The Lost Generation (loans, sell, money, financial)

[Chango]

What makes it worse is that most kids were raised from birth to believe they were special, important and could accomplish anything if they worked hard enough.

Somebody forgot to tell them the game was rigged against them from the start.

[jazzlover]

Originally Posted by Chango

What makes it worse is that most kids were raised from birth to believe they were special, important and could accomplish anything if they worked hard enough.

Somebody forgot to tell them the game was rigged against them from the start.

Actually, what they were told was that they were entitled. Nobody wanted to trouble them with the hard facts that low to mediocre critical thinking skills, low to mediocre motivation, low to mediocre job skills, and low to mediocre learning skills would not earn them more than a low to mediocre living when they grew up. The debt bubble and lavish entitlements let them to believe that there really was a free lunch well into their adult years. Now they are finding out that it wasn't true.

I look back at the Great Depression. Both of my parents lived through it and both of them were employed for all of it. Neither was in a soup line, went hungry, or was on public assistance--ever. To be sure, their lifestyle was very austere, but they managed to do OK--even have some fun along the way. How? Both were motivated, willing to learn, willing to work, and willing to save and sacrifice for a rainy day--what a concept. Most of our younger generation today is willing to do almost none of those things consistently. The few that are willing to do those things will do OK--the rest, well . . .

[Zyngawf]

There is no promise of jobs. I know it has already been said.

That article mentions single mothers more than once. Any young person that does this is making their own problems and bad choices.

[RiverBird]

Originally Posted by Nocontengencies

There is no promise of jobs. I know it has already been said.

That article mentions single mothers more than once. Any young person that does this is making their own problems and bad choices.

Yeah, things like being a mother before being victim to a seriously abusive relationship or losing your husband in War or 9/11 is really a bad choice.

[Zyngawf]

Originally Posted by newenglandgirl

Yeah, things like being a mother before being victim to a seriously abusive relationship or losing your husband in War or 9/11 is really a bad choice.

That isn't the majority of single mothers and you know it.

[jodipper]

Originally Posted by newenglandgirl

Yeah, things like being a mother before being victim to a seriously abusive relationship or losing your husband in War or 9/11 is really a bad choice.

That is less than 1% of the population. Can you think of better examples? I can't.

[RiverBird]

Originally Posted by Nocontengencies

That isn't the majority of single mothers and you know it.

There's many good reasons for many single moms being single moms, but those who like to stereotype people do not want to hear them.

[Zyngawf]

Originally Posted by newenglandgirl

There's many good reasons for many single moms being single moms, but those who like to stereotype people do not want to hear them.

Human beings sometimes make bad decisions. It shouldn't be an issue for society if their problem is of their own making. Iv' had to live with my own decisions and they should too. And if we are mainly talking about college age people I think it safe to assume it is just young people that weren't careful enough and ended up as parents as a result of that.

[Philip T]

Not saying it like a prediction or anything, but I can reasonable foresee a rise in "alternate" income careers like moonshining was held up a merited act a few posts above.

I suppose drug-running/trading is the modern equivalent of moonshine?

Maybe piracy of various import shipments? Sort of a home-grown tariff, there.

Alternate and Counterfeit Currencies? Paper = paper, after all.

[Chango]

Originally Posted by jazzlover

Actually, what they were told was that they were entitled. Nobody wanted to trouble them with the hard facts that low to mediocre critical thinking skills, low to mediocre motivation, low to mediocre job skills, and low to mediocre learning skills would not earn them more than a low to mediocre living when they grew up. The debt bubble and lavish entitlements let them to believe that there really was a free lunch well into their adult years. Now they are finding out that it wasn't true.

I look back at the Great Depression. Both of my parents lived through it and both of them were employed for all of it. Neither was in a soup line, went hungry, or was on public assistance--ever. To be sure, their lifestyle was very austere, but they managed to do OK--even have some fun along the way. How? Both were motivated, willing to learn, willing to work, and willing to save and sacrifice for a rainy day--what a concept. Most of our younger generation today is willing to do almost none of those things consistently. The few that are willing to do those things will do OK--the rest, well . . .

Entitlement may have something to do with it, but you'd be, well...*disappointed* too if you were promised the moon and told you have the potential to get there on your own, only to be sent kicking turds down the road when you time came to shine.