/biz/ - Business & Finance

[Anonymous No.384608]

why /biz/ hates baby boomers?

Seen a few posts despising them.

[Anonymous No.384611]

Scapegoats for their unemployment or underemployment.

[Anonymous No.384617]

>>384611
>it's always their own fault XDDD :DDDDD

Boomers lived the life and left the bill for the next generation.

[Anonymous No.384618]

>>384617
in whic ways? examples?

[Anonymous No.384621]

>>384618
they lived it up in the free market system then went full socialism so they could retire in peace

[Anonymous No.384628]

They took the income and tax revenue from a thriving post war economy and poured it all into social programs that, while not a bad idea in and of themselves, they allowed politicians to loot from and write ious to. Subsequently they ran up the national deficit, racked up massive debt, kept voting in shitty politicians who would keep robbing or borrowing against the treasury, and have left our generation in a position to pay it all back.

[Anonymous No.384632]

>>384628
shit, they stole our future... and also blame us for everything

[Anonymous No.384635]

>>384618

Since becoming the dominant spenders in the economy in the 1980's, boomers have chosen to hugely lever up their personal finances and the government. From 1980 to 2008, they doubled household debt as a share of GDP from 45% to 90%, and then also ran up the governmental debt as a fraction of GDP from 30% to 60%. When the bill came due, they chose to pay their bills by essentially forcing the government to assume them through QE (defined as the exchange of government debt in the form of T-bills and cash for mortgage-backed securities)- that decline in household debt at the end is perfectly matched by the increased rate of growth of government debt.

While this has in effect allowed them to refinance their debt at 0.25% instead of 4-5%, it hasn't fixed shit. They've forced literally decades of slow growth and economic stagnation as future generations struggle to pay down their debt and restore the economy to a functioning state.

Furthermore, they then had the gall to blame the crisis on the young- millenials are "lazy" (they're unemploed following a once-in-a-century financial panic and economic crisis), "entitled" (expect they will be compensated fairly for their marginal production), "ungrateful" (for being justifiably angry at the people that fucked them over), and so on. There'd be much less hate if the BB's could muster up the shred of decency required to issue a generational "mea culpa" instead of trying to pass the buck.

[Anonymous No.384636]

>>384608
>they are assholes to work for
>think the world revolves around them
>never retire
>collect SS
>have fat ass pensions paid by the rest of us
>don't give a shit about anyone but themselves
>spend money on shit

Shall I go on?

[Anonymous No.384657]

It's a PC scapegoat for underagers on the internet. 'Baby-boomers' don't lurk the forums that
blame them, so there's no defense.

[Anonymous No.384666]

>>384657
>BIDF

Well you're here.

[Anonymous No.384669]

>>384635
>>384636

So it's kind of a global generational "Fuck you children, I'll kill the planet and die with a clean consciousness because I'll blame you"

Well , those are good reasons to hate them...

>>384657
>>384666

So these guys are either baby-boomers or conservative dumbfucks?

[Anonymous No.384671]

>>384669
>So these guys are either baby-boomers or conservative dumbfucks?

No. >>384657 is bait. >>384666 is me responding. No boomers browse here (or extremely rare).

[Anonymous No.384677]

>>384671
sorry, missread from my part.

Trolls trolling trolls I guess

[Anonymous No.384692]

>>384657
Confirmed for baby boomer.

[Anonymous No.384700]

>>384608

They're the /biz/ version of the jews, a collective scapegoat for economic trends. It's implied that boomers got together as a group and willfully decided to push the economy in certain directions. But economic trends don't work like that. Individuals don't make them happen, they move like tectonic plates and it's too hard to see what's happening until afterwards.

[Anonymous No.384713]

>>384628
Dude the age to vote is 18. We keep voting in those same politicians

[Anonymous No.384723]

>>384713

Most of them were in office before we were born, and less than 1/4 of 18-25 year olds vote. We aren't even a big part of the electorate.

[Anonymous No.384753]

>>384700

Trends are made up of individual actions. For something to have trended towards something, at some point a large segment of the baby boom generation had to have decided it makes sense for them to make a move towards something. Trends move like tectonic plates and it's hard to see what's happening because we don't have a telepathic link to each other and so we as a species explicitly don't know what's going on in each other's heads.

As a generation, the Baby Boomers largely left their financial state of affairs to qualified professionals, the state, or a mix of the two. The reaction towards that was that the state ballooned out of control, as did the financial services industry. Neither sector is well-noted for their transparency and lack of greed. It does not take a genius to extrapolate what happens when you leave an ever-growing sack of money in the same room with people whose job it is to enrich themselves and their clients/representatives, in that order.

The Boomers got robbed fucking blind, and now they can't afford to quit their jobs and as retirees they rely on both social security and family aid to keep them solvent, essentially double-dipping on their children's finances.

