I am very confused, how does the "Young People and Porn" section of this article in any way relate to the rest? Is this section actually another, unrelated article that snuck into the bottom?
Millennials accuse Baby Boomers of ruining the economy
11–20 of 52 posts
Re: Millennials accuse Baby Boomers of ruining the economy
#12> They are distinguished with letters. Z for those under 24 years old, Y for those 25 - 34 years old
As usual, Generation X is completely ignored. The "lost generation" indeed.
Re: Millennials accuse Baby Boomers of ruining the economy
#13This article seems to present a strange collection of information. "Young people and porn" as a heading really came from nowhere.
Re: Millennials accuse Baby Boomers of ruining the economy
#14Rent seeking ruins economies. We see a lot of rent seeking by the current power structure (where boomers have accumulated >80% of the wealth). 1+1=2
Isn't it normal for people who have more productive years behind them already (and thus more savings etc.) to own a bigger share in the economy? Today's Gen Z-ers will too be retired 40-50 years from now, and will also own lots of assets then.
https://www.bloomberg.com/features/2021-millennials-are-runn....
> In almost every way measurable, millennials in the U.S. at 40 are doing worse financially than the generations that came before them.
> Now, if predictions of a long, post-Covid economic boom are to be believed, this may be the last opportunity an entire generation has to build wealth before heading off into retirement.
Eh, Millennials are measurably worse off than boomers or Gen X were at their age.
Re: Millennials accuse Baby Boomers of ruining the economy
#15Oh my how we love labels! And arguing about pointless sh!t. Question actually is wtf we going to do about the current challenges. Finger pointing doesn't move that forward.
read as 'do not point finger at me'
Re: Millennials accuse Baby Boomers of ruining the economy
#16Rent seeking ruins economies. We see a lot of rent seeking by the current power structure (where boomers have accumulated >80% of the wealth). 1+1=2
Isn't it normal for people who have more productive years behind them already (and thus more savings etc.) to own a bigger share in the economy? Today's Gen Z-ers will too be retired 40-50 years from now, and will also own lots of assets then.
If you do a point to point comparison Millenials own much less at the same point in their life than Boomers did.
Re: Millennials accuse Baby Boomers of ruining the economy
#17Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
By this metric, every generation has cause to belittle and fault the prior.
From the dawn of time, no generation has managed affairs perfectly. Or even well, by many metrics.
Millenials will do just as poorly as the hippies, if not worse.
But the amusing side of things is, millenials rail against the 1%. Well and good, except, do you think John and Mary in Nebraska, or Tom and Jane in LA, had anything to do with these decisions?
Whether division by race, culture, age, pointing fingers at each other, instead of policy makers, is quite literally ignoring the real problem.
Re: Millennials accuse Baby Boomers of ruining the economy
#18Two life changing recessions, crushing student debt, a mismanaged pandemic, Brexit( in the case of Europe), two major wars, a wasteful trade war(in the case of the US), while baby boomer are in power would make anyone feel resentful of the whole generation.
Climate change?
...which started 100 years ago or more. Boomers did nothing about it, sure, but don't blame climate change solely on them. And if you think your generation would have done better with the same lack of general knowledge about the problem (until the last 20-30 years), you're deluding yourself.
Re: Millennials accuse Baby Boomers of ruining the economy
#19[deleted]
Re: Millennials accuse Baby Boomers of ruining the economy
#20Millennials and younger often confuse Generation Jones with Baby Boomers.
Growing up, my parents and their friends - who have spent their whole lives worrying about uncertain economies and threats of layoffs - would dismiss people slightly older than them as "self-centered baby boomers".
They are currently in their mid-60s.