**This is a heavily moderated subreddit. Please note these rules + sidebar or get banned:**
* If this post declares something as a fact, then proof is required
* The title must be fully descriptive
* Memes are not allowed.
* Common(top 50 of this sub)/recent reposts are not allowed (posts from another subreddit do not count as a 'repost'. Provide link if reporting)
*See [our rules](https://www.reddit.com/r/interestingasfuck/wiki/index#wiki_rules.3A) for a more detailed rule list*
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/interestingasfuck) if you have any questions or concerns.*
He ain’t wrong. Put that money into an index fund. You now only need a fraction of the money managers and it’ll perform better. At 53.4b the endowment would yield over 3b a year adjust for inflation. Tuition to Harvard is 53k a year. One year of returns could fund 69000 years of tuition. 17400 students could get a free education every year. I’ve rounded down these numbers, meaning that the endowment would still have real growth.
To Harvards benefit, they offer most of their classes online, in an ersatz form, for free.
Non-canadian companies as well... companies definitely based in foreign countries can buy all the Canadian land they want. Some of the companies are so close to the Chinese government that you would call them the Chinese government in the way that the country works. So essentially this breaks down to Canadian paying rent to the Chinese government for land on Canada's soil.
$2850 for me. After 6 months living back home from moving out of Kits where we were in the space for 4 years but broke up it’s been absolutely depressing.
It's a good line, and not unwarranted.
However, even more direct is Trump University, a far worse example on both ends. Yet, are middle aged and younger totally rejecting this and him? If only old Republicans were supporting him, he'd be long gone.
Hi from Scott's startup, Section! If you want to hear Scott lecture on young people, we're holding a free (free! free!) event on May 14, The State of Young People. [https://www.sectionschool.com/events/live-events/the-state-of-young-people](https://www.sectionschool.com/events/live-events/the-state-of-young-people)
Thankful for my parents who recognize my generation is fucked but refuses to believe their generation had anything ti do with it. Incase you couldn't tell they think immigrants filling short staffed industries like construction and food service are the ones who are causing the collapse of the economy.
I know we want to blame a generation, but it was really a few individuals that had power and took advantage/manipulated a generation that was coasting. They were just living ya know. Not like every person was trying to fuck the next generation.
There was a lot of willful ignorance there. My mom was on the “if they want to make more money go to college for a high paying field instead of complaining about minimum wage” bandwagon in the early 90’s. I tried explaining to her that the value of a degree is its rarity. The more people who have it the less valuable it is, and there are only so many openings for jobs that need a college degree. The jobs that don’t need a college degree still need people to work them. So if you flood the market with college degrees, that degree becomes less high paying; and the ones with college degrees that are overflow of the college degree job market will have to work jobs that don’t actually need a degree. It was common sense they just refused to grasp, and now it’s our reality.
It's not his generation, it's wealth inequality and structural issues where the wealthy consistently make policies that benefit them, be it keeping Fed rates low, or restricting housing zoning, or non universal healthcare etc...
There's a shit ton of Boomers that are poor, by some estimates 50% ....so what generation should they blame.
It's not about your parent's history or yours.
It's about trends that are not based on anecdotes or opinions...but verified large scale metrics. There are boomers in poverty and young people living in downtown Manhattan....doesn't change reality for a large set of the population.
That's so easy though. "Back in my day inflation and interest rates were in the double digits most years, of course housing prices are higher relative to wages with your low interest rate figures" or something like that.
I have a 16 and an 18 year old and I know I had it easier.
Even more worrying is that I tried harder than either of them do, so if it’s that much harder to make it now, what’s going to happen to them?
I have three kids - 8, 5 and 3 and I fear greatly for what the world will be like when they're adults. I'll probably work until the day I die so they can inherit as much as they can.
I just don’t know what to tell mine anymore.
Go to college, try to find a degree you like well enough that you think can land you a job, get internship, etc.? Will that even suffice anymore?
And I have one who has already given up on the American dream and I don’t blame him. He sees things for what they are and refuses to buy into the illusion. What do I even say to him to motivate him?!?
Lololol certainly You are greatly undervalued where ever you are in what ever field you find yourself. Because this comment was pure unadulterated gold
26 here, my parents didn't start understanding my anger and complaints about society, Culture, and government, until Trump became president, not fully but were starting to understand, hit home more after covid, but they still don't fully understand, but I'm thankful they are trying.
I guess what I'm trying to say, is your kids are lucky to have your outlook as their parrent, make sure they are heard and understood can make such a difference.
(My parents typically forget that I have major depression disorder, not just diagnosed, but plenty of points in my life where it's obvious. If they do remember. They don't understand and typically talk about my philosophical out look on life)
Biden has tried to reduce student loan debt, just directed EPA to fully replace lead pipes for drinking water, advocates for tax increases for those making over $400k, is promoting climate change and renewable energy, pushes for higher child tax credits and credits for child care.
Yeah, he’s old and can’t possibly understand the harm being done to younger generations by older generations. Hell, he was there an doing it himself. But the alternative is the guy who favors tax cuts for corporations and lowering the rates for highest income individuals, favors cutting programs for the poor, and epitomizes the narcissistic, me first older takers described here.
But both sides are the same. /s. I hope the young get out there and vote their interests this election. Perhaps they can even force some turnover down the ballot to a new generation who even pretends to value them.
from the time they were born all of society had to bend to their will due to their sheer size. if the majority wanted something, they got it. they could out vote the older gens just like they’ve been able to out vote the younger ones.
they came of age right as new mass media (tv) became a thing and as industries such as marketing started to realize they were the ones that had the money to spend on consumer items. their whole lives they’ve been catered and pampered and listened to. that’s why, as a generation, they’re karens. no one has ever told them no.
TLDR: they’re narcissists because they’ve never had to be anything else.
Probably something like *I had to work hard part-time three hours a week for two years in order to afford tuition for a university education that resulted in a measly six figure salary with benefits and a pension that forced me to retire at 60 instead of 50 like I wanted, and they only gave me 4 weeks paid vacation a year! It took a whole 3 years to pay off my mortgage on a 5 bedroom house 15 minutes away from where I work on such low pay, it was hell.*
I’m just old enough that I could buy a house before things went batshit crazy, but I’m not rich. Part of the reason I didn’t have kids is because of this shit and not wanting them to have to deal with it.
My wife wanted 3 kids, I wanted 5 until we saw we were paying nearly double our mortgage for 2 kids in daycare.
Get right back to work and be a productive member of society, but hey, don't forget to pay a mortgage payment for every kid so you can go into the office.