[Anonymous No.384929]

>>384636
>$15 trillion

more like $21 trillion after Odumbo has been in office.

[Anonymous No.384930]

They need to fucking retire or keel over and die

[Anonymous No.384933]

>>384635

>Furthermore, they then had the gall to blame the crisis on the young- millenials are "lazy

things that never happened

[Anonymous No.384935]

>>384700

/thread

[Anonymous No.384987]

>>384632
Your future is up to you.
Nobody gives anybody shit.
We earned ours, now it's your turn.
Except you don't seem to be motivated to move out of your parents house, though.
The world is yours if you will only take it.

[Anonymous No.384990]

>>384635
>once-in-a-century financial panic
No, it was worse under Carter. I was there

[Anonymous No.384992]

>>384723
Good excuse

[Anonymous No.385027]

>>384990

You talkin bout stagflation? I'm told that it was worse.

[Anonymous No.385035]

>>384987
Easy for you to say, things flourished when baby boomers were our age, but that was then and this is now. Save that talk to boomers, fix the mess they created, footing us with the bill. Classic dine and dash.

[Anonymous No.385040]

>>384933
>>384935
>>384987
>>384990
>>384992
>>385027
>all this samefagging
The boomer's faggotry is unanimously understood

[Anonymous No.385048]

>>384990

>muh carter

Boomer pls go. Your generation's irrational fear of any amount of inflation beyond 1-2% is one of the things stopping us from fixing the mess you got us into.

[Anonymous No.385052]

>>385048

There's nothing irrational about it. When I was your age a bushel of money cost a nickel, and that's how it should stay.

[Anonymous No.385055]

>>385052
The point is whether or not the inflation is intelligently controlled, since inflation is a necessity, but either "good" or "bad" inflation is not compulsory. Boomers just had shit tier intelligent control.

[Anonymous No.385056]

Just scapegoats for NEETs who grew up playing videogames and are chronic masturbators with no social skills, no motivation and no sense of work ethic. These people grew up getting everything they demanded from their parents and now they go out there and they DEMAND jobs, they demand to be given good lives, cars, women, etc just because the special snowflake considers himself smart and everyone else is stupid, they think they are entitled to have good lives and decide to blame everything on the older generations that actually had talent, skills and education to succeed.

You usually see subhumans from /pol/ with the whole anti-boomer rhetoric for a reason

[Anonymous No.385059]

>>385056
>what is bait, for 100 alex.

[Canaduhfag. No.385061]

>>385059
It's not bait dumbass, it's true.
You want something, go out and work for it. People these days expect to have everything handed to them. University does not guarantee a job.

[Anonymous No.385065]

>>385061
You're straw-manning pretty hard there tiger.
>If you want something, go out and work for it
They're blaming the boomers for the increased difficulty for getting what they want, and therefore how much they have to work to get it, if they do at all.
>current generation expects everything handed to them
"Tough luck kids, stop being pussies about our mistakes". Classic Boomer.
>University does not guarantee a job
They did, within reason, in the past. But now that the game has changed, in large part because of the boomers, not anymore.

Where you think current generations are almost parasitic, they think you were for the future. I doubt either or you are entirely right, but in certain regards you're both right.

[Anonymous No.385068]

>>384608
The "progressive" boomers outsourced every single industry they could from the western world to the lowest bidden. The dummy/patriotic boomers got thrown to the scrapheap (yes I recognize boombers aren't one group). However, as a group the boomers never thought past maximizing their own amount of stuff. It was all about getting more and more shit for them - 2nd/3rd house, 3rd/4th car, boat, etc... Funny how quickly those boats disappeared in 2008, the boomers were living on borrowed time. The problem now is that gen X only learned to get ahead by sucking on boomer dick. The only hope for the better future is with Millenials.

[Anonymous No.385073]

>>385068
>the boomers never thought past maximizing their own amount of stuff

I suppose you have some loftier goal.

[Anonymous No.385074]

>>385061
Boomer please. I recall my physics teacher with a degree in Geology boast that back when he graduated the employees came to them, and he was hired on the spot (with lots of choice to pick from). A degree was the holy grail back then, the major didn't matter. There was real training back then. The only training that exists now is for retards to train their Indian HB1 replacements.

[Anonymous No.385080]

>>385073
It might shock you, but I do have some loftier goals that don't involve McMansions stuffed to the brim with Chinese shit, most of it hardly ever used. Heck I can't recall a major purchase I made that was made in China. I bought my floor mats from weather tech, instead of some cheap shit boomers love to advertise on the population.

[Anonymous No.385081]

>>385048
Their irrational fear was NOT irrational to them.
They lived through the hyperinflation of the 70's.
They saw the hyperinflation in Germany prior to WW2.
They were children of the "greatest generation", the ones that lived through the great depression, and so their thinking is quite understandable in context.

