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Jul - News - The Atlantic Writes A Masterpiece On Why Millenials Are The Cheapest Generation New poll - New thread - New reply
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Gabu

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Posted on 08-24-12 02:41:40 AM Link | Quote
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Posted on 08-24-12 04:14:09 AM Link | Quote
Of course we're cheap.

If you want to change that, how about throwing some more money our way? We don't have a choice in the matter really.

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Posted on 08-24-12 04:17:02 AM Link | Quote
Prices on everything has increased, getting a job is difficult for people with university level qualifications and after getting said qualifications, we get shafted by student loans.

Gee, no wonder we don't buy stuff. I have to ask my mum if I can borrow money for a night out.

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Posted on 08-25-12 12:01:28 AM Link | Quote



Jobs are really hard to come by as well nowadays. It use to be the case where only one parent would work to both support the family for the week and save up for a holiday or something nice. Nowadays it's at least two people working just to support themselves for the week. Extra luxuries like a good car and even petrol can be a real pain which is what is stopping people from buying it.

We're not cheap, the world around us is getting more expensive!

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It's hard enough just trying to survive, fancy cars and doodads aren't gonna help me any. If they want me to spend, they could try not making it require so much work to live.

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Posted on 08-26-12 04:54:55 AM (last edited by krutomisi at 08-26-12 05:00:21 AM) Link | Quote

I could have sworn that
millenials were generation z and not y

e: wait why are people saying 'fu' to the article,

it's not bad it just uses a lot of words
to say we don't care about cars anymore

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Posted on 08-26-12 06:26:16 AM (last edited by Stigandr at 08-26-12 06:34:27 AM) Link | Quote
Originally posted by krutomisi

e: wait why are people saying 'fu' to the article,

it's not bad it just uses a lot of words
to say we don't care about cars anymore

Because it seems to be written from the perspective of people who want us to buy more shit. Which we can't afford. At least in the first part of it, which As You Know is about all most people read.

(admittedly, it's about the same for me, read the first part, skimmed the rest.)

I imagine a lot of people are also tired of being called irresponsible when they do buy something, and then seeing articles bitching about them not spending enough.

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Posted on 08-26-12 06:23:57 PM Link | Quote
True. We younger folk are caught in the double bind of being expected to buy a car, buy a home, and all that stuff, but are also told to avoid debt at all costs. What it comes down to are those who avoid owning a car and home and instead rely on public transportation (or bikes), rent an apartment with one or two other people, and live comfortably in the city, but are then told how immature we are and that we're refusing to grow up.

It's just that dude. I don't want to be sacked with car payments on top of mortgage payments on top of student loans and have to rely on several jobs just to pay those bills for the month. It just wouldn't be good to me. And even though the value of the diploma's been crashing down, it's getting more expensive and somehow more mandatory to own in order to 'become a productive member of society'. There's no doubt that a lot of hi-tech jobs in medicine WILL need a diploma, and I'd rather my doctor have one, but when it comes to like graphic design, it takes upwards of the low 100's just to earn one, and then you're lucky just to scrape by because people think they can shortchange you. (Then again it's in my opinion that art majors should be taught more of as a trade or apprenticeship, depending on the specific major, so that when one graduates, one can theoretically put their time in school as work experience. Would probably have to be a complete overhaul of that system, and I know technically internship counts as like an apprenticeship, but yeah.)

I can't possibly live the so called "American Dream" if it's going to screw me financially for life. I'm going to have to make one for myself.

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Posted on 08-26-12 08:48:08 PM Link | Quote
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On that note, even in the high tech field I'm in, internships are valued more than a degree. So I pick up internships because in the end, the guy with no internships will never be hired despite paying a good $30,000 to $50,000 for that degree, minimum.

I think it is true--the American dream is more the American nightmare, and we as a generation aren't falling for it.

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Posted on 08-27-12 06:34:43 AM Link | Quote
I'm pretty much planning to do exactly what Metal_Man88 said. I'm finishing up my Bachelor's degree and I'm going to try my damnedest to take an internship in the field of Physics.

It's not that the Millenials are cheap, it's that we're broke as fuck.

