A generation accustomed to financial challenges is dealing with their recession fears through wry TikToks and by swapping cost-cutting suggestions online.
Millennials are worried they are about to experience a “once-in-a-lifetime” recession. Again.
Dire economic downturns are supposed to be rare, but millennials — defined by the Pew Research Center as those born between 1981 and 1996 — have already had several recessions during formative stages of their lives, from the dot-com bubble burst when most were children, to the Great Recession as they entered the workforce after college, to the Covid-19 pandemic when they were trying to settle into their careers.
Once dubbed the “unluckiest generation,” millennials have postponed major milestones during past recessions. A significant slice of them graduated college between 2007 and 2009 and struggled to find jobs, which led them to delay buying homes, getting married, and making major purchases, such as cars. Then, after the pandemic led to another sharp recession, some millennials, contending with student loans and rising costs of living, decided to rethink having kids.
That’s a weird way of writing “millenials are ready to bring back the guillotine”
Have I mentioned I still can’t afford a house? K. Thx
19000 dollars just to birth a kid without insurance.
Time to DIY!
I hope they realize this is different.
The world is selling off our debt and the bleed out has begun.
This is the loss of the world’s reserve currency status. This is waaaaayyy beyond what they have ever experienced and will ever experience.
I’m willing to bet the euro will take its place.
This is going to be a depression, not a recession.
The good news is that this isn’t a once-in-a-lifetime event. The bad news is that this is a once-in-an-empire event. At least we get to witness a key turning point in the US empire. Pose for the history books!
Millennials were fucked repeatedly by the economy and still are and now other generations. But nah let’s let these boomer assholes just destroy everything and turn the country into a giant trailer park of inbreds.
This is such an easy problem to solve.
Let them repeal Medicare.
Within a month either half the boomers will be dying, OR, you’ll have an army of 5 million boomers charging the white house to gadaffi the orange fuck unless he gives them back their viagra.
Or.Suspend social security, if you want to guarantee the latter.
Those outcomes are the explicit reasons they HAVEN’T repealed those programs in the past. Gutted them several times over, turned them into money piles for The Rich, yes, but never, EVER actually tried to repeal them. They’ve campaigned against these programs for DECADES, screaming about how awful they are, how they’ll get rid of them and then everyone will be wealthy, for YEARS!!!
But they haven’t. As a political scapegoat, they’re too damn useful; they consistently get a major voting bloc motivated and just plain angry enough to head to the polls and knowingly, openly vote against their own interests. But more than that, they know that those same people, the ones frothing at the mouth against the immigrant, the queer, and the minority, are the ones who will suffer most should these programs fail, leading them to direct their anger at those who caused it.
And so, the programs persist, for should they actually fail, heads will roll…
Which is exactly why we should encourage them to grab that third rail with both hands and not let go.
I want to see a president face a real-time, physical referendum on their performance.
WTF? Only Gen Y lived through these things?
I just want a fucking house and freedom to live as I please
Cant say mellinials didnt vote for this. Basically a 50/50 vote between Trump and Harris.
This is an exit poll, not real numbers from the election.
I heard scrap mining electronics from the 2000’s is quite the rage.
When the housing crisis occured I remember having to find a job in that market. It took me close to 5 years to “recover”. It sets you back when almost everyone you know can’t get a job.
This time around there’s real talk from industry leaders to just have AI do intelligent work. It does not really matter if they can if the elites just want to burn their money and not pay anyone. The money gets siphoned up not spread around this way. At least it feels like it.
Because of the last couple of world changing events, the family has been getting pretty good at canning, food saving, water saving, and knowing our community. It helped out last two times things went to shit.
Get them to vote first and I’ll consider their worth.
Nah. This time they can’t blame the boomers for it.