Likewise, today I think you're seeing trends come out of the millenials that will define our generation. A distrust of institutions, because corporations will fuck you, and governments won't listen to you. A more frugal nature, because salaries won't rise, and debt permanently kneecaps you. A trend towards minimalism, Tiny Houses, and other side effects.

>>384700
They didn't plan the fucked up shit they did, as another anon said, they still contribute to the "trend" of being a shitty fucking generation fucking us all.

[Anonymous No.385082]

>>385080

Your goals are to make as much money as possible. You're not trying to plan things for future generations. If things turn out badly for them, they'll blame you for not anticipating it just as much as you are blaming boomers.

[Anonymous No.385083]

>>385073
A ton of millenials I talk to really want to start businesses but don't have the capital

Most boomers just got a degree and sucked corporate dick while leaving their portfolios to massive financial service companies .

So yeah, millenials have loftier goals from the outset and end up jaded due to the pile of shit they've been left with.

[Anonymous No.385084]

>>385082
>Boomers, they just don't get it.

[Anonymous No.385088]

>>385082
>it's about me, not we
>it's about now, not then
>it's about usability, not sustainability
>>385084
this

Though Boomers are a big part if not most of the cause to the effects we're all experiencing today, they themselves are an effect of the "american mentality" then, and still now of "Me, Now, Want=Need" etc. The game pieces changes by generation to generation, but it's the rules that should change. If any of us were in their position then most of us would have fallen into their hedonistic short sighted (in regards to greater humanity) and selfish trap as well.

[Anonymous No.385097]

>>385061
>University does not guarantee a job
Except it did at one point. And you didn't even have to do that well at it. My dad had the best average out of all his boomer friends, only about an ~80 cumulative, and employers were all contacting HIM on graduation. Most of the others got through with cumulative averages in the 65-70 range and were easily able to land jobs at the chartered banks or various top accounting firms. I knew one guy with a 64 cumulative average in university who even managed to get a position with Arthur Andersen. He got gassed for underperforming in the 1991 recession, but the fact that he was able to get into one of the big firms with such shit marks and absolutely no connections is nothing short of astounding. Today, not even your local one-man CA shop would look at someone with such terrible academics.

Now, I'm not the least bit envious of this, because ultimately it can't be helped. But what pisses me off is having boomers who are indeed less capable than I am from a technical standpoint telling me to go out and "get a job", despite the fact that they would be completely wrecked in today's labour market with the same credentials they graduated with.

[Anonymous No.385105]

>ITT: worthless 18-30 year olds blame others for their failures.

>I don't know why anyone won't hire me. I am a young 29 years old with no job experience and no education after high school. I literally spend every day in my parents' basement watching anime, masturbating to My Little Ponies and posting on 4chan. I have no friends or connections. I have no marketable skills. I have no ambition.
>It's the baby boomers' fault.

[Anonymous No.385106]

>>385105
>everyone in the current job market is from 4chan

[Anonymous No.385109]

>>385105
This type of boomer attitude is exactly what I'm talking about. Utter denial. The dude didn't even read the thread, getting input from real millennial. Im giving my personal example of buying as little Chinese shit as possible, hence helping keep the jobs here, the jobs that boomers outsourced or were outsourced with their complicity. But no, we got to resort to basement stereotypes.

[Anonymous No.385111]

>>385081
>They lived through the hyperinflation of the 70's.

This is what I mean. During the entirety of the 1970's, the price level increased by 105%. That corresponds to a average annual inflation rate of a little under 7.5%. That's not exactly pleasant, especially if you hold a lot of nominal bonds, but Jesus H. Christ it's not the end of the world and it's not hyperinflation. Median real wages continued to grow through the decades, and the stock market ended the decade up by 5% in real terms. Real GDP grew 40% over the decade, and corporate profits tripled.

But because, Boomers are retarded and have no sense of economic perspective, they though that the 70's, something the data indicates represented a minor economic slowdown and slight inflation was some kind of Mad-max style hellscape brought on by Keynsian Marxist homosexuals that was like the Great Depression times WWII squared plus the Holocaust, and now their irrational fear is actually causing serious damage to the global (not just the US!) economy as hysteresis sets in and we're permanently shifted to a lower growth path.

[Anonymous No.385114]

>>385105
>26 years old
>75k/year job
>net worth >100k
>no degree
>fuck bronies.

Yup. Exactly as you say.

[Anonymous No.385119]

>>385111
Yes, but what does it take to push the needle on inflation from ~7%, to 20%?

Just as deflation of .5% should be extremely worrisome, inflation of greater than our targetted ~2-3% rate should be very worrisome.

[Anonymous No.385120]

>>385109
Nigga, if you had marketable skills and aren't a complete autist, you'd get a job.

