Yes, and I don’t think you’re alone in that. I think the Gen Xers that benefited were the ones who got in on the ground floor of the technology sector in the decade prior to the dot.com boom and bust. But people in lots of other fields aren’t doing nearly as well. We supposedly have full employment, but there are plenty of college educated Gen Xers who lost the value of their 401Ks to the post-Reagan stock market instability and corporate malfeasance like the Enron scandal AND who aren’t going to get shit out of Social security and medicare.
Our grandparents and the baby boomers benefited from the postwar economic expansion, but the generations since have not, because of Reaganomics. This is doubly true for people of color, whose parents had less wealth to pass on.
Yes, and people forget that fact. And we got treated like we were all whiny, special little snowflakes, too, just as the millennials are being treated now.
Yep. For my field, tenure is going away and many jobs are now lecturing positions (with higher number of classes to teach per semester) or adjuncting positions (paid per class). Many boomers got a phd and then went straight into a tenure track job, because so many people were getting a college degree in the 60s and 70s. The expectation was that it would continue to do so, but clearly,the whole house of cards is going to come crashing down around our ears with the student debt issue.
Didn’t think so! I think these are all ideas worth discussing and thinking about. As I said, I think all our generations have more in common than we think.
I can’t disagree. I’m trying to think of something similar from our generation, and I really can’t. This might be a thing unique to millennials or post-millennials.
Right isn’t this also the more general acceptance of consumerism and the elimination of the concept of authenticity from youth culture? But I guess we could also say it’s about how “branding” for individuals is now a thing.