I don’t live in the US but have the same story. Bought 2 small apartments before everything became expensive.
Looking at the prices today…. I have no clue how people are supposed to buy them. And also trying to make a financial cushion because I want kids. At least, I have the living situation sorted. But it’s crazy.
Even then, realistically, people would need to get their inheritance when they are 20, not wen they are 50+. My mom (65) hasn't got inheritance yet because her own mom is still alive. What use would she get by now out of it anyway? She can't build her life on that, she's already retired. I don't want my last grand-ma to die but economically, inheritance just don't fucking work. It's also not getting any better for generation past hers because medicine will keep us alive even longer.
The key is to turn over all your belongings to heirs or a trust prior to going into care. That way you have no assets and nothing can be taken by the gov. Fucked up sentence to even type but just went through it with grandma
Capitalism doesn't work without a consumer base and the former generation is comiing to realize that concenration of wealth isn't sustainable long term.
And this understandable choice which many people make (my mom often said “I would never put another child into this world” when I was nagging her about getting a sibling) brings about a new problem that is demographics. The solution for that is either people having more kids and creating a new stronger generation or mass-immigration. Most states have gone with the mass-immigration to the conservatives dislike.
Me and my partner just became parents (he is two now) and holy shit the shift in my mentality from a cynical view on the world to a more loving world which I want to fight for. What else is the purpose of life? I think we get lost in our human made systems when we could step back and see us as Homo sapiens, part of this strange, bad and good experience we call life. Apathy serves our rulers.
Still not having kids. But I get where you’re coming from. I thoroughly believe it’s my role to support people like you to give their kids the best chance. Lord knows you and those kids need all the support you can get. It takes a village.
And that’s fine! I am living in Sweden so even though we of course have been hit by the same neo-liberal wave as the rest of the west we still have some good things going in regards to childcare. Thank you for your support kind villager!
This is valid everywhere around the globe. This is the purpose. The establishment wants you to own nothing but still be happy by renting everything. Don't own a house; rent it.
Don't own a car; rent it.
The problem isn't renting, the problem is the people that own the rented goods also set the price to rent those goods.
No one would complain about renting if the price and accessibility was reasonable to the renter.
Exactly. But when renting is literally more expensive than owning, but you have to have a certain amount to own… Leaves us in a really shitty position.
The establishment is just the tool. The real problem is where the incentives come from which is ultimately the economic system. Unfortunately it doesn't get as much criticism as it should because it's very easy to distract people when they're being battered in all directions by the symptoms of the problem and can't get their head above the water to breathe.
Capitalism might have been the best system for the 18th century. The problem is that it's a very different world now. There are a growing number of signs that capitalism is no longer appropriate and there are likely better economic systems for the world that we currently live in but the capitalist elite know that they stand to lose everything if people realise this which is why they do everything in their substantial power to discourage discussion around the economic model.
I mean, if they want people to be "happy" with it, it appears they are missing the mark. I wonder if it has anything to do with the value propisition getting steadily worse...
People would be more than happy to rent if they saved $20k per year renting. The problem is that ownership is so subsidized and rents so high that it's a no-brainer to buy.
As someone who lives in Vancouver my whole life… born here, raised here, went to school and graduated here. The fact I’m being pushed out of my city due to lack of affordability pisses me the fuck off and I have decent job. So does my wife.
I hear you. Would have loved to stay near friends and raise my kid in Van, where I grew up. But I moved to Calgary, near my wife's folks, a year ago and we just bought our dream house here.
Relatively, unless you factor in the amount of wages that disappear into landlords or banks for housing costs. It is almost 50% of most people's wages right now
No such thing as 30 year fixed rate mortgages here
I at the very least wish we were farm raised cattle, not this fucked up kill factory shit
You'd think "the greatest nation on earth" would be less fucking depressing.
All I'm saying is they have about fifteen years to fix this shit or the masses are going to roll out the guillotines and eat the rich feet first. Society depends on them fixing this to give younger generations a chance or it all comes apart at the seams.
None of these trends are new. People in the know have been shouting "fire!" for decades. It's not about lack of knowledge, it's just lack of motivation. It's gonna have to get a LOT worse for a lot of people before things get better. Hold on to your butts.
He has come out with few books over that past few years. His podcast with Kara swisher is awesome to keep up with tech and politics. Also his solo podcast prof g. Currently reading his new book now and it is wonderful.
I see more and more "senior" employees downright refusing to age out and retire while hoarding the wealth of experience and knowledge meant to be passed down to the next generations making half of what they do so they can literally die at their desk/workplace due to the fact that they know social security won't help them maintain their current lifestyle they've built off the backs of our cheap labor. It's caused nothing but resentment. Try sweating your ass off running a machine for 12 hrs a day in the heat for 20 years and everytime you glance over there's some boomer sitting in a chair playing solitaire in the air conditioning making double your wage and still complaining all day plus they won't train you to excel for fear you'll make them obsolete. They know very well how they've ruined the future for everyone after them due to their selfishness and lack of accountability. All they're worried about is "getting theirs" and the hell with everyone else. It's like babysitting a 60 year old toddler who won't tell you the password to open the door to success.
Even if he was President he wouldnt be able to fix much of this. The President is relatively weak on domestic issues. Congress and state legislatures matter a lot more.
Your local elections matter far more than most people can comprehend. While federal legislation is incredibly important, it's always going to have massive limitations.
Your local elections decide who your judges are, who your school board is, and who your local legislature is.
To translate that: Your local elections decide how your local police are trained and how your courts act; your local elections decide what your kids are taught in school, if there's a policy to help them when they're being bullied, how to respond to emergencies (such as the ever-increasing number of school shootings), and how many resources your school and the teachers will have to actually teach your children, your neighbor's children, everyone in your local area. Your local elections decide not only your local laws and how they're enforced, state legislatures have a lot of power; you may remember that one of the election theft plans from Republicans was to set a precedent that Republican-led state legislatures (which are the majority because most states have a lot of empty land that we've given power over people) can ignore their state's popular votes and send electors for whatever candidate they want; state legislatures and governors are needed to ratify constitutional amendments which is why we haven't had a new constitutional amendment in decades despite the radical changes in American life and politics in those years.
Your local elections not only influence everything about your day-to-day life in ways that it's really hard to see but also can influence decisions on a national level. Your local elections are incredibly important. Your local primaries are probably some of the least attended political events in the country because so few people pay attention to them, but those decide who gets to run for an office. If you get to the polls and say, "There are no good candidates," well, that was decided at those primaries. And you may feel powerless to affect change at a national level, but in your county? In your town or district? You really do have a lot of say if you're an informed voter. More if you're able to volunteer time. Even more if you're lucky enough to have the privilege enough to be able to run.