Maybe not the $100k/year job your mommy said you'd get when you grew up, but you'd get a solid job.

You basement dweller act like it's impossible to get work, but in reality it's not. The only people who can't get a job after a while are those without skills and those who act like niggers/wiggers. Which one are you?

[Anonymous No.385121]

>>385109

>the jobs that boomers outsourced

I don't think you can really blame boomers as a whole for that. Those decisions were made at a high level by relatively few people.

It seems that you're simply butthurt that the the 1960s was a boom time for the US, and that booms don't last for ever.

[Anonymous No.385123]

>>385111

Yeah if only they'd been able to see the future and see that the inflation wouldn't blow up.

[Anonymous No.385132]

>>384611

Most boomers wouldn't survive in today's job market. Back then, HS Diplomas and 2.5 GPAs got you jobs and entry level positions didn't require experience.

[Anonymous No.385144]

>>385121

Who were voted into office by, or were not thrown out of their executive position by boomers. Really, the thing that galls me isn't that they got to live in a boom or that I get to live in a bust, it's that I live in a bust, but Boomers still act like we're living in a boom. The utter encapsulation is what astounds me. My dad earnestly wonders why I spend my weekends cooped up doing khanacademy or codeacademy or training myself in skills, and why I'm not out partying and spending money on myself and friends. I've literally sat down and told him every two months or so that I don't have that sort of money, I can barely afford gas money to commute with, let alone going-out money.

But every two months he'll look at me as I'm puzzling through something on youtube and he'll look at the clock and he'll ask me, "Son, why are you in here on a Friday/Saturday night?"

[Anonymous No.385149]

>>385144

Outsourcing is decided by company executives, not Richard Nixon. You don't get to vote of CEOs.

[Anonymous No.385150]

>>385144

Jesus, you're completely and utterly retarded and pathetic.

[Anonymous No.385154]

>>385149

The Federal government has the authority to lay tariffs on imports, though. Outsourcing becomes a lot less attractive if you have to pay a 50% levy every time you want to import something to sell domestically.

[Anonymous No.385158]

>>385154

These NEETs are hilarious

[Anonymous No.385163]

>>385158
>>385150
www.4chan.org/b

[Anonymous No.385166]

>>385120
Fuck off boomer swine.

[Anonymous No.385179]

>>385121

BIDF detected.

[Anonymous No.385376]

>>384608
Damn, this guy is so stupid it hurts. Reading through his other posts in the thread makes me think he is literally mentally challenged.

[Anonymous No.385648]

>>385084
Sure we "get" it. What you don't seem to "get" is that there is no generalist theme to what has happened in the last 20 years and blaming those older folks rings just as hollow as the boomers who blamed their tenuous situations on their parent's alcoholism, poverty, lack of opportunities or whatever.

There is nothing to be gained by trashing the previous generation. We did the best with what we were given and the me-first attitude that is prevalent today in the boomers is just as prevalent in the younger generations.

All this hate just fosters more inaction. It is so much easier to moan and whine while living in your parent's basement than to actually make sacrifices. There is nothing done that is anything worse than what was done in previous generations (World War 1 and 2 anyone?).

As far as I'm concerned, the world now is in way better condition than it was 20 or 40 years ago. Sorry if we can't make it into Utopia for you.

[Anonymous No.385682]

>>385648

>As far as I'm concerned, the world now is in way better condition than it was 20 or 40 years ago.

That's because for you, it almost certainly has. Wealth formation has grown by leaps and bounds for the older generations. See attached picture.

>Sorry if we can't make it into Utopia for you.

My expectations are much, much lower than that. I'd be thrilled, giddy even, over any growth in wealth at all.

[Anonymous No.385744]

>>385105

Fuck you boomer I played it smart and got a government job! Millennials are going to be running the government in a few years while you scrubs retire.

[Anonymous No.385839]

There is some unrealistic, sort of rose-colored glasses when it comes to looking back at the boomer's early years in the workforce. If you were a highschool graduate in the country trying to support a wife and two kids on a factory job, you were still poor as hell and unhappy, much as you'd expect today. Now, much of the resent we see in today's crop of graduate jobseekers is due to their (boomer) parents advice of going about their education and careers in much the same way as they themselves did back in the day. In their time, a college degree was a golden ticket to a secure and well-paying job, unlike today where it's more a case of fifty men fighting over a grain of rice, with the market stacked so much in the employer's favor that he can impose most any terms he likes upon the jobseeker, knowing the market won't give the hopeful young person any other economic opportunities. this has manifested itself in the form of unpaid internships, experience required for entry-level positions, low wages with high workloads and little or irregular vacation time, with not much the new crop of workers can do about it.