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Posted on 08-29-12 03:21:04 AM Link | Quote
The very first comment:

You mean the generation that paid three times as much for college to enter a job market with triple the unemployment isn't interested in purchasing the assets of the generation who just blew an enormous housing bubble and kept it from popping through quantitative easing and out-and-out federal support? Curious.


Other gems:

Painful for kids to drive: You can't afford gas on minimum wage, insurance is stupid expensive, and in many states you can't drive your friends around until you're older. We did this to ourselves.


Someone actually got paid to write this two page article on something that could be written in two sentences? Those sentences are: "Millennials have low job prospects and no money and therefore can't afford to buy anything. And oh yeah, there's that whole thing about crushing student debt since we all need a higher education to get a job but higher education is obscenely expensive."

Pay me for this.


Last time I checked, you couldn't buy anything with no money.




I live in Oakland, and I see a lot of people my age (young, non-car owning, city dwellers) smashing bank windows. You may have seen my neighborhood on the news, the streets thick with tear gas and barricades on fire.

Can't really blame them. Everyone I know is in unimaginable student debt. We played by the rules, did well in school, and were told by the generation that manufactured the housing bubble that it didn't matter how much debt we took on for our education.

Now there are no jobs, and nothing in the future but threats of more crisis - economic and environmental. My entire adult life has been lived under austerity policies. We don't have the same values as generations past? No shit.

In my opinion, if unemployment doesn't get better Oakland won't be the only American city dealing with riots.


*sigh*

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Posted on 08-29-12 03:58:25 AM Link | Quote

It also varies by what degree you are going for and where you live... but overall, yes... we aren't cheap, we're broke.

Case in point:

I have a BA in History. I graduated Cum Laude... I missed Suma Cum Laude by less than a point. I am going to graduate school to get a Masters in Education. In short, I am a giant nerd and excellent student.

I work as a cashier at an independent Giant Eagle grocery store for $8/hour... and that is after two raises. That is the ONLY job I could get.

When I lived in California, I landed a job working for the city of Los Angeles. I worked in a parking booth. At a beach. Making $13/hr by the time I left... I started at $12.50. I didn't have my BA yet, so I still qualified for Pell Grants. I took 8 years to get my BA in order to avoid taking out a single student loan.... and it was worth it.

But once you have that BA or BS, you don't qualify for grants anymore. It's loans or scholarships (if you're lucky, as most are for undergrads). I started my graduate program in January... I'm already $20k in debt.



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Posted on 08-29-12 04:36:44 AM Link | Quote
Ooh, I like this one:

This article is pretty much the dumbest thing; we're not cheap, fuckers, we're broke. And it's our own country that's doing that to us. Seriously, you put your own people in staggering amounts of debt right as they get out of college, with no steady job or income flow. And then you call us cheap?

How dare you.


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Posted on 08-29-12 05:02:47 AM Link | Quote
welp

Put the phones down, we have a winner.

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Posted on 08-29-12 05:46:28 AM Link | Quote
That post actually brought my attention to the article in the first place.

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Posted on 08-29-12 11:29:24 AM Link | Quote

That was perhaps the absolute best response I have ever read.

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Posted on 08-30-12 02:24:32 AM Link | Quote
Originally posted by Xkeeper
welp

Put the phones down, we have a winner.



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Posted on 08-31-12 02:56:17 AM Link | Quote
I didn't even realize I was that mad about those things until I read that response.

The ideas there are very well put. I don't even have any student loan debt and I'm pretty mad at the implication that the recession is my fault for not spending money I don't have because I don't have a job. It's so circuitous and stupid, and smacks of scapegoat hunting.

I'm really feeling the "how dare you" line right now. Just... can't believe it.
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Posted on 08-31-12 01:21:34 PM (last edited by Metal_Man88 at 08-31-12 01:21:56 PM) Link | Quote
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Metal_Man88's Post
Next there needs to be an article that says how the generations older than the Millennials are "The Materialist Generation" explaining how their behavior damages the planet, involves vast pits of debt some of them still are in, and their place in creating and blowing up the housing and dot-com bubbles.

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Posted on 09-01-12 05:08:42 PM Link | Quote
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Jul - News - The Atlantic Writes A Masterpiece On Why Millenials Are The Cheapest Generation New poll - New thread - New reply


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