A small number of people who went into politics or inherited enough to fund politicians changed the rules, and not in a good way. The majority of us have no power and never have had. The Supreme Court citizens United ruling made unlimited political bribery legal so that a few very wealthy make the rules. That is what needs to change in order to set things right.
Becky Alexander I dunno if that alone would stop bribery.. if 'lobbying' becomes illegal, the crooked people who buy off candidates illegally will have an edge in politics:P
Many of us GenX-ers are in the same boat! What you say is true... I get it! I have 3 millennial daughters... they don't fit the stereotype. There's too much generalization these days... from all directions!! :/
Worked hard in highschool got into a great culinary school in New York graduated in 2008. My Externship wanted to hire me but one major issue. They were laying off all their stuff due to the financial crash. But my external head chef give me an amazing recommendation, I got my first major culinary job. 6 month later Laid off, student loans started coming in. I walk the streets of New York with Resume, Portfolio, and Recommendation from my Chefs. I received the same response from everywhere I applied. "We very sorry but we're not hiring at this time". Or "We would hire you but we're currently laying off". I had no choice but to go on assistance. But I was determined to keep looking. I noticed that the buses were still running and a friend of my family who was a driver told me about it was a good and secure job. So I retrain myself took the money from my assistance and go a CDL. Got the job with the MTA and never looked back. We millennials have been fucked over by the action of the previous generation all the student debt is due to their fuck up.
KamidakeRed can be said for every generation. Every... single... generation... for the last... 50 years. Somehow every time a millennial speaks, he sounds like a millennial. Hmmm....
i find your post SUPER amusing. I guess having google and wikipedia there all the time make you use it less. You know very little about history i take it. Crashes has been around forever. You are here for the latest part of automatization. People have been losing jobs to machines for 50 years, and having to retrain for these reasons. You dont have it harder. It FEELS like you have it harder because you are in fact a softer generation. I dont judge your generation for it, its a part of our globalization. Its a part of our world based on entertainment and passing time. You just have to accept that the older generation look at you and smirk, and believe me, you will in 20 years, do the same with the generation that is being born now. Enjoy it. All this is old.
KamidakeRed Actually it is as out of control for us, the older generation, as it is for you. We have been unable to wrest the money away from the military, chemical, financial ghouls who would exterminate us. I wish you luck with your fight against evil, I certainly hope you do better than we've done. I'm surprised your making it with CDL, many aren't.
Matatatata Tatatata The difference? The previous generation didn't have to go through this process nearly as long as we do today. By the time they were 20, my parents owned a home, a car, could easily support 2 kids without government aid with my dad being the only one working, and all on a single job. He made 14 an hour when he retired. I make 12 an hour and can barely afford a small apt rental, no car, no kids because I simply cannot afford them, and in debt up to my ears for school.
I have the same god damn story and I hear it from everyone and it makes me sad. I graduated from the #1 public University in the country with a degree and got a great job straight out of college. Then financial crash and my company sold out to larger competitor and they laid off everyone just so they could get the client list. (3 Owners made obscene profits while leaving hundreds unemployed). 50 interviews later, nobody is hiring. I took contract work in tech support with a small medical company where after fixing all their problems they decided to not renew the contract. My father dies and I have to take every penny of inheritance and my entire life savings to buy a failing storage business plus a massive bank loan. I managed to turn it around and I will spend the next 20 years paying off a loan just so I have job security. At least I can't be laid off again. But I probably will work until I die.
You don't even need to build homes for the homeless, so many hotels in Daytona Beach are closed and fenced off, while the homeless wonder the streets. We need to stop allowing the rich to waste resources on such projects just to abandon them when they're no longer making money. It makes no sense for there to be 40 story hotels decaying away while there are homeless people who need assistance.
Since time immemorial, it's the overly wealthy who are screwing over the population and they make up the excuses such as "personal responsibility" and "leaching off welfare from the productive"; but they're the same ones who would ask welfare from the government after fucking the economy and lobby for tax breaks only to ship the money to some offshore tax havens.
"Homeless problem? Give em a home! Legalize squatting in all those abandoned buildings." -Jello Biafra Your comment reminded me of that quote, and I haven't heard it in almost a decade.
You people are asleep at the wheel. You would be insulted if someone called you a Communist; but you are spouting COMMUNISM! ( Remember, they are the ones who are responsible for 85 to100 million human deaths! ) Most rich people (and I am not one ) got that way by WORKING! Most homeless people got that way by NOT WORKING ( plus alcohol and drug use ). WAKE UP!
Burkhold St. Rudderberg No YOU are asleep at the wheel. It doesn't fuckin matter if you're a capitalist, communist, fascist, socialist, or whatever the fuck you claim to be, any human with common sense can see that 3-5 25 story buildings, closed and fenced off, is NOT a good thing. It is a gross waste of resources. People with the money to fund such projects NEED to be held accountable to those projects. It doesn't matter who you are or how rich you are, to create buildings like that to waste away is an atrocity. If the rich guy who built the shit can't do something with it, it ought to be siezed and utilized elsewhere. It doesn't matter what you claim to be, WASTE is unacceptable be it food or a fuckin building.
My biochemist took only 10k of student loans to pay off for his entire educational and medical career. That's about 12+ years of education and only 10k of debt. Public universities used to be 2k a year back in the 80s. Now it's 15-30k yearly.
I graduated with $24k in debt that I paid off within 1.5 years with a job that requires no education. Had I never gone to college, I'd have 2 houses paid off and well over $200k in the bank.
Yeah guys, it's called liberalism. Once you make it mandatory to give someone a loan, no matter their credit, to go to school.... the Universities skyrocketed the price.... just like Obamacare & the 2008 Housing Bubble. Liberalism is Communism and is a mental disorder. You people voted all of this in yourselves.
Random dude What country you from? Europe isn't a country. Long story short, Racism, the Red Scare (in case you haven't heard of that, look it up) and Ronald Ragen got us into a position that other countries never had. This position got us into a place where we have more expensive healthcare with fewer taxable people to pay for it. Racism because back in Jim Crow days some president tried to make a bigger safety net, but knew that southerners wouldn't vote for his reelection if it helped black people, so he scrapped it. Red Scare because thanks to that, we think that would be communism. Ragen because Ragenomocs made more wealth inequality. That's my uneducated opinion anyway. It's important to understand how we got here when other counties didn't.
Tech Freak LOL Not with the current government sitting in Westminster. It’s as much of a rich person’s country as it’s ever been and very tough on millennials, I’m not one but my sister is ten years younger and I know how hard she worked to get through university and get a stable job. She’s not whining about it though she’s getting on with it and then we’ll vote at the next election and see what happens. I’m not sure we have a communist party to vote for though I think I can speak for a lot of people and say we’re not really into that.
Interesting video but I have to disagree with a lot of his points. For starters some of the damage here is self-inflicted. There are places you can live and work where the median house is nowhere near that expensive. Its nobodies fault but your own if you aren't a millionaire and chose to live in LA. Secondly, the "you must go to college" line has turned out to be a lie my generation bought into hook line and sinker. People getting out of trade schools have similar outcomes and next to no debt and that's not the only option out there. I and my wife got our CDL and drive a truck we own and make a fantastic living. Sure automation may eat into that eventually but that's coming for a lot of degree holders too and I would bet money they get to the chopping block before I do. Then there are the solutions he proposes. I hear a lot of "Tax the rich" with an implied "Just like they do in Europe.". Problem is they don't just tax the rich to pay for everything over there. those high taxes extend well into the lower middle class. Implying otherwise is disingenuous. The Trump and Bush tax cuts probably need to be largely rolled back but I don't think becoming just like Europe is a great idea either. While I agree we have it harder than our parents I have no idea where he got that impression about our grandparents. My grandparents lived through the Great Depression and my grandfathers were WW2 vets. One of them dug ditches by hand for rich people that didn't want heavy equipment in their yards just to put food on the table and that table under a roof. Which brings me to another point. Frankly, I think the stereotypes are largely based in fact. A lot of my generation wouldn't dig those ditches despite the fact that that sort of job these days pays a good living. Want a good paying job that isn't likely to be automated or outsourced? How about bricklayer? It's not sexy and it is hard work but its a solid middle-class income. It's also just the sort of work they can't get my generation to do. I take issue with the "Personal responsibility narrative." idiocy. just who's responsibility should the outcome of your own life be? To which his response seems to be "The government!". My feelings on that point hover someplace between horror and humor. What kind of fool looks at OUR government, the one that craps it's proverbial pants every time anything of importance needs to be done, and says to themselves "Yea I want that institution running my life!". It's the sort of thing that sounds like a joke right up till you find out the person saying it means it. And don't give me some crap about how it's all the evil republicans fault our government doesn't work. Obstructionism isn't unique to Republicans. and even if it were, there are two problems with that line of thought. Firstly, sometimes the right and left need to be obstructed. Secondly, they aren't going anywhere and should not go anywhere. The left and right exist for good reason and both are needed. Don't get me wrong. I think the government does need to do more. Free markets cannot do squat for you if you get a heart attack. can't exactly comparison shop in the ambulance for a better price on open heart surgery. Our antitrust laws need to be updated and used liberally to destroy anything that looks like a monopoly or that is too big to allow to fail. I think we did nothing to prevent another 2007 style economic crash and we need something like Glass Stegall back. Wage stagnation and income inequality are huge problems that we need to find good answers for. I am no Libertarian. More of an outraged moderate who looks at the political left and right and can't help but feel disgusted by the current state of both.
Hey fellow Millenials. If you're still living at home, just delete your personal Facebook, Instagram, etc., delete your Netflix, Hulu, etc. and focus on starting an online business (practically for free), or learning to code ($20/course on Udemy.com), or buy an old pick-up truck and paint wealthier peoples houses for $1500+ per house (Or more depending on the size). For example, if you choose to start a painting business, paint on your own for like 6 months. Then hire a bunch of high school kids who have pick ups and have them work for you on the side after school. Pay 'em $2 or $3 dollars more than the local McDonald's and buy them all coffee in the morning so they'll be loyal to you instead of Micky D's. Convince them not to go to college because fuck the debt _you're_ in, right? Use the power of social media to market your business, make time-lapse Instagram videos of you and your employees painting the living shit out of a house, a website with profiles/blurbs about each painter, etc. Celebrate and support each painter's dream. Then after a few years of that, when you have a fleet of like 10 trucks and you're paying your employees $15-$20/hr because you're racking in like $2500+/week from bidding multiple jobs, make 'em detail their trucks with your logo. Advertise it on your site using social media and maybe Shopify to automate orders. Go on Fiverr and have some Indian kid set up your logo and site for like $50 if you don't do that thing yourself. I guarantee after 8+ years of a business (the first two years will be *hell on earth* ) you'll be able to buy a house way bigger than your parents, have your own boys (and girls) paint your house for you every year because you feel like it, and you'll be in the green instead of the red. Used Ford Ranger: $4k (Or the car you already own) Painting whites from WalMart/Dickie's: $40 Painting tools and supplies: Paid for by your client. Sure it'll suck that you won't be using your degree, but after 4 years of working in silence and saving up, you could save the next generation *AND* ball on your parent's generation at once.
My education prevented me from becoming a complete bigot. The more education we have available, especially in rural areas, the more people are able to better themselves. Anyone who calls a degree "worthless" obviously does not value the process of learning.
I don't know where to start with this guy. This whole video is exactly the kind of attitude that gives the older generations ammunition to shit on us. 1) If your comfortable making minimum wage then being poor is your fault. If you aren't comfortable with that, what actions have you taken to remedy your situation. If the answer is none, then your own poverty is your own fault. 2) Food stamps don't pay for sandwiches because its more expensive than purchasing the individual material and putting it together. 3) Taxing the rich = rich people move away. Take ownership of your life and stop blaming others for your own deficiencies. Your not entitled to anything, if you want it earn it
Thanks for understanding. It's hard knowing that you can't compete with your peers simply because of the lack of options whilst everyone just calls you lazy.
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What is missing in this "failure to launch" talk is the fact that there is "nowhere to land." The boomers grew up in a time of unprecedented economic prosperity following WW2 and think that they did it themselves. Born on 3rd, think they hit a triple. Millenials will be paying the debt for their kushy end-of-life care and medicare until the day we die; all while not receiving any of the benefits. Sometimes it is justified to complain when you are being blatantly robbed by a past generation. 1/3 of millenials still live with their parents today. So we have a couple of considerations: 1) For some reason a generation of broken, lazy, naturally-unmotivated people have been born and, despite the excellent rearing and parenting of the boomers, are failing en masse. 2) They have been helicopter-parented since day 1, coddled and raised under false leftist ideas of "everyone gets a trophy for participation." 3) The generation that raised millenials have not stepped down to allow millenials to take their proper place in society, instead opting to maintain a deathgrip on power at every single level. They aren't retiring, they aren't stepping out of offices. 4) The boomers are racking up a huge debt for their healthcare and other promised, extremely kushy entitlements that *we will be paying for long after they are dead.* We will have none of the entitlements and all of the debt, and they will be dead. I hope they realize how badly they fucked up.