The presidency takes up all of the headlines. Congress makes most of the talking points. But local elections do a lot to decide how to steer the country. And we've spent decades barely paying attention to them. "Go out and vote," isn't enough. Know what you're voting for, know what you're voting for, and if you have the opportunity, vote in the primaries, help out a candidate you think will really do good work. I know how much it sucks. I live in an area where most positions, there 1-man races with a hardcore right-wing candidate running unopposed in something like half the races. It sucks and it feels unwinnable at times, but it can be done. You can make a difference.
if we want change we literally need to vote everyone currently in congress out this year. We won't do that because so many people are convinced their congressman/woman is good and cares about them, Meanwhile pelosi has made nearly $4million so far this year
We don’t even need to do that. If we were sane and organized as an electorate, we could collectively call their offices and let them know it if they don’t vote the way we want, we’ll find someone who will. But, alas, not only can we not agree on what is the greater good, most don’t even bother to vote. Ugh! Sometimes I despair for this country.
that wont happen because the political parties will continue the status quo and not offer an alternative, and third party candidates don't get media attention and therefore no money nor votes
Revolution is coming. It is basically inevitable at this point. There is no situation where those in power just surrender to the masses and admit that the system needs to undergo a reformation.
It will not be peaceful.
Exactly why I don't want to have kids. First time I've heard of this guy and he said the quiet part out loud. Glad I watched this TedxTalk. He is a genius.
While there are many issues he notes, there is a core issue here that keeps that ball rolling. He said it was intentional and it is. The kind of greedy people that don’t give a shit about others is how they got to be in power. As long as that’s an effective pathway to power, enough power will be held by people that don’t give a shit to prevent anything from being done about it.
The first step to replace the people with ones that would actually be on board with something helpful would be to make it less profitable to be in those positions while preventing the rich from ensuring their own candidates have major advantages. limiting lobbying, campaign contributions, and buying stocks. Unfortunately that will never happen as the ones who would need to make that decision are the ones that would be negatively impacted by it.
This wasn’t the first step but our dystopian corporate-owned future was set in stone the moment the Supreme Court ruled on the Citizens United case in 2010. This country is pretty much done for now, industry and government will do just enough to keep people from revolting and they’ll continue down this path until they lose the ability and it all crashes, that is our future. We’ve been on this path for my entire millennial life and its halfway gone now with no indication of a light at the end of the tunnel so I see no reason why it would pop up out of nowhere. There’s just too much precedent for it to go any other way but down this road.
I don’t agree with all of Mr. Galloway’s proposed solutions -
1) Social Security is part of the social contract to support our elderly and infirm, he seems to want to destroy it as he frames the program as a wealth transfer. Capital gains exemptions, low taxation on the wealthy, and bailouts are the *true* wealth transfers of our age. Social Security can be saved with some modifications to the age and payout figures, and remain solvent for decades to come. And,
2) He’s also off-base on his push for term limits; pushing out experienced congresspeople just adds to the power of lobbyists drafting the national agenda. Instead of term limits, the focus needs to be on repealing Citizens United, automatic voter enrollment, federal ranked choice voting, apolitical committee-based districting (removing political gerrymandering), and reform of congressional committee appointment requirements.
That being said, Mr. Galloway ABSOLUTELY nails it on the issues facing our country’s youth - internet anonymity, affordable housing, wage stagnation - it’s all there.
All in all, a great TED talk and hopefully a wake-up call to apathetic voters.
**Edit:** before anyone suspects I’m a boomer for the critiques I have regarding his social security / term limit proposals, I’m 38. They’re flawed proposals in an otherwise outstanding TED talk.
Great critique. Agree that term limits on elected representatives is counter-productive, as we can vote them out. One area where term limits might be useful is SCOTUS.
Agreed, SCOTUS differs in that they’re lifetime appointments and have led to political corruption (funny, in that the founding fathers wanted lifetime appointments to prevent corruption and make the judges beyond partisan rancor - how the times have changed!) on the high court. Term limits or expanding the number of judges would go a long way to fixing it.
> 1) Social Security is part of the social contract to support our elderly and infirm, he seems to want to destroy it as he frames the program as a wealth transfer. Capital gains exemptions, low taxation on the wealthy, and bailouts are the true wealth transfers of our age. Social Security can be saved with some modifications to the age and payout figures, and remain solvent for decades to come. And,
Watch the video. He says to base it on need. The elderly and infirm don't need financial support if they're rich. Jesus christ just watch the video or don't comment
He doesn't want to destroy Social Security, he wants to reform it to aid people who need it instead of throwing more money at people who don't, as he says in his presentation.
Yup he lost me at the end with all the ban this, ban that. Sorry just because you have some great points doesn’t make you the gatekeeper of what people get to choose to do.
Ironic that he called out Pelosi for her inability to understand a young woman's issues then went full Boomer on technology bans.
I'm sorry, but you don't fix these issues with law, you fix it with culture and education.
I just acquired a house with parents helping with down payments. I’m absolutely ashamed, but my mom kept comforting me. I don’t think I will ever do as well as my parents are doing.
Do not be ashamed because they are 100% aware of the situation And they are securing a future for you, They want you to retire at your own place, They know that's the least they can owe you because of all that's happening, accept that and invite them to that house party. Never be ashamed, Get some pets or plant and enjoy your little Paradise
My wife and I (late 40s) had zero help from either of our families when it came to buying a home unlike pretty much everyone we know it seems. But we were lucky and bought in the early 2000s when prices were still sane. It's not a great place but at least it's something and we've steadily improved it over the last 20 years. I firmly believe that the only way my kids will ever be able to afford a home is if my wife and I are able to help them. I don't know how much help we'll be able to afford but we intend to do what we can.
Don't even really need to do that necessarily, just need to have a prohibitively expensive tax on ownership of houses that aren't being lived in by the owner. Maybe *one* exception for a single additional/vacation home.
That would force all the 'investment' types to sell property to people who will actually live in it rather than it being rented for exorbitant prices or Air B&B'd or some such.
...there are 15 million vacant homes in this country already.
Investors are hoarding them.
If we build more, there needs to be a ban on re investors buying them.
There are powerful counter incentives that keep that off the table. When you build new houses you dilute the value of existing homeowners wealth. They always vote against it.
Rising home values is a corner stone of our entire economies. We have hit the flaw in our system. It’s deep. No one wants to take the hit so we pass it on.
