Post: #1

http://www.quickmeme.com/Old-Economy-Steven/?upcoming

Millennials attacking Boomers with an internet meme.

Maybe if they got off the meme site and back to work?

Edit: Add the Atlantic article:

http://www.theatlantic.com/business/arch...ls/276285/

Post: #2

[attachment=12392]

Awesome, I remember those days. I also was thinking the other day why can't you smoke in grocery stores anymore?? They used to run that giant mop through the isles for the butts.

Post: #3

Now, had he graduated in 1969, it's a different story.

Yes, wages of high school grads peaked around 1970. Education and health care costs have risen. So a 1969 grad could indeed have finished high school and afforded college or a house and plenty of gasoline.

But returns to education have been good, flights have been deregulated, and computers are cheaper. A STEM college graduate is richer today, and has cheap international travel and free internet porn on his cellphone.

Post: #4

So employers are complaining about no quality workers during high unemployment. Am I missing something or are the workers just incapable of doing what needs to be done?

Post: #5

It's as simple as this. When we start building the shit we buy everyone will have a job. You may not want these jobs though.

I have an idea to fix the economy here...

Take products we use here and pull from a hat then restrict import of them and the parts to make them. Let's say cell phones got pulled. All the circuitry and assembly would have to be done here. But, would you want to do that work even at 18 an hour?

Post: #6

(05-31-2013 08:46 AM)el mechanico Wrote:  It's as simple as this. When we start building the shit we buy everyone will have a job. You may not want these jobs though.

I have an idea to fix the economy here...

Take products we use here and pull from a hat then restrict import of them and the parts to make them. Let's say cell phones got pulled. All the circuitry and assembly would have to be done here. But, would you want to do that work even at 18 an hour?

Pat Buchanan advocates something similar. He suggests a tradeoff for business - end the corporate income tax and institute a 10% tariff, which he claims would be revenue neutral:

"First, every U.S. corporation that had moved abroad in search of lower taxes in recent years would start thinking about coming home and bringing its production and its jobs back to America.

Second, that $2 trillion in income U.S. companies have stashed abroad would come roaring back into U.S. institutions.

Third, foreign companies would begin to relocate and produce here in America, both to get around the tariff and pay no taxes."

http://www.theamericanconservative.com/w...ncome-tax/

Of course, this will also make so much of what we buy much more expensive. But considering the fact the American economy is going to shit while semi-employed 30 year olds live in their parents basements fooling around on their iPhones, it might be a good tradeoff.

Post: #7

Just looked at the stats for the UK. In real terms (ie adjusted for inflation) - house prices have doubled since 1970. That is pretty bad - but not as dramatic as alot of people think.

Anyway - a Conservative MP wrote a book on this issue which might be of interest:

http://www.amazon.co.uk/Pinch-Boomers-Ch...1848872321

And - one of my favourite bloggers had an interesting take (as always) on this whole issue the other day:

http://www.jamesaltucher.com/2013/05/why-do-anything/

Post: #8

HAHA I was visiting some old family friends the other day and learned at 19 years old, the guy bought a house that him and my dad lived for 25 thousand dollars.

Post: #9

(05-31-2013 08:39 AM)JimNortonFan Wrote:  So employers are complaining about no quality workers during high unemployment. Am I missing something or are the workers just incapable of doing what needs to be done?

Read the want ads for a laugh.

Employers are becoming like entitled American women.

I saw an ad demanding a lawyer with 5 years of experience, trials under his belt, a great legal writer (it's rare for a trial lawyer to be even a decent legal writer)...for $20 an hour.

Of course no one with those credentials would take that job. The only people who'd take that job are young guys who are hungry to prove their worth or older guys with no options.

But the guy doesn't want to hire a young person who is hungry and train him. The guy who wrote that ad wants a top lawyer to take substandard pay. (Sorta how every 40 year old woman expects an alpha male to sweep her off her feet.)

I'm sure that guy who wrote the ad is bitching that no one wants to work hard these days.

Post: #10

More pretty funny memes on the same theme posted in this thread: /thread-16823.html

Post: #11

Apparently this is a reaction to a Time magazine cover in May 2013
Although according to magazines, every generation is the Me Me Me Generation.

Post: #12

Even though I'm technically a millenial, I hate both of these generations. Boomers were born into an era of economic prosperity (postwar era) where traditional values but more economic equality made America heaven on earth. What do they do? They bitch and moan about conformity, embrase cultural marxism, and turn against the very society that gave them a comfortable life. Then, when they are grow up (sort of), in the 1980s, they get greedy, turning America into a Randian post industrial society, where economic insecurity replaces the technostructure, and men become less and less economically viable. At the same time, somehow, they embrase big government, so instead of starving the beast (cut taxes to cut spending), they just cut taxes. So now its 2013, $16 trillion in debt, fed running out of ink, but with makework and welfare for the protected classes of cultural marxism.

My generation, the millenials (or generation Why!!?) are born into this post industrial post America, think that up and down and men are women, borrow $80,000 to get a Doctorate in Sociology, and expect society to give them a free ride, except that the society that says fuck you lazy bums is ran by the materialist boomers. So, in an act of cognitive dissodence, they keep telling the millenials how special they are (what they've done since they were born), while at the same time telling Gen Xers they are lazy bums. its like the old and the young against the middle aged.

No, Time magazine, millenials will not save us all, they are too busy tweeting about the evils of capitalism on their iphones waiting for starbucks before they go buy some Hollister at Tysons corner.