I can see how you might think Social Security. Medicare, pensions for the elderly are all things that we can no longer afford. But in reality it's the top wealthiest 5% that take advantage of us at every turn. Look at the Wall Street bailout literally trillions of dollars we're paid back to speculators and flat out criminals who after tanking the economy were reimbursed everything they lost courtesy of the government via our tax dollars. That's like gambling your life savings at a casino losing it all and then having the casino give your money back. Can you imagine if they just told these companies fuck off you're not too big to fail or at the very least every bad mortgage these finance companies pawned off on the American people we're going to be forgiven. but that's not what happened these Wall Street scumbags got paid back and still went after and repossessed americans homes. Right after they finished giving themselves bonuses of course. This type of thing is not unusual for some reason the biggest companies pay the people that work for them the least amount legally allowed it does not seem fair that somebody can work full time at Walmart and still have to use food stamps not to mention the fact that you can't even see a doctor when sick because there's no Health Care and the government does not step in on behalf of the poor and demand companies like Walmart at least pay a living wage to the full-time employees that help make their company so profitable but nope instead they give Walmart another tax break and do nothing for us
Harmony Alexandria Pretty sure working hard is the only thing we CAN control (I certainly can't control the economy as a millennial/Gen Z, but I can make sure I work hard and play my cards right. I think that's pretty much what we're all trying to do anyway. Most people I know got jobs while in highschool, after all. Don't knock hard work: it's not the end-all be-all but it helps for sure.)
Harmony Alexandria please put in the effort to find a credible source before making accusations. Otherwise you're not helping and are only illustrating your own bias. It takes a bit of extra work, but you know how to work hard so I know you can find a good one.
My dad bought the house for the price of 2 years of his annual salary that's a conservative measure in the 90's. It was around 60K. Now, the house is valued at around 400K. I only get around 30K (my last job), I'm 3rd level educated and was in a technical/IT role. Edit: In context, about €370,000 is the average house price in my city.
only 30k lmao.I think my highest basic wage in uk was like 12k when i was back there. you prob drive around in a new car tho huh? and an Iphone that is best part of a grand,a laptop you dont use mu ch and broadband every month, maybe sky tv channels. possibly eat out every week. yeahh sure, dont think we even had a car til the 80s, no colour tv til i was like 13, yeah, YTS for 25 quid a week as they stopped apprenticeships after leaving school, i couldnt have afforded a bus to get to university even if id been motivated to attend, UB40 top of the charts cos 1 in 10 outta work, riot sin the streets, poor people locked up for not affording poll tax.... it was sooo easy back then
Medical Cannabis Spain Don't drive. Don't have expensive phone. Wow. All the assumptionso and mental gymnastics you are doing there is really something. Swosh and the point went over your head. 30k per year is nothing especially for a 3rd level educated person when the price of rent is 1250 per month on average.
That phone you mock, replaces a wired telephone, tv, binders, writing utensils, dictionary, thesaurus, multiple compendiums, calendar, snail mail, picture albums, books, camera/video recorders, games, faxes, maps, phone books, alarm clock, radios, watches/stop watch, tape measures/ruler, levels, meters of all types, remote controls, flash light, calculator, note pads/day timers, answering machines, contact list/rolodexes .. should i really go on. Your so full of shit for taking crap about people have a cell phone because even at the cost of this shit in the 70s it would still be cheaper to buy the fucking iphone.
Bread Harrity lucky stiff... you have a great place to live for free and you'll eventually inherit it if you're not a complete idiot. Good job choosing your parents! We should all be so fortunate.
I escaped living in a country where they tried to make things quote en quote equitable. I paid through the nose to get myself and my family legally over here in the US. Please don’t undo my work. Please don’t make the US an “equitable utopia” like the one I left behind.
when i lose a job, unemployed and seeking for work in almost desperation, i come to watch this to remind myself this is the kind of society i'm living in. and it is okay to be scared and frustrated cos i'm not alone, the whole generation is going through it.
As a gen Y guy I started hating this guy (I’m holding on to Gen Y) …..then started totally agreeing with this guy. Sorry Millennials, my 401k is dominating. You’re fucked. This guy is right.
Young people, please believe this. Stop worrying about this. You have to know in your own heart, without a doubt, that you can survive, and thrive, on your own. Nothing, and I mean NOTHING, is a lasting substitute for that. Stop wasting your time and energy listening to stuff like this. Focus on how you want to add value to this world then set a goal and let absolutely nothing stop you from achieving it. The clarity and hope of working on a large goal is self validating. Achieving it gives you confidence that lasts a lifetime. Many of you already do this!!! If you haven't yet, just start now. You are not a "millennial". You are a young person in a different world than your parents were in at your age. But their world was different from their parents too. Forget all this argumentative energy. That IS the enemy. It takes away focus. You guys are awesome! But you have to know that for yourself. So go prove it to yourselves. :)
Brian Wade ours is a generation that suffers from the folly of the previous, in much the same way the Greatest Generation and Silent Generation suffered as they fought wars for the powerful of the generations that came before them. The Baby Boomers may go down as the worst generation in history, but it's up to those that came after them to persevere and ensure there IS a history to remember them as such. It's certainly not easy, but when compared to most of human history, we have so many advantages that overcoming the shortsightedness of our elders will be easy in comparison to the struggles of the past.
Standing ovation from my home. Many people have given up even trying or don't realise how hard life is, and will be in future, and don't prepare their kids for it. I hope this video gets many shares.
I'm 55, but I've been saying stuff like this for a long time. The younger generation has it harder than young people used d to, and anybody who is paying attention knows this.
@John Taylor In the actual system, Working hard *does not* equate getting rich. People who work two jobs at the minimum wage work very, very hard. Yet, they struggle to get by.
I'm not sold on this idea that you HAVE to go to college to make a decent living. Quite the contrary. I work full time as an arborist and part time as a delivery driver. I walked home last week with just over $1200 from working overtime as an arborist after a storm. Yeah I had to work about 70 hours to get that, but it's the long weekend now and I am so relaxed 😌 Here's the awesome part: you don't need a license to start at entry level as an arborist. You don't even need an apprenticeship. Just walk into or email an arborist company (I work for Davey Tree which is the biggest in Canada and the oldest in the US) and they will probably set you up as a groundsman. It is very ergonomical work as we are literally designed for trees (being primates and all) and there are plenty of ways of commanding a higher wage and greater responsibility. I have an airbrake-truck license and can command $20/hr just to drive the truck and be a groundsman. There are virtually endless job opportunities due to the fact that trees are so common in residential, commercial, and public areas. I might get a bachelors someday once I get old and need a "sit down job". But I'll be able to finance that by myself, so I'm doing just fine and don't ask for anything from the government. In fact they ask a lot more of me as a taxpayer and citizen. To live in such a way is true freedom and I believe every honest person will aspire for something to that effect. Let the rich be rich if they worked for it. Don't disincentivize ambitious behavior. Let people dream to the skies and beyond. That's the way it ought to be. Low taxes and loads of opportunity.
Over the last 3 years I've come to realize that university education in the US for our generation needs to be written off as lost for the segment of the population that do not have parents who can pay for it. For that group, look to studying outside of the United States. You can get world class educations in Germany, Denmark, Norway, Poland, France, Spain, Czech Republic, Iceland, Italy, and beyond for free, or for a few thousand dollars a year in tuition. Most programs you can take in English and learn the native language on your way. If you want to return to the US after, you have your education without a massive debt load, a second language which is immensely marketable to companies, and experience outside of the US that the vast majority of the workforce does not have. If you stay, the quality of life is amazing in some of these places in comparison to home, and while it's not easy, you can find jobs in Europe for your degree and get permission to become a permanent resident.
I have a college degree from UNC Chapel Hill in Biology and the best job I could get with benefits is a job on a dredge. I work 84 hours a week and come home dirty almost every day. Virtually everyone I work with never went to college, some haven't graduated high school, and some have been to prison. I do manual labor, working my ass off. I have good benefits and make $2100 per week after taxes. Point is, you do not need a college degree. College degrees are overpriced for the benefit you receive. And if we start making the taxpayers (people like me) paying for people to get their degrees, not only will the price of tuition go up, but so many people will have a degree that it is meaningless. I am not trying to bring politics into this, but this video (I'm almost 5 minutes in) so far is a BIG fail. I haven't heard of this channel before, so I won't judge it off such limited info. But so far this video is clearly about advancing a political agenda, much like info wars, CNN, MSNBC, or the many other insanely biased "news" networks out there. Right now 90% of people reading this just said "WTF? He just put info wars and CNN in the same group?" Time to think outside your bubble.
Oh good lord, this video just keeps getting worse. There is no "making the button rung well off". This is an absolute myth. You can only make the middle class join "the bottom rung", making more people poor, in the name of "equality". Warning: basic economics incoming. If you stray away from a system based on merit, effort, ability to satisfy customers, etc... and simply start helping out the lower class regardless of how hard they try... There are a number of issues. ***it's debatable as to whether or not drastically increasing the minimum wage will actually put more money in the hands of minimum wage workers, since their hours are often cut and some flat out lose their jobs due to lay offs, or entire businesses closing down, but in this instance, I will assume that drastically raising the minimum wage does indeed put more money in the hands of minimum wage workers. When you give money to the lower class (be it by universal basic income, drastic minimum wage increases, etc etc), the following happens: 1. People abuse the system 2. Prices increase (supply and demand) 3. Welfare must be increased due to #2 4. Taxes must be increased due to #3. 5. People move out of the city due to #4 6. Taxes are increased due to #5 7. More people move out of the city due to #6 Allow that to sink in. 8. There is less incentive to work >>if working hard leads to poverty, why not collect welfare, when you can be in poverty without having to work? 9. Taxes increase as welfare increases 10. The cycle continues. There is much that I could add, but it isn't necessary. A few key things to understand: 1. The United States is not Capitalist. There is an abundance of government intrusion into the market and taxes are too high, making the risk of starting a business too high. 2. The more businesses there are, the more competition takes place. 3. Competition leads to higher quality goods/services at lower prices. If you deliver a bad product at a high price, you become bankrupt. I'm going to end this. I do believe some government involvement is necessary. I think there are necessary environmental regulations that should exist, as well as some taxes. The government should also provide programs for the TRULY NEEDY, but measurements should be taken to assure that the system isn't abused. There must be incentive to work hard and succeed. If there is incentive to NOT work, or incentive to stay at a minimum wage job one's entire life, that's what people will do. We must preserve the American dream. Welfare is guaranteed poverty. Staying at a minimum wage job is guaranteed poverty. Why should we create incentive for this? Increasing the amount of poor people DOES NOT HELP. Asian Americans have the highest income, per capita, in America. This is NOT because the system is "rigged" for Asians. It's because their culture instills values of hard work and education, dating back to Confucius. We must try to create a productive and successful citizenry. The opposite is having no future.
My parents paid $75,000 for my childhood home. It was in the heart of Queens, NYC. In the suburbs near some of the best public schools in the district 34 years ago before I was born. It is worth 1.5 million today. How much has federal minimum wage increased since then? And they claim nothing is wrong and we are imagining things HA!
My Father had his first house built in the 1950’s, which was a three-bedroom ranch style with basement and garage for 11,000. I think homes in that area now are about 175,000 to 225,000 Midwestern Great Lakes region. (this is not the expensive area either) My guess would be that you should be around 1500.00 to 1900.00 @/week pay to match that with a newer car purchase, children, taxes, energy . . . and on and on.
I am 29 and live in the Silicon Valley. A 3 bedroom, 1 bath house🏠in my mother's neighborhood is selling for $1,200,000. These homes were built in the early 70's. Supply and demand is crazy here in the Bay Area. Now most of the people here are on an H-1B visa from Asian countries. You can not find a home for less than 1 million in my area these days.
Great insight! I appreciate such a clear presentation of why the stereotypes don't mean anything in the context of the changing world. It's honestly disappointing how poorly the last generation structured everything to stifle the American dream. I also like how you present honest solutions all with the Robin Hood mentality. I believe one positive change could be shifting government agency incentives so that good work and efficiency is favored rather than cutting off groups who do their job alright
America. Land of The Commerce lol. Debt & Money. Trade school is better tho however it does depend on what one wants to do in life. And the idea of braggin at the family function of how many degrees your sibling has or whatever is a concept that wont ever die..so imo trade school and its a plus if your already good at whatever it is what you do.
"tax the rich to pay for it" Connecticut tried that and all the high earners packed up and left the state and took their companies and jobs with them, and now Connecticut is more worse off than ever.
4:30 This statement is false. I work for a Union pipeline company, and I do not have a college degree. I am 27 years old, and am making pretty good money. I think the issue is that most of our millennial generation don’t seem to want to work physical labor jobs or careers. There are plenty of good paying, good benefit jobs out there, but they are physically demanding.
The generation before us, our parents sold us out and their parents sold them out because things were good right after the depression and during the war. Things are good now too production has never been better but wages have barely moved an inch. We need better representation and we need more groups to come together.
This summer, I paid $2200 a month to live in an unfinished basement of a child sex offender, with crickets and frogs. The town I live in is a seasonal vacation spot, so everyone rents their houses for thousands a night in the summer. Many restaurants have had to shut down because there is no one to work in them, because working people can't afford the $10k a month rent. It's incredibly frustrating that my husband and I, who are both educated and work 2 jobs each, will never be able to own a house.
TheGazimon oh you mean so people who can less afford to dish out extra money have to pay taxes at the same rate as people with millions and millions of dollars? Wow, brilliant.
Psycho Lefty there's a great mistake made by the left which states that the rich should pay their fair share. Unfortunately, this is, but a fantasy the reality is that if I'm rich enough I'll use tax havens in the third world or elsewhere to hide my money. You will never be able legislate equity nor should you. All utopias are secretly dystopias if one is willing to observe keenly. Remember what JFK said: "A rising tide lifts all boats."
TheGazimon I don't want equity. I want equality of opportunity. And I don't see that happening right now. It is practically impossible to identify the extent to which wealthy Americans have benefitted from the system we have here. They should give back. And you absolutely can legislate it. We have intentionally left loopholes to let the rich hide their money. Close them. We do not prosecute and punish rich people and corporations who hide their money. Do that. You don't seem to be arguing against the idea of taxing the rich inherently, just against the implementation.
Psycho Lefty every country who has legislated equality has failed miserably. Scale is a huge issue when you're talking about a welfare state with 300 odd million people. The richest percentile will always dodge taxation regardless of laws in place because this country is an oligarchy and a corporatocracy. Noam Chomsky said this: "In the US, there is basically one party - the business party. It has two factions, called Democrats and Republicans, which are somewhat different but carry out variations on the same policies. By and large, I am opposed to those policies. As is most of the population." I argue that instead of fighting losing battles, focus on shifting the economy toward taxing the biggest consumers. The rich don't really buy American anyways, this is a global game of chicken.
The argument put for by our host is virtually correct. I graduated from university in '72 and my schooling was paid for by a combination of the GI bill (draftee, Vietnam War) and some part time work. It wasn't easy and life generally isn't. However, I have been aware that the equation changed back in the late 70's and that education suddenly became horrifically expensive, schools argued for major sports programs ($) almost entirely because the state houses in this nation suddenly turned off the subsidy. This is your silver bullet, defunding the state colleges and universities drove the market vertically. I can not say adequately how this shortsighted anti-tax response defunded our culture. It was and is a horrific decision with demographic consequences never envisioned. Now the politics preys on the fallout. I always wanted the folks that couldn't graduate from high school (because there are so many reasons) to have another, better chance, but our country chose to pander to tax adverse successful folk.
Enayet Hussain Im also a millennial and I can see that our generation is self absorbed and lazy. The "evidence" is literally right in front of him but he needs to see a poll/survey to believe it. Young people will not do physical labour anymore. Just ask how hard it is to get laborers, drivers, tradesmen, etc. When I was a child it would have been a dream of mine to drive machinery for the summer to earn money. Lots of kids my age were the same. However I have heard from every single contractor that they cannot get young people to work for them. They won't do the unsociable hours or sacrifice their social lives. I've heard this from countless people in the last couple of years. They say there is a marked change in the space of 5 years.
Hey D, its not about not wanting to do labor jobs. We are the generation with more college graduates than any other generation. Our parents who were the laborers wanted us to get an education so that we WOULDN'T have to be labourers. What about that do you not understand? HOWEVER, as the video mentioned, the system has systematically fucked us with debt and many of us graduated during the height of the recession taking low paying jobs just to survive which became a perpetual cycle. Stop blanketing an entire generation which is FAR greater in numbers than previous generation based on anecdotal nonsense. You have no idea what evidence even means.
D a lot of these “labour” jobs are pointless and are getting replaced through automation. Why go into a job that will likely be worthless half way through your life? I have run a business from my bedroom with my laptop earning enough to get me into the highest tax band in the UK. Does this make me “lazy” because I don’t do labour work? Am I still not contributing towards the economy and providing a useful service to others?
It's actually much worse than this. Not only do you have to go to college, you have to go to the right ones and go to the right colleges. Probably half of all degrees are largely useless. Then, you will probably need a master's because everyone has degrees.
The problem with taxing the rich is that proponents often speak about it as if the rich are things and not people. So they paint a picture where the only thing that happens when you tax the rich is that the tax revenue increases, and everything else remains the same. But just like anyone else, the rich do not like to be taxed and some type of reaction to increased taxation should be expected. What that reaction will be and how it will manifest itself is something that should be analyzed and factored into the decision making process, just like any other proposed change to the economy.
In just first two minutes: - House pricing. Average median household income in 1965 was $6882 (www2.census.gov/prod2/popscan/p60-049.pdf), in 2017 it is $61,372 (www.census.gov/content/dam/Census/library/publications/2018/demo/p60-263.pdf). The median price of the new house in 1965 was about $20K, in 2017 it is about $320K (www.census.gov/construction/nrs/pdf/uspricemon.pdf). So if median house price is normalized by median income, it has became bigger just in 1.8 times. And we haven't even considered the change in the size of the house (median has grown from 1,525 sq.f. in 1973 to 2,169 sq.f. in 2010), growth of U.S. population and foreign investments in real estate (both bump the price up) and enormously grown amount of bureaucratic regulations that made it extremely hard for a family to buy land and then build a house on it. - Education. It is free. You can get a free old laptop on craigslist, find a free table and wi-fi in the mall, and get all the education materials you need. Harvard, MIT, Berkeley and many others provide tons of materials to study, even for complicated topics like neurology or genetics. Not to mention myriads of educational videos on youtube and thousands of articles on google scholar. Now a piece of paper called "diploma" is very expensive, both in terms of time and money. But the good thing is that in many professions employer cares more about your experience and skills than just a diploma. Not to mention your own business. - Healthcare. Life expectancy has grown from 66.8 M / 73.7 F in 1965 (www.demog.berkeley.edu/~andrew/1918/figure2.html) up to 76 M / 81 F in 2018 (www.statista.com/statistics/274513/life-expectancy-in-north-america/). At the same period of time, obesity has tripled (www.cdc.gov/nchs/fastats/obesity-overweight.htm), which kind of nullifies the amount of smokers that has decreased twice (www.cdc.gov/mmwr/preview/mmwrhtml/su6001a24.htm#fig). It is pretty much useless to compare healthcare costs now and 50 years ago, and not only because how much medicine has changed since then. Even the term "Healthcare" has a different meaning today. But we can compare the results on people, and it is a huge progress, especially considering bad habits one replacing another. Welcome to the millennials journalism.
This video proves the very fact they are trying to disprove. Waaah, I blame everyone but myself. "Housing is 3 times more expensive than in 1968". While that may be true, the Inflation calculator says $100 in 1968 is now worth $703 in 2017 dollars. I'm gen x. I have no retirement plan, I have no pension. I didn't go to college because I couldn't afford it. I've worked for myself for the past nearly 20 years, I moved to where I could afford a house when I was 29 instead of staying in the big city and buying $8 coffees.. The big difference is I don't complain about it. I don't complain about how the system is broken. I don't expect other people (including the rich) to make up for my bad decisions. I work within the circumstances life has given me to make the best of it. My actions are my own and I own them 100%, good or bad.
Housing being expensive is hardly universal, too. I can buy a decent small house for barely more than my parents did, in non-adjusted dollars. You don't have to live in a densely packed city, generally, nor a state where red tape inflates those costs. If you do for work, make sure they pay enough to compensate.
turbo2ltr, I left a job managing 35 people and moved across the country to a place where my wife and I could afford to buy a house. I make more money now, doing menial labor, than I did before, working in management. It is possible to take responsibility for living your life well while simultaneously acknowledging how badly broken the sysyems within our society are; obviously, I chose homeownership over my prior job, but I loved that job, and I was very good at it; applauded by the owner and other local business owners, none of whom could afford to pay their employees a living wage. I have not known the person to lament his or her income while buying eight dollar coffees; that is, simply put, a false narrative submitted to give solace to the impoverished who work 40, 50, or more hours a week. At one point, working two jobs, I put in 90 hours a week for four months, and could only make my rent so long as I ate two meals a day: an egg sandwich on dry toast for breakfast and ramen noodles for dinner. Who, working those hours, deserves to eat like a refugee?
The point is they are making claims, 1: that aren't true, 2: they don't site where they are getting this info from.. So what is embarrassing is that you blindly believe everything you hear because it's in a youtube video. This chart put together from bank sources show that even at the peak of the 2008 bubble, housing prices, after adjusting for inflation have not even doubled since 1975. They have never come even close to 3 times. They have since gone down. i0.wp.com/inflationdata.com/articles/wp-content/uploads/2013/06/Inflation-Adj-Housing-Prices.jpg?ssl=1 To put it simply: in 1975, the average house price was about $120k in 2017 money.. In 2017, the average house price was $186k. That isn't even close to 3 times.
Every generation thinks they're more clever than the generation before them and more wise than the generation after them. Are some millennials whiny/lazy? Yeah. Are there also millennials out there grinding, doing things you can't even imagine? Yeah.
I'd actually argue that a large portion of the millennial generation has bout into this "lazy/whiny" narrative of their own generation. We may be the first generation out there to lack the backbone to tell older generations to fuck off when they continue to stereotype and insult us.
i think apart of Millennial buying into these stereotypes of millennial comes from the alt right millennial looking at and judging the SJW left Millennial. They have embraced the stereotype for political gain and to try to have that "air" of being "woke" or "red pilled" compared to others of their generation.
Yes, I remember as a teenager my father being like "Why don't you have any money? You're making as much in an hour as I made in a day!" "Yeah Dad, and what did you pay for a loaf of bread and a gallon of milk?"
Older generations were calling the younger ones lazy, irresponsible, rude etc. since the beginning of times. It is a rite of passage for us - and for them.
Do you realize when you say tax the rich more (and also the way you say it, it's like you want them to be punished), it's lawyers, doctors and small buisseness owners that you're targeting, and not the multi-millionaires? They have burdens of their own too. What we need is to tighten the fiscal laws so that every body actually pays their due.
Uh...those professionals are usually close to, and in some regions in, the top 1%, not merely 10. The top 10% doesn't get you past middle class, today.
This video says that we MUST go to college to get on the job ladder. This is not true. There are SO many options today, more than ever before. Please do your research. We no longer MUST go to college to get jobs.
If Michael Hobbes' dad could buy a house for 18 months salary, he was no boomer. I was born in the middle of the boomer cohort, not even a late boomer, and my first house cost me ten years salary. What Big Think needs to do next is a video dispelling some of the myths about the baby boomer generation.
The trades right now are absolutely starving for young people. They aren't necessarily cushy desk jobs, but they pay well and have benefits. And most of the time they don't require a college education. Probably a 2 year associates could help though.
Matt T Trade jobs aren't that easy to come by, don't pay half as well as you say, and work is based on the amount of jobs you have lined up which can be pretty unforgiving at times. A trade is good, but it's not enough to pay the bills.
Trade jobs are highly competitive currently and DON'T pay all that well. True they don't require college but they are famous for entry level positions that require 5 years of experience. In my experience most trades also do NOT have benefits unless you are in a union. Many trade jobs are seasonal and cyclical with yearly layoffs and rehires not to mention contract 1099 work that sees you paying double the taxes of a traditional job. Also, entry level trade jobs are ALWAYS the first ones cut when the layoffs start so job security is practically non-existant to start with. The trade positions are also predominantly male occupied so good luck for any women trying to get a job.
It depends on where you go, but every factory, mill and power plant needs electricians and mechanics to maintain the equipment. Bonus points if they have an internship or apprenticeship. It's not all doom and gloom. Trades don't change the fact that houses and college are well more expensive than they used to be.
Very true. There are plenty of studies out there to back up what he's claiming in this video but a list of references would be REALLY useful. Alas, Big Think doesn't bother to cite sources
You can not really do that easily on this kind of format. But then most of the articles on either side of the topic represent their cases well scientifically. People buy their perspectives based on biases and circumstances, which more flatters their ego. I actually posted a comment criticizing the author in that I think he should have developed his representation more. I do not think he did a good job at sufficiently explaining biases. For example it is true that young people are poorer at the same age than their parents were. While currency is more numerous, economists speak of ´purchasing power´ which means the relative value of a unit of currency has. While currency has become more numerous, the purchasing power of units have relatively decreased so much that the same investment is unable to produce as much as it could 50-years ago. So just to clarify hypothetically for example: A penny back then is today´s 10 units (dollars/euro/pound/X) and what you could buy with a penny back then vs. what you can get with 10 units now is so that a penny then was worth more in products than 10 units now are. Functionally meaning that to get the same product, a person has to invest more in aggregate to gain it. Investment in economics includes currency but also time, effort and work.
