MicroWave@lemmy.world to politics @lemmy.worldEnglish · 1 month agoGen Z Won’t Save Usslate.comexternal-linkmessage-square91fedilinkarrow-up1298
arrow-up1298external-linkGen Z Won’t Save Usslate.comMicroWave@lemmy.world to politics @lemmy.worldEnglish · 1 month agomessage-square91fedilink
minus-squareprolelinkfedilinkarrow-up1·1 month ago and then the generation that graduated after us coincided with our parents retiring and freed up the good jobs for them. You think millennials had good jobs out of college? Ever heard of 2008?
minus-squareHemingways_Shotgun@lemmy.calinkfedilinkEnglisharrow-up1·1 month ago2008 wasn’t the fault of bad jobs. It was the fault of overly greedy banks offering sub-prime mortgages to people would otherwise never qualify for home ownership, and then crying for a bailout when those new homeowners (unsurprisingly) defaulted.
minus-squareprolelinkfedilinkarrow-up1·edit-21 month agoI never said it was the fault of bad jobs. I’m saying the result was about a decade of no (good) jobs.
You think millennials had good jobs out of college? Ever heard of 2008?
2008 wasn’t the fault of bad jobs. It was the fault of overly greedy banks offering sub-prime mortgages to people would otherwise never qualify for home ownership, and then crying for a bailout when those new homeowners (unsurprisingly) defaulted.
I never said it was the fault of bad jobs. I’m saying the result was about a decade of no (good) jobs.