Young people should vote.
Only way anything changes. And vote not just once, or just in the presidential elections either. Vote in every eligible election, every time.
Politicians are “appointed” by voters - they only work for the people who show up at the ballot box.
In the last general election (2022) in North Carolina, less than 25% of people ages 18-25 voted. In North Carolina, in the last general election, over 70% of people ages 66+ voted.
Source: https://www.ncsbe.gov/results-data/voter-turnout/2022-general-election-turnout
I guess we'll never know because, you know, voting doesn't always help.
That's not a rebuttal.
They're saying there are no candidates to vote *for* that would actually properly represent them.
If your choices are between old person #1 who wants to fuck you without lube, and old person #2 who wants to fuck you with lube, *both options are still old people who want to fuck you*.
I vote because if I'm going to get fucked, I at least want the lube. But I'd rather vote for not getting fucked, unfortunately that's **not on the ballot.**
You might say that's the young peoples' fault for not getting on the ballot... but how exactly are we supposed to do that? Most of us are on subsistence at best. We can't just quit our jobs to campaign. Even if we could, with what campaign funds? Campaigning isn't free.
Imo you’re half-right in that it takes more than voting - it takes activism and communication with the powers that be. But if you won’t vote they won’t listen.
So I’d argue voting always helps. But also tell them what you want and let them know you’re pissed off and will vote them out. If you don’t vote they won’t care either way.
The national debt component is meaningless, it's a specter.
It's petrogarchs and technocrats all the way down; psychological warfare by the elite class is now ubiquitous, supercharged by AI and imbibed with Machiavellian cynical nihilism
I’m a successful 44 y.o. with no real economic issues to speak of. My wife gets upset when my 15 y.o. says she doesn’t want to have kids. I agree with her for every reason on this video. Every time I hear a “Millennials need to work harder, I want to shake them. I hope we are judged in the worst possible way because America deserves it. What a bummer.
Why do we no longer value the smart person in the room? I have seen Scott many times on Bill Maher. He talks too fast at times, but there are few people who not only know their shit, but have answers.
My father in law doesn’t realize he values people on their higher education more than anything else. Every single person he talks to he wants to know about their college history and every story starts with the persons college credentials.
It was WAY easier back then to get in. It was way cheaper.
What are his sources? Seems contradicted by recent work [https://www.federalreserve.gov/econres/feds/files/2024007pap.pdf](https://www.federalreserve.gov/econres/feds/files/2024007pap.pdf)
Gen z is earning more than all previous generations at the same age.
My wife and I both work in TV (she's on-air and I'm behind the scenes) and together make $120k. We have two little girls (4 and 1) and one on the way. We have been lucky until recently with her mom being able to watch the kids so we can go to work. However now we have to actually find childcare for them, and it isn't cheap. We crunched the numbers and we were floored by the cost. It's been causing a lot of stress in our house because we are unable to save anything anymore. I just don't get it...we have a mid sized family and make six figures in our household...and yet we still feel like we're paycheck to paycheck.
This is what happens when you allow corporations lobby legislators to pass bills. How can you say your country is free when how you live is decided by the wealthy minority?
Then the old out of touch losers running this shit heap of a society wonder why none of us want to have kids...
Because you stole our future assholes!
Fuck this entire scam society, I can't wait until it collapses into dust.
**This is a heavily moderated subreddit. Please note these rules + sidebar or get banned:** * If this post declares something as a fact, then proof is required * The title must be fully descriptive * Memes are not allowed. * Common(top 50 of this sub)/recent reposts are not allowed (posts from another subreddit do not count as a 'repost'. Provide link if reporting) *See [our rules](https://www.reddit.com/r/interestingasfuck/wiki/index#wiki_rules.3A) for a more detailed rule list* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/interestingasfuck) if you have any questions or concerns.*
"Hedge fund offering classes" is a sick burn of posh universities rife with nepotism
I snorted coffee at that line, it’s true and terrible.
He ain’t wrong. Put that money into an index fund. You now only need a fraction of the money managers and it’ll perform better. At 53.4b the endowment would yield over 3b a year adjust for inflation. Tuition to Harvard is 53k a year. One year of returns could fund 69000 years of tuition. 17400 students could get a free education every year. I’ve rounded down these numbers, meaning that the endowment would still have real growth. To Harvards benefit, they offer most of their classes online, in an ersatz form, for free.
Thanks for the insightful video, u/Urmomsjuicyvagina
🫡🫡🫡
r/rimjob_steve
Depressing
[удалено]
How?
Because suits let conglomerate cunt companies buy up all the land and didn’t regulate them so they can do whatever they want.
Non-canadian companies as well... companies definitely based in foreign countries can buy all the Canadian land they want. Some of the companies are so close to the Chinese government that you would call them the Chinese government in the way that the country works. So essentially this breaks down to Canadian paying rent to the Chinese government for land on Canada's soil.
$2850 for me. After 6 months living back home from moving out of Kits where we were in the space for 4 years but broke up it’s been absolutely depressing.
Suppressing
Oppressing.
Ranch Dressing
Debra Messing
Debra Messing?
This guy gets it.
Distressing
here come 1 million paid corpo shill bots to tell us all why having nothing is better, actually.
And yet true
They're not mutually exclusive
"They're a hedge fund offering classes" Fuuuuuuuuck that's a deep cut. Not to me obviously, but damn
It's a good line, and not unwarranted. However, even more direct is Trump University, a far worse example on both ends. Yet, are middle aged and younger totally rejecting this and him? If only old Republicans were supporting him, he'd be long gone.
Hi from Scott's startup, Section! If you want to hear Scott lecture on young people, we're holding a free (free! free!) event on May 14, The State of Young People. [https://www.sectionschool.com/events/live-events/the-state-of-young-people](https://www.sectionschool.com/events/live-events/the-state-of-young-people)
Watched earlier and shared with my boomer parents…. My moms response was “well here’s all the ways I had it harder than you”
I reject your reality and submit my own.
Very thankful for my father, who recognizes we are absolutely fucked and his generation did it.
Thankful for my parents who recognize my generation is fucked but refuses to believe their generation had anything ti do with it. Incase you couldn't tell they think immigrants filling short staffed industries like construction and food service are the ones who are causing the collapse of the economy.
That's what the narrative tells them to believe
I know we want to blame a generation, but it was really a few individuals that had power and took advantage/manipulated a generation that was coasting. They were just living ya know. Not like every person was trying to fuck the next generation.