I'm millennial, and I think we do *NOT* get bad reputation for staying in our parent's house, but because we tends to felt *entitled to good life* and *blaming others* when it didn't happen. This guy *IS* the prime example why we have such bad reputation: blaming the economy, the housing crises, education system, his parents, environment, etc. Everything work together to drown us, eh? That, and delusion of grandeur, like when this guy said that we can fix the society by "taking control" and legislate our problem away. Back in our parents day, there are only 4 billion people on earth, now we have 7 billion. There are more people, more demand, and so price goes up. Everything gets more expensive. But that also means bigger market and better chance to be even greater than what our parents can ever be. It's like bronze age people said that stone age people have it easy, they don't need to be "educated" to get "comfortable job" in local chieftain's court, they just need to be strong. But now we, bronze age people, must learn to read and write to get the same position in local lord's court. Dude, it's true that you need to get better and do better than your parents, but you now have better tools and more resources too. Like in our parents time, they can't just making video unboxing and talking about smartphones, and get money. Stop complaining and blaming others and start thinking about what options you have and work from there. Throw away any delusion of grandeur you have. You are entitled to nothing.
chrisose He's saying the stereotypes of whining are entirely accurate BECAUSE of the situation. If a restaurant has a low rating and food critics say it's terrible. They aren't complaining to get attention. It means the restaurant is bad. School is almost 100x more expensive and wages have gone up 8x. So yes. We're complaining because we have no power to change it. If we did. We would have fixed it already. We havent put ourselves in this terrible situation, and we can't get ourselves out. We need help, not elders dangling the carrot in front of us and saying "If you just want it bad enough."
Things are always hard. I never compared my life to my parents. I wonder why millennials do? Maybe you millenials should consider making pensions part of your labor benefit package, instead of promoting more privatization and deregulation. For a generation which seems so focused on economics you don't really realize who is screwing you? And it's not previous generations, but those in power that want to cut their overhead and your benefits first. While you focus on previous generations they are still using you.
As a millenial.. i think, it goes both way. Our generation are indeed had the too much entitlement mentality BUT at the same time, middle-lower class millenial are much-much harder to get the same level of economy security than baby boomer.. Baby boomer has rigged the economy while at the same time some of them creating the new age dreamer mentality.. Having said all that, i am totally disagree with him, on what we should do to fix this. Alot of what he sugest as fix, is big socialism bullshit.
So, asking for a future, access to healthcare and education and wages that actually allow us to survive independently is now entitlement? I think that you need to grow a spine and stop eating up all of the bullshit being flung at our generations by those that have had all of these things just given to them. Further, a progressive tax system is not socialism. A good economic system distributes resources efficiently. Ours allows for millions of homeless to struggle for survival on the streets while banks keep millions of houses off of the market to keep prices higher. There is entitlement in our society. It's not by and large coming from millennials
+AspergersGuy We do live in a somewhat Keynesian Capitalist society and Corporatist is a good description of our economic system. I think you'd have to REALLY stretch most definitions of socialism to equate any form of it to Corporatism.
i feel your frustration, as i were once in your place too. let me explain one thing at a time.. the idea that everybody should get into university or free healthcare and enough wages to fulfilled a certain lifestyle , is indeed entitlement mentality. progressive tax system is indeed, socialism. BUT what you were saying about those baby boomer riggs the economy to their favor and their subsequent generation that benefited from that, i also agree.. since the end of ww2, most of nation on earth were running either communism or crony-capitalism, both were incredibly injustice system. youtube and internet as a whole created a nearly free ways to share information. it should make most type of education dirt cheap, but why college getting more n more expensive? this does not make much sense. unless the government whom had monopoly on education certification and regulation, created that problem. many other problem like wage n barrier of entry to workforce is the same things.. government regulation very often make things worst,..
think about it.. why do we need to a luxurious college building? and why are we spending so much time in campus? i think most of subject need less than 10 hour of class a week, the majority of study can be done on our own home using internet, just watch a recorded lecture and read online text book.. or think about work.. why do company want people to have college degree to work at stupid job? it because the minimum wages law, created so many unemployment and thus make them picky about it..
"let's tax the rich to pay for it" you realize that that will end up meaning that the middle class the " richer than the poor" will be taxed higher also. and this idea that raising the minimum wage will cause less people to be poor is just dumb you literally are raising the bar on which we call poor you're not making anyone else less poor you're just raising the bar on where we call people poor
Are you seriously arguing that raising the minimum wage won't change if poor people are called poor or not? Who gives a shit. If you are trying to claim that raising the minimum wage will increase the cost of living and not help them pay their bills, that's just bullshit. We have increased minimum wage to liveable wages in some places and it works just fine. You also see some job that used to be minimum wage steadily increasing to near $15 an hour due to those jobs being pretty shitty and requiring a lot of physical labor. My stocking job used to be around $7.25-$8 an hour if that in 2009-2010 at most places. Now you see a lot of places where I live starting at $11 or $12 or more because usually not only are these jobs more physically demanding then other low wage retail jobs, there seems to be universally this mentality that the workers are never fast enough and asshole managers all around. So there is high turn over, and in order to fight high turn over and lore people in, they have increase the starting pay over the years.
You do not know the first thing about economics. You have been brainwashed into believing in nonsense so that those who are in power can buy their 7th private plane. Am I being hyperbolic? Sure. Here is how my city of NYC is going to provide 15 an hr minimum wage. Nice and slowly and by 2021 it will be in full effect. www.labor.ny.gov/workerprotection/laborstandards/workprot/minwage.shtm Guess what? We also have free college. It fucking works when you plan accordingly.
xinic5 that's how the economy should work if you have a hard skilled job it should pay more but if you raise the minimum to where these harder jobs are paying they aren't going to raise the harder jobs pay at the same rate thus increase turnover they are going to take time to raise it back to a point where people think their skilled work is getting the pay they deserve and then turnover becomes less, this is basic economics if you pay your simple employees close to the same as your skilled employees you will see turnover
Forceably I might add... companies should be able to do this naturally i.e. people should work with their employer's not force their hand with a reach around via the government
Fake Dufas - lol you've never actually listened to JBP, have you? Nobody who's listened for longer than a soundbite would think that. Nobody honest, at least.
I agree, but taxing the rich more is not going to work. You have to tax the middle class as well. That's the problem with millennials. THey think taxing the rich will solve it all. Its the strong middle class that makes a country well off (but that's not popular and will not get people elected into office) People do not like to hear once they are making 50 000 plus- should have to pay for the safety nets of society but that is what has to happen. Additionally, housing costs are due to en extremely low barrier to entry- with very low interest rates while supply and demand and cost of materials have changed. Additionally, governments have been careless with public spending with such a massive debt- which also contribute to higher prices for millennials. People need to look at their countries more like a busines and use research based policies instead of feel good policies.
The problem with taxing the rich more- is that there is a threshold of negative returns- especially with globalization. it is not hard to look for countries who have already tried big government with high taxes on the rich. They seem to be doing well?
You're not wrong when you speak about the rising cost of living combined with stagnat wages. That's a pretty obvious issue. But like others have said here, you could learn a trade and make boat loads of cash. Problem is, you folks think you're above that and so wouldn't dare get your hands dirty, lest you stain your overpriced iPhone.
Blood Angel how about having a society that allows you to do whatever you want and follow your passion instead of going to a trade job that you hate in order to live decently or spending hundreds of thousands in stem careers that you don't want to learn about?
The average wage of a trade worker is 12 to 19 dollars. That is nowhere near close in city conditions to survive off anything and that's where most of the jobs are heading.
There's nothing stopping you following your passion, but if you think you're entitled to get paid simply because you choose to do that, you're mistaken.
I understand all of these sentiments but I'm going to be frank, the way we pay work is fucking atrocious in the United States. Nevermind the student loans, the very fact that a trade worker gets paid significantly less than a computer science major is horrifying because without the trade worker, the CS major wouldn't have a job.
For a change, vote for an end of government funding of loans for college. The PRIMARY REASON that 10x minimum wage job hours are needed is due to tuition inflation from easy government loans. STEM jobs are in such high demand that the USA imports workers, primarily from India and China. Young adult US citizens are faced with an open job market in STEM jobs and forced to compete with the most motivated in the world. Note that I use the term 'motivated', not 'best'. End H1B (imports 85000 new foreign nations workers every year), its 2-for-1 spousal VISA work authorization and end government-induced tuition inflation.
You apparently missed the part where millenials are the first generation in modern HISTORY that have less prospects for advancement than their predecessors. So no, we do not face the same circumstances as everyone else. Literally everyone born before 1979 had an EASIER time than anyone born after 1980. I was born in 79 and I can SEE it with my own eyes. When my mother was a single mom in the '80s and needed a job she just walked out the door and came back with an office job, with a pension, and health insurance from the first place she applied to with ZERO experience and no college degree. She bought a house in 1977 for $45,000 in a good neighborhood. When she retired she sold the house for $500,000!!! This is why old people don't understand. They still think you just get a job and magically your make enough to buy a car, a house, and everything else. In today's world you can work a full 40 hour+ week and still be poor as hell with no opportunity for advancement.
bkLEGION3000 We HAVE new jobs. You can't compare then and now. There is a reason why it's called The Future. INFLUENCERS didn't exist before and making $$. Did you ask your Mom WHAT type of job she was looking for? THAT answer would change your perspective. Most of us who are looking for a job, gets a job...NOT your passion, NOT your dream job. There IS a difference
Belle Lopez - I'm just going to type one of the best jobs available. (best because it'll be here for at least a decade or two, and doesn't saddle you with debt) Truck Driving. 6 days a week 12 hour days 65k a year to start Never home, you'll live in your truck. If you wanted to buy an average house in PA with the average price of $282,000 , it would take 6 years with that income and life-style. Compared to my Grand-Father, who supported his Wife, 2 Sons and 3 Daughters on a school Janitor's salary while also buying a small house... Something doesn't quite add up.
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A small number of people who went into politics or inherited enough to fund politicians changed the rules, and not in a good way. The majority of us have no power and never have had. The Supreme Court citizens United ruling made unlimited political bribery legal so that a few very wealthy make the rules. That is what needs to change in order to set things right.
Becky Alexander
I dunno if that alone would stop bribery.. if 'lobbying' becomes illegal, the crooked people who buy off candidates illegally will have an edge in politics:P
How may millennials are in power? All i see are boomers.
I'm gen x and I had to watch this twice. You won't see this guy on MSNBC or fox "news" any cable or local news. Great job 100% truth.
Many of us GenX-ers are in the same boat! What you say is true... I get it! I have 3 millennial daughters... they don't fit the stereotype. There's too much generalization these days... from all directions!! :/
Worked hard in highschool got into a great culinary school in New York graduated in 2008.
My Externship wanted to hire me but one major issue. They were laying off all their stuff due to the financial crash.
But my external head chef give me an amazing recommendation, I got my first major culinary job. 6 month later Laid off, student loans started coming in.
I walk the streets of New York with Resume, Portfolio, and Recommendation from my Chefs. I received the same response from everywhere I applied. "We very sorry but we're not hiring at this time".
Or "We would hire you but we're currently laying off".
I had no choice but to go on assistance. But I was determined to keep looking.
I noticed that the buses were still running and a friend of my family who was a driver told me about it was a good and secure job.
So I retrain myself took the money from my assistance and go a CDL. Got the job with the MTA and never looked back.
We millennials have been fucked over by the action of the previous generation all the student debt is due to their fuck up.
KamidakeRed can be said for every generation. Every... single... generation... for the last... 50 years. Somehow every time a millennial speaks, he sounds like a millennial. Hmmm....
i find your post SUPER amusing. I guess having google and wikipedia there all the time make you use it less. You know very little about history i take it. Crashes has been around forever. You are here for the latest part of automatization. People have been losing jobs to machines for 50 years, and having to retrain for these reasons. You dont have it harder. It FEELS like you have it harder because you are in fact a softer generation. I dont judge your generation for it, its a part of our globalization. Its a part of our world based on entertainment and passing time. You just have to accept that the older generation look at you and smirk, and believe me, you will in 20 years, do the same with the generation that is being born now. Enjoy it. All this is old.
KamidakeRed Actually it is as out of control for us, the older generation, as it is for you. We have been unable to wrest the money away from the military, chemical, financial ghouls who would exterminate us. I wish you luck with your fight against evil, I certainly hope you do better than we've done. I'm surprised your making it with CDL, many aren't.
Matatatata Tatatata The difference? The previous generation didn't have to go through this process nearly as long as we do today. By the time they were 20, my parents owned a home, a car, could easily support 2 kids without government aid with my dad being the only one working, and all on a single job. He made 14 an hour when he retired. I make 12 an hour and can barely afford a small apt rental, no car, no kids because I simply cannot afford them, and in debt up to my ears for school.
I have the same god damn story and I hear it from everyone and it makes me sad.
I graduated from the #1 public University in the country with a degree and got a great job straight out of college. Then financial crash and my company sold out to larger competitor and they laid off everyone just so they could get the client list. (3 Owners made obscene profits while leaving hundreds unemployed).
50 interviews later, nobody is hiring. I took contract work in tech support with a small medical company where after fixing all their problems they decided to not renew the contract.
My father dies and I have to take every penny of inheritance and my entire life savings to buy a failing storage business plus a massive bank loan. I managed to turn it around and I will spend the next 20 years paying off a loan just so I have job security. At least I can't be laid off again. But I probably will work until I die.
You don't even need to build homes for the homeless, so many hotels in Daytona Beach are closed and fenced off, while the homeless wonder the streets. We need to stop allowing the rich to waste resources on such projects just to abandon them when they're no longer making money. It makes no sense for there to be 40 story hotels decaying away while there are homeless people who need assistance.
Since time immemorial, it's the overly wealthy who are screwing over the population and they make up the excuses such as "personal responsibility" and "leaching off welfare from the productive"; but they're the same ones who would ask welfare from the government after fucking the economy and lobby for tax breaks only to ship the money to some offshore tax havens.
