Generation Y likely to be permanently depressed wage wise

Discussion in 'Off-Topic' started by Commissar Smersh, Dec 22, 2012.

  1. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    http://www.bloomberg.com/news/2012-12-21/american-dream-fades-for-generation-y-professionals.html
  2. Torx

    Torx Indigenous Nudist

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    lmao.

    overpopulation.
  3. mistawiskas

    mistawiskas kik n a and takin names

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    sux to be them. This is the world that was formed, welcome to it.
  4. ThatHideousStrength

    ThatHideousStrength Junior Member

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    I am very fortunate.
  5. czechrboard tassia

    czechrboard tassia Likes gay people.

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    Why would you share this? It's Christmas!!!!

    I actually feel exceptionally lucky. I have a job that wasn't in the plan but ended up being something I very much enjoy at a pay rate that is solid. Would I prefer not to have the loans so I could be building a strong savings or buying a house? Of course. Am I still satisfied with how things turned out? Yes.

    Come at me, MSP!
  6. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    Spoken like a true Boomer. Though oddly enough, you're not part of the group that is refusing to retire.

    Ditto x 2.
    Sparky says thanks for this.
  7. mistawiskas

    mistawiskas kik n a and takin names

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    WTF? I work 48-60 hours a week dude. Then another 16-20 hours a week managing my business. I am however part of the group that won't get to retire. I got sick of the "world that was formed" and formed one of my own that is lucrative as well as rewarding.
  8. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    The article I posted specifically refers to professionals not to the DIY types. Your comment is indicative of your generation's attitude that theirs is the most important and anyone who thinks otherwise is a whiner. Also, your state of not retiring is not voluntary which is not what is causing Millennials inability to enter the white collar professions.
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  9. mistawiskas

    mistawiskas kik n a and takin names

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    I happen to make my money fixing so-called "professionals" trying to DIY and fucking up on thier homes.
    Either way, I always have a work if I want it. That fact stems from being a lowly DIY'er.
    My generation isn't the most important. We're just handling the mess passed down to us the best we can, just as all who follow have to.
    we can blame the "professionals" from many generations who took the money and ran. If I have any attitude, it's one of: "welcome to the shit, we've been waiting for you".
  10. JZL

    JZL Ministry of Whack

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    Millennials and X'ers who blame Boomers are facking whiners. Every generation has shit it has to put up with. How many X'ers and Millennials, e.g., were drafted to be killed or maimed in Vietnam for nothing? Stagflation? Nixon? Ronald Ray-gun? DISCO FOR GAWD'S SAKE!!!! I shutter at the thought.
  11. Sparky

    Sparky ¿sdooɥʍ

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    Of course you can't fault folks for being drafted, and disco music rocks, but there are some stats/facts you should consider. Here are some key snippets, though the entire article is worth a read:

    I mean, obviously this isn't a blanket statement that applies to 100% of Boomers, and the father definitely raises some solid points too. It's just something to think about.
  12. JZL

    JZL Ministry of Whack

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    Yeah, that's a good article.

    If Bill Clinton keeps his dick in his pants, Gore is elected in a landslide, listens to Richard Clark and hunts down Bin Laden before 9-11, and there's no Cheney-geedubbya deficit-splooging warmongering or de-regulated housing bubble-burst, and stronger environmental laws.

    If it weren't for the Gen-X whore Monica Lewinksi, the boomers might look a lot better right now. :p
  13. mistawiskas

    mistawiskas kik n a and takin names

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    Smersh was making such a deal out of me being a lowly DIY're and not an important "professional".
    Not the fault of blue collars is what I was getting at.
    Professionals aka white collars of all gens can really mess shit up.
    In regards to the graph, generation doesn't mean squat when the boomers were handed and bought into an economic model that
    is unsustainable and doomed to fail from the git-go. You just can't keep on taking without putting something back.
    The problem at hand is: what is gen 1000,X,Y and Z going to do about it? There's only four options: 1) whine, 2) fix it, 3) try something new, and 4) make it worse
    The very same options that faced the boomers. Unfortunately for everyone to follow, we chose #4, just like all the white collars in charge have been doing ever since.
    Blaming any generation for everyone reaching the inevitable conclusion of an unsustainable course of action is whining.
  14. Torx

    Torx Indigenous Nudist

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    this doesnt surprise me.

    a bit off topic
    the idea that i may not even have soc security when i get older, makes me wanna work harder to save for a secured retirement.
    i know alot of people rely on that as they get older, but for most of us ive seen it as a "just in case" amount of money.

    you just never know what can happen.. but at the same time you dont wanna depend on the gov to secure a safe retirement for yourself.
  15. JZL

    JZL Ministry of Whack

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    If you read the article, you'll see that the dad, the boomer, was himself surprised that Social Security retirement benefits are still there (However, I think he's at the beginning or in the middle of the big wave of boomers that will pull benefits). For most working people, retirement planning should be based on social security, pension, and contribution (401K or IRA or similar).

    For some people, planning for retirement means moving to Montana and stockpiling guns, ammo, liquor, weed, fuel, Krugerrands, and food. ;)
  16. mistawiskas

    mistawiskas kik n a and takin names

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    Whenever you trust anyone......anyone with your money you are taking a risk. you are trusting that there will not be a huge recession, madoff, enron,dotcom/market crash or that what you're actually putting your cash into turns out to be a pyramid scheme including SS.
  17. MSP

    MSP Haunting a dead forum...

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    Pft! You jest, but the reason the Generation Y graduates are wage depressed is the percentage of bullshit degrees. No offense, but you continue to be one of the most outrageous examples I know. Not trying to beat you up at all, I blame the adults around you who didn't do a better job counseling.

    Anyway, there's a strong need for engineers and nurses in particular. You over-educated yet useless kids didn't study the job market and pick degrees accordingly. :p

    MERRY CHRISTMAS!!!
  18. Sparky

    Sparky ¿sdooɥʍ

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    ...so we could all be miserable adults working jobs we hate?

    Fuck the "in demand" jobs, do what you love.
  19. MSP

    MSP Haunting a dead forum...

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    That is the mentality, and the reason you are all in this mess. Just because you got a piece of paper from a university the world doesn't owe you anything. I would like to make beer in my basement and be a scuba boat captain, but I can't make a living doing that. So I work for the man, in a field that is profitable and in demand, and then do my passion in my spare time.
  20. bigwill51534

    bigwill51534 Saint, Church of Ryanism

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    Yep. Gotta do whatever we gotta do to survive. I don't necessarily enjoy my job in the Navy, but it pays well and has it's perks. Also, doing tree work is hard as hell on a man's body. Tons of nicks/cuts/bruises, and a constant threat of falling from a tree or having some sort of very heavy, dense wood fall on us. It is fun, but I wouldn't do it professionally unless I knew I could make good money at it.

    My wife is a perfect example of what MSP is talking about. She has a degree in English, with a specialty in Creative Writing. She has no interest in writing for newspapers or writing anything nonfiction. So, she wants to earn her living being a novelist. It can be done, but isn't exactly a dependable source of income. She honestly needs me to help support her unless she somehow becomes one of the insanely low statistics that sells a very popular book.

    I want my kids to be flexible, and understand that they need to do whatever it takes to survive. My wife feels college is important, but I really don't. Everybody has a degree nowadays. I have met MANY people with degrees that have no life experience, and can barely tie their own shoes. Having a degree doesn't mean much anymore. I make money that is well above average doing not a ton of work (talking about my job with the Navy), and will have this opportunity pretty much as long as I choose to pursue it. If I get out of the Navy, I can immediately hire on doing the same thing indefinitely as a civilian employee. I managed all of this without even considering the thought of getting a degree. Also, I have done absolutely nothing that any other person in this country could do.

    ~Will Courtier~
  21. bigwill51534

    bigwill51534 Saint, Church of Ryanism

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    This sounds good in theory, but doing what we love won't always pay the bills. Every contributing member of society needs to earn a living in one way or another. Not saying to not do what you love, but you need to do whatever is needed to survive. If you are lucky and can make a good living doing what you love, more power to you. But, you have to make sure you have backup plans in place if you don't expect a reasonably high demand for your services in doing what you love.

    ~Will Courtier~
  22. Sparky

    Sparky ¿sdooɥʍ

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    Are you guys kidding? Don't break your arms patting yourselves on the back. Yeah, I got my degree in English, but that doesn't mean I sit on my ass and watch TV. I work on a farm and do masonry work with my brother to make whatever cash I can while I work on beginning my professional career. The editing jobs are out there and my resume is solid, so I know it's only a matter of time. I'm not locked into the mentality of, "I have to do x," but I know I that I want to pursue a career that's relevant to my education and experience. I'm not going to answer phones or sell bikes at Walmart with a B.A. in English.

    @BigWillyStyle: A mentality like that isn't normal for a writer. Most English/Creative Writing educated people know they can't make a living as a novellist. It's something you have to do on the side.

    Edit: Merry Christmas! :) <3
  23. MSP

    MSP Haunting a dead forum...

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    I would consider your degree to be a lot more marketable than some. You can teach, or get into technical writing, all sorts of possibilities. The people who are really screwed, and my apologies for kicking you in the ovaries yet again, are folks like Tassia. PhD level debt, in a highly specialized, competitive, and low job numbers degree. And is she working in her dream job? Nope. Adjusted for Southern California cost of living she's probably making less than I am.

    In this economy you'd be lucky to get a job at Walmart. You would think that having a degree would help in hard times like these. I mean, Walmart is getting a smart and educated worker at a bargain! But the reality? They know you don't want to be there, will bolt the first chance you get, and will be a lot more resistant to "menial" tasks. And when you are gone they'll have the expense of training someone else.

    So I like what you're doing, side jobs to supplement your dream. It's realistic, and will keep a roof over your head while you still do what you love to do. This is why I advised Tassia to pack her shit in her car and head to L.A. Taking the plunge in such a big (expensive) way and then settling for a marketing job is batshit crazy. The debt collectors can't deliver bills to your car! As time goes on and your academic experience becomes more and more outdated, the likelihood of having a real career in theater/film production becomes increasingly unlikely. Especially for girls, because would-be employers factor in the baby clock and discriminate accordingly. It's not fair, but that's life.
  24. mistawiskas

    mistawiskas kik n a and takin names

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    A lot of those bull pucky degrees can be adapted to a good career. Forget the "job description". Find a way to fit the degree into what is happening locally in your area.
    I agree that a lot of degrees were sold in the bubble that the student loan industry has become. A lot of people have a degree that won't translate to a career, but a bunch of
    hustler financiers and university presidents/staff will be sitting pretty sweet for the rest of their lives. Then this bubble will burst and our tax dollars will be summoned to
    the rescue again. (rinse and repeat)
    But I reitterate: this is not the blue collars doing this to our nation. So if you're feeling angry, pissed, frustrated at not being able to start a career after going into so much debt
    to get yourselves educated for the white collar jungle. Don't talk down about/to the blue collars, they didn't fuck you in the ass, it was your bretheren white collars that did.
  25. Commissar Smersh

    Commissar Smersh 2020 Staff Member

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    No one except you has said it was.
    Sparky says thanks for this.