There was a lot of willful ignorance there. My mom was on the “if they want to make more money go to college for a high paying field instead of complaining about minimum wage” bandwagon in the early 90’s. I tried explaining to her that the value of a degree is its rarity. The more people who have it the less valuable it is, and there are only so many openings for jobs that need a college degree. The jobs that don’t need a college degree still need people to work them. So if you flood the market with college degrees, that degree becomes less high paying; and the ones with college degrees that are overflow of the college degree job market will have to work jobs that don’t actually need a degree. It was common sense they just refused to grasp, and now it’s our reality.
It's not his generation, it's wealth inequality and structural issues where the wealthy consistently make policies that benefit them, be it keeping Fed rates low, or restricting housing zoning, or non universal healthcare etc... There's a shit ton of Boomers that are poor, by some estimates 50% ....so what generation should they blame.
Loved Mythbusters!
Adam Savage has a pretty awesome youtube channel where he just kinda chills and builds stuff, it's called Tested
It's not about your parent's history or yours. It's about trends that are not based on anecdotes or opinions...but verified large scale metrics. There are boomers in poverty and young people living in downtown Manhattan....doesn't change reality for a large set of the population.
Did she actually watch the video? You should tell her 'I'll read your response once you can repeat even just one point he made'.
That's so easy though. "Back in my day inflation and interest rates were in the double digits most years, of course housing prices are higher relative to wages with your low interest rate figures" or something like that.
"Back in my day, Jimmy Carter." Jimmy Carter what? "Jimmy Carter!" - My Boomer parents
I have a 16 and an 18 year old and I know I had it easier. Even more worrying is that I tried harder than either of them do, so if it’s that much harder to make it now, what’s going to happen to them?
I have three kids - 8, 5 and 3 and I fear greatly for what the world will be like when they're adults. I'll probably work until the day I die so they can inherit as much as they can.
I just don’t know what to tell mine anymore. Go to college, try to find a degree you like well enough that you think can land you a job, get internship, etc.? Will that even suffice anymore? And I have one who has already given up on the American dream and I don’t blame him. He sees things for what they are and refuses to buy into the illusion. What do I even say to him to motivate him?!?
They'll be clubbing other people for meat during the Water Wars of 2046 using only the bones of the fortunate dead
Lololol certainly You are greatly undervalued where ever you are in what ever field you find yourself. Because this comment was pure unadulterated gold
26 here, my parents didn't start understanding my anger and complaints about society, Culture, and government, until Trump became president, not fully but were starting to understand, hit home more after covid, but they still don't fully understand, but I'm thankful they are trying. I guess what I'm trying to say, is your kids are lucky to have your outlook as their parrent, make sure they are heard and understood can make such a difference. (My parents typically forget that I have major depression disorder, not just diagnosed, but plenty of points in my life where it's obvious. If they do remember. They don't understand and typically talk about my philosophical out look on life)
Well yeah, both ways uphill in the snow, man!
Why are they all so narcissistic?… I can’t understand it
Lead paint
Brought to you by sold-out government that doesn’t regulate anything in pro of free markets and freedom! ‘Merica, fuck yeah!!!
Biden has tried to reduce student loan debt, just directed EPA to fully replace lead pipes for drinking water, advocates for tax increases for those making over $400k, is promoting climate change and renewable energy, pushes for higher child tax credits and credits for child care. Yeah, he’s old and can’t possibly understand the harm being done to younger generations by older generations. Hell, he was there an doing it himself. But the alternative is the guy who favors tax cuts for corporations and lowering the rates for highest income individuals, favors cutting programs for the poor, and epitomizes the narcissistic, me first older takers described here. But both sides are the same. /s. I hope the young get out there and vote their interests this election. Perhaps they can even force some turnover down the ballot to a new generation who even pretends to value them.
from the time they were born all of society had to bend to their will due to their sheer size. if the majority wanted something, they got it. they could out vote the older gens just like they’ve been able to out vote the younger ones. they came of age right as new mass media (tv) became a thing and as industries such as marketing started to realize they were the ones that had the money to spend on consumer items. their whole lives they’ve been catered and pampered and listened to. that’s why, as a generation, they’re karens. no one has ever told them no. TLDR: they’re narcissists because they’ve never had to be anything else.
Gaslight Generation
What were her reasons?
“I had to walk really far to get to school”
Uphill, in the snow, when it doesn’t even snow in southern Cali
Probably something like *I had to work hard part-time three hours a week for two years in order to afford tuition for a university education that resulted in a measly six figure salary with benefits and a pension that forced me to retire at 60 instead of 50 like I wanted, and they only gave me 4 weeks paid vacation a year! It took a whole 3 years to pay off my mortgage on a 5 bedroom house 15 minutes away from where I work on such low pay, it was hell.*
I’m just old enough that I could buy a house before things went batshit crazy, but I’m not rich. Part of the reason I didn’t have kids is because of this shit and not wanting them to have to deal with it.
Me too! Well actually nobody loves me. But it’s sort of the same right? Got a nice house to live in alone.
I love you <3
Hey get in line pal
They're worth the wait =)
You have to legally move together now.
> nobody loves me… *yet*
Beware of the chicks that suddenly find you appealing after owning a home. lol
Haven't found any yet, but when I do I'll let you know🤣🤣🤣🤣
There is the epidemic to watch out for.
My wife wanted 3 kids, I wanted 5 until we saw we were paying nearly double our mortgage for 2 kids in daycare. Get right back to work and be a productive member of society, but hey, don't forget to pay a mortgage payment for every kid so you can go into the office.
Right? Even if you gave me a million dollars I wouldn't have kids... it feels cruel to subject them to it until systemic changes are made...
I don’t live in the US but have the same story. Bought 2 small apartments before everything became expensive. Looking at the prices today…. I have no clue how people are supposed to buy them. And also trying to make a financial cushion because I want kids. At least, I have the living situation sorted. But it’s crazy.
Watched this earlier today and yeah. I don't want kids for this exact reason can't fathom leaving them with this s**t show to clean up.
You just have to get rich and hand them the cash upon your death. Seems like that is the system we've developed.
Except you have to off yourself before end-of-life care drains every dollar you've saved up. Inheritances are becoming a thing of the past.
Even then, realistically, people would need to get their inheritance when they are 20, not wen they are 50+. My mom (65) hasn't got inheritance yet because her own mom is still alive. What use would she get by now out of it anyway? She can't build her life on that, she's already retired. I don't want my last grand-ma to die but economically, inheritance just don't fucking work. It's also not getting any better for generation past hers because medicine will keep us alive even longer.
Inheritances can be distributed before death.