That actually sounds like it'd be a good use of eminent domain . . . they're not using it anyway and there would seem to be no viable other use.
"Homeless problem? Give em a home! Legalize squatting in all those abandoned buildings." -Jello Biafra Your comment reminded me of that quote, and I haven't heard it in almost a decade.
You people are asleep at the wheel. You would be insulted if someone called you a Communist; but you are spouting COMMUNISM! ( Remember, they are the ones who are responsible for 85 to100 million human deaths! ) Most rich people (and I am not one ) got that way by WORKING! Most homeless people got that way by NOT WORKING ( plus alcohol and drug use ). WAKE UP!
Burkhold St. Rudderberg No YOU are asleep at the wheel. It doesn't fuckin matter if you're a capitalist, communist, fascist, socialist, or whatever the fuck you claim to be, any human with common sense can see that 3-5 25 story buildings, closed and fenced off, is NOT a good thing. It is a gross waste of resources. People with the money to fund such projects NEED to be held accountable to those projects. It doesn't matter who you are or how rich you are, to create buildings like that to waste away is an atrocity. If the rich guy who built the shit can't do something with it, it ought to be siezed and utilized elsewhere. It doesn't matter what you claim to be, WASTE is unacceptable be it food or a fuckin building.
My biochemist took only 10k of student loans to pay off for his entire educational and medical career. That's about 12+ years of education and only 10k of debt. Public universities used to be 2k a year back in the 80s. Now it's 15-30k yearly.
I graduated with $24k in debt that I paid off within 1.5 years with a job that requires no education. Had I never gone to college, I'd have 2 houses paid off and well over $200k in the bank.
Yeah guys, it's called liberalism. Once you make it mandatory to give someone a loan, no matter their credit, to go to school.... the Universities skyrocketed the price.... just like Obamacare & the 2008 Housing Bubble. Liberalism is Communism and is a mental disorder. You people voted all of this in yourselves.
Burnt Popcorn Productions Is the UK communist? Just curious.
Random dude What country you from? Europe isn't a country. Long story short, Racism, the Red Scare (in case you haven't heard of that, look it up) and Ronald Ragen got us into a position that other countries never had. This position got us into a place where we have more expensive healthcare with fewer taxable people to pay for it. Racism because back in Jim Crow days some president tried to make a bigger safety net, but knew that southerners wouldn't vote for his reelection if it helped black people, so he scrapped it. Red Scare because thanks to that, we think that would be communism. Ragen because Ragenomocs made more wealth inequality. That's my uneducated opinion anyway. It's important to understand how we got here when other counties didn't.
Tech Freak LOL Not with the current government sitting in Westminster. It’s as much of a rich person’s country as it’s ever been and very tough on millennials, I’m not one but my sister is ten years younger and I know how hard she worked to get through university and get a stable job. She’s not whining about it though she’s getting on with it and then we’ll vote at the next election and see what happens. I’m not sure we have a communist party to vote for though I think I can speak for a lot of people and say we’re not really into that.
Interesting video but I have to disagree with a lot of his points. For starters some of the damage here is self-inflicted. There are places you can live and work where the median house is nowhere near that expensive. Its nobodies fault but your own if you aren't a millionaire and chose to live in LA. Secondly, the "you must go to college" line has turned out to be a lie my generation bought into hook line and sinker. People getting out of trade schools have similar outcomes and next to no debt and that's not the only option out there. I and my wife got our CDL and drive a truck we own and make a fantastic living. Sure automation may eat into that eventually but that's coming for a lot of degree holders too and I would bet money they get to the chopping block before I do.
Then there are the solutions he proposes. I hear a lot of "Tax the rich" with an implied "Just like they do in Europe.". Problem is they don't just tax the rich to pay for everything over there. those high taxes extend well into the lower middle class. Implying otherwise is disingenuous. The Trump and Bush tax cuts probably need to be largely rolled back but I don't think becoming just like Europe is a great idea either.
While I agree we have it harder than our parents I have no idea where he got that impression about our grandparents. My grandparents lived through the Great Depression and my grandfathers were WW2 vets. One of them dug ditches by hand for rich people that didn't want heavy equipment in their yards just to put food on the table and that table under a roof. Which brings me to another point. Frankly, I think the stereotypes are largely based in fact. A lot of my generation wouldn't dig those ditches despite the fact that that sort of job these days pays a good living. Want a good paying job that isn't likely to be automated or outsourced? How about bricklayer? It's not sexy and it is hard work but its a solid middle-class income. It's also just the sort of work they can't get my generation to do.
I take issue with the "Personal responsibility narrative." idiocy. just who's responsibility should the outcome of your own life be? To which his response seems to be "The government!". My feelings on that point hover someplace between horror and humor. What kind of fool looks at OUR government, the one that craps it's proverbial pants every time anything of importance needs to be done, and says to themselves "Yea I want that institution running my life!". It's the sort of thing that sounds like a joke right up till you find out the person saying it means it. And don't give me some crap about how it's all the evil republicans fault our government doesn't work. Obstructionism isn't unique to Republicans. and even if it were, there are two problems with that line of thought. Firstly, sometimes the right and left need to be obstructed. Secondly, they aren't going anywhere and should not go anywhere. The left and right exist for good reason and both are needed.
Don't get me wrong. I think the government does need to do more. Free markets cannot do squat for you if you get a heart attack. can't exactly comparison shop in the ambulance for a better price on open heart surgery. Our antitrust laws need to be updated and used liberally to destroy anything that looks like a monopoly or that is too big to allow to fail. I think we did nothing to prevent another 2007 style economic crash and we need something like Glass Stegall back. Wage stagnation and income inequality are huge problems that we need to find good answers for. I am no Libertarian. More of an outraged moderate who looks at the political left and right and can't help but feel disgusted by the current state of both.
Hey fellow Millenials. If you're still living at home, just delete your personal Facebook, Instagram, etc., delete your Netflix, Hulu, etc. and focus on starting an online business (practically for free), or learning to code ($20/course on Udemy.com), or buy an old pick-up truck and paint wealthier peoples houses for $1500+ per house (Or more depending on the size).
For example, if you choose to start a painting business, paint on your own for like 6 months. Then hire a bunch of high school kids who have pick ups and have them work for you on the side after school. Pay 'em $2 or $3 dollars more than the local McDonald's and buy them all coffee in the morning so they'll be loyal to you instead of Micky D's. Convince them not to go to college because fuck the debt _you're_ in, right? Use the power of social media to market your business, make time-lapse Instagram videos of you and your employees painting the living shit out of a house, a website with profiles/blurbs about each painter, etc. Celebrate and support each painter's dream.
Then after a few years of that, when you have a fleet of like 10 trucks and you're paying your employees $15-$20/hr because you're racking in like $2500+/week from bidding multiple jobs, make 'em detail their trucks with your logo. Advertise it on your site using social media and maybe Shopify to automate orders. Go on Fiverr and have some Indian kid set up your logo and site for like $50 if you don't do that thing yourself.
I guarantee after 8+ years of a business (the first two years will be *hell on earth* ) you'll be able to buy a house way bigger than your parents, have your own boys (and girls) paint your house for you every year because you feel like it, and you'll be in the green instead of the red.
Used Ford Ranger: $4k (Or the car you already own)
Painting whites from WalMart/Dickie's: $40
Painting tools and supplies: Paid for by your client.
Sure it'll suck that you won't be using your degree, but after 4 years of working in silence and saving up, you could save the next generation *AND* ball on your parent's generation at once.
My education prevented me from becoming a complete bigot. The more education we have available, especially in rural areas, the more people are able to better themselves. Anyone who calls a degree "worthless" obviously does not value the process of learning.
I don't know where to start with this guy. This whole video is exactly the kind of attitude that gives the older generations ammunition to shit on us.
1) If your comfortable making minimum wage then being poor is your fault. If you aren't comfortable with that, what actions have you taken to remedy your situation. If the answer is none, then your own poverty is your own fault.
2) Food stamps don't pay for sandwiches because its more expensive than purchasing the individual material and putting it together.
3) Taxing the rich = rich people move away.
Take ownership of your life and stop blaming others for your own deficiencies. Your not entitled to anything, if you want it earn it
Thanks for understanding. It's hard knowing that you can't compete with your peers simply because of the lack of options whilst everyone just calls you lazy.
What is missing in this "failure to launch" talk is the fact that there is "nowhere to land." The boomers grew up in a time of unprecedented economic prosperity following WW2 and think that they did it themselves. Born on 3rd, think they hit a triple.
Millenials will be paying the debt for their kushy end-of-life care and medicare until the day we die; all while not receiving any of the benefits. Sometimes it is justified to complain when you are being blatantly robbed by a past generation.
1/3 of millenials still live with their parents today. So we have a couple of considerations:
1) For some reason a generation of broken, lazy, naturally-unmotivated people have been born and, despite the excellent rearing and parenting of the boomers, are failing en masse.
2) They have been helicopter-parented since day 1, coddled and raised under false leftist ideas of "everyone gets a trophy for participation."
3) The generation that raised millenials have not stepped down to allow millenials to take their proper place in society, instead opting to maintain a deathgrip on power at every single level. They aren't retiring, they aren't stepping out of offices.
4) The boomers are racking up a huge debt for their healthcare and other promised, extremely kushy entitlements that *we will be paying for long after they are dead.* We will have none of the entitlements and all of the debt, and they will be dead. I hope they realize how badly they fucked up.
I can see how you might think Social Security. Medicare, pensions for the elderly are all things that we can no longer afford. But in reality it's the top wealthiest 5% that take advantage of us at every turn. Look at the Wall Street bailout literally trillions of dollars we're paid back to speculators and flat out criminals who after tanking the economy were reimbursed everything they lost courtesy of the government via our tax dollars. That's like gambling your life savings at a casino losing it all and then having the casino give your money back. Can you imagine if they just told these companies fuck off you're not too big to fail or at the very least every bad mortgage these finance companies pawned off on the American people we're going to be forgiven. but that's not what happened these Wall Street scumbags got paid back and still went after and repossessed americans homes. Right after they finished giving themselves bonuses of course. This type of thing is not unusual for some reason the biggest companies pay the people that work for them the least amount legally allowed it does not seem fair that somebody can work full time at Walmart and still have to use food stamps not to mention the fact that you can't even see a doctor when sick because there's no Health Care and the government does not step in on behalf of the poor and demand companies like Walmart at least pay a living wage to the full-time employees that help make their company so profitable but nope instead they give Walmart another tax break and do nothing for us
May I suggest a 5) (you seem to be on the right, and I really am...while not anti-capitalist, not on the right...or libertarian)?
Harmony Alexandria Pretty sure working hard is the only thing we CAN control (I certainly can't control the economy as a millennial/Gen Z, but I can make sure I work hard and play my cards right. I think that's pretty much what we're all trying to do anyway. Most people I know got jobs while in highschool, after all. Don't knock hard work: it's not the end-all be-all but it helps for sure.)
Harmony Alexandria please put in the effort to find a credible source before making accusations. Otherwise you're not helping and are only illustrating your own bias. It takes a bit of extra work, but you know how to work hard so I know you can find a good one.
Worthless....selfish ....do nothings! Commit to nothing......Would Never Hire one again.....!!! Lazy...Late......Work dodgers....!!
My dad bought the house for the price of 2 years of his annual salary that's a conservative measure in the 90's. It was around 60K. Now, the house is valued at around 400K. I only get around 30K (my last job), I'm 3rd level educated and was in a technical/IT role.
Edit: In context, about €370,000 is the average house price in my city.
only 30k lmao.I think my highest basic wage in uk was like 12k when i was back there. you prob drive around in a new car tho huh? and an Iphone that is best part of a grand,a laptop you dont use mu
ch and broadband every month, maybe sky tv channels. possibly eat out every week.
yeahh sure, dont think we even had a car til the 80s, no colour tv til i was like 13, yeah, YTS for 25 quid a week as they stopped apprenticeships after leaving school, i couldnt have afforded a bus to get to university even if id been motivated to attend, UB40 top of the charts cos 1 in 10 outta work, riot sin the streets, poor people locked up for not affording poll tax.... it was sooo easy back then
Medical Cannabis Spain Don't drive. Don't have expensive phone. Wow. All the assumptionso and mental gymnastics you are doing there is really something. Swosh and the point went over your head. 30k per year is nothing especially for a 3rd level educated person when the price of rent is 1250 per month on average.
That phone you mock, replaces a wired telephone, tv, binders, writing utensils, dictionary, thesaurus, multiple compendiums, calendar, snail mail, picture albums, books, camera/video recorders, games, faxes, maps, phone books, alarm clock, radios, watches/stop watch, tape measures/ruler, levels, meters of all types, remote controls, flash light, calculator, note pads/day timers, answering machines, contact list/rolodexes .. should i really go on. Your so full of shit for taking crap about people have a cell phone because even at the cost of this shit in the 70s it would still be cheaper to buy the fucking iphone.
husher5142 lol so true
Bread Harrity lucky stiff... you have a great place to live for free and you'll eventually inherit it if you're not a complete idiot. Good job choosing your parents! We should all be so fortunate.
