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"The racial wealth gap has become a heated issue as part of the ongoing woke crusade, but rather than the economic elite, it is average, workaday White Americans who are the scapegoat. White millennials in particular—ironically given their role as some of the most vocal carriers of the woke torch—will be the primary bearers of this burden The explosion of anti-white identity politics over the past decade coincides with one of the worst economic crisis’ in modern history which has particularly impacted Millennials."
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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I keep hearing this but don't see it. I have two millennial kids doing very well, that have bought houses and new cars in this expensive area, and the others that we know are doing better in many cases than their boomer parents.
I'm a manager and have 4 white millennial employees ages 26-34, all seem to be doing just fine with their salaries from $65-90k, and great benefits. In the last few years 3 of them have had a promotion.
I keep hearing this but don't see it. I have two millennial kids doing very well, that have bought houses and new cars in this expensive area, and the others that we know are doing better in many cases than their boomer parents.
I'm a manager and have 4 white millennial employees ages 26-34, all seem to be doing just fine with their salaries from $65-90k, and great benefits. In the last few years 3 of them have had a promotion.
It is a California issue:
"In California there is an unspoken dynamic in which well-off, White, liberal boomers signal their loyalty to the woke cause by putting a BLM sign in their yard and are thus able enjoy the rest of their golden years, self-assured of their moral righteousness, all while the policies and rhetoric they have supported have ensured that their descendant’s quality of life will decline for generations."
That's great for your kids, but your personal anecdote doesn't have the same weight as the actual data.
There's a jaw-dropping wealth gap between millennials and boomers. Besides, you can find plenty of anecdotes online even (maybe check out reddit's "Lost Generation" to use one example) of millennials struggling and unable to reach the middle class due to college debt, poor working conditions, and the cost of housing.
I don't suppose the fact that Boomers have been in the work force 20-40 years longer than the millennials has anything to do with that?
There's growing awareness of the problems the "me generation" has wrought. It'll be incumbent on younger generations of all types to scrutinize and call out the boomer-millennial wealth gap, as well as baby boomer privilege in general.
That's great for your kids, but your personal anecdote doesn't have the same weight as the actual data.
There's a jaw-dropping wealth gap between millennials and boomers. Besides, you can find plenty of anecdotes online even (maybe check out reddit's "Lost Generation" to use one example) of millennials struggling and unable to reach the middle class due to college debt, poor working conditions, and the cost of housing.
I don't suppose the fact that Boomers have been in the work force 20-40 years longer than the millennials has anything to do with that?
When I graduated college the inflation rate was over 10%. Mortgage rates were over 16%. Minimum wage was $3.35/hour. Life was a bowl of cherries for us.
I don't suppose the fact that Boomers have been in the work force 20-40 years longer than the millennials has anything to do with that?
When I graduated college the inflation rate was over 10%. Mortgage rates were over 16%. Minimum wage was $3.35/hour. Life was a bowl of cherries for us.
And those college loans you likely had were considered unsecured and were at market rates.
That's great for your kids, but your personal anecdote doesn't have the same weight as the actual data.
There's a jaw-dropping wealth gap between millennials and boomers. Besides, you can find plenty of anecdotes online even (maybe check out reddit's "Lost Generation" to use one example) of millennials struggling and unable to reach the middle class due to college debt, poor working conditions, and the cost of housing.
Yeah, who would expect that I, at almost 70, after having worked for almost half a century would have more wealth than a 35 year old?
It's just crazy. How'd that happen?
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