Haha yeah boomers love giving away their wealth
The key is to turn over all your belongings to heirs or a trust prior to going into care. That way you have no assets and nothing can be taken by the gov. Fucked up sentence to even type but just went through it with grandma
Or you give them a leg up by offering food/board/education way past 20.
Capitalism doesn't work without a consumer base and the former generation is comiing to realize that concenration of wealth isn't sustainable long term.
And this understandable choice which many people make (my mom often said “I would never put another child into this world” when I was nagging her about getting a sibling) brings about a new problem that is demographics. The solution for that is either people having more kids and creating a new stronger generation or mass-immigration. Most states have gone with the mass-immigration to the conservatives dislike. Me and my partner just became parents (he is two now) and holy shit the shift in my mentality from a cynical view on the world to a more loving world which I want to fight for. What else is the purpose of life? I think we get lost in our human made systems when we could step back and see us as Homo sapiens, part of this strange, bad and good experience we call life. Apathy serves our rulers.
Still not having kids. But I get where you’re coming from. I thoroughly believe it’s my role to support people like you to give their kids the best chance. Lord knows you and those kids need all the support you can get. It takes a village.
And that’s fine! I am living in Sweden so even though we of course have been hit by the same neo-liberal wave as the rest of the west we still have some good things going in regards to childcare. Thank you for your support kind villager!
Apathy or revolt...
This is valid everywhere around the globe. This is the purpose. The establishment wants you to own nothing but still be happy by renting everything. Don't own a house; rent it. Don't own a car; rent it.
The problem isn't renting, the problem is the people that own the rented goods also set the price to rent those goods. No one would complain about renting if the price and accessibility was reasonable to the renter.
Exactly. But when renting is literally more expensive than owning, but you have to have a certain amount to own… Leaves us in a really shitty position.
How is the current system better than feudalism in terms of financial freedom? We are slaves to the elites.
It's not, it's their revenge for revolting against it
The establishment is just the tool. The real problem is where the incentives come from which is ultimately the economic system. Unfortunately it doesn't get as much criticism as it should because it's very easy to distract people when they're being battered in all directions by the symptoms of the problem and can't get their head above the water to breathe. Capitalism might have been the best system for the 18th century. The problem is that it's a very different world now. There are a growing number of signs that capitalism is no longer appropriate and there are likely better economic systems for the world that we currently live in but the capitalist elite know that they stand to lose everything if people realise this which is why they do everything in their substantial power to discourage discussion around the economic model.
I mean, if they want people to be "happy" with it, it appears they are missing the mark. I wonder if it has anything to do with the value propisition getting steadily worse...
People would be more than happy to rent if they saved $20k per year renting. The problem is that ownership is so subsidized and rents so high that it's a no-brainer to buy.
As someone who lives in Vancouver my whole life… born here, raised here, went to school and graduated here. The fact I’m being pushed out of my city due to lack of affordability pisses me the fuck off and I have decent job. So does my wife.
I hear you. Would have loved to stay near friends and raise my kid in Van, where I grew up. But I moved to Calgary, near my wife's folks, a year ago and we just bought our dream house here.
America is a machine designed to milk its people dry.
If only it were as fun as it sounds
At a certain point, you're just dry, and then it's torture.
Chaffing is a thing.
The Commonwealth countries aren't going much better, Canada, Australia and New Zealand are all semi housing Ponzi schemes
I mean, yes true, but… look at all the social indices of which the US is dead last. You’re much better off in those three places than you are the US
Relatively, unless you factor in the amount of wages that disappear into landlords or banks for housing costs. It is almost 50% of most people's wages right now No such thing as 30 year fixed rate mortgages here
With the best government money can buy.
America is a machine designed to milk its *poor people drier than they already are*. FIFY
Moooooo!!! Nothing more than cattle to the elites
I at the very least wish we were farm raised cattle, not this fucked up kill factory shit You'd think "the greatest nation on earth" would be less fucking depressing.
Human stocks
“When I was on the board of the New York Times” - Prof G aka the dawg
“It’s the peanut butter and chocolate of the financial sector” (I love Prof G, currently in the middle of his newest book)
All I'm saying is they have about fifteen years to fix this shit or the masses are going to roll out the guillotines and eat the rich feet first. Society depends on them fixing this to give younger generations a chance or it all comes apart at the seams.
my wife died by suicide and was acutely aware of all of these problems.
☹️😞
Dude my condolences:( she would want you to keep on living your best life for her
Deep condolences
Scott Galloway is a rockstar and his books are fantastic! He says the shit no one wants to hear, but is the truth.
Most of what he says are ringing a bell with what my sociology professor was preaching like....20 years ago? Prophetic lol.
None of these trends are new. People in the know have been shouting "fire!" for decades. It's not about lack of knowledge, it's just lack of motivation. It's gonna have to get a LOT worse for a lot of people before things get better. Hold on to your butts.
Took balls going to a TED talk and dunking on old people. His target audience is in the comment section, but they definitely weren't in the bleachers.
They didn't much like the zinger he made about obesity and diabetes
They also didn't like the *80% of you will never need social security.* It pans to the audience and nobody is clapping.
It's like $10k to attend the main TED con.
[удалено]
Thanks for dropping the name. Didn’t know who this was and I’m digging his style. Care to share anything of his I should check out?
He has come out with few books over that past few years. His podcast with Kara swisher is awesome to keep up with tech and politics. Also his solo podcast prof g. Currently reading his new book now and it is wonderful.
He also has a couple of podcasts, Prof G and Pivot
I see more and more "senior" employees downright refusing to age out and retire while hoarding the wealth of experience and knowledge meant to be passed down to the next generations making half of what they do so they can literally die at their desk/workplace due to the fact that they know social security won't help them maintain their current lifestyle they've built off the backs of our cheap labor. It's caused nothing but resentment. Try sweating your ass off running a machine for 12 hrs a day in the heat for 20 years and everytime you glance over there's some boomer sitting in a chair playing solitaire in the air conditioning making double your wage and still complaining all day plus they won't train you to excel for fear you'll make them obsolete. They know very well how they've ruined the future for everyone after them due to their selfishness and lack of accountability. All they're worried about is "getting theirs" and the hell with everyone else. It's like babysitting a 60 year old toddler who won't tell you the password to open the door to success.
Why can’t we elect someone who thinks like this guy for President? Wtf?
Even if he was President he wouldnt be able to fix much of this. The President is relatively weak on domestic issues. Congress and state legislatures matter a lot more.
