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Millennials are different because many, if not most of them grew up in affluent homes where their parents bought them everything their hearts desired. They had the nicest clothes, the newest video game systems when they came out, and their car of choice when they turned 16. Most of that was bought on credit. Millennials are going to have to come to realization that the real world works differently than how they grew up. Unemployment is high among this generation but it isn't all because of the economy. Many college educated Millennials are underemployed or unemployed by choice. Go to any coffee shop in Portland and see. The priorities of this generation are different than the 80s yuppies. This generation is more like the '60s hippies, except with iPhones and from more privileged homes.
Ehhh.....that really isn't true. A lot of Millennials grew up in single parent families, which tend to be not very affluent.
I'm an X'er. I've always dumped on the baby boomers. It turns out that I was right the whole time. They took a great nation and ran it into the ground by turning society into a vehicle for their selfishness and gratification. They got the party, the millennials will pay the bill and clean up the mess.
This is also pretty much how I feel. I am also an X'er who things the Boomers are the most hypocritical generation.
Love it. Millennials have inherited the most horrid economy since the Great Depression, yet Xers and Boomers want to complain about us like we are broken. Maybe if they wouldn't have broke our economy then millennials would be in a better position today!
Look what the generation that inherited the economy of the great depression did.
Certainly not most of them. Not even many of us grew up in affluent families. Affluent people are the least likely to have children in this world. How could most millennials come from affluent families?
What about the 20% of us that were born to immigrant parents, which tend to be less affluent? What about the enormous percentage of millennials that grew up in broken homes, which tend to be less affluent? Our parents had a 50% divorce rate you know.
By Generation Y standards, "less affluent" was still far more privileged than previous generations. So what if you had a Playstation 2 in 2005 instead of a PS3, or were bought a used car when you turned 16 instead of a new one, or had to go to a state school instead of Ivy League. This generation, as a whole, was far better off financially than previous generations. It was quite common for self-absorbed baby boomer parents to not spend much time with their millennial kids but buy them everything their hearts desired as a method of showing love.
By Generation Y standards, "less affluent" was still far more privileged than previous generations. So what if you had a Playstation 2 in 2005 instead of a PS3, or were bought a used car when you turned 16 instead of a new one, or had to go to a state school instead of Ivy League. This generation, as a whole, was far better off financially than previous generations. It was quite common for self-absorbed baby boomer parents to not spend much time with their millennial kids but buy them everything their hearts desired as a method of showing love.
What you are talking about is strictly a phenomenon of the upper middle class. I employ a lot of millennials from working class and immigrant families and none of them seem to have had the experience you are talking about. The decline of working class living standards began around 1980. A lot of millennials grew up with their parents going through that.
What you are talking about is strictly a phenomenon of the upper middle class. I employ a lot of millennials from working class and immigrant families and none of them seem to have had the experience you are talking about. The decline of working class living standards began around 1980. A lot of millennials grew up with their parents going through that.
I'd say that's a pretty fair assessement.
I'd also say that the milennials won't be the same people they are now in another twenty years. Life has a way of changing you over time. Sometimes for the better, sometimes for the worse. Hopefully the millenials will recognize the value in fiscal sanity and take corrective actions.
is the millenial generation over yet? My son is 2. Is he a millenial or something else? Generation Z perhaps? Generation Z sounds cool. It has that end of the line kind of feeling to it. Maybe it's generation Z that finally starts dropping nukes on each other's heads. As you guys can probably tell I ultimately do not have as much faith in humanity as some of you have or to put it more accurately I do not have as much faith in all of humanity. Despite the fact that there are a lot of decent, compassionate people in the world it only takes a few bad apples to ruin it for the rest of us.
^^^Millennials are roughly born between 1983 and 2000. I would say having a 90s childhood is one of the core qualifications for being a millennial so I would say if you were under 10 at any point in the 1990s, you qualify. Late millennials had more of an early '00s childhood but culturally they are not much different from the twentysomethings so they fit. Generation Z is pretty much post 9/11 babies.
Millennials today really romanticize the 1990s.
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