I think many of the successful boomers we see today were in fact pretty hardworking people in their day and I don't blame them for going into pseudo-retirement, with some cushy consultancy position, that essentially allows them to lecture middle-management, due to their 30+ years of experience, for $150k a year or more. I'd probably do the same thing in their shoes. I wouldn't be at all surprised if our grandchildren are going into college and we just suddenly unload decades of economic frustration and let-down onto them, with some tirade about how 'Back in the 2010's we worked fer a livin'! Six months unpaid internships, with all muh student loans! You spoiled kids just walk into a job, fresh outta college - you know we hadda pay for that shit back in muh day? Yeah, that's right, no free education after highschool; Wanna be a doctor? $60,000!

You'll see...

[Anonymous No.385856]

>>385061

>this faggot again

Canaduhfag please leave /biz/. You're the faggot who always throws a shit-fit in wageslave threads about how heroic everyone is to land a job.

You're a fucking canuck faggot retard. Nobody gives a fuck what you think. As heroic as you think having a dayjob is you have no clue how hard it is to land one in the U.S.

So please, just go shut the fuck and get b&

[Anonymous No.385858]

>>385061

>this namefag faggot again

Canaduhfag please leave /biz/. You're the faggot who always throws a shit-fit in wageslave threads about how heroic everyone is to land a job.

You're a fucking canuck faggot retard. Nobody gives a fuck what you think. As heroic as you think having a dayjob is you have no clue how hard it is to land one in the U.S.

So please, just go shut the fuck up and get b&

[Anonymous No.385874]

>>385068
>The "progressive" boomers outsourced every single industry they could from the western world to the lowest bidden.

I have seen this with my own eyes.

I have also seen how younger guys in startups and companies generally despise outsourced workers (because we know better) and we always hire local. Younger people care more about their community.

Every boomer I've worked for was a selfish cunt in massive debt and yes, they all outsource whenever possible without the slightest hint of guilt. They'll even outsource a job you are working on right in front of you, because they don't want to pay an actual wage to an American.

I've seen it not once but three times that I can recall. All of these guys had millions of dollars (although they were still technically in debt), new cars, big homes, wife and kids were spoiled, but they treat their employees like shit and they give jobs to Indians.

>>385083
>A ton of millenials I talk to really want to start businesses but don't have the capital
>Most boomers just got a degree and sucked corporate dick

I have also seen this firsthand and had this explained to me by boomer bosses themselves. They all did the following

>graduate HS
>go to the military
>get a degree in college
>immediate high paying job
>save money from that job, start business
>get grants and loans and favors out the fucking ass while doing business good-old-boy style, drinking with bosses, fucking prostitutes with eachother, blackmailing, being blackmailed etc
>take easy work, government contracts, work from other rich people, work from snakes (rich people who didn't earn a dime of it), do 'favors' left and right - make the kids working in the company do said favors, make the kids working in said company lie for them

Seen it all.

Have yet to see a single young person in my field behave like the above. Not a single fucking one. Although those who are most successful have tons of debt. Wonder who they learned that from?

[Anonymous No.385885]

>>385120
>Nigga, if you had marketable skills and aren't a complete autist, you'd get a job.

True, but if you work for a boomer, the job is shit to begin with. I wish one of them had proven me wrong over the years, I've had many jobs, good positions, all ruined because a boomer was at the helm. The best jobs I had were managed by slightly younger men, late 30s early 40s. Once they're over 45 apparently it's all downhill. Must be the midlife crisis.

>Maybe not the $100k/year job your mommy said you'd get when you grew up, but you'd get a solid job.

Nah, no such thing as a "solid job" that pays sub 100k/year. Shut the fuck up. It's either you work for 20k/year or nothing, lately. Meanwhile we are all suffocating one another with massive competition over the actual "solid jobs" that pay more than 80k/year (in my area).

Boomers are in a daze, some kind of twilight zone where they don't really accept the prices of groceries and gas, they want us to pretend we should be able to afford rent, food, gas, and still manage a life with some meager possessions on money that can hardly afford it. Fuck'em.

[Anonymous No.385891]

>>385839
>American factory workers
>poor

You have no idea what you're talking about.

[Anonymous No.385906]

>>385839
>If you were a highschool graduate in the country trying to support a wife and two kids on a factory job, you were still poor as hell and unhappy, much as you'd expect today.

Wah wah, more of the same. We cannot even afford to have wives. We cannot even afford to have children. We cannot afford a house to procure either of those things. This is what boomers don't get.

>lul like you get wives in the basement

I've let go of more girls and relationships than I can remember because of money. I could have the life now, the wife and kids if I wanted - but how? Everyone is a cheap cunt, especially the boomers, and you're lucky to even be hired by them. The guys my age I do see trying to make ends meet are in a dead end rut all the way. There are no vacations, there are no promotions, we don't fucking get the deal boomers did. Period. Everywhere we go our baby boomer employers remind us "I have 50 other men who want this job".