I escaped living in a country where they tried to make things quote en quote equitable. I paid through the nose to get myself and my family legally over here in the US. Please don’t undo my work. Please don’t make the US an “equitable utopia” like the one I left behind.
Every time he said “let’s tax the rich to pay for it” a Libertarian somewhere keeled over dead or lost his shit.
I only had a slight heart attack!
Libertarian is just a PC term for raging asshole
To sum up: Millennials are both.
when i lose a job, unemployed and seeking for work in almost desperation, i come to watch this to remind myself this is the kind of society i'm living in. and it is okay to be scared and frustrated cos i'm not alone, the whole generation is going through it.
That’s because your whole generation is LAZY and entitled.
As a gen Y guy I started hating this guy (I’m holding on to Gen Y) …..then started totally agreeing with this guy. Sorry Millennials, my 401k is dominating. You’re fucked. This guy is right.
Young people, please believe this. Stop worrying about this. You have to know in your own heart, without a doubt, that you can survive, and thrive, on your own. Nothing, and I mean NOTHING, is a lasting substitute for that. Stop wasting your time and energy listening to stuff like this. Focus on how you want to add value to this world then set a goal and let absolutely nothing stop you from achieving it. The clarity and hope of working on a large goal is self validating. Achieving it gives you confidence that lasts a lifetime. Many of you already do this!!! If you haven't yet, just start now. You are not a "millennial". You are a young person in a different world than your parents were in at your age. But their world was different from their parents too. Forget all this argumentative energy. That IS the enemy. It takes away focus. You guys are awesome! But you have to know that for yourself. So go prove it to yourselves. :)
We can't ad anything to this world when we're backbreaking in order to have the strict minimum to live.
DamnedTuga , did you mean unorthadox? Whichever, I'm happy for you and hope you find a way to contribute, monetize it, and get fulfillment.
Maleficent I agree, and wanted to tell him the same thing.
Brian Wade ours is a generation that suffers from the folly of the previous, in much the same way the Greatest Generation and Silent Generation suffered as they fought wars for the powerful of the generations that came before them. The Baby Boomers may go down as the worst generation in history, but it's up to those that came after them to persevere and ensure there IS a history to remember them as such.
It's certainly not easy, but when compared to most of human history, we have so many advantages that overcoming the shortsightedness of our elders will be easy in comparison to the struggles of the past.
DamnedTuga, respect and virtual handshake to you. I think you're already "ahead of the game".
Standing ovation from my home. Many people have given up even trying or don't realise how hard life is, and will be in future, and don't prepare their kids for it. I hope this video gets many shares.
He looks like if Putin and Robin Williams had a love child
You sound like one of those stereotypical people he talks about.
Hahahahaha
So accurate...
Can't unsee it.
I see it
I'm 55, but I've been saying stuff like this for a long time. The younger generation has it harder than young people used d to, and anybody who is paying attention knows this.
"Tax the rich"
The rich : *moves overseas* *
What else are they supposed to do? Nobody wants to be fleeced.
@John Taylor In the actual system, Working hard *does not* equate getting rich. People who work two jobs at the minimum wage work very, very hard. Yet, they struggle to get by.
John Taylor OR maybe society changed? I also guess you just don’t believe in human dignity hahaha
@@LouisParent They are usually working low skill manual labor jobs.
The dislikes are from Ritch people
Im not laz
I'm not sold on this idea that you HAVE to go to college to make a decent living. Quite the contrary.
I work full time as an arborist and part time as a delivery driver. I walked home last week with just over $1200 from working overtime as an arborist after a storm. Yeah I had to work about 70 hours to get that, but it's the long weekend now and I am so relaxed 😌
Here's the awesome part: you don't need a license to start at entry level as an arborist. You don't even need an apprenticeship.
Just walk into or email an arborist company (I work for Davey Tree which is the biggest in Canada and the oldest in the US) and they will probably set you up as a groundsman.
It is very ergonomical work as we are literally designed for trees (being primates and all) and there are plenty of ways of commanding a higher wage and greater responsibility. I have an airbrake-truck license and can command $20/hr just to drive the truck and be a groundsman.
There are virtually endless job opportunities due to the fact that trees are so common in residential, commercial, and public areas.
I might get a bachelors someday once I get old and need a "sit down job". But I'll be able to finance that by myself, so I'm doing just fine and don't ask for anything from the government. In fact they ask a lot more of me as a taxpayer and citizen.
To live in such a way is true freedom and I believe every honest person will aspire for something to that effect.
Let the rich be rich if they worked for it. Don't disincentivize ambitious behavior. Let people dream to the skies and beyond.
That's the way it ought to be.
Low taxes and loads of opportunity.
It's quite a bit more expensive to for instance get college education so whining is perfectly justified as previous generations messed things up.
Over the last 3 years I've come to realize that university education in the US for our generation needs to be written off as lost for the segment of the population that do not have parents who can pay for it. For that group, look to studying outside of the United States. You can get world class educations in Germany, Denmark, Norway, Poland, France, Spain, Czech Republic, Iceland, Italy, and beyond for free, or for a few thousand dollars a year in tuition. Most programs you can take in English and learn the native language on your way. If you want to return to the US after, you have your education without a massive debt load, a second language which is immensely marketable to companies, and experience outside of the US that the vast majority of the workforce does not have. If you stay, the quality of life is amazing in some of these places in comparison to home, and while it's not easy, you can find jobs in Europe for your degree and get permission to become a permanent resident.
Wanted to hate it... but he has a point :/...
I have a college degree from UNC Chapel Hill in Biology and the best job I could get with benefits is a job on a dredge. I work 84 hours a week and come home dirty almost every day. Virtually everyone I work with never went to college, some haven't graduated high school, and some have been to prison. I do manual labor, working my ass off. I have good benefits and make $2100 per week after taxes. Point is, you do not need a college degree. College degrees are overpriced for the benefit you receive. And if we start making the taxpayers (people like me) paying for people to get their degrees, not only will the price of tuition go up, but so many people will have a degree that it is meaningless.
I am not trying to bring politics into this, but this video (I'm almost 5 minutes in) so far is a BIG fail. I haven't heard of this channel before, so I won't judge it off such limited info. But so far this video is clearly about advancing a political agenda, much like info wars, CNN, MSNBC, or the many other insanely biased "news" networks out there.
Right now 90% of people reading this just said "WTF? He just put info wars and CNN in the same group?"
Time to think outside your bubble.
Oh good lord, this video just keeps getting worse. There is no "making the button rung well off". This is an absolute myth. You can only make the middle class join "the bottom rung", making more people poor, in the name of "equality".
Warning: basic economics incoming.
If you stray away from a system based on merit, effort, ability to satisfy customers, etc... and simply start helping out the lower class regardless of how hard they try... There are a number of issues.
***it's debatable as to whether or not drastically increasing the minimum wage will actually put more money in the hands of minimum wage workers, since their hours are often cut and some flat out lose their jobs due to lay offs, or entire businesses closing down, but in this instance, I will assume that drastically raising the minimum wage does indeed put more money in the hands of minimum wage workers.
When you give money to the lower class (be it by universal basic income, drastic minimum wage increases, etc etc), the following happens:
1. People abuse the system
2. Prices increase (supply and demand)
3. Welfare must be increased due to #2
4. Taxes must be increased due to #3.
5. People move out of the city due to #4
6. Taxes are increased due to #5
7. More people move out of the city due to #6
Allow that to sink in.
8. There is less incentive to work
>>if working hard leads to poverty, why not collect welfare, when you can be in poverty without having to work?
9. Taxes increase as welfare increases
10. The cycle continues.
There is much that I could add, but it isn't necessary. A few key things to understand:
1. The United States is not Capitalist. There is an abundance of government intrusion into the market and taxes are too high, making the risk of starting a business too high.
2. The more businesses there are, the more competition takes place.
3. Competition leads to higher quality goods/services at lower prices. If you deliver a bad product at a high price, you become bankrupt.
I'm going to end this. I do believe some government involvement is necessary. I think there are necessary environmental regulations that should exist, as well as some taxes. The government should also provide programs for the TRULY NEEDY, but measurements should be taken to assure that the system isn't abused.
There must be incentive to work hard and succeed. If there is incentive to NOT work, or incentive to stay at a minimum wage job one's entire life, that's what people will do.
We must preserve the American dream. Welfare is guaranteed poverty. Staying at a minimum wage job is guaranteed poverty. Why should we create incentive for this? Increasing the amount of poor people DOES NOT HELP.
Asian Americans have the highest income, per capita, in America. This is NOT because the system is "rigged" for Asians. It's because their culture instills values of hard work and education, dating back to Confucius. We must try to create a productive and successful citizenry. The opposite is having no future.
He's a millenial? He looks 10 years younger than my dad
The Mexican Animator
Millenials are currently 22 - 37 years of age. I was looking pretty good until I turned 32.
23-38 years. Depends on what habituals one has besides the DNA that ages them.
Bryon Myers not millenials. I wish they would ston lumping 37s with this generation.
ehhh???????? Millenials, born this century
Gen Z are 2000 +
My parents paid $75,000 for my childhood home. It was in the heart of Queens, NYC. In the suburbs near some of the best public schools in the district 34 years ago before I was born.
It is worth 1.5 million today.
How much has federal minimum wage increased since then?
And they claim nothing is wrong and we are imagining things HA!
My Father had his first house built in the 1950’s, which was a three-bedroom ranch style with basement and garage for 11,000. I think homes in that area now are about 175,000 to 225,000 Midwestern Great Lakes region. (this is not the expensive area either) My guess would be that you should be around 1500.00 to 1900.00 @/week pay to match that with a newer car purchase, children, taxes, energy . . . and on and on.
🤔 maybe they shouldn’t judge a whole generation until they actual become adults
Every millennial is pretty much an adult now with the oldest pushing into the mid 30s.
Strong men make good times, good times make weak men, weak men make hard times, hard times make strong men.
-Some old dude
How are times harder then the Great Depression?
I am 29 and live in the Silicon Valley. A 3 bedroom, 1 bath house🏠in my mother's neighborhood is selling for $1,200,000. These homes were built in the early 70's. Supply and demand is crazy here in the Bay Area. Now most of the people here are on an H-1B visa from Asian countries. You can not find a home for less than 1 million in my area these days.
Great insight! I appreciate such a clear presentation of why the stereotypes don't mean anything in the context of the changing world. It's honestly disappointing how poorly the last generation structured everything to stifle the American dream. I also like how you present honest solutions all with the Robin Hood mentality. I believe one positive change could be shifting government agency incentives so that good work and efficiency is favored rather than cutting off groups who do their job alright
the student loan situation in the US is insane, it's the biggest scam that has ever existed....
America. Land of The Commerce lol. Debt & Money. Trade school is better tho however it does depend on what one wants to do in life. And the idea of braggin at the family function of how many degrees your sibling has or whatever is a concept that wont ever die..so imo trade school and its a plus if your already good at whatever it is what you do.
4 years in trade school. Never taken a single day of unemployment, have health insurance, a house kids, wife, motorcycle… Don’t have to have a degree.
"tax the rich to pay for it"
Connecticut tried that and all the high earners packed up and left the state and took their companies and jobs with them, and now Connecticut is more worse off than ever.
The proposition is from a federal perspective, not state.
Vote blue and the chances of being as good or better off than your parents in the entire scheme will get better. Convince your friends to do the same.
159 people are offended by facts
4:30 This statement is false. I work for a Union pipeline company, and I do not have a college degree. I am 27 years old, and am making pretty good money. I think the issue is that most of our millennial generation don’t seem to want to work physical labor jobs or careers. There are plenty of good paying, good benefit jobs out there, but they are physically demanding.
isnt that subjective? i mean whats good paying? how much do you earn?
mehdi11 Anywhere between $120-$150K a year
No one that makes less than $30,000 a year should pay taxes and sales tax should be abolished.
This man is my favorite journalist. I think I have listened to everything he has ever released, and I have learned so much. He is very well researched
Move to Europe, enjoy your strong job market.
In Europe, if you get laid off or fired, your life is as good as over.
The generation before us, our parents sold us out and their parents sold them out because things were good right after the depression and during the war. Things are good now too production has never been better but wages have barely moved an inch. We need better representation and we need more groups to come together.
@@brettsinger9565 Is that actually the case? And if so, what makes similar situations in the United States better than in Europe?
In Oregon, if it's 2009 and you've never worked before, no one will hire you. Your life is as good as over. Just give up.
This summer, I paid $2200 a month to live in an unfinished basement of a child sex offender, with crickets and frogs. The town I live in is a seasonal vacation spot, so everyone rents their houses for thousands a night in the summer. Many restaurants have had to shut down because there is no one to work in them, because working people can't afford the $10k a month rent. It's incredibly frustrating that my husband and I, who are both educated and work 2 jobs each, will never be able to own a house.
Instead of taxing the rich to pay for it; tax consumption.
TheGazimon oh you mean so people who can less afford to dish out extra money have to pay taxes at the same rate as people with millions and millions of dollars? Wow, brilliant.
Psycho Lefty there's a great mistake made by the left which states that the rich should pay their fair share. Unfortunately, this is, but a fantasy the reality is that if I'm rich enough I'll use tax havens in the third world or elsewhere to hide my money. You will never be able legislate equity nor should you. All utopias are secretly dystopias if one is willing to observe keenly.
