While Gen Zers and millennials are perceived as having a hard time meeting financial milestones, "glimmers of optimism" stand out, according to a new report.
Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce, such as finding a job, getting promoted or buying a house.
Ha! What a joke of an article. The financial and environmental and social concerns today are wildly different. Many CAN’T do what their parents or grandparents did. It’s not a one to one comparison.
Read ‘Hell’s Angels’ by Hunter Thompson. He has a chapter on the economics of being a biker/hippie/artist. A part-time waitress could support herself and her musician boy friend, and six months as a Union stevedore would keep an Angel on the road for two years.
It’s tragic what capitalism has done to the middle class in this country, and that includes brainwashing us into accepting it, if not directly advocating for it.
Before Nixon took office, ‘middle class’ was one job supporting a family of four. That’s with a house, a car, and money to send the kids to college. In those days, $1 million was a giant fortune. By the time Bush Sr. left office ‘middle class’ was two incomes to support the family and $1 million was what a rich guy paid for a party.
Ha! What a joke of an article. The financial and environmental and social concerns today are wildly different. Many CAN’T do what their parents or grandparents did. It’s not a one to one comparison.
Read ‘Hell’s Angels’ by Hunter Thompson. He has a chapter on the economics of being a biker/hippie/artist. A part-time waitress could support herself and her musician boy friend, and six months as a Union stevedore would keep an Angel on the road for two years.
It’s tragic what capitalism has done to the middle class in this country, and that includes brainwashing us into accepting it, if not directly advocating for it.
I say this all the time.
Before Nixon took office, ‘middle class’ was one job supporting a family of four. That’s with a house, a car, and money to send the kids to college. In those days, $1 million was a giant fortune. By the time Bush Sr. left office ‘middle class’ was two incomes to support the family and $1 million was what a rich guy paid for a party.