A single job now is a literal lifeline that you might only land once in a couple years. In the boomer era, they could walk the fucking street looking for work.


Boomers lived in a dreamworld that they haven't let go of, and now they want to claim it wasn't all that great. Oh really, having some responsibility as a man wasn't easy? Wasn't great?

We aren't even being given a chance.

[Anonymous No.385918]

>>385891
The chemical plant guys were solidly middle class but the factory people were flat broke if they had kids. It was not a wealthy field, union or not.

[Anonymous No.385927]

>>385906
Yes, yes. I mentioned that bit. I anticipated your frustrated tirade two generation early, though. I highly doubt you'll see any kind of equitable correction after their die-off in 10-20 years. With technology eliminating most unskilled labor and a growing population, by birth or import, competition will stay high, wages will stay low; the cards are solidly stacked in the employer's favor. I'm personally looking to jump ship to greener pastures down under (inb4 fowf, 6'2, blonde/blue, not a wog). I think seeing these fortunate, stubborn old-timers as the ultimate enemy is naive in the sense that, you discount your fellows capitalizing on our collective economic woes, in the same way the boomers have, with perhaps a little less condescension. I really can't see life getting any better in out time.

[Anonymous No.385953]

>>385927

I don't see things getting better for us as a whole either. Only a minority of us will "succeed" or have any semblance of a life.

I may have some for myself hope in my skills and career, I have experience, in a good industry which is growing - but I have to fight tooth and nail.

When I look at other guys in my generation, especially blue collars - I despair for them. They are fighting tooth and nail for even less money and the competition is 10x heavier. And above all of them, each and every single one, is a baby boomer who doesn't see why his men can't "get their shit together" on $10/hr.

[Anonymous No.385980]

>>385927

Are you kidding me? The world's about to shed a billion people over the next 30 years, at a time when nationalism is beginning to re-emerge globally and the world capital markets are looking more unstable than ever. Certain labor markets already are dying for new workers, not because nobody wants to do those jobs but because there's a fundamental disconnect between what the employers want (workers who can move to where the work is and who are certified in basic tradeskills) and what the workforce can provide (how is an age group with an average net worth of 4,000 dollars supposed to own a car and get certified?

[Anonymous No.385989]

massive generalizations the thread

[Anonymous No.385998]

>>385980
You certainly have a point with the economic disconnect between workers means and employer's needs. However, I've mostly seen this apply to imported Indian and east Asian workers in the technology sector, you know, yanking some guy for a year to the states and expecting him to float his own apartment and everything for the first couple months without proper employment. I don't see western companies doing that to their interns, unless they're oil guys. They will play on the hopes and dreams of young people, milking them for six months of unpaid work, on an insulting $500 expense allowance.

[Anonymous No.386000]

>>385874

man this is quite a ravaged buttblast

[Anonymous No.386008]

My grandad dropped out of 8th grade. I'm a college graduate. He had the same low skilled labor job most of his life and he makes more than me just from his private employer pension. That's not even counting the social security checks.

[Anonymous No.386016]

>>384608
I am jealous of baby boomers because they lived in laughably easy economic times. You guys should talk to the older folks in your family, when it comes to jobs, it's like they lived in a different universe. My mother would quit decent paying jobs because she literally wouldn't feel like getting out of bed in the morning, just on a whim basically and she would get a new job within a week. She says her parents had it even easier than her.

[Anonymous No.386019]

>>385998

Both actions stem from the same basic issue though: Employers don't want to pay to train employees, and employees simply don't have their own capital, so they can't up and leave to find a job, nor can they easily get to places. This generation has to be the least mobile in at least 50 years, maybe even a century.

[Anonymous No.386028]

>>386019
and people wonder why we're not buying houses, getting married, tethering ourselves to one town or another. Whether I'm twenty or forty, I don't see myself in the same dwelling for more than five years at a time in this economic climate, does anyone else?

[Anonymous No.386047]

>>386028
I'd blame the student loan bubble before the boomers. people have shackled themselves to tens of thousands of dollars in debt for degrees which are by an large worthless because the incentive was "go to school, get free money (that you'll have to pay back over re next 30 years)"

That, and corporate structure has reached a point where we pay contractors for ineficiency.

The housing spook is an after affect if the housing crash in 08. Half the damn country watched their money get transferred transferred to the banks in some form or other.

Marriage though, that's just a symptom of our culture and the nature of gender roles. More women have jobs, which means they don't need no man, which means more divorce, which means more kids growing up and seeing divorce as a good "get out of marriage" card, or, leading to the logical conclusion, "why get married at all if we're going to call it after 7 years?"

