Tag: Millennial Generation

Millennials Have a Right To Be Pissed at Boomers. This Data Proves It.

Via Vice News

 

Just how badly are millennials being screwed out of wealth? Let’s take a look at the data.

The Federal Reserve regularly publishes data on the generational gaps in wealth. The boomers have plenty of it, and millennials don’t. That’s no surprise — the boomers are older. But what recent data also clearly shows is that when the boomers were millennials’ age, they had significantly more than millennials do today.

Back in 1989, when boomers were between 25 and 43, they already owned 20.9% of the country’s wealth, according to data from the Federal Reserve updated earlier this month. In 2019, millennials are between 23 and 38, and they currently own a whopping 3.2% of wealth. That means boomers had more than six times as much wealth in 1989 as millennials do now.

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25% Of Millennials Claim They Have PTSD From 2016 Election, Study Says

Authored by Emily Zanotti via DailyWire.com,

Triggered…

https://www.zerohedge.com/sites/default/files/inline-images/1b8nc8.jpg?itok=nDCf_cwn

A new psychological study from San Francisco State University claims that a full quarter of millennials are suffering from bouts of post traumatic stress disorder, or PTSD, because of the 2016 elections.

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Millennials Expect To Retire At 56 Despite Negative Net Worth

Via ZeroHedge

Not only are millennials the most populous generation in the American workforce, but the tremendous amount of credit card and student loan debt they carry has made them the most indebted generation in modern history – which is forcing them to put off other major life decisions.

But despite the fact that a surprising number of millennials are fat and broke, many still have an optimistic view on when they expect to retire. Though their generation mostly lacks the generous pensions offered to Baby Boomers and some Gen Xers, A TD Ameritrade survey found that millennials who use the service expect to retire at the surprisingly young age of 56. That’s six years below the current minimum age for receiving social security.

https://www.zerohedge.com/sites/default/files/inline-images/2018.06.14millennials.JPG?itok=Z0CCVQhi

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Textual Recollections for the Graduate

By Doug “Uncola” Lynn via TheBurningPlatform.com

My oldest graduated from college last weekend so my family and I attended the convocation for the College of Business on Friday and the commencement on Saturday.  It was a great few days with us hosting a dinner party for family and friends at a restaurant in the lively college town after the ceremony; and followed by relaxation in and around the hotel pool later in the evening.

With the college courses taken during high school, my graduate finished a semester early with two majors and a minor, Magna Cum Laude (3.89 / 4.00 GPA), and with Honors (i.e. – through the Honors Program); plus, was nominated by the faculty to be a Convocation Student Marshal for the College of Business.

Amidst all of today’s ceaseless millennial bashing and never-ending doom porn, I was reminded this past weekend regarding the relevance of milestones, of personal achievement, and succession, against the larger cincture of generational gyrations; this current Fourth Turning in particular.

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When they’re not eating avocado toast, millennials spend five hours a day doing this…

Guest Post by

One-quarter of young Americans appear to be forming this addiction

Citroen
This is what millennials should be doing instead of looking at their phones.

Millennials are reportedly eating a lot of avocado toast or, at least, eating out. They’re also taking photos of that food, texting while dining and, a new report suggests, swiping their lives away.

We are spending more time than ever glued to our mobile devices — especially young people: 25% of millennials look at their phone more than 100 times a day compared with just 10% of baby boomers, according to a survey of 2,600 people across five countries conducted by mobile device care company B2X. Half of millennials look at their phone more than 50 times a day — three times the rate of boomers. One in four millennials spend five hours a day on their phones and 50% spend at least 3 hours.

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Prisons of Pleasure or Pain: Huxley’s “Brave New World” vs. Orwell’s “1984”

by Uncola via TheBurningPlatform.com

 

Definition of UTOPIA

1:  an imaginary and indefinitely remote place

2:  a place of ideal perfection especially in laws, government, and social conditions

3:   an impractical scheme for social improvement

 

Definition of DYSTOPIA

1:  an imaginary place where people lead dehumanized and often fearful lives

2:  literature:  anti-utopia

– Merriam-Webster.com

 

 Many Americans today would quite possibly consider Aldous Huxley’s “Brave New World” to be a utopia of sorts with its limitless drugs, guilt-free sex, perpetual entertainment and a genetically engineered society designed for maximum economic efficiency and social harmony.  Conversely, most free people today would view Orwell’s “1984” as a dystopian nightmare, and shudder to contemplate the terrifying existence under the iron fist of “Big Brother”; the ubiquitous figurehead of a perfectly totalitarian government.

Although both men were of British descent, Huxley was nine years older than Orwell and published Brave New World in 1932, seventeen years before 1984 was released in 1949.  Both books are widely considered classics and are included in the Modern Library’s top ten great novels of the twentieth century.

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