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I look at kids today, needing crisis counseling because someone wrote "Trump 2016" in chalk on a sidewalk, having their parents go WITH them on job interviews, having absolutely zero sense of personal responsibility or ability to handle a crisis and I wonder what's in store for us when they inherit the country.
After all, the youth is the future and WE failed them for enabling and fostering this nonsense that "everyone gets a trophy" or that good parenting is hovering over your kids to the point where they can't function without you.
I truly hope this is just a symptom of the 24/7 news media where we see so many of these stories just because we have access to so much information but I fear it's more systemic and that we are basically screwed.
As others have pointed out, during the greatest generation 18 year olds were storming the beaches in Normandy and today they need crisis counseling because someone wrote the name of a presidential candidate they don't like in chalk.
In my dad's generation, you were EXPECTED to leave the house at 18 and support yourself. Today, you have kids taking their parents with them on job interviews
The answer - real life will kick them in the butt and give them a wakeup call. They will know that the world does not revolve around them for the most part.. the exception would be a celebrity or a famous musician. But most people are not going to be that lucky. So life will kick them in the butt and give them a wakup call. then they might learn a few lessons.
I wouldn't consider taking on more debt as being 'financially beneficial'.
It can be. Think leverage. States, cities, school districts, etc., and businesses do that all the time... finance debt by issuing bonds or issuing and selling more stock to develop new resources, which then results in more jobs.
Quote:
Wasn't that part of the housing collapse? People re-mortgaging their homes for cash?
Yes, but you'll note that one of the correct answers was that Mrs. Jones would have more money AVAILABLE if she refinanced the loan. That, in fact, is true, even if she did end up with more debt.
I'm going to call you out on this one. Why should Cheesecake answer your question if all you do is copy-paste handpicked messages that you go around posting everywhere in a smug condescending tone. You didn't even respond to a good point they made
Yes, I did. I asked why millennials were NOT doing what the Georgetown University report suggested.
And it's not just me recognizing the reality that millennials in larger numbers than other generations have "Failed to Launch." For pete's sake, GEORGETOWN UNIVERSITY published a 78-page report on it.
I live in Arizona which is one nation's welfare epicenters and it's amazing how these young entitled female's have baby after baby because they know the liberals will raise taxes on hard-working middle-aged workers and senior's to pay for their millenial welfare programs.
In the 70s and 80s there was a much smaller safety-net for families compared to today. Today, there are households bringing in $12,000 welfare EITC credits a year, $10,000 plus in food assistance yearly, $15,000-$20,000 in Section 8 vouchers, $10,000 per child in state and local taxes for complimentary childcare from 5 to 18 years old from 8am-3pm, free medicaid for any extra babies they want to add to their already large families. They get hundreds a month in utility assistance.
Its just ridiculous the mentality of today's millenials as opposed to prior generations who worked hard and lived modestly with much smaller safety net.
Liberals love Medicaid babies because they are counting on those votes for the future. Liberals also like to lecture us about "the poor children" to make people more empathetic to big tax increases for their manufactured social problems.
It's entertaining going to the grocery store and basically from 1st thru 10th of the month and basically it's just these millenial families with 3 to 5 kids each or even more. They know that Obama and the State will always be there for them giving them thousands in free-hand out's monthly.
The liberalism in this country is totally out of control. It's ridiculous the expansion of the welfare state over the last generation.
The poor millenial baby factories get $1500 or so in rental vouchers, $1000 or more in free food monthly along with other liberal goodies like complementary childcare, utility bill assistance and fake grants to go to school while not working. Now the extreme liberals want to make sure these women who have babies when poor get reduced cost diapers.
Compare that to the senior's of America who worked all their lives and are shortchanged by the government.
Millenials also take out lots of loans to study weird majors in universities. They also don't like to work while attending and many live a celebrity lifestyle exclusively off student loans. Many Millenials take out private loans to attend graduate programs thinking they will graduate into an immediate six-figure position.
I look at kids today, needing crisis counseling because someone wrote "Trump 2016" in chalk on a sidewalk, having their parents go WITH them on job interviews, having absolutely zero sense of personal responsibility or ability to handle a crisis and I wonder what's in store for us when they inherit the country.
After all, the youth is the future and WE failed them for enabling and fostering this nonsense that "everyone gets a trophy" or that good parenting is hovering over your kids to the point where they can't function without you.
I truly hope this is just a symptom of the 24/7 news media where we see so many of these stories just because we have access to so much information but I fear it's more systemic and that we are basically screwed.
As others have pointed out, during the greatest generation 18 year olds were storming the beaches in Normandy and today they need crisis counseling because someone wrote the name of a presidential candidate they don't like in chalk.
In my dad's generation, you were EXPECTED to leave the house at 18 and support yourself. Today, you have kids taking their parents with them on job interviews
I live in Arizona which is one nation's welfare epicenters and it's amazing how these young entitled female's have baby after baby because they know the liberals will raise taxes on hard-working middle-aged workers and senior's to pay for their millenial welfare programs.
In the 70s and 80s there was a much smaller safety-net for families compared to today. Today, there are households bringing in $12,000 welfare EITC credits a year, $10,000 plus in food assistance yearly, $15,000-$20,000 in Section 8 vouchers, $10,000 per child in state and local taxes for complimentary childcare from 5 to 18 years old from 8am-3pm, free medicaid for any extra babies they want to add to their already large families. They get hundreds a month in utility assistance.
Its just ridiculous the mentality of today's millenials as opposed to prior generations who worked hard and lived modestly with much smaller safety net.
Liberals love Medicaid babies because they are counting on those votes for the future. Liberals also like to lecture us about "the poor children" to make people more empathetic to big tax increases for their manufactured social problems.
It's entertaining going to the grocery store and basically from 1st thru 10th of the month and basically it's just these millenial families with 3 to 5 kids each or even more. They know that Obama and the State will always be there for them giving them thousands in free-hand out's monthly.
The liberalism in this country is totally out of control. It's ridiculous the expansion of the welfare state over the last generation.
The poor millenial baby factories get $1500 or so in rental vouchers, $1000 or more in free food monthly along with other liberal goodies like complementary childcare, utility bill assistance and fake grants to go to school while not working. Now the extreme liberals want to make sure these women who have babies when poor get reduced cost diapers.
Compare that to the senior's of America who worked all their lives and are shortchanged by the government.
Millenials also take out lots of loans to study weird majors in universities. They also don't like to work while attending and many live a celebrity lifestyle exclusively off student loans. Many Millenials take out private loans to attend graduate programs thinking they will graduate into an immediate six-figure position.
Are you leaving Arizona soon??
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