A plea to Generation Vexed: Overcome the desperation of non-deprivation

posted at 1:25 pm on August 30, 2011 by Tina Korbe

The Los Angeles Times has coined a new term for the generation presently aged 18 to 29: “Generation Vexed.” The term captures all the economic anxiety, the future-related frustrations, the delicate disgust with disappointed expectations of those who grew up accustomed to comfort, but came of age in the midst of a financial crisis. The label soberly cloaks what was formerly the “Self-Esteem Generation,” that group of supremely self-satisfied youngsters who were taught to regard themselves highly, regardless of whether they had done anything to deserve high regard; who classified themselves always and irrelevantly as “winners”; who assumed any completed assignment at all was worthy of an “A.”

A connection? I think so.

Sure, we didn’t ask to be pumped full of pride as clueless kids. And no, we didn’t ask to enter the workforce when unemployment was upwards of 8 percent. Certainly, we never begged to inherit $14 trillion in national debt. But we fell into the trap of using all of these ready circumstances outside of our control as excuses for our own inexpert and imperfect maturation. We thought our mere existence assured us a life of luxury — and, when life taught us otherwise, we did what bratty adolescents always do. We blamed our parents.

And because our parents were of that utterly irresponsible generation, the Baby Boomers, because they actually did buy into psychobabble when they parented us as babies, because they did concoct financial instrument on top of financial instrument, because they did run up the national debt, the narrative made sense. They were to blame for the nation’s problems and we, the innocent, stood to suffer for their selfishness.

Somehow, we’ve even managed to garner a reputation as an unprecedentedly responsible generation, as the generation to revive faith in something greater than ourselves, as the generation to introduce a libertarian-leaning fiscal conservatism to the federal government, as the generation to sidestep self-destructive behaviors out of an-almost boredom because we’ve grown up on gadgets and so find alcohol, drugs and promiscuity to be a little, well, passé.

And perhaps all of that is true of us: I certainly hope so, and I think it’s possible we will achieve positive results as we come to power and influence. But I’ve also heard it repeatedly said — or feared — that we will be the first generation to be forced to accept a standard of living lower than that of our parents. And I want to explore why.

Is it because we’re the first generation to face a challenge not of our own making? Hardly. Every generation has inherited the good, the bad and the unasked-for from the previous generation. Think of the children of the American Revolution: Opportunity abounded, but so did danger and scarcity. The children of the Civil War: Fathers were absent for the years of the war and often never came home, leaving kids without male role models. More recent generations inherited the Great Depression and two World Wars that, while a boon for the economy, were nevertheless no ideal inheritance. So, it’s not that.

Is it because we view “standard of living” from the prism of a perfectionistic materialism? That seems a little more likely. Somewhere along the line, the American Dream — which once encompassed the deeply rooted desire to live free from intrusive government intervention, to govern ourselves, to express religious beliefs without fear of government reprisal — was reduced to just the material — the car, the house, the kids (with or without the spouse, as though marriage is simply for personal fulfillment, as though children are the equivalent of pets!). And as long as the American Dream was just material, the means by which it was achieved no longer mattered. Hence the experiment in redistribution of wealth undertaken by FDR and his philosophical successor, LBJ.

And if that’s all we, Generation Vexed, are going for — an ever-more material American Dream — then, yeah, we’ll have a lower standard of living than our parents because we’re on the losing end of the New Deal and the Great Society. That is, we’re entering the picture just as the worker-to-retiree ratio has begun to be unsustainable, just as entitlement programs are about to go bust, just as the art of war has changed in such a way as to no longer galvanize the country and the economy in the way it once did.

But those of us who were born or grew up in America are still the least-deprived generation to ever live. If anything, that’s what’s tripping us up. We think we’re down and out because a cushy career at a non-profit didn’t court us (I’m not making this up — that’s the example the Los Angeles Times gave as representative of Generation Vexed).

Yes, we’ll have to make difficult choices. We might have to forgo expensive educations in favor of affordable state schools, might have to work a little harder or a little longer than we expected, might have to settle for a smaller first house. But I don’t buy it that we have to put off marriage or our entrepreneurial dreams. Who says money is the biggest predictor of marital success? (For the record, according to research from the Gottman Relationship Institute, it’s not.) And the economy is always receptive to added value.

