Live data from Hacker News

American Dream Fades for Generation Y Professionals

mobile.bloomberg.com

131–134 of 134 posts

Re: American Dream Fades for Generation Y Professionals

#131

From the article: "Three and a half years after the worst recession since the Great Depression, the earnings and employment gap between those in the under-35 population and their parents and grandparents threatens to unravel the American dream of each generation doing better than the last." There have been many postings to Hacker News recently with similar themes. The situation described increasingly looks like the s…

Argh. A link to the AEI as a point of authority. And some unsubstantiated opinion as fact. Some stuff about homeschooling. Wanting to be like "east Asia" (there are a lot of countries in Asia). Let me know how 3-4 generations under one roof works out for you.

Well done, sir/madam. Well done.

Re: American Dream Fades for Generation Y Professionals

#132
post #31

Back in 2008 I was reading articles based on previous financial crises saying that after the kind of debt crisis that the USA was then going through, the average was 10 years to really recover, followed by a return to normal growth. So, 4 years in, things still suck. If that is true, we should have about 6 years left until the American dream starts to work again across much of the country. Unfortunately for everyone…

As population increases and resources dwindle, we get closer to subsistence living or even a population crash. The decade-long cycle might be close to breaking, then.

Yes the trick is to lower one's expectations. Ultimately we can be content with little more than a warm dry place to sleep and enough food.

Re: American Dream Fades for Generation Y Professionals

#133

Earlier quoted context omitted.

You know, I didn't say anything directly about people with advanced degrees in the sciences in my first comment, and I think I should have left it at that because you're picking a fight with me over a topic you brought up.

You were the one who defined the "stereotypical unemployed Gen-Yner", as "a liberal arts graduate, and for good reason. The engineers are fine". This just isn't the case, it isn't by a long shot. Anyone who makes statements risks having them checked against reality.

It's hard to see how your statements about biologists and chemists is at all relevant to my statement about engineers. If I meant "STEM", I would have said "STEM", not "engineers".

Re: American Dream Fades for Generation Y Professionals

#134
post #80

Earlier quoted context omitted.

Demonstrably untrue and profoundly disturbed.

Demonstrate it then.

Look at the reply on the sibling comment. Your position is debunked and your willingness to believe it speaks volumes of your personal failings.
Post reply on HN