We are a group that advocates personal responsibility through hard work, resulting in a voting group that desires lower taxes, less government, strong defense. If that is distasteful to you, again, you are barking up the wrong tree and you will never win an argument here. You, my FRiend, appear to be the whiner. When you are paying 20k plus per annum in property and school taxes, I’ll take you seriously. Until then, I’ll complain whenever I want.
Apologies to All for my rant. Regaining my composure and class starting...now.
‘No....it consists of a 49 year old mechanic/old field hand, 50 year old former navy welder, 47 year old oil field worker, 24 year old hard core young guy and a 44 year old owner that spent his entire life from 17 doing this type of work for other people. I was LUCKY they gave me a chance to work, they really didn’t have a choice because all your living at home, whiny generation sisters couldn’t handle coming to work at 5 AM and leaving at 7 PM, even with time and half at 40 hours......”
Done that for years, for far less pay, and harder conditions than rig work. I think your employer needs to figure out why he can’t hire any young folks who can do the job. It’s obviously not that hard if a 50 year old can do it. Treeplanting, I don’t recall anyone older than 32 doing that job. Sure there were some young folks who quit, but for the most part, everyone stayed on.
I also know plenty of rig pigs among my friends. So I’m rather puzzled that your firm can’t seem to find these folks out there. Perhaps they don’t pay as much as others?
‘We are a group that advocates personal responsibility through hard work, resulting in a voting group that desires lower taxes, less government, strong defense. If that is distasteful to you, again, you are barking up the wrong tree and you will never win an argument here.’
Funny, I thought it was liberals who tarred everyone with the same brush. Advocating personal responsibility means acknowledging that everyone is responsible for themselves, not judged by their age. I can’t choose how old I am, all I can choose is how hard I work.
I think we can agree with this that it’s unfair to say that this article is anything other than a distortion of the truth.
You tell me Ben.....I consider a thousand a week after taxes good money, especially in this economy. And we are 2 short right now......
Now we're getting somewhere!
Be at your local Marine Corps recruiting station at opening time Monday morning. They are very picky, for obvious reasons, but someone with gumption, a modicum of brains and a non Sad Sack attitude should be able to make the cut. My son did in '08 and makes $1750 a month with room and board on Uncle Sam.
Don't worry about all that Parris Island stuff. Untold thousands have made it out without being killed. You probably can, too!
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