Remember what JFK said: "A rising tide lifts all boats."
TheGazimon I don't want equity. I want equality of opportunity. And I don't see that happening right now. It is practically impossible to identify the extent to which wealthy Americans have benefitted from the system we have here. They should give back. And you absolutely can legislate it. We have intentionally left loopholes to let the rich hide their money. Close them. We do not prosecute and punish rich people and corporations who hide their money. Do that. You don't seem to be arguing against the idea of taxing the rich inherently, just against the implementation.
Psycho Lefty every country who has legislated equality has failed miserably. Scale is a huge issue when you're talking about a welfare state with 300 odd million people. The richest percentile will always dodge taxation regardless of laws in place because this country is an oligarchy and a corporatocracy.
Noam Chomsky said this: "In the US, there is basically one party - the business party. It has two factions, called Democrats and Republicans, which are somewhat different but carry out variations on the same policies. By and large, I am opposed to those policies. As is most of the population."
I argue that instead of fighting losing battles, focus on shifting the economy toward taxing the biggest consumers. The rich don't really buy American anyways, this is a global game of chicken.
The argument put for by our host is virtually correct. I graduated from university in '72 and my schooling was paid for by a combination of the GI bill (draftee, Vietnam War) and some part time work. It wasn't easy and life generally isn't. However, I have been aware that the equation changed back in the late 70's and that education suddenly became horrifically expensive, schools argued for major sports programs ($) almost entirely because the state houses in this nation suddenly turned off the subsidy. This is your silver bullet, defunding the state colleges and universities drove the market vertically. I can not say adequately how this shortsighted anti-tax response defunded our culture. It was and is a horrific decision with demographic consequences never envisioned. Now the politics preys on the fallout. I always wanted the folks that couldn't graduate from high school (because there are so many reasons) to have another, better chance, but our country chose to pander to tax adverse successful folk.
I was all on board until he brought up taxing the rich to pay for everything.
This moron forgets that money doesn't recognize borders.
@@loadishstone European countries backtracked already.
Reason why everything is more expensive is the rise of intrest rates, and the lack of the dollar holding any value.
This is how every generation thinks of the next.
Exactly. It will never end.
Not me!
Enayet Hussain Im also a millennial and I can see that our generation is self absorbed and lazy. The "evidence" is literally right in front of him but he needs to see a poll/survey to believe it.
Young people will not do physical labour anymore. Just ask how hard it is to get laborers, drivers, tradesmen, etc. When I was a child it would have been a dream of mine to drive machinery for the summer to earn money. Lots of kids my age were the same. However I have heard from every single contractor that they cannot get young people to work for them. They won't do the unsociable hours or sacrifice their social lives. I've heard this from countless people in the last couple of years. They say there is a marked change in the space of 5 years.
Hey D, its not about not wanting to do labor jobs. We are the generation with more college graduates than any other generation. Our parents who were the laborers wanted us to get an education so that we WOULDN'T have to be labourers. What about that do you not understand? HOWEVER, as the video mentioned, the system has systematically fucked us with debt and many of us graduated during the height of the recession taking low paying jobs just to survive which became a perpetual cycle.
Stop blanketing an entire generation which is FAR greater in numbers than previous generation based on anecdotal nonsense. You have no idea what evidence even means.
D a lot of these “labour” jobs are pointless and are getting replaced through automation. Why go into a job that will likely be worthless half way through your life? I have run a business from my bedroom with my laptop earning enough to get me into the highest tax band in the UK. Does this make me “lazy” because I don’t do labour work? Am I still not contributing towards the economy and providing a useful service to others?
Not treating each other like shit.
A revolutionary concept.
This dude looks like Putin
CustardGanet if he's not into peepee, my gaydar is seriously broken
I was thinking Stephen Miller's non-psychotic twin.
He looks like Putin if Putin were gay.
Don't worry about his looks or his sexuality. Did y'all understood anything he was saying and benefit from it? That's the real talk here
robin williams
Right out of the gate, I counted 3 separate objective contradictions in about 30 seconds.
Oh the Huffington Post? This is for real news right here folks!
It's actually much worse than this. Not only do you have to go to college, you have to go to the right ones and go to the right colleges. Probably half of all degrees are largely useless. Then, you will probably need a master's because everyone has degrees.
The problem with taxing the rich is that proponents often speak about it as if the rich are things and not people. So they paint a picture where the only thing that happens when you tax the rich is that the tax revenue increases, and everything else remains the same. But just like anyone else, the rich do not like to be taxed and some type of reaction to increased taxation should be expected. What that reaction will be and how it will manifest itself is something that should be analyzed and factored into the decision making process, just like any other proposed change to the economy.
Phil Barker nope, taxation is theft period so taxes should be banned
In just first two minutes:
- House pricing. Average median household income in 1965 was $6882 (www2.census.gov/prod2/popscan/p60-049.pdf), in 2017 it is $61,372 (www.census.gov/content/dam/Census/library/publications/2018/demo/p60-263.pdf). The median price of the new house in 1965 was about $20K, in 2017 it is about $320K (www.census.gov/construction/nrs/pdf/uspricemon.pdf). So if median house price is normalized by median income, it has became bigger just in 1.8 times. And we haven't even considered the change in the size of the house (median has grown from 1,525 sq.f. in 1973 to 2,169 sq.f. in 2010), growth of U.S. population and foreign investments in real estate (both bump the price up) and enormously grown amount of bureaucratic regulations that made it extremely hard for a family to buy land and then build a house on it.
- Education. It is free. You can get a free old laptop on craigslist, find a free table and wi-fi in the mall, and get all the education materials you need. Harvard, MIT, Berkeley and many others provide tons of materials to study, even for complicated topics like neurology or genetics. Not to mention myriads of educational videos on youtube and thousands of articles on google scholar. Now a piece of paper called "diploma" is very expensive, both in terms of time and money. But the good thing is that in many professions employer cares more about your experience and skills than just a diploma. Not to mention your own business.
- Healthcare. Life expectancy has grown from 66.8 M / 73.7 F in 1965 (www.demog.berkeley.edu/~andrew/1918/figure2.html) up to 76 M / 81 F in 2018 (www.statista.com/statistics/274513/life-expectancy-in-north-america/). At the same period of time, obesity has tripled (www.cdc.gov/nchs/fastats/obesity-overweight.htm), which kind of nullifies the amount of smokers that has decreased twice (www.cdc.gov/mmwr/preview/mmwrhtml/su6001a24.htm#fig). It is pretty much useless to compare healthcare costs now and 50 years ago, and not only because how much medicine has changed since then. Even the term "Healthcare" has a different meaning today. But we can compare the results on people, and it is a huge progress, especially considering bad habits one replacing another.
Welcome to the millennials journalism.
This video proves the very fact they are trying to disprove. Waaah, I blame everyone but myself. "Housing is 3 times more expensive than in 1968". While that may be true, the Inflation calculator says $100 in 1968 is now worth $703 in 2017 dollars.
I'm gen x. I have no retirement plan, I have no pension. I didn't go to college because I couldn't afford it. I've worked for myself for the past nearly 20 years, I moved to where I could afford a house when I was 29 instead of staying in the big city and buying $8 coffees.. The big difference is I don't complain about it. I don't complain about how the system is broken. I don't expect other people (including the rich) to make up for my bad decisions. I work within the circumstances life has given me to make the best of it. My actions are my own and I own them 100%, good or bad.
Housing being expensive is hardly universal, too. I can buy a decent small house for barely more than my parents did, in non-adjusted dollars. You don't have to live in a densely packed city, generally, nor a state where red tape inflates those costs. If you do for work, make sure they pay enough to compensate.
turbo2ltr, I left a job managing 35 people and moved across the country to a place where my wife and I could afford to buy a house. I make more money now, doing menial labor, than I did before, working in management. It is possible to take responsibility for living your life well while simultaneously acknowledging how badly broken the sysyems within our society are; obviously, I chose homeownership over my prior job, but I loved that job, and I was very good at it; applauded by the owner and other local business owners, none of whom could afford to pay their employees a living wage.
I have not known the person to lament his or her income while buying eight dollar coffees; that is, simply put, a false narrative submitted to give solace to the impoverished who work 40, 50, or more hours a week. At one point, working two jobs, I put in 90 hours a week for four months, and could only make my rent so long as I ate two meals a day: an egg sandwich on dry toast for breakfast and ramen noodles for dinner. Who, working those hours, deserves to eat like a refugee?
there you go. 🍪
The point is they are making claims, 1: that aren't true, 2: they don't site where they are getting this info from.. So what is embarrassing is that you blindly believe everything you hear because it's in a youtube video. This chart put together from bank sources show that even at the peak of the 2008 bubble, housing prices, after adjusting for inflation have not even doubled since 1975. They have never come even close to 3 times. They have since gone down. i0.wp.com/inflationdata.com/articles/wp-content/uploads/2013/06/Inflation-Adj-Housing-Prices.jpg?ssl=1
To put it simply: in 1975, the average house price was about $120k in 2017 money.. In 2017, the average house price was $186k. That isn't even close to 3 times.
That's probably because I am older. You are very observant.
“Everything that has been done to us” says it all.
Y’all the ones whining, we’re just tired of living lmaooooo
Thank you. Well said.
Every generation thinks they're more clever than the generation before them and more wise than the generation after them. Are some millennials whiny/lazy? Yeah. Are there also millennials out there grinding, doing things you can't even imagine? Yeah.
I'd actually argue that a large portion of the millennial generation has bout into this "lazy/whiny" narrative of their own generation. We may be the first generation out there to lack the backbone to tell older generations to fuck off when they continue to stereotype and insult us.
Jason Seow For sure, definitely a lot of spineless mfs out there agreeing with the older generations because they don't want any smoke.
i think apart of Millennial buying into these stereotypes of millennial comes from the alt right millennial looking at and judging the SJW left Millennial. They have embraced the stereotype for political gain and to try to have that "air" of being "woke" or "red pilled" compared to others of their generation.
Yes, I remember as a teenager my father being like "Why don't you have any money? You're making as much in an hour as I made in a day!" "Yeah Dad, and what did you pay for a loaf of bread and a gallon of milk?"
Older generations were calling the younger ones lazy, irresponsible, rude etc. since the beginning of times. It is a rite of passage for us - and for them.
Do you realize when you say tax the rich more (and also the way you say it, it's like you want them to be punished), it's lawyers, doctors and small buisseness owners that you're targeting, and not the multi-millionaires? They have burdens of their own too. What we need is to tighten the fiscal laws so that every body actually pays their due.
He probably really meant tax the rich(i.e. the top 10%), not professionals who you named.
Uh...those professionals are usually close to, and in some regions in, the top 1%, not merely 10. The top 10% doesn't get you past middle class, today.
College Tuition increased because government stepped in to take control financial aid. Not everyone is meant to go to college.
This video says that we MUST go to college to get on the job ladder. This is not true. There are SO many options today, more than ever before. Please do your research. We no longer MUST go to college to get jobs.
If Michael Hobbes' dad could buy a house for 18 months salary, he was no boomer. I was born in the middle of the boomer cohort, not even a late boomer, and my first house cost me ten years salary. What Big Think needs to do next is a video dispelling some of the myths about the baby boomer generation.
Millennials are lazy
Every generation thinks that the next one will be the end of it all.
The trades right now are absolutely starving for young people. They aren't necessarily cushy desk jobs, but they pay well and have benefits. And most of the time they don't require a college education. Probably a 2 year associates could help though.
Matt T
Trade jobs aren't that easy to come by, don't pay half as well as you say, and work is based on the amount of jobs you have lined up which can be pretty unforgiving at times. A trade is good, but it's not enough to pay the bills.
Trade jobs are highly competitive currently and DON'T pay all that well. True they don't require college but they are famous for entry level positions that require 5 years of experience. In my experience most trades also do NOT have benefits unless you are in a union. Many trade jobs are seasonal and cyclical with yearly layoffs and rehires not to mention contract 1099 work that sees you paying double the taxes of a traditional job. Also, entry level trade jobs are ALWAYS the first ones cut when the layoffs start so job security is practically non-existant to start with. The trade positions are also predominantly male occupied so good luck for any women trying to get a job.
Don't pay well and don't have benefits. Try again
It depends on where you go, but every factory, mill and power plant needs electricians and mechanics to maintain the equipment. Bonus points if they have an internship or apprenticeship. It's not all doom and gloom. Trades don't change the fact that houses and college are well more expensive than they used to be.
Cost of education has sky rocketed and yet they still can't pay their teachers.
Let's not spend 600 billion on a space force.
You said words that offend me, therefore it's violent, ergo I must cry in the corner because I have been violently assaulted...
wut?
what are you talking about? Did you even watch the video?
Yep, found the self-hating millennial.
Again, generalizations
A study showed you need to earn 18 to 19 dollars an hour just to afford a 1 bedroom appartment anywhere in the country, and the Fed min wage is 7...
Also it would be good to actually present the "evidence" and studies that support YOUR claims.
