A generation accustomed to financial challenges is dealing with their recession fears through wry TikToks and by swapping cost-cutting suggestions online.
Millennials are worried they are about to experience a “once-in-a-lifetime” recession. Again.
Dire economic downturns are supposed to be rare, but millennials — defined by the Pew Research Center as those born between 1981 and 1996 — have already had several recessions during formative stages of their lives, from the dot-com bubble burst when most were children, to the Great Recession as they entered the workforce after college, to the Covid-19 pandemic when they were trying to settle into their careers.
Once dubbed the “unluckiest generation,” millennials have postponed major milestones during past recessions. A significant slice of them graduated college between 2007 and 2009 and struggled to find jobs, which led them to delay buying homes, getting married, and making major purchases, such as cars. Then, after the pandemic led to another sharp recession, some millennials, contending with student loans and rising costs of living, decided to rethink having kids.
Millennials were fucked repeatedly by the economy and still are and now other generations. But nah let’s let these boomer assholes just destroy everything and turn the country into a giant trailer park of inbreds.
This is such an easy problem to solve.
Let them repeal Medicare.
Within a month either half the boomers will be dying, OR, you’ll have an army of 5 million boomers charging the white house to gadaffi the orange fuck unless he gives them back their viagra.
Or.Suspend social security, if you want to guarantee the latter.
Those outcomes are the explicit reasons they HAVEN’T repealed those programs in the past. Gutted them several times over, turned them into money piles for The Rich, yes, but never, EVER actually tried to repeal them. They’ve campaigned against these programs for DECADES, screaming about how awful they are, how they’ll get rid of them and then everyone will be wealthy, for YEARS!!!
But they haven’t. As a political scapegoat, they’re too damn useful; they consistently get a major voting bloc motivated and just plain angry enough to head to the polls and knowingly, openly vote against their own interests. But more than that, they know that those same people, the ones frothing at the mouth against the immigrant, the queer, and the minority, are the ones who will suffer most should these programs fail, leading them to direct their anger at those who caused it.
And so, the programs persist, for should they actually fail, heads will roll…
Which is exactly why we should encourage them to grab that third rail with both hands and not let go.
I want to see a president face a real-time, physical referendum on their performance.
Have I mentioned I still can’t afford a house? K. Thx
19000 dollars just to birth a kid without insurance.
Time to DIY!
That’s a weird way of writing “millenials are ready to bring back the guillotine”
I just want a fucking house and freedom to live as I please
Security has been the one thing I’ve lacked my entire life. I haven’t lived in any location for longer than 4 years ever, even in childhood… I’m so fucking sick of moving and not having a “home.”
The way things are going though I’ve completely given up on it. I’ve been single for almost a decade now and house prices have gone so absurd that there’s no way I’m doing it on a single income.
Yeah, we were going to start looking in earnest next year if things looked positive.
Now my downpayment funds are looking like a “flee the country with my naturalized citizen spouse” funds
This is a fluff peice to tell people they are passive and don’t need to shoot or stab oligarchs in self defence.
https://m.youtube.com/watch?v=fXmesegG-Bo
(luckily it’s easy to stop being rich)
Reformists can keep calling their representatives and organizing to support election voracity and voting rights ig. But like maybe do it more or harder than before? thx!
WTF? Only Gen Y lived through these things?
When the housing crisis occured I remember having to find a job in that market. It took me close to 5 years to “recover”. It sets you back when almost everyone you know can’t get a job.
This time around there’s real talk from industry leaders to just have AI do intelligent work. It does not really matter if they can if the elites just want to burn their money and not pay anyone. The money gets siphoned up not spread around this way. At least it feels like it.
Because of the last couple of world changing events, the family has been getting pretty good at canning, food saving, water saving, and knowing our community. It helped out last two times things went to shit.
Ive read this title a few times now over the last ten years. It’s not millenials, it’s rich vs poor. All generations get fucked by the rich and all generations don’t want to live through hard times because of what’s obviously being caused by the pricks in charge of things.
I’m pretty sure a lot of us don’t want to live… Like at all.
This, when you literally have nothing, no house, crap car, what’s health insurance? Assets, investments, or any type of security that has interest for the seeable future, in relation to the infrastructure of our economy regarding most of what we get from our paycheck. Add inflation to most things, what in the hell is a savings account? And then cost of living, food prices and just barely the necessities and sustainability within the human life to attain just the basic needs. I mean damn we are not asking for much. Then you get several out comes, passiveness, passive suicide ideation, suicide, suicide ideation, nihilism (my favorite), and last apathetic. Because it’s not like we have anything to loose because we couldn’t ever afford to, to begin with. You either are a nepo/trust fund baby who was born into wealth, or you are poor like the rest of us in our generation. I mean shit how many screwed up world wide event of an economy crashes did we live through? So this comment is so real and so relatable.
I heard scrap mining electronics from the 2000’s is quite the rage.
Nah the rage is just the heavy metals toxicity
Still healthier than the metal industry.
I plan to Die at 50 so eh.
I wonder how many millenials have that same exit plan.
Cant say mellinials didnt vote for this. Basically a 50/50 vote between Trump and Harris.
So… an equal amount specifically requested the opposite of this? If you can’t say they didn’t vote for it, then by the same measure you can’t say they didn’t vote against it.
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Considering that Harris won the groups both 18-29 and 30-44 years of age (the two that include millennials), I’m not sure what your point is. Seems to me like they didn’t, in fact, vote for this.
This is an exit poll, not real numbers from the election.
Get them to vote first and I’ll consider their worth.
Gunna need some time off both jobs and a ride there. (both jobs pay for either car or rent, not both)
Fair
Nah. This time they can’t blame the boomers for it.
You will be the same. The boomers where once hippies.
Yes, the boomers were allowed to be two faced because economic stability facilitated it. Millenials don’t have that.
Millenials also thought they where better than boomers. It’s a cycle. The greatest generation was the greatest, all after are trash.
It’s a cycle
I’m thinking this is the perennial truth. Until/unless some incredibly truly paradigm-breaking thing happens. The kinds of minor fluctuations that have happened so far are not really it, either. The “my generation has these unique properties” and “those other generations just don’t understand” is probably a story as old as time.
I mean something truly top-tier futurist kind of thing(s).
No one after ASI will understand the people before ASI. Imagine the perfect doctor that does not neglect you, assuming we aren’t just killed off.
I’m trying to imagine what it might be like for people that have radical life extension, combined with even AGI, along with a post-scarcity world, trying to understand the hivemind thinking that came before…I do think you are onto something. It’s hard for any of us to be sure what that world might be like but it will likely be very hard (short of mind uploads of those that straddle this shift) for them to understand how myopic people in this time seem to be (as a generality).
I find it just so weird that only a few people seem to be thinking about what is possibly coming next, and only constantly steer by looking in the rear view mirror. Especially even AFTER seeing (relatively) minor changes like refrigeration, electricity, septic systems, television, radio, satellite communications, Internet, the Green Revolution, smart phones, vaccinations, container shipping, and early LLMs and how they are all continuing to change culture. It’d be one thing to have this mindset maybe before the Industrial Age…maybe.
Case in point - things like UBI - are barely discussed. Even as we see MASSIVE wealth inequality underway, the likes of which the world has never seen before. Instead of serious discussion about a transition to UBI and serious talk about post-scarcity economies, a whole lotta dipshits are cheering on the likes of fElon kicking out the rather pathetic safety nets we have left.
