I think there's a trade-off, millennials will live a life with more public conveniences. Internet, social networks, free games, etc. Not my cup of tea, but as a millennial I think the generational values are generally geared more to life experiences over money.
Millennials 'set to earn less than Generation X'
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Re: Millennials 'set to earn less than Generation X'
#12Looks like 8 years of "hope and change" really helped those who voted so heavily for him. Article might be about the UK but it's true here as well.
Yeah, we should've voted for the other guy! What an awful mistake /s
Re: Millennials 'set to earn less than Generation X'
#13Might want to consider the increasing drain on the economy that the government takes.
http://www.usgovernmentspending.com/spending_chart_1900_2020...
One way or another, it comes out of our pocketses.
Re: Millennials 'set to earn less than Generation X'
#14And people wonder why we want a socialist for president
Because you are gluttons for punishment?
Re: Millennials 'set to earn less than Generation X'
#15Looks like 8 years of "hope and change" really helped those who voted so heavily for him. Article might be about the UK but it's true here as well.
The US president cannot do much without congress yet people never fail to blame the president for every problem.
The President also gets the credit for every success. For example, all the articles comparing the party of the President with economic results. Never mind that the party controlling Congress at the time might be the other one.
Re: Millennials 'set to earn less than Generation X'
#16And people wonder why we want a socialist for president
But if Millennials are earning less money, who will pay for socialism?
Re: Millennials 'set to earn less than Generation X'
#17Should be "get paid less". We really need to end the framing of whatever people are paid as assuming that it's equal to what they earn (as in what they actually deserve given actual work value etc)
Re: Millennials 'set to earn less than Generation X'
#18And people wonder why we want a socialist for president
Government at all levels already spends 35% of the GDP. It's hard to see how increasing that will make things better.
Re: Millennials 'set to earn less than Generation X'
#19Looks like 8 years of "hope and change" really helped those who voted so heavily for him. Article might be about the UK but it's true here as well.
Obama is not a socialist and there is very little that he could do with such strong opposition and control from the GOP in the house, and until recently, the senate.
Didn't Democrats have control of both the House and the Senate for a period? Also, doesn't being the POTUS mean you know how to bridge gaps and compromise? Sounds like a convenient excuse to point fingers at the other side.
Re: Millennials 'set to earn less than Generation X'
#20Isn't it also true that Millenials put less value on financial success and more value on fulfillment and life experiences than did previous generations? Could it be that Millenials are "set to earn less" because they are actually fine with earning less?
Perhaps they watched their Baby Boomer parents chase after money and accumulate stuff and end up unhappy anyways and decided that they would pursue other more rewarding aspects of life.