[Anonymous No.386051]

>>386047
You are a very wise man

[Anonymous No.386071]

>>386047
>I'd blame the student loan bubble before the boomers. people have shackled themselves to tens of thousands of dollars in debt for degrees which are by an large worthless because the incentive was "go to school, get free money (that you'll have to pay back over re next 30 years)"

Can you really blame the students for doing what they've been told, their entire lives, by people they look up to, family and friends. Stay in school is boilerplate boomer advice.

[Anonymous No.386080]

>>385081
>>Likewise, today I think you're seeing trends come out of the millenials that will define our generation. A distrust of institutions, because corporations will fuck you, and governments won't listen to you. A more frugal nature, because salaries won't rise, and debt permanently kneecaps you. A trend towards minimalism, Tiny Houses, and other side effects.

I definitely agree with you on this point. Most millenials I know don't even dare to dream of second houses or cars, besides the obnoxious ones who grew up wealthy.

[Anonymous No.386083]

>>385105
This isn't about NEETS. I go to a great public university and there are some really smart, hard working kids who still have to fight tooth and nail for grad school/med school/law school spots and aren't guaranteed anything.
Meanwhile worthless Baby Boomers are STILL taking up employments spots in virtually every industry, and if they had applied for those same jobs today they'd be laughed at.
Millenials have had to fight the most to gain the least out of any of America's modern generations. If you can't see that you aren't connected to reality at all.

[Anonymous No.386084]

>>385918
Hahahahhahhhahahhahahahahahahaha
ahahaahahahaahahaahahahah oh my goodness

The baby boomers got the best of the union years in nearly every manufacturing/processing field.. Especially in the automotive sector.

The average worker in Detroit made (and still makes) comfortable money.

>Firsthand experience

When we came here my dad worked the Chrysler line part-time for 7 years; my mom worked part-time in plastics.

Both of them made well over 50k/year without putting in more than 30 hours a week, literally twice what they made in academia.

Point being is that you have no clue what you're saying. Factory work is brutal, but under unions (and even in many cases without), your average worker is more than well compensated. Profitable, easy-to-find work in manufacturing is the reason why most of the boomers are even wealthy.

[Anonymous No.386094]

>>386071
Everyone is ultimately responsible for their own choices. You don't choose to have the boomers gut the safety net with an exclusion for themselves. You do choose to go school and get a worthless degree.

If you can't make your own decisions, go kill yourself.

[Anonymous No.386098]

>>386071
>Stay in school is boilerplate boomer advice.

When boomers said "school" they literally meant "school", as in high school. Most of them never went to university anyway.

[Anonymous No.386101]

>>385906
>Boomers lived in a dreamworld that they haven't let go of,

Seems like you live in a dreamworld you can't let go of. You desperately want it to be the 1960s and when you're forced to accept that it is, you blame the old people.

[Anonymous No.386115]

>>386084
I'd take a factory job for minimum wage. I'd take anything to get out of sales.

I hate living.

[Anonymous No.386152]

Boomers didn't earn shit, Those faggots didn't topple the Axis and save civilization.

>wealthiest, healthiest, most educated, most well-traveled generation in human history

>cripples future generations with TRILLIONS of dollars in debt and economic ruin

It's impossible to hate Boomers enough.

[Anonymous No.386158]

>>386115

Damn we're going to be know as the generation of permanent part-time salespersons and customer service reps. Do whatever you can to get a government job because that is going to be one of the few secure jobs left in the future.

[Anonymous No.386169]

>>384608
Mostly misplaced angst paired with boomer journalist writing editorials about 'lazy, entitled, spoiled millenials' when in reality the millenial generation works harder and longer hours than boomers ever did.

The state of the job market is mostly due to communications technology advancements paired with women in the workforce creating a step-jump in labor supply without consumer demand.

Also, employers have always, and will always, shy away from 18-24 year old men who live at home with very little responsibility, and so they'll call in sick just because they don't feel like going to work or being drunk or just quit the moment their feelings get hurt. Not ALL young men do that, but enough of them to deter employers from hiring them.

[Anonymous No.386202]

>>384987
The thing is self dependent thinking is actually common for Generation Y, there's a conscious shift of thinking away from State dependency towards taking things into your own hands. The problem is being self sufficient is a bit hard when the economy still stinks cost of living is so high and housing is unrealistically high for first time buyers because baby boomers mortgaged our future

[Anonymous No.386230]

Imagine you go to the restaurant with someone. You order a glass of water and the cheapest thing on the menu. The other person orders the most expensive food on the menu but not only that multiple courses too. You sit there and watch them just stuff their face and eventually they lean over by the table and puke it all up. Then they order more food and continue stuffing their face. Eventually they finish eating and order take out. You request the bill and the other person runs out of the restaurant with takeout in their hands. You're stuck with the bill which is more than you would have spent on food for yourself in months.

That's boomers.

