Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Actually id what the OP says is true then they pretty much sound like the previous generation.
Credit cards took off in the late 70's and early 80's.
Rent to own businesses were everywhere in the 80's.
Auto leasing became really popular in the 90's.
All so that folks could keep up with the jones.
No where millennials are different is the sense of entitlement. The sense that showing up should be good enough. They need their safe spaces and they are easily hurt.
Guess what generation taught them to be that way? LOL
Actually id what the OP says is true then they pretty much sound like the previous generation.
Credit cards took off in the late 70's and early 80's.
Rent to own businesses were everywhere in the 80's.
Auto leasing became really popular in the 90's.
All so that folks could keep up with the jones.
No where millennials are different is the sense of entitlement. The sense that showing up should be good enough. They need their safe spaces and they are easily hurt.
Guess what generation taught them to be that way? LOL
Ever hear of keeping up with the Joneses? This is nothing new.
Every generation seems to enjoy trashing the one after them. I don't know why. There's something to be learned from our differences. My son is a teenager and I think his generation has it a lot harder than mine did. Expectations for kids are through the roof. In middle school they're already thinking about what they need for college applications, and they'll still have a much tougher time getting into their top pick than we middle-aged folks did.
My son also eschews social media. There's a growing segment of these kids who do. It will be interesting to see how it evolves.
In general I find this generation to be much more tolerant and open-minded than mine is, which is a great thing.
Millennials really seem to doing all they can to have a fecade of living a life of luxury.
Millennials love to splurge though. Only the best compared to previous generations.
It is interesting to see how basic the 1980s and 1990s were compared to excess, luxury-fixated culture of today.
I love watching old videos and how basic it all was compared to today.
That 59 cent morning coffee of a generation ago is now $5.99 latte plus a $3.95 muffin with 10% sales tax in places like Long Beach, California which all the tax increases.
Millennials also love to splurge on luxury cars. Can't instagram in old clunker to get from one place to another, so they must buy only the best.
On a daily basis, I see far, far more millennials escorting themselves in luxury as opposed to senior-citizens
Millennials seem to be counting on the intangible jobs boom to continue to sectors like finance insurance real estate, consulting, government-subsidized health-care and government subcontractors.
It almost seems like a leveraged based economy, where many millennials worked for companies that are surviving just on leverage, leveraging themselves things like student loans, mortgages for luxury homes, only the best in automobiles with all the bells and whistles.
Cities and states are also proposing more leverage with massive tax increases also so they can have luxury public schools for millennials children.
?????????? I think it all depends on your bubbles. My bubble -- the old ones are the ones with the pretty cars driving around town.
Can we merge all of the "millennials destroying the world" threads into a single one like we do with other overused topics here? This topic is incredibly old.
Especially when these threads are full of the same posters making the same tired remarks.
We get it, young people have ruined everything, and things aren't like the good old days anymore. Let's not forget who raised these supposedly awful people...
It's not that they've ruined everything. It's just that they're the least capable U.S. generation, yet.
Quote:
"The PIAAC results highlight deeper social issues concerning not only how we compete in a global economy, but also what kind of future we can construct when a sizable adult population—especially the millennials—lacks the skills necessary for higher-level employment and meaningful participation in our democratic institutions."
"We hear about the superior tech savvy of people born after 1980 so often that we tend to assume it must be true. But is it?
Researchers at Princeton-based Educational Testing Service (ETS) expected it to be when they administered a test called the Program for the International Assessment of Adult Competencies (PIAAC). Sponsored by the OECD, the test was designed to measure the job skills of adults, aged 16 to 65, in 23 countries.
[/b]
Educational gurus of the time intentionally began dumbing-down our country's public schools 50 years ago, that has continued, unabated, and now our society is reaping the disastrous results. The reason WHY they intentionally dumbed-down schools might surprise you...
While y'all may trash the millenials, my experience, baby boomers and Gen X'ers are guilty of being stupid and spending too much.
When the housing crisis hit in 2007/2008 -- we lived in a community that saw house values crash. MORE neighbors than not were way underwater, having used their home equity lines of credits for fancy cars, fancy theater rooms and fancy vacations.Some lost jobs .....and then had to relocate but couldn't afford to move. It was sad - they were all boomers and x'ers. Not a millenial in the bunch.
What is with these threads hating on millennials. Many I know have masters and PHD's.
They're not quite worth what you believe they are...
Quote:
"This exam [OECD's PIAAC], given in 23 countries, assessed the thinking abilities and workplace skills of adults. It focused on literacy, math and technological problem-solving. The goal was to figure out how prepared people are to work in a complex, modern society. And U.S. millennials performed horribly...
But surely America’s brightest were on top?
Nope.
U.S. millennials with master’s degrees and doctorates did better than their peers in only three countries, Ireland, Poland and Spain...The ETS study noted that a decade ago the skill level of American adults was judged mediocre. “Now it is below even that.” So Millennials are falling even further behind.
Top-scoring US millennials – the 90th percentile on the PIAAC test – were at the bottom internationally, ranking higher only than their peers in Spain. The bottom scorers (10th percentile) also lagged behind their peers."
Ugh. Sick to death of all the generational bashing.
I agree that consumerism is out of hand, but millennials didn't invent it, and "Keeping up with the Joneses" is as old as the concept of status itself.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
