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American Dream is Elusive for New Generation

nytimes.com

41–50 of 90 posts

Re: American Dream is Elusive for New Generation

#41

Earlier quoted context omitted.

Also, though a lot of people won't admit to it, he's putting himself in danger by taking a mediocre job. He can very easily be typecast into that sort of role for a long time.

Is it a bigger danger to work in a mediocre job than to have a two year span of unemployment on his resume?

I'd say yes - I was pigeonholed as a Java Developer for 10 years...

Re: American Dream is Elusive for New Generation

#42
This article is insulting, this is not the American dream. The American dream has never been about the pampered children of the elite working their way through subsidized higher education and finding exactly the right job just out of college with no experience.

The American dream is about working your ass off and scrambling your way up the ladder. It's about entrepreneurism and opportunity. It's about hard work and determination paying off over time. Andrew Carnegie's first job earned lower wages than working at McDonald's would today, he became wealthy not because he sat around like a sad sack waiting for his pre-conceived dream job to come to him while he was sitting around in his parent's house, he became wealthy because he sought out opportunities and took advantage of what he could. Like many highly successful people he worked his way through several careers.

The American dream isn't about the guy in this article, it's about the guy down the street starting a lawn care business with a rented lawnmower who uses hard work and sound judgment to build it into a landscaping company with its own office and several employees. It's about the other guy who builds an online business in his free time and works days, evenings, and weekends in order to make his dream reality. It's about the opportunity to work your way from nothing up to a comfortable living if you're willing to put in the elbow grease. That dream is as alive as ever, and with the low-overhead of internet based businesses if anything it's seeing a rebirth.

Re: American Dream is Elusive for New Generation

#43
I am not American but French-Canadian. Perhaps my idea of the American dream was skewed by hollywood.

I always thought that the American dream was about determination winning over "old money". I thought it was having fewer roadblocks in front of you. I thought it was about having opportunities to prove oneself regardless of wether or not you have a diploma.

Am I so disconnected from this kid's worldview that I can't understand why he didn't take up the 40k? I accepted my first job realizing that it wasn't so much about the money I was making as the chance to prove myself out there. Prove myself I did. I doubled my salary within the first 5 years and got more and more interesting jobs as time went by.

This guy just has sense of entitlement. He calls it the American dream but either he doesn't know what that means or I don't.

Re: American Dream is Elusive for New Generation

#44
post #12

Earlier quoted context omitted.

I recall another story about a girl who attended NYU and has a mountain of debt and can't find work. At the end of the article it stated her major, and it wasn't something that was marketable in today's economy. Which sounds slightly arrogant. As a reader, I can see the mistakes made. The reality in any economy is that a womens studies graduate from NYU is going to have more difficulty finding work than say an engine…

I think there is much more pressure on young people today (me being one of them) that you must be doing what your love or working on your passion. While good advice, some young people don't realise that this is good long-term advice. It's something you should work towards over a number of years. It is a very big mistake to close doors that may not offer the perfect path. I have some friends like this who seem to want…

"I think there is much more pressure on young people today (me being one of them) that you must be doing what your love or working on your passion."

That does work, but the key is that you just start doing what you love, possibly in your free time (chances are that when you start out, you're not good enough yet to get paid for it :-). If you keep that up long enough, and you keep enjoying it, chances are that at some point you will be good enough to get a job doing it. Case in point...

What does NOT work is sitting around waiting for a job to come by that you might like (like the guy in the article seems to be doing). Nor is it a good idea to live off of someone else while you wait.

Re: American Dream is Elusive for New Generation

#45

He's 24 and his parents are still paying his cell phone bill? Yikes.

Is this particular point so terrible? I'm 23 and am still on my parents' plan. The marginal cost of keeping me on their family plan is so much less than the cost of me getting my own line that it makes little sense for me to get my own, even though I could easily afford it.

Re: American Dream is Elusive for New Generation

#46
post #41

Earlier quoted context omitted.

Is it a bigger danger to work in a mediocre job than to have a two year span of unemployment on his resume?

I'd say yes - I was pigeonholed as a Java Developer for 10 years...

Oh come on. Pull yourself up by your own bootstraps if you don't like that. Find a hot new language and play with it in your spare time. Start an open source project with it. Contribute to the community. Then apply to jobs with that knowledge and skill set on your resume, and you'll break out of that role. Just have to want it.

Re: American Dream is Elusive for New Generation

#47
post #19
post #3

Earlier quoted context omitted.

From the article: he doesn't want to be an entrepreneur or work in small-fish business. He is set for building a traditional career in a finance corporation. A yuppie born into wrong era.

Killer quote: "If you talk to 20 people," Scott said, "you’ll find only one in manufacturing and everyone else in finance Umm, no...

Well in Canada (Montreal city) they are a lot of student in Mangament/Finance and a lot less in other fields. People think finance is the "only" way to make big easy money now.

Re: American Dream is Elusive for New Generation

#48

Political science with a history minor. I feel bad for him, but what did he expect?

I think it's partly the universities fault for promoting this kind of "well rounded" education. You would have to think though that this can't be doing him any favours applying for finance jobs against people that actually did economics and similar.

Re: American Dream is Elusive for New Generation

#49
hah...I actually went to high school with that kid. My parents went broke sending me to a private school they couldn't afford, so I had the pleasure of growing up with spoiled millionaire future liberal arts majors. Do I take pleasure knowing that today, I forbid my parents from ever picking up a restaurant tab when we go out, and meanwhile his parents are still paying for his cell phone? Yes, yes I do take pleasure :)

Re: American Dream is Elusive for New Generation

#50
post #46
post #41

Earlier quoted context omitted.

I'd say yes - I was pigeonholed as a Java Developer for 10 years...

Oh come on. Pull yourself up by your own bootstraps if you don't like that. Find a hot new language and play with it in your spare time. Start an open source project with it. Contribute to the community. Then apply to jobs with that knowledge and skill set on your resume, and you'll break out of that role. Just have to want it.

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