Data show rising dissatisfaction with economic status quo.The millennial generation is the largest demographically, and it is poised to begin taking over power as the boomers start fading.
AlterNet
Millennials and Capitalism Just Don't Mix
Emily C. Bell
I'm not over keen on these arbitrary categorisations. They are very identity politics.
ReplyDeleteHowever the attitude of the younger generation coming up to their toddlerised 'millennial' cousins is quite interesting in the round. This is a generation that has spent the last ten years with austerity alongside an older generation that whines all the time and demands attention.
Expect a backlash.
GenZ are also hitting it where the austerity is starting to be reversed as they leave childhood Neil... so they will get reinforcement as material system results are better for them...
ReplyDeleteMillenials were spoiled as children and then f-ed when they reached adulthood ... GenZ looks like they had it tougher when they were children but now will get better outcomes as they progress into adulthood...
GenZ looks like they had it tougher when they were children but now will get better outcomes as they progress into adulthood...
ReplyDeleteIf their parents are in the top quintile.
No Tom it is getting better generally with fiscal policy ... and trickle down on the way too... borders being shut...
ReplyDeleteGotta get the rates up a bit higher so the parents can retire with the increase in interest income the higher rates are going to bring and then that will create a lot of vacancies for the GenZ and maybe some Millenials who have not gone on drugs over the last 8 years of shitty policy they have had to endure...
https://qz.com/1070206/nearly-half-of-working-age-american-men-who-are-out-of-the-labor-force-are-using-painkillers-daily/
ReplyDeleteA lot of jobs in material systems require the operation of equipment and with that comes a drug test... so if they are on the drugs they cant get hired as they flunk the drug test...
I have witnessed this firsthand its a real issue... they can get jobs maybe in hospitality and retail sector ... certainly not good candidates for 'infrastructure jobs' if that is where the fiscal growth is going to be...
The continual oscillation between what is erroneously called the "free market" and socialism is no surprise given that the negative feedback on the ability of banks as a whole to create deposits, their liabilities toward the non-bank private sector, is largely a sham.
ReplyDelete