[Anonymous No.386273]

>>385682
I run a small business and $100 is still a whole lot of money to me. Despite being relatively successful and frugal, the economic conditions just aren't available to make enough money to do more than keeping my head above water plus maybe have a bottle of cheap wine and a halfway nice dinner once a week. Savings? Health insurance? Not if I want to keep my head above water. Contrast this with the businesses I serve that are owned by people 45-60 years of age...you can see they have capital and plenty of it. I have yet to see a small business owned by someone under 35 that wasn't on a tight shoestring; if you try to stand on your own two feet and don't already have enough money to build wealth these days, you ain't fucking building wealth.

[Anonymous No.386564]

>>385105
Actually, back when baby boomers were 18-30 years old you could easily sit around and be a lazy piece of shit and still land a decent job without any qualifications, and they would train you for free. Now you can barely hope to get anything decent even with a 3.5GPA from a top 100 college and a five-figure student loan. Go fuck yourself you lazy piece of shit. You have never known and will never even have a fucking clue what real struggle is about.

[Anonymous No.387010]

Look on the bright side, our generation will get anti aging technology,they won't.

[Anonymous No.387030]

>>387010
anti-aging technology so we can live to be 120 working to foot their SS and medicare bills

[Anonymous No.387079]

Remember this thread when a thread about min wage jobs pops out, you will see people literally saying they'd rather leech off their parents as NEETs rather than working at McD's or any min wage job.

/biz/ beeing a slow as fuck board with very few posters it's only logical that these are the same people posting in the same threads.

[Anonymous No.387092]

>>387079
Why should a college educated person have to work minimum wage?

More importantly, how would a minimum wage job enhance one's career?

Boomers worked min wage when they were 14-17 years old so that they could have a few bucks to spend taking their high school sweet hearts to a drive-in movie.

Now boomers expect 23 year old college graduates to support themselves and pay off debt on a min-wage job.

[Anonymous No.387108]

>>387092
>Why should a college educated person have to work minimum wage?

You seem to believe that because you have a college education you are entitled to a high paying job no matter what. This is not how it works. There are more people with college degrees than jobs requiring college degrees therefore getting a college education doesn't guarantee you shit. It is simple supply and demand laws.

[Anonymous No.387252]

>>387108
Stop trolling, boomer.

There is a large gap between minimum wage and 'high paying job.'

And someone who has a college degree with good GPA demonstrates that they are responsible, has good time management, and is smart enough to handle more than making burgers at McDonald's or stocking shelves at Walmart.

I think that it is reasonable for a non-STEM college graduate to expect a starting salary of at least $18/hour, considering the median salary of someone with a 4-year degree is $50k.

I would consider a 'high paying' job to be one that is in the top quintile with a 4-year degree, and other than STEM grads I know of very few people who have those expectations.

[Anonymous No.388880]

>>387079
i-is this pasta?

[Anonymous No.389273]

>>387252
fuck off. There are more people with degrees than there are jobs requiring them. This devalues them. This is economics 101. Now if you want the job you have to get the next highest certification and so on and to do that you have to go into higher debt. I work in a facotry currently and 70% of the people my age (22) are there because their "degrees" haven't gotten them a job and have no choice to work one way below their capabilities and expectations. Degrees are the new highschool diploma.

[Anonymous No.389277]

>>389273
factory*

[Joker !f..YKvatBI No.389309]

>>389273
>Degrees are the new highschool diploma.

why have we came to this point?

[Anonymous No.389315]

>>389309
Largely admission entries have been widened (AA for instance), which means more people paying for a degree. So instead of turning people away for having a point negative or whatever, there's all these people who have been granted access on subpar grades.

Add to that internships being fucked in every way possible, employers thinking a degree = better employee, and voila. You've got a degree that is as useful as a HS diploma.

There are other reasons why but I believe I've hit the major points.

[Anonymous No.389361]

>>386047

5 star post

[Anonymous No.389362]

>>386071

Maybe if you have shit poorfag parents. My parents taught us the danger of debt.

[Anonymous No.389363]

>>385055

Inflation is a necessity only to those that feel the need to control it. Technology driven deflation is not a bad thing. The fact that we presently have inflation (probably understated too) in the face of modern technical progress is evidence of how badly the ptb are stealing from us.

[Anonymous No.389366]

>>386101

This. Play the game as it is today. Fuck the past.

[Anonymous No.389368]

>>386564

this is what 18 year olds really believe

[Anonymous No.389372]

As a funeral director, I rather like them. They're about to die off in droves within the next few decades and secure my future.

[Anonymous No.389394]

>>384608
they busted the unions that their parents worked for. they exported the manufacturing jobs that employed their parents. they made the cheap state colleges they went to expensive by replacing state funding with huge student loans.

they're pulling the ladder they climbed up behind them.