Your local elections matter far more than most people can comprehend. While federal legislation is incredibly important, it's always going to have massive limitations. Your local elections decide who your judges are, who your school board is, and who your local legislature is. To translate that: Your local elections decide how your local police are trained and how your courts act; your local elections decide what your kids are taught in school, if there's a policy to help them when they're being bullied, how to respond to emergencies (such as the ever-increasing number of school shootings), and how many resources your school and the teachers will have to actually teach your children, your neighbor's children, everyone in your local area. Your local elections decide not only your local laws and how they're enforced, state legislatures have a lot of power; you may remember that one of the election theft plans from Republicans was to set a precedent that Republican-led state legislatures (which are the majority because most states have a lot of empty land that we've given power over people) can ignore their state's popular votes and send electors for whatever candidate they want; state legislatures and governors are needed to ratify constitutional amendments which is why we haven't had a new constitutional amendment in decades despite the radical changes in American life and politics in those years. Your local elections not only influence everything about your day-to-day life in ways that it's really hard to see but also can influence decisions on a national level. Your local elections are incredibly important. Your local primaries are probably some of the least attended political events in the country because so few people pay attention to them, but those decide who gets to run for an office. If you get to the polls and say, "There are no good candidates," well, that was decided at those primaries. And you may feel powerless to affect change at a national level, but in your county? In your town or district? You really do have a lot of say if you're an informed voter. More if you're able to volunteer time. Even more if you're lucky enough to have the privilege enough to be able to run. The presidency takes up all of the headlines. Congress makes most of the talking points. But local elections do a lot to decide how to steer the country. And we've spent decades barely paying attention to them. "Go out and vote," isn't enough. Know what you're voting for, know what you're voting for, and if you have the opportunity, vote in the primaries, help out a candidate you think will really do good work. I know how much it sucks. I live in an area where most positions, there 1-man races with a hardcore right-wing candidate running unopposed in something like half the races. It sucks and it feels unwinnable at times, but it can be done. You can make a difference.
Because our politics is riddled with money. Campaign reform now.
if we want change we literally need to vote everyone currently in congress out this year. We won't do that because so many people are convinced their congressman/woman is good and cares about them, Meanwhile pelosi has made nearly $4million so far this year
We don’t even need to do that. If we were sane and organized as an electorate, we could collectively call their offices and let them know it if they don’t vote the way we want, we’ll find someone who will. But, alas, not only can we not agree on what is the greater good, most don’t even bother to vote. Ugh! Sometimes I despair for this country.
that wont happen because the political parties will continue the status quo and not offer an alternative, and third party candidates don't get media attention and therefore no money nor votes
Revolution is coming. It is basically inevitable at this point. There is no situation where those in power just surrender to the masses and admit that the system needs to undergo a reformation. It will not be peaceful.
Marx said the same about the masses rising up back in 1848, and was proven wrong.
Exactly why I don't want to have kids. First time I've heard of this guy and he said the quiet part out loud. Glad I watched this TedxTalk. He is a genius.
I can't believe I watched a 12 minutes video on reddit
You can thank u/Urmomsjuicyvagina
Let him cook
While there are many issues he notes, there is a core issue here that keeps that ball rolling. He said it was intentional and it is. The kind of greedy people that don’t give a shit about others is how they got to be in power. As long as that’s an effective pathway to power, enough power will be held by people that don’t give a shit to prevent anything from being done about it. The first step to replace the people with ones that would actually be on board with something helpful would be to make it less profitable to be in those positions while preventing the rich from ensuring their own candidates have major advantages. limiting lobbying, campaign contributions, and buying stocks. Unfortunately that will never happen as the ones who would need to make that decision are the ones that would be negatively impacted by it. This wasn’t the first step but our dystopian corporate-owned future was set in stone the moment the Supreme Court ruled on the Citizens United case in 2010. This country is pretty much done for now, industry and government will do just enough to keep people from revolting and they’ll continue down this path until they lose the ability and it all crashes, that is our future. We’ve been on this path for my entire millennial life and its halfway gone now with no indication of a light at the end of the tunnel so I see no reason why it would pop up out of nowhere. There’s just too much precedent for it to go any other way but down this road.
I don’t agree with all of Mr. Galloway’s proposed solutions - 1) Social Security is part of the social contract to support our elderly and infirm, he seems to want to destroy it as he frames the program as a wealth transfer. Capital gains exemptions, low taxation on the wealthy, and bailouts are the *true* wealth transfers of our age. Social Security can be saved with some modifications to the age and payout figures, and remain solvent for decades to come. And, 2) He’s also off-base on his push for term limits; pushing out experienced congresspeople just adds to the power of lobbyists drafting the national agenda. Instead of term limits, the focus needs to be on repealing Citizens United, automatic voter enrollment, federal ranked choice voting, apolitical committee-based districting (removing political gerrymandering), and reform of congressional committee appointment requirements. That being said, Mr. Galloway ABSOLUTELY nails it on the issues facing our country’s youth - internet anonymity, affordable housing, wage stagnation - it’s all there. All in all, a great TED talk and hopefully a wake-up call to apathetic voters. **Edit:** before anyone suspects I’m a boomer for the critiques I have regarding his social security / term limit proposals, I’m 38. They’re flawed proposals in an otherwise outstanding TED talk.
Great critique. Agree that term limits on elected representatives is counter-productive, as we can vote them out. One area where term limits might be useful is SCOTUS.
Agreed, SCOTUS differs in that they’re lifetime appointments and have led to political corruption (funny, in that the founding fathers wanted lifetime appointments to prevent corruption and make the judges beyond partisan rancor - how the times have changed!) on the high court. Term limits or expanding the number of judges would go a long way to fixing it.
> 1) Social Security is part of the social contract to support our elderly and infirm, he seems to want to destroy it as he frames the program as a wealth transfer. Capital gains exemptions, low taxation on the wealthy, and bailouts are the true wealth transfers of our age. Social Security can be saved with some modifications to the age and payout figures, and remain solvent for decades to come. And, Watch the video. He says to base it on need. The elderly and infirm don't need financial support if they're rich. Jesus christ just watch the video or don't comment
The other one is required national service. “Ideas so good they have to be mandatory”.
He doesn't want to destroy Social Security, he wants to reform it to aid people who need it instead of throwing more money at people who don't, as he says in his presentation.
Yup he lost me at the end with all the ban this, ban that. Sorry just because you have some great points doesn’t make you the gatekeeper of what people get to choose to do.
Ironic that he called out Pelosi for her inability to understand a young woman's issues then went full Boomer on technology bans. I'm sorry, but you don't fix these issues with law, you fix it with culture and education.
