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Post Reply Millennials like myself are screwed
4315 cr points
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22 / M / Arizona
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Posted 12/14/15

VZ68 wrote:


I just remember what I had to pay for 100 minutes a month cellphone. :P


Dully noted . I hardly use my phone so that would prob be a good deal.
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6934 cr points
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In a basket of de...
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Posted 12/14/15
Yes, you are screwed. As countries are flooded with cheap labor, Jobs will pay less and be harder to find. Then there is robotics, that will replace most jobs within 20-30 years. http://robotenomics.com/2014/04/16/study-indicates-robots-could-replace-80-of-jobs/ What do you think will happen to the 8 billion+ people left without work? Hmmmm? Do you think governments and corporations are going to be supporting them? I doubt it. I don't see a very bright future for the average person of your generation, but who knows...
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13 / F / California
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Posted 12/14/15

Xxanthar wrote:

Yes, you are screwed. As countries are flooded with cheap labor, Jobs will pay less and be harder to find. Then there is robotics, that will replace most jobs within 20-30 years. http://robotenomics.com/2014/04/16/study-indicates-robots-could-replace-80-of-jobs/ What do you think will happen to the 8 billion+ people left without work? Hmmmm? Do you think governments and corporations are going to be supporting them? I doubt it. I don't see a very bright future for the average person of your generation, but who knows...


I have the soundtrack already.

https://youtu.be/TOEf63-nn-Y

Hard to believe that CD is over 20 years old now.

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21 / F / USA
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Posted 12/14/15
Yeah, millennials are screwed.

Their incomes are held down by cheap foreign and immigrant labor, their positions are being supplanted by robots and automation which while in the past resulted in business expansion to compensate for the lost jobs the increased regulation and government sanctioned monopolistic banking system has reduced the attractiveness of expansion, and an overabundance of near useless liberal arts degrees instead of STEM and business fields or technical certifications are also holding them down.

This will become VERY BAD in a decade or two when the baby boomers are still around collecting social security and medicare but without a financially stable middle class generation to support them.
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Posted 12/14/15
It isn't that bad once you own your own house. I keep track of my spending and it cost me less than $10,000.00 a year to live in LA county. Rent or a mortgage will eat up the bulk of your earnings. This was back in 2009 when due to my upbringing I was trying to save every nickle and penny I could to invest later down the road.

It wasn't the greatest way to live, but I had a roof over my head, a warm bed at night and a full stomach. Learning how to cook helps, it shouldn't cost more than $200 a month to have decent meals.

$19K is enough to live off of if you are only supporting yourself and nobody else even if you have to pay rent or a mortgage in most of the country. It isn't so bad that you are living off of peanut butter and jelly sandwiches and Top Ramen. Once you add in that second person you need to support, you are in trouble.

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13 / F / California
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Posted 12/14/15

Ravenstein wrote:

Yeah, millennials are screwed.

Their incomes are held down by cheap foreign and immigrant labor, their positions are being supplanted by robots and automation which while in the past resulted in business expansion to compensate for the lost jobs the increased regulation and government sanctioned monopolistic banking system has reduced the attractiveness of expansion, and an overabundance of near useless liberal arts degrees instead of STEM and business fields or technical certifications are also holding them down.

This will become VERY BAD in a decade or two when the baby boomers are still around collecting social security and medicare but without a financially stable middle class generation to support them.


There was a huge push back in the day that the US did not need to do lowly jobs and that we were at the very least a country that didn't need an industrial base, but commercial and ideas. We've gone from being able to put a man on the moon and building the world's fastest jet with slide rulers and huge brass balls to being unable to process steel and cotton and can't even lift a man to orbit.
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51 / M / Inside the Anime...
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Posted 12/14/15

VZ68 wrote:


Ravenstein wrote:

Yeah, millennials are screwed.

Their incomes are held down by cheap foreign and immigrant labor, their positions are being supplanted by robots and automation which while in the past resulted in business expansion to compensate for the lost jobs the increased regulation and government sanctioned monopolistic banking system has reduced the attractiveness of expansion, and an overabundance of near useless liberal arts degrees instead of STEM and business fields or technical certifications are also holding them down.

This will become VERY BAD in a decade or two when the baby boomers are still around collecting social security and medicare but without a financially stable middle class generation to support them.


There was a huge push back in the day that the US did not need to do lowly jobs and that we were at the very least a country that didn't need an industrial base, but commercial and ideas. We've gone from being able to put a man on the moon and building the world's fastest jet with slide rulers and huge brass balls to being unable to process steel and cotton and can't even lift a man to orbit.


Dammit VZ, you're going to make me cry.

We need to super focus the nation on a big gamble. Maybe putting a Tritium mining facility on the moon. "Look everyone, it's going to take our nation 10 years to do this, but after we do, we'll have enough power for 100,000 years at 1000 times our current consumption!!" Let's get up there and take it, one gamble to hit the big brass ring. Lets get together and take over the solar system. Screw oil, there's lots of free stuff in space (probably a lot a vacuum sucking flaming death as well). Once we get into the asteroid belt who's gonna argue with us? Stop messing with us or we'll drop this rock on you. 'Nuff said.
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51 / M / Inside the Anime...
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Posted 12/14/15

gildiin wrote:

It isn't that bad once you own your own house. I keep track of my spending and it cost me less than $10,000.00 a year to live in LA county. Rent or a mortgage will eat up the bulk of your earnings. This was back in 2009 when due to my upbringing I was trying to save every nickle and penny I could to invest later down the road.

It wasn't the greatest way to live, but I had a roof over my head, a warm bed at night and a full stomach. Learning how to cook helps, it shouldn't cost more than $200 a month to have decent meals.

