https://archive.is/2023.04.17-212925/https://www.theatlantic.com/magazine/archive/2023/05/millennial-generation-financial-issues-income-homeowners/673485/

Incomes and wealth are not just objective numbers—there is a large element of perception involved in whether someone thinks they are doing well.

You are not poor, you just think you are.

  • Rojo27 [he/him]
    ·
    edit-2
    1 year ago

    -Claims Millenials are well off.

    -Has picture of avocado toast.

    Yeah, no. Not even going to bother with this garbage.

  • CarmineCatboy [he/him]
    ·
    1 year ago

    The surprise was this: Millennials, as a group, are not broke—they are, in fact, thriving economically. That wasn’t true a decade ago, and prosperity within the generation today is not evenly shared

    what a surprise

  • Dirt_Owl [comrade/them, they/them]
    ·
    1 year ago

    This infuriates me so hard. They even did the fucking avo toast. This has to be a troll.

    I can't even afford to fucking pay for parking some days. I have several friends my age who are working professionals who would have been called 'upper middle class 20 years ago that have recently had to move back with their parents in their 30s because rent has gone up so high and their jobs don't pay enough. They work constantly, more than I've ever seen a boomer or Gen X, yet they get nothing.

    And these are working professionals with degrees and years of experience. One works in design and has several awards. They can't even afford rent.

    Can you imagine how millennials like me who are minimum wage 'unskilled labor' are doing? There's a reason I went back to Uni, because I sure as fuck wasn't going to keep losing my sanity being what might as well be an unpaid slave while my mind vegetates.

    I'm still going to be poor while back at school, obviously, but at least I get to use my mind and time to educate myself, instead of enriching some scummy business.

    • SorosFootSoldier [he/him, they/them]
      ·
      1 year ago

      Can you imagine how millennials like me who are minimum wage ‘unskilled labor’ are doing?

      I've made my peace that I'll never retire and if I'm lucky, maybe, JUST maybe I can get on assistance to get rent controlled housing and food. I'm fucked but I don't pretend like I'm not unlike my peers.

  • RION [she/her]
    ·
    1 year ago

    By 2019, households headed by Millennials were making considerably more money than those headed by Boomers and Gen Xers at the same age.

    Very nice, now let's see the cost of living :bateman-ontological:

    • Notcontenttobequiet [he/him]
      ·
      1 year ago

      I scream this again and again, for the love of god inflation! Boomers ALWAYS forget about inflation. My mom complains about how she started teaching in 1978 and was only making like $12,000. That's $58,000 in today's dollars! A lot more money than I started making in my first job.

    • RedQuestionAsker2 [he/him, she/her]
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      edit-2
      1 year ago

      Many of my friends, all college graduates and employed, had to move back in with their parents this year.

      Half are married and have double income with no kids and still can't make ends meet.

    • Aryuproudomenowdaddy [comrade/them]
      ·
      1 year ago

      I know a few people that have bought houses recently, but they generally make six figure incomes or close to it, one has a Ph.D, another is a well paid nurse and is married to a MD. The only regular person I know who recently bought a house got a settlement check from a work accident that left him with some undetermined level of brain damage and the house is like a hour's drive from most stores.

    • UmbraVivi [he/him, she/her]
      ·
      1 year ago

      I know some rich zoomers (not like mega-rich but definitely 1%) and it's all generational wealth of course, but even they're choosing to live with their parents rn :joker-troll:

  • solaranus
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    edit-2
    1 year ago

    deleted by creator

    • solaranus
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      edit-2
      1 year ago

      deleted by creator

      • Leon_Grotsky [comrade/them]
        ·
        1 year ago

        Damn, imagine building your whole academic career around bullshit vibes-based generational analysis

        • HexbearGPT [comrade/them]
          ·
          1 year ago

          Academia under capitalism consists solely of what is useful for the system’s reproduction

      • MorelaakIsBack [comrade/them]
        ·
        1 year ago

        expectations granted to us? what? expectations are laid upon you not granted like you are getting a prize or something

    • UlyssesT [he/him]
      ·
      1 year ago

      Looking at the feds webpage, millenials now have 6%. Two percent of all of that is Zuckerberg alone.

      :this-is-fine:

  • Theblarglereflargle [any]
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    edit-2
    1 year ago

    I don’t care how you phrase it we aren’t giving you boomers grandkids if we can barely afford rent.

  • Mardoniush [she/her]
    ·
    1 year ago

    Yeah, love earning 6 figure salaries and being unable to afford a house anywhere in the city I live, even in the poorest places, because they've all been scouted by speculators. Love house prices increasing every year by a number several times my total salary. Love inflating food and power. Love watching the upper-middle class friends I have who did have kids have to constantly rely on parents to keep them fed.

    So much fun, loving it. Owning more than a single home in a city should be banned unless you have a very good reason.

    • GarfieldYaoi [he/him]
      ·
      1 year ago

      :grillman:: Just become a speculator yourself, bro. All of these would be a good thing if you used your boomer superpowers to just snap your fingers and become a billionaire. What do you mean you're not as lucky as I am?

  • Sator_is_Tense [comrade/them]
    ·
    1 year ago

    i've never had avacado toast and i'm baffled by the boomer obsession with it, but that pic just makes me hungry :pingu-horny:

    • wwiehtnioj [none/use name]
      ·
      1 year ago

      It literally was just one millennial ate avocado toast at a restaurant (probably because it was the cheapest option) one time instead of eating oats before a doing a double-shift in the coal mines and boomers never got over it.

      • StellarTabi [none/use name]
        ·
        1 year ago

        I draw sweeping conclusions about millennials based on the menu at Starbucks, I'm one of the primier thought leaders in micro economics.

    • flan [they/them]
      ·
      1 year ago

      it's pretty good and easy to make yourself. of course if you eat too much of it you won't be able to afford a house because it costs $4.

  • HexbearGPT [comrade/them]
    ·
    1 year ago

    I’m just imagining never being able to own a house i guess.

    All just a matter of perspective! :joker-troll:

  • boog [none/use name]
    ·
    1 year ago

    if all the poorest millenials die, only the rich ones will be left!!!

  • GarfieldYaoi [he/him]
    ·
    1 year ago

    CHUDs really do have the luxury of picking and choosing what they want to believe. It's unreal that anyone takes them seriously, it's like because :grillman: never truly had to grow up, he still has the mind of an 8 year old boy.

    • StalinForTime [comrade/them]
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      edit-2
      1 year ago

      It's crazy when you interact with middle and upper class chuds. Working class chuds I know from more personal experience is more a question of trauma and deprivation and being preyed on by reactionary propaganda. But with the bougies it really is, like you say, like interacting with giant, overgrown, petulantly vicious children. You can tell that they've been cocooned and never been forced to actually have their worldview called into question. They've never faced consequences for the wrongness of their actions, and have neither the incentive nor the spines to change them.

  • Ram_The_Manparts [he/him]
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    edit-2
    1 year ago

    Avocado toast on golden platter

    Whoever came up with this illustration should be immediately disposed of

  • Chapo_is_Red [he/him]
    ·
    1 year ago

    Me, a millennial working for what was an entry level salary 15 years ago and unable to afford a house. :doomer: