I had a great job in the days before Obama. Then the economy tanked, my project got cancelled and I got laid off. Since then I’ve been working for myself. Haven’t collected a penny of unemployment. I didn’t vote for Obama, and yet I’m one of these ‘spoiled’ 20 year olds? I’m happy if my income reaches 5k a year.
I’d wager most of you boomers made that much in 1960.
I’d wager most of you boomers made that much in 1960.
Woulda been hard to do...I'm a leading edge boomer...was in high school and summer work in the fields just didn't quite pay that much.
IIRC, my step-dad only made $3600 that year and with 6 kids in the house, nobody got spoiled.
My own kids, 42 and 38, didn't get to be spoiled either...they wanted extra, they went to work.
Want a car? Fine, get a job; want the latest gadget? fine, work more hours.
The only thing I "gave" them was college and $50 a month spending money; anything extra, fine, get a part time job "and your grades better not suffer".
They "launched" just fine.
Well, I was 4 years old in 1960, so I didn’t get up to 5K. Didn’t even have a lemonaid stand until 1965. I don’t think 20-year olds now are much different than I was in the 70’s. It’s just that the economy is much worse and the prices of things like rent (for a decent place in safe part of a city) and transportation are relatively higher than even in the Carter days. It’s not such a bad deal if kids need to live at home for awhile while they’re working themselves up the ladder.
Grab a hammer, learn a trade. Look around the neighborhood and see who needs a paint job, a new roof, who has a half-assed yard you could work on. Learn to tear apart a friggen lawnmower engine apart and put it back together. Do something instead of whining and signifying.
Things have been good for a long time now, apparently longer than your lifetime.
In 1960, the oldest Boomers were 15/16 yo and 5 grand was what their working class dads were making.
Did you start your own company? Isn’t that expensive?