Can he run for president? Please
He'd stab himself 16 times in back before that ever happens
I‘m not bringing more kids into this.
The people with answers and solutions are never in charge. Only the greedy.
I just acquired a house with parents helping with down payments. I’m absolutely ashamed, but my mom kept comforting me. I don’t think I will ever do as well as my parents are doing.
Do not be ashamed because they are 100% aware of the situation And they are securing a future for you, They want you to retire at your own place, They know that's the least they can owe you because of all that's happening, accept that and invite them to that house party. Never be ashamed, Get some pets or plant and enjoy your little Paradise
My wife and I (late 40s) had zero help from either of our families when it came to buying a home unlike pretty much everyone we know it seems. But we were lucky and bought in the early 2000s when prices were still sane. It's not a great place but at least it's something and we've steadily improved it over the last 20 years. I firmly believe that the only way my kids will ever be able to afford a home is if my wife and I are able to help them. I don't know how much help we'll be able to afford but we intend to do what we can.
I mean, that's how many of the older generations acquired their properties. Your not that different.
Don't be ashamed, same happened to me. As my parents focused on securing my future, it's now my responsibilities to secure my children's future.
It’s only an 11min video, I’d highly recommend watching
Wdym? This video is 14min alone and cuts
Its amazing how much of that comes down to BUILD MORE HOUSING FFS!
Don't even really need to do that necessarily, just need to have a prohibitively expensive tax on ownership of houses that aren't being lived in by the owner. Maybe *one* exception for a single additional/vacation home. That would force all the 'investment' types to sell property to people who will actually live in it rather than it being rented for exorbitant prices or Air B&B'd or some such.
I’d vote for this tax to be implemented.
...there are 15 million vacant homes in this country already. Investors are hoarding them. If we build more, there needs to be a ban on re investors buying them.
There are powerful counter incentives that keep that off the table. When you build new houses you dilute the value of existing homeowners wealth. They always vote against it. Rising home values is a corner stone of our entire economies. We have hit the flaw in our system. It’s deep. No one wants to take the hit so we pass it on.
When I was 20 I bought a house for 72,000 on a 35k yearly salary. I’m 40 now and that house now goes for 277,000 last time I looked. 20 years.
A little over 10,000 a year in value, wow!
Young folks used to protest like fucking crazy in 60’s…
Young people should vote. Only way anything changes. And vote not just once, or just in the presidential elections either. Vote in every eligible election, every time. Politicians are “appointed” by voters - they only work for the people who show up at the ballot box.
Voting doesn't always help when your choices are just different variations of themselves who perpetuate these issues.
In the last general election (2022) in North Carolina, less than 25% of people ages 18-25 voted. In North Carolina, in the last general election, over 70% of people ages 66+ voted. Source: https://www.ncsbe.gov/results-data/voter-turnout/2022-general-election-turnout I guess we'll never know because, you know, voting doesn't always help.
That's not a rebuttal. They're saying there are no candidates to vote *for* that would actually properly represent them. If your choices are between old person #1 who wants to fuck you without lube, and old person #2 who wants to fuck you with lube, *both options are still old people who want to fuck you*. I vote because if I'm going to get fucked, I at least want the lube. But I'd rather vote for not getting fucked, unfortunately that's **not on the ballot.** You might say that's the young peoples' fault for not getting on the ballot... but how exactly are we supposed to do that? Most of us are on subsistence at best. We can't just quit our jobs to campaign. Even if we could, with what campaign funds? Campaigning isn't free.
BOOM! Holy Fuckin Shit.
Imo you’re half-right in that it takes more than voting - it takes activism and communication with the powers that be. But if you won’t vote they won’t listen. So I’d argue voting always helps. But also tell them what you want and let them know you’re pissed off and will vote them out. If you don’t vote they won’t care either way.
If you actually take part in primaries and local elections it eventually does. People need to stop just focusing on Presidential races.
This shit takes time. You keep voting on marginal improvements if you don't have an ideal representation. Rome wasn't built in a day.
Hehe, Americans have A or B to vote for. What a scam of a system.
Then vote in primaries and push for 3rd parties in smaller elections to build a electoral base.
Another reason I don’t have kids.
OPs username 😅💦
Is there a reason we don’t elect these types of mfs as presidents?
The national debt component is meaningless, it's a specter. It's petrogarchs and technocrats all the way down; psychological warfare by the elite class is now ubiquitous, supercharged by AI and imbibed with Machiavellian cynical nihilism
Spitting some gas, hot damn
I’m a successful 44 y.o. with no real economic issues to speak of. My wife gets upset when my 15 y.o. says she doesn’t want to have kids. I agree with her for every reason on this video. Every time I hear a “Millennials need to work harder, I want to shake them. I hope we are judged in the worst possible way because America deserves it. What a bummer.
Why do we no longer value the smart person in the room? I have seen Scott many times on Bill Maher. He talks too fast at times, but there are few people who not only know their shit, but have answers.
Deadpool speaking facts
I feel incredibly nauseous….
I just sent this to my dad op wtf 😬
My father in law doesn’t realize he values people on their higher education more than anything else. Every single person he talks to he wants to know about their college history and every story starts with the persons college credentials. It was WAY easier back then to get in. It was way cheaper.
What are his sources? Seems contradicted by recent work [https://www.federalreserve.gov/econres/feds/files/2024007pap.pdf](https://www.federalreserve.gov/econres/feds/files/2024007pap.pdf) Gen z is earning more than all previous generations at the same age.
I’ve listened to this Ted talk about 15 times in the past week and still hear something new every time.
Fuck that’s depressing
Baby boomers are the most entitled generation in a century
Wow!
My wife and I both work in TV (she's on-air and I'm behind the scenes) and together make $120k. We have two little girls (4 and 1) and one on the way. We have been lucky until recently with her mom being able to watch the kids so we can go to work. However now we have to actually find childcare for them, and it isn't cheap. We crunched the numbers and we were floored by the cost. It's been causing a lot of stress in our house because we are unable to save anything anymore. I just don't get it...we have a mid sized family and make six figures in our household...and yet we still feel like we're paycheck to paycheck.
This is what happens when you allow corporations lobby legislators to pass bills. How can you say your country is free when how you live is decided by the wealthy minority?
Then the old out of touch losers running this shit heap of a society wonder why none of us want to have kids... Because you stole our future assholes! Fuck this entire scam society, I can't wait until it collapses into dust.
Maybe things will change when gen Z will rise to power ?
That wont be for another 30 years minimum.
[удалено]
Can this guy run for president?
what an incredible, insightful talk from Scott. North America is in an unacceptable state.