Posted on 05/21/2024 12:20:01 PM PDT by DallasBiff
The downturn of the pandemic economy has hit many groups hard. But for many millennials — those born between 1981 and 1996 — and Generation Z, who follow them, that pain — plus a number of other factors — are creating questions about who is responsible. Over the next few nights, economics correspondent Paul Solman is going to examine this. He begins tonight from the perspective of some millennials.
(Excerpt) Read more at pbs.org ...
Yup. Young people are growing up in a country that has been “fundamentally transformed” by Boomers. The young people may not be able to recognize exactly what is wrong (they may believe their teachers: that we have insufficient levels of communism), but they do know that our society is broken and that this is a bad time.
I do believe that generally sums it up.
I remember my very long hours, at first in a field service job where I didn’t even maintain a home anywhere. I was living out of a suitcase for five years. Then especially doing a nighttime masters degree. 100 hour weeks between work and school were the norm for three long years. It all paid off owning a California Bay Area home when I was 27.
Fortunately, I’ve got three very hard working kids. Two own their houses with their spouses in their early and mid 30s. But no grandkids, yet.
They think they know so much, in fact they will tell you that they are the most educated generation ever. The problem is, they do not actually know anything.
Their big problem right now is "I will never be able to afford a house!" This is said in a whinny high pitched wail that could cut glass.
Their delusion is that "the boomers" got all the cheap houses and now those greedy people will not just DIE and give them all their stuff.
When you start explaining exactly who a "boomer" was, the fact that they hit the job market just in time to see their FICA go from 3% to 12.6% the interest rates for buying those "cheap" houses and all the rest they do not believe it.
No disagreement here. However, the worst of the lot now in power are generation X.
Considering that it all started before the first boomer could vote I would say it was not entirely their fault.
Nothing more sad than to set back in my old age, and watch today’s young know-it-alls fall for new versions of old scams our grandparents saw in their youth and warned us about.
What is sad is we warn them about it and they tell us to “shut up, BOOMER!” while they continue to follow the “Judas Goat” into the slaughter house.
Never seen that quote before. Wow!
And almost all of those treating you with contempt when you returned home were also late boomers. The Great Society liberals and academics of the 60’s-90’s are who should bet receiving the anger. Not all boomers.
$34 Trillion in debt and a country awash in illegal alien invaders.
Boomers turned out to be very entitled.
Good point. PBS would never print ANYTHING negative about the economy this close to an election. Bidenomics is working like a charm, if you like inflation.
Also, Boomers often got to ride the wave of home ownership without much effort - Younger people are not able to do that. Not saying I agree, but the differences are stark.
” Probably blame them for sending decent paying jobs overseas and turning America into an ethnic dumping ground. I wouldn’t exactly pin that on boomers though necessarily. “
Well who else then ? Who else has been in charge for the last 30 years when all that happened ?
P1ss on them if they do not like the truth.
I just turned 61. I am the end of the boomers. I started working at 14. At 16 I was mowing three different lawns. Plus still working at home. We had 5 acres, horses, and my father was an Owner Operator long haul truck driver. So, when he came home we had to work on the truck. I worked throughout college. Mostly doing landscaping and other outdoor physical labor jobs. I never worked in an office until after graduating college.
I made both of my kids WORK around the house. They never got allowance. We trimmed trees. Trimmed bushes. Painted the house. Vacuumed the pool. Mowed the lawn. Shoveled the sidewalk in winter. Snow blowed the driveway. Cut down trees. Burned brush. We built decks, Sheds, a barn, three fences. Planted fruit trees, bushes, grass. We ran electric, installed toilets, plumbing, laid tile, grout, built cabinets, refinished furniture. Maintained the tractor including sharpening blades, changed oil, tune ups.
I remember building a small barn with my son. He asked ME how I learned to do stuff like this? I told him I learned to build things from MY DAD.
The problem with so many kids today is that their parents NEVER made them work around the house. They have no idea how to fix something. They have to hire people to do those things.
Yes.
They had everything handed to them demographically their whole lives. Then they mock the people coming after who had a much tougher time for not being as good as them.
(disclosure: born 1964 so late boomer)
Yeah, if they cannot look it up on their precious iFag phones.....
Many Boomers made one terrible mistake. They thought they could outsource raising their children. When a child grows up in daycare centers, because their parents are too busy with their careers to raise the kids themselves, and then graduates to being a latchkey child being raised by their peers and the TV — well, why *should* they love or honor their parents?
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