Very true. There are plenty of studies out there to back up what he's claiming in this video but a list of references would be REALLY useful. Alas, Big Think doesn't bother to cite sources
Loads of generational research and results here:
www.pewresearch.org/topics/millennials/
You can not really do that easily on this kind of format. But then most of the articles on either side of the topic represent their cases well scientifically. People buy their perspectives based on biases and circumstances, which more flatters their ego.
I actually posted a comment criticizing the author in that I think he should have developed his representation more. I do not think he did a good job at sufficiently explaining biases.
For example it is true that young people are poorer at the same age than their parents were. While currency is more numerous, economists speak of ´purchasing power´ which means the relative value of a unit of currency has. While currency has become more numerous, the purchasing power of units have relatively decreased so much that the same investment is unable to produce as much as it could 50-years ago.
So just to clarify hypothetically for example: A penny back then is today´s 10 units (dollars/euro/pound/X) and what you could buy with a penny back then vs. what you can get with 10 units now is so that a penny then was worth more in products than 10 units now are. Functionally meaning that to get the same product, a person has to invest more in aggregate to gain it. Investment in economics includes currency but also time, effort and work.
I'm millennial, and I think we do *NOT* get bad reputation for staying in our parent's house, but because we tends to felt *entitled to good life* and *blaming others* when it didn't happen.
This guy *IS* the prime example why we have such bad reputation: blaming the economy, the housing crises, education system, his parents, environment, etc. Everything work together to drown us, eh?
That, and delusion of grandeur, like when this guy said that we can fix the society by "taking control" and legislate our problem away.
Back in our parents day, there are only 4 billion people on earth, now we have 7 billion. There are more people, more demand, and so price goes up. Everything gets more expensive. But that also means bigger market and better chance to be even greater than what our parents can ever be.
It's like bronze age people said that stone age people have it easy, they don't need to be "educated" to get "comfortable job" in local chieftain's court, they just need to be strong. But now we, bronze age people, must learn to read and write to get the same position in local lord's court.
Dude, it's true that you need to get better and do better than your parents, but you now have better tools and more resources too. Like in our parents time, they can't just making video unboxing and talking about smartphones, and get money.
Stop complaining and blaming others and start thinking about what options you have and work from there.
Throw away any delusion of grandeur you have. You are entitled to nothing.
Fact. Excuses.
He just ruined the video in the last minute.
Spoken like a true millennial 🤣🤣🤣
Claiming that the stereotypes are wrong while whining about being a victim and exactly matching the stereotype. Tone deaf perfection.
chrisose
He's saying the stereotypes of whining are entirely accurate BECAUSE of the situation.
If a restaurant has a low rating and food critics say it's terrible. They aren't complaining to get attention. It means the restaurant is bad.
School is almost 100x more expensive and wages have gone up 8x. So yes. We're complaining because we have no power to change it.
If we did.
We would have fixed it already.
We havent put ourselves in this terrible situation, and we can't get ourselves out.
We need help, not elders dangling the carrot in front of us and saying "If you just want it bad enough."
chrisose but enough about your comments
says stereotypes aren't true..... then whines about how hard he has it...
Staggering misunderstanding of this video. Bad marks. Very bad marks for you.
Things are always hard. I never compared my life to my parents. I wonder why millennials do? Maybe you millenials should consider making pensions part of your labor benefit package, instead of promoting more privatization and deregulation. For a generation which seems so focused on economics you don't really realize who is screwing you? And it's not previous generations, but those in power that want to cut their overhead and your benefits first. While you focus on previous generations they are still using you.
This video in 13 words: Nice things are expensive; therefore, I feel justified in stealing from the rich
As a millenial.. i think, it goes both way. Our generation are indeed had the too much entitlement mentality BUT at the same time, middle-lower class millenial are much-much harder to get the same level of economy security than baby boomer..
Baby boomer has rigged the economy while at the same time some of them creating the new age dreamer mentality..
Having said all that, i am totally disagree with him, on what we should do to fix this. Alot of what he sugest as fix, is big socialism bullshit.
So, asking for a future, access to healthcare and education and wages that actually allow us to survive independently is now entitlement?
I think that you need to grow a spine and stop eating up all of the bullshit being flung at our generations by those that have had all of these things just given to them. Further, a progressive tax system is not socialism. A good economic system distributes resources efficiently. Ours allows for millions of homeless to struggle for survival on the streets while banks keep millions of houses off of the market to keep prices higher. There is entitlement in our society. It's not by and large coming from millennials
Socialism, more like Keynesian Capitalism. We live in a socialist society now, called corporatism.
+AspergersGuy
We do live in a somewhat Keynesian Capitalist society and Corporatist is a good description of our economic system. I think you'd have to REALLY stretch most definitions of socialism to equate any form of it to Corporatism.
i feel your frustration, as i were once in your place too. let me explain one thing at a time.. the idea that everybody should get into university or free healthcare and enough wages to fulfilled a certain lifestyle , is indeed entitlement mentality. progressive tax system is indeed, socialism.
BUT what you were saying about those baby boomer riggs the economy to their favor and their subsequent generation that benefited from that, i also agree.. since the end of ww2, most of nation on earth were running either communism or crony-capitalism, both were incredibly injustice system.
youtube and internet as a whole created a nearly free ways to share information. it should make most type of education dirt cheap, but why college getting more n more expensive? this does not make much sense. unless the government whom had monopoly on education certification and regulation, created that problem.
many other problem like wage n barrier of entry to workforce is the same things.. government regulation very often make things worst,..
think about it.. why do we need to a luxurious college building? and why are we spending so much time in campus? i think most of subject need less than 10 hour of class a week, the majority of study can be done on our own home using internet, just watch a recorded lecture and read online text book..
or think about work.. why do company want people to have college degree to work at stupid job? it because the minimum wages law, created so many unemployment and thus make them picky about it..
As a Millenial I can tell you that the stereotypes are very accurate. I whine a lot, and I am very lazy.
You aren't representative of all. I have passion and fire. I worked and saved to get my own place and car.
Most millenials and gen z... lazy.
This dude looks older than me and i wear an adult diaper!
Being a millennial and the constant state of being offended has prematurely aged him.
James Bra My Wife does it.
No Ma'am Yeah that shit put me in a diaper
Yea you're what we called lazy arse.
off-kilter We?
Oh my, it's so much easier now. How on earth do you think it's harder.
Hi, I'm from Planet Earth. Where are you from?
"let's tax the rich to pay for it" you realize that that will end up meaning that the middle class the " richer than the poor" will be taxed higher also. and this idea that raising the minimum wage will cause less people to be poor is just dumb you literally are raising the bar on which we call poor you're not making anyone else less poor you're just raising the bar on where we call people poor
Are you seriously arguing that raising the minimum wage won't change if poor people are called poor or not? Who gives a shit. If you are trying to claim that raising the minimum wage will increase the cost of living and not help them pay their bills, that's just bullshit. We have increased minimum wage to liveable wages in some places and it works just fine. You also see some job that used to be minimum wage steadily increasing to near $15 an hour due to those jobs being pretty shitty and requiring a lot of physical labor. My stocking job used to be around $7.25-$8 an hour if that in 2009-2010 at most places. Now you see a lot of places where I live starting at $11 or $12 or more because usually not only are these jobs more physically demanding then other low wage retail jobs, there seems to be universally this mentality that the workers are never fast enough and asshole managers all around. So there is high turn over, and in order to fight high turn over and lore people in, they have increase the starting pay over the years.
You do not know the first thing about economics. You have been brainwashed into believing in nonsense so that those who are in power can buy their 7th private plane. Am I being hyperbolic? Sure. Here is how my city of NYC is going to provide 15 an hr minimum wage. Nice and slowly and by 2021 it will be in full effect. www.labor.ny.gov/workerprotection/laborstandards/workprot/minwage.shtm
Guess what? We also have free college.
It fucking works when you plan accordingly.
xinic5 that's how the economy should work if you have a hard skilled job it should pay more but if you raise the minimum to where these harder jobs are paying they aren't going to raise the harder jobs pay at the same rate thus increase turnover they are going to take time to raise it back to a point where people think their skilled work is getting the pay they deserve and then turnover becomes less, this is basic economics if you pay your simple employees close to the same as your skilled employees you will see turnover
xinic5 also by those minimum wage numbers I think you might be from California which is already on track to get to $15 by 2020
Forceably I might add... companies should be able to do this naturally i.e. people should work with their employer's not force their hand with a reach around via the government
Definitely, whiners.
this channel has seen a constant decrease in the actual big think since it started to feature people with political agendas
cesar zumaeta Jordan B Peterson was good.
JBP is one giant political agenda. WTF are u talking about? That's literally all he is.
this is facts, not politics mate
Fake Dufas ......The dude said it himself. Most of the stuff he talks about isn't related to politics, it's about psychology
Fake Dufas - lol you've never actually listened to JBP, have you? Nobody who's listened for longer than a soundbite would think that. Nobody honest, at least.
Refrigerators and TVs are not cheaper. If anything they are vastly more expensive.
I agree, but taxing the rich more is not going to work. You have to tax the middle class as well. That's the problem with millennials. THey think taxing the rich will solve it all. Its the strong middle class that makes a country well off (but that's not popular and will not get people elected into office) People do not like to hear once they are making 50 000 plus- should have to pay for the safety nets of society but that is what has to happen. Additionally, housing costs are due to en extremely low barrier to entry- with very low interest rates while supply and demand and cost of materials have changed. Additionally, governments have been careless with public spending with such a massive debt- which also contribute to higher prices for millennials. People need to look at their countries more like a busines and use research based policies instead of feel good policies.
The problem with taxing the rich more- is that there is a threshold of negative returns- especially with globalization. it is not hard to look for countries who have already tried big government with high taxes on the rich. They seem to be doing well?
Wanting rich people to pay more taxes and ignores corporates that pay little to no taxes.
You're not wrong when you speak about the rising cost of living combined with stagnat wages. That's a pretty obvious issue. But like others have said here, you could learn a trade and make boat loads of cash. Problem is, you folks think you're above that and so wouldn't dare get your hands dirty, lest you stain your overpriced iPhone.
They over pay for college, to be qualified for jobs that don't exist, and then get upset that the only jobs they can get are working at Starbucks.
Blood Angel how about having a society that allows you to do whatever you want and follow your passion instead of going to a trade job that you hate in order to live decently or spending hundreds of thousands in stem careers that you don't want to learn about?
The average wage of a trade worker is 12 to 19 dollars. That is nowhere near close in city conditions to survive off anything and that's where most of the jobs are heading.
There's nothing stopping you following your passion, but if you think you're entitled to get paid simply because you choose to do that, you're mistaken.
I understand all of these sentiments but I'm going to be frank, the way we pay work is fucking atrocious in the United States. Nevermind the student loans, the very fact that a trade worker gets paid significantly less than a computer science major is horrifying because without the trade worker, the CS major wouldn't have a job.
For a change, vote for an end of government funding of loans for college. The PRIMARY REASON that 10x minimum wage job hours are needed is due to tuition inflation from easy government loans. STEM jobs are in such high demand that the USA imports workers, primarily from India and China. Young adult US citizens are faced with an open job market in STEM jobs and forced to compete with the most motivated in the world. Note that I use the term 'motivated', not 'best'. End H1B (imports 85000 new foreign nations workers every year), its 2-for-1 spousal VISA work authorization and end government-induced tuition inflation.
I was open minded at the start of this video, but it seems to me like he's just complaining about circumstances that everyone faces.
You apparently missed the part where millenials are the first generation in modern HISTORY that have less prospects for advancement than their predecessors. So no, we do not face the same circumstances as everyone else. Literally everyone born before 1979 had an EASIER time than anyone born after 1980.
I was born in 79 and I can SEE it with my own eyes. When my mother was a single mom in the '80s and needed a job she just walked out the door and came back with an office job, with a pension, and health insurance from the first place she applied to with ZERO experience and no college degree. She bought a house in 1977 for $45,000 in a good neighborhood. When she retired she sold the house for $500,000!!! This is why old people don't understand. They still think you just get a job and magically your make enough to buy a car, a house, and everything else. In today's world you can work a full 40 hour+ week and still be poor as hell with no opportunity for advancement.
John S. Just like a millennial who was dissing McDonalds in favor of Chipotle. Someone older told HIM, it's the same company. 🤯
kt cool It's a fact paired with a lame excuse.
bkLEGION3000 We HAVE new jobs. You can't compare then and now. There is a reason why it's called The Future. INFLUENCERS didn't exist before and making $$. Did you ask your Mom WHAT type of job she was looking for? THAT answer would change your perspective. Most of us who are looking for a job, gets a job...NOT your passion, NOT your dream job. There IS a difference
Belle Lopez - I'm just going to type one of the best jobs available. (best because it'll be here for at least a decade or two, and doesn't saddle you with debt)
Truck Driving.
6 days a week
12 hour days
65k a year to start
Never home, you'll live in your truck.
If you wanted to buy an average house in PA with the average price of $282,000 , it would take 6 years with that income and life-style. Compared to my Grand-Father, who supported his Wife, 2 Sons and 3 Daughters on a school Janitor's salary while also buying a small house... Something doesn't quite add up.
Lazy whiners. Evidence is everywhere. case closed.
Huff post and he Not Entitled. ...........
exactly