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Gen X Plus 15 Is Like, Rich, But Reality Still Bites, Bro
New York Observer ^ | 21 November 2006 | Christine Smallwood

Posted on 11/21/2006 9:37:10 AM PST by shrinkermd

In 1991, Douglas Coupland wrote the best-selling novel Generation X: Tales for an Accelerated Culture, popularizing the term, well, Generation X. Gen Xers are roughly defined as those born between 1965 and 1980. At the time of Mr. Coupland’s breakthrough, they were in their early 20’s, fresh out of college, hanging onto the bottom rung of the company ladder. Now, 15 years later, they are in their late 30’s or early 40’s, more likely to be buying up market share than using dad’s gas card at the mini-mart....

...Generation X” has come to mean more than just a specific group of post-boomers, more even than a marketing demographic—people who will go see Last Days one evening and drop $5 on a pumpkin-spice latte the next morning. It has also come to serve as a marketing model, in this post–Reality Bites world, for how all young Americans should live out their 20’s. Now we are all Generation X.

According to OnPoint Marketing and Promotions (whose clients include Ford, Microsoft and Pepsi), Gen Xers are 50 million strong, make up 17 percent of the population and spend $125 billion on consumer goods each year. Whereas Mr. Coupland’s characters removed themselves from families, schools and potential career paths to tend bar and dwell in bungalows in Palm Springs, grown-up Gen Xers retreat into gated communities, planned developments and luxury loft condominiums. They used to be obsessed with other people’s money; now, they obsess over their own.

(Excerpt) Read more at observer.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: artificialdivisions; babybustgeneration; consumer; genx; minoritystatus; society; z
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...Without a doubt, Gen X moved from the margins to the mainstream. Headbangers Ball and 120 Minutes gave way to emo tyranny and slouching shaggy-haired dudes (I’m looking at you, Justin Long) shilling Macs and Coca-Cola’s downloadable podcasts of the “freshest talent” in “North American grooves,” while the Left of the Dial: Dispatches from the ’80s Underground boxed CD sets push nostalgia on those too young for Time-Life collections. Cool hunters (thank you, William Gibson) and youth marketers (soon to be joined by Atoosa Rubenstein?) skulk about, while high-school students eagerly enlist in “buzz marketing” campaigns—because the separation of youth and corporation, once the prized plank in the X platform, is no longer an issue.
1 posted on 11/21/2006 9:37:13 AM PST by shrinkermd
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To: shrinkermd

Their tattoos are getting a little dated


2 posted on 11/21/2006 9:47:52 AM PST by Youngman442002
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To: shrinkermd
At the time of Mr. Coupland’s breakthrough, they were in their early 20’s, fresh out of college, hanging onto the bottom rung of the company ladder.

And this was perceived as grossly unfair and unprecendented.

3 posted on 11/21/2006 9:51:42 AM PST by ClearCase_guy (The broken wall, the burning roof and tower. And Agamemnon dead.)
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To: shrinkermd

Your quote from the article gave me a headache. ;)


4 posted on 11/21/2006 9:52:40 AM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: sageb1

They are a bunch of babies...with credit cards....


5 posted on 11/21/2006 9:55:11 AM PST by Youngman442002
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To: Youngman442002
Their tattoos are getting a little dated

ROFLMAO !!!

seems like a tattoo was/is part of the uniform.

6 posted on 11/21/2006 9:55:11 AM PST by Ouderkirk (America won't win another war until the 1960s flower children are pushing up petunias.)
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To: sageb1
When Tom Wolfe dreamed up that style of reporting (circa 1965) it was fresh, fast, and in-the-know.

Forty years later, yeah, it just gives one headaches.

7 posted on 11/21/2006 9:56:20 AM PST by ClearCase_guy (The broken wall, the burning roof and tower. And Agamemnon dead.)
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To: shrinkermd

He says GenX embraced the world of its parents (Boomers). How can that be, when the Boomers STILL haven't become adults?


8 posted on 11/21/2006 10:07:18 AM PST by Patriotic1
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To: Youngman442002
They are a bunch of babies...with credit cards....

Okayyyy. This is based on what? GEN-X is one of the most educated generations turned out by this country and one of the most productive. In the 80s, Americans were called lazy by the japanese. Now they say we're obsessed with work, and we have almost the lowest vacation rate of the industrialized world.

It used to be board executives were in their 50s and 60s. Now we're seeing more and more in their 40s and even late 30s.

Hard working? Absolutely. Cynical? Perhaps. But "babies with credit cards"? Hey, at least we weren't a bunch of lazy hippies who never grew up.

9 posted on 11/21/2006 10:09:43 AM PST by Lunatic Fringe (Say "NO" to the Trans-Texas Corridor)
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To: sageb1

Yes, it didn't give me a headache but I really did not understand it. Seemed like something Maureen Dowd would write trying to impress us with the consumer preferences of the overclass.


10 posted on 11/21/2006 10:12:17 AM PST by shrinkermd
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To: Lunatic Fringe

right on... to quote a boomer phrase

boomers are the biggest sell outs in modern history with their hippie anti establishment ideas continuing into modern day self indulgence.

X'ers meanwhile had no choice but to be educated as they are the first generation that had to buy into astronomical real estate growth as well as financing their own retirements. To top it all off they will also be responsible for cleaning up social security and reigning in the latest boomer giveaway, perscription drug benefits.

Its as if the rest of the generations have eaten and the Xer's will be stuck with the check.


11 posted on 11/21/2006 10:24:57 AM PST by ONTHEFIFTY
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To: shrinkermd

Exactly. Not being one to give up easily, I read it 3 times. Then gave up. lol!


12 posted on 11/21/2006 10:25:42 AM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: ONTHEFIFTY

perscription = prescription... ahem.


13 posted on 11/21/2006 10:27:25 AM PST by ONTHEFIFTY
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To: Lunatic Fringe

Wonder if this will turn into another bash GenX thread. Oh wait, of course it will.


14 posted on 11/21/2006 10:33:18 AM PST by mysterio
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To: mysterio
GenXers are the worst... except for me!
15 posted on 11/21/2006 10:38:05 AM PST by operation clinton cleanup
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To: mysterio
The only thing worth bashing is the idea of attaching importance to "generations". People are people, whether they are born in 1918 or 1988.
16 posted on 11/21/2006 10:38:24 AM PST by Route797
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To: mysterio
"Wonder if this will turn into another bash GenX thread."

It appears to have morphed into another "bash the baby boomers" thread, instead.
17 posted on 11/21/2006 10:42:54 AM PST by riverdawg
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To: mysterio

Whatever would we do if we couldn't find someone to blame? Next thing you know, GenXers will be asking for reparations. ;)


18 posted on 11/21/2006 10:43:03 AM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: qam1

Ping


19 posted on 11/21/2006 10:44:19 AM PST by ncdrumr
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To: riverdawg

Boomers and GenXers just need to meet in the parking lot after school and fight. Just to get it out of their systems and all. At least the ones here do.


20 posted on 11/21/2006 10:44:51 AM PST by mysterio
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