$19K is enough to live off of if you are only supporting yourself and nobody else even if you have to pay rent or a mortgage in most of the country. It isn't so bad that you are living off of peanut butter and jelly sandwiches and Top Ramen. Once you add in that second person you need to support, you are in trouble.



Sage advice. Live like a pauper today, be a king tomorrow.
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13 / F / California
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Posted 12/14/15

Steelmonk wrote:


VZ68 wrote:


Ravenstein wrote:

Yeah, millennials are screwed.

Their incomes are held down by cheap foreign and immigrant labor, their positions are being supplanted by robots and automation which while in the past resulted in business expansion to compensate for the lost jobs the increased regulation and government sanctioned monopolistic banking system has reduced the attractiveness of expansion, and an overabundance of near useless liberal arts degrees instead of STEM and business fields or technical certifications are also holding them down.

This will become VERY BAD in a decade or two when the baby boomers are still around collecting social security and medicare but without a financially stable middle class generation to support them.


There was a huge push back in the day that the US did not need to do lowly jobs and that we were at the very least a country that didn't need an industrial base, but commercial and ideas. We've gone from being able to put a man on the moon and building the world's fastest jet with slide rulers and huge brass balls to being unable to process steel and cotton and can't even lift a man to orbit.


Dammit VZ, you're going to make me cry.

We need to super focus the nation on a big gamble. Maybe putting a Tritium mining facility on the moon. "Look everyone, it's going to take our nation 10 years to do this, but after we do, we'll have enough power for 100,000 years at 1000 times our current consumption!!" Let's get up there and take it, one gamble to hit the big brass ring. Lets get together and take over the solar system. Screw oil, there's lots of free stuff in space (probably a lot a vacuum sucking flaming death as well). Once we get into the asteroid belt who's gonna argue with us? Stop messing with us or we'll drop this rock on you. 'Nuff said.


Using mass drivers against civilian populations is prohibited by the Landsraad. LOL.

Nuclear power in the US is dead, Yucca mountain is a huge money pit, but at least a 20 piece mcnugget is only $5
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23 / M / Beyond The Wall
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Posted 12/14/15 , edited 12/14/15
The only advise I can give to my fellow millennials is
1.Find a stable job(Hospital work for example)
2.Cut unnecessary spending
and the most important one of all:
3.DO NOT HAVE ANY FUCKING KIDS UNTIL YOU ARE ABLE TO BRING A MINIMUM OF AT LEAST 50,000$ A YEAR!!!!


Ive been surviving and enduring on my own for two years following these three rules. Out of all my friends who have kids im the only one whos mostly not stressed about money since:
1.Its just me
2.If the worse happens, I can just slum it out alone until I get back on my feet. No one else will be brought into my suffering.

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20 / M / Bundaberg, Queens...
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Posted 12/14/15 , edited 12/14/15

HuastecoOtaku wrote:

I have a few friends who work 60+ hours just to make ends meet.


I can't even work 15 hours a week with my disability and how well i cope with stress and depression.

If i had to work for 60+ hours i would commit suicide because at that point life isn't even worth living to be honest...

and i don't take suicide as a light topic at all but to work that much would make life unbearable and so stressful that you would end up hurting others out of anger i mean atleast i would with all that pent up stress.
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20 / M / Bundaberg, Queens...
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Posted 12/14/15 , edited 12/14/15

dragontackle wrote:

The only advise I can give to my fellow millennials is
1.Find a stable job(Hospital work for example)
2.Cut unnecessary spending
and the most important one of all:
3.DO NOT HAVE ANY FUCKING KIDS UNTIL YOU ARE ABLE TO BRING A MINIMUM OF AT LEAST 50,000$ A YEAR!!!!


Ive been surviving and enduring on my own for two years following these three rules. Out of all my friends who have kids im the only one whos mostly not stressed about money since:
1.Its just me
2.If the worse happens, I can just slum it out alone until I get back on my feet. No one else will be brought into my suffering.



Problem is even with hospital work you need to work 60+ hours and that just isn't something everyone can do.
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23 / M / Beyond The Wall
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Posted 12/14/15 , edited 12/14/15

Ryulightorb wrote:


dragontackle wrote:

The only advise I can give to my fellow millennials is
1.Find a stable job(Hospital work for example)
2.Cut unnecessary spending
and the most important one of all:
3.DO NOT HAVE ANY FUCKING KIDS UNTIL YOU ARE ABLE TO BRING A MINIMUM OF AT LEAST 50,000$ A YEAR!!!!


Ive been surviving and enduring on my own for two years following these three rules. Out of all my friends who have kids im the only one whos mostly not stressed about money since:
1.Its just me
2.If the worse happens, I can just slum it out alone until I get back on my feet. No one else will be brought into my suffering.



Problem is even with hospital work you need to work 60+ hours and that just isn't something everyone can do.


True, I imagine if you went to school those hours would be ridiculous
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40 / M / USA
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Posted 12/14/15
All the more reason not to waste your youth kiddos. You have to fight for the scraps on the table, lest you be content with licking the plate.
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20 / M
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Posted 12/14/15
The problem is the lack of a work mentality. That 4-year degree in English or Art doesn't mean much in most of the real world. I think a lot of the social problems today caused by this. Think about the traditional family, my dad used to tell me about how everyone got up before dawn, work all day, then go to bed tiered after dark. My grandma wasn't just sitting around sewing and cooking and being a good little house wife, they lived on a farm and while grandpa was out in the fields she was feeding 9 kids, canning vegetables, mending cloths, doing taxes, and just keeping everyone sane. I'm not saying a traditional family is superior to any other type of family, just food for thought.
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