Study: The average millennial is earning about 20% less than baby boomers did at the same stage of life
Study: The average millennial is earning about 20% less than baby boomers did at the same stage of life
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The newest data they had was from 2016? That was before COVID, ruzzias shit war and at least one other economic crisis.
Are there any comparisons which include up to date information?
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OP only posts their own medium (blog) posts, or their own youtube channel.
Then presents it as regular content.
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Narrator voice: that ain't how you trickle a traumatic truth! Do you want a revolt?
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Well the report is from 2019.... Having said that: is the article new? Medium just hits me with some strange paywall..
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Only 20% - that seems really low?
Housing costs, food, and access to medical care seem like much bigger factors affecting quality-of-life. And we could go on: childcare costs, declining social safety net, rise in not only home purchase costs but also renting as well, enormous rise in cost of higher education, the switch to fascism, all of this would naively seem to me to contribute far more to life than a mere paycheck in the moment, especially if there is lower stability to turn that paycheck into actual living.
The article cuts off fairly quickly though so if it talked about it down below that, I couldn't read it.
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"It takes a village..."
I think is an idiom that people don't understand. It's all of our collective society that people have to grow and adapt for within and the village is burning and broken. It's not just the pay but for boomers they decided that's all there was to life and now the rest of it decays when you can buy it back.
Yeah we definitely make less but also have to buy more and somehow it's all still worse for it.
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Yup it is crazy how much people could earn, buy a house, buy all that stuff and still kinda swim in money.
The Generation of my Grandparents was like that. Rebuilding the country, enjoying the unrestrained economic growth, having a really good and early pension... it is crazy.