In other words, we don’t have to accept a lower standard of living: We just need to redefine in our minds what it means to live well, have courage, take risks — and see in our “deprivation” an opportunity to create. We need to remember a life is more than the material, revive pleasure in learning, pleasure in striving, pleasure in celebrating successes with family and friends.

Maybe it’s cliché to say it, but whether we outstrip our parents in freedom, happiness and prosperity is all in our attitude.

(H/t to Mark Steyn for the headline and to The New American for the article that made me think about this in the first place.)

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Comment pages: 1 2

More like generation spoiled…

PatriotRider on August 30, 2011 at 1:29 PM

Spoiled brats. Two words to sum up all of the above.

abobo on August 30, 2011 at 1:29 PM

PatriotRider on August 30, 2011 at 1:29 PM

You steal my first again and I’ll end ya!!

abobo on August 30, 2011 at 1:29 PM

What is the name of the generation for my kids? Ages 1 to 17? Generation Debt?

I hate to say it but every generation born after 1946, including my own, has had money, drugs, and psychologic issues. Maybe its…a values and moral problem?

Oil Can on August 30, 2011 at 1:32 PM

Maybe it’s cliché to say it, but whether we outstrip our parents in freedom, happiness and prosperity is all in our attitude.

Well! You seem to have turned out ok. Kudos to your parents and to you!

Vince on August 30, 2011 at 1:34 PM

More like Generation Text
That’s all they do.
The kids at work, can not go 10 minutes without checking out their phone, then texting.

carbon_footprint on August 30, 2011 at 1:34 PM

Let’s not forget that image, especially the portrayal that one is financially better off than they actually are, has been taught to the Vexed generation as the best way to earn respect. Because of this mentality, personal debt is at an all-time high. That trend will continue since image is tied to self-esteem.

jediwebdude on August 30, 2011 at 1:35 PM

I don’t want no stinking social security.

blatantblue on August 30, 2011 at 1:36 PM

My plea to Generation Vexed: Get off the Playstations or Xbox whatevers, and get into the real world once in a while!

Vashta.Nerada on August 30, 2011 at 1:36 PM

Very well written, Tina. Our generation is sadly filled with people never given a chance to succeed by parents who over-coddled us, generally speaking.

Red Cloud on August 30, 2011 at 1:37 PM

What is the name of the generation for my kids? Ages 1 to 17? Generation Debt?

I hate to say it but every generation born after 1946, including my own, has had money, drugs, and psychologic issues. Maybe its…a values and moral problem?

Oil Can on August 30, 2011 at 1:32 PM

D-Generation?

Chip on August 30, 2011 at 1:37 PM

Can someone please explain to me what exactly is a lower standard of living? What will this Generation Vex be without that we currently have today?

NotCoach on August 30, 2011 at 1:37 PM

More like Generation Text
That’s all they do.
The kids at work, can not go 10 minutes without checking out their phone, then texting.

carbon_footprint on August 30, 2011 at 1:34 PM

Amen!!!

Knucklehead on August 30, 2011 at 1:40 PM

And no, we didn’t ask to enter the workforce when unemployment was upwards of 8 percent. Certainly, we never begged to inherit $14 trillion in national debt.

You as a generation voted overwhelmingly for President SCoaMF, so, yeah, you kind of did ask for this. So enjoy the abbondanza!

Kensington on August 30, 2011 at 1:42 PM

One other major thing that has been lost by most of this- and the preceding- generation: the work ethic. Not when we are ‘working’ at something we really enjoy; when it isn’t really ‘work’. So many of our unemployed are that- not because they can’t find ANYTHING- but because they can’t find something the WANT to do, or at a pay they DEEM acceptable. They’ll sit, collecting unemployment to the very end, rather than take that fast food or Wal-Mart job.

The Chinese and illegal immigrants have something beyond being ‘cheap’ they still have the work ethic we left behind. And the jobs will follow the work ethic. And THAT will lead to the utter collapse of this country, every bit as much as the generations of living beyond our means on money borrowed from others who know better.

michaelo on August 30, 2011 at 1:43 PM

Can someone please explain to me what exactly is a lower standard of living? What will this Generation Vex be without that we currently have today?

NotCoach on August 30, 2011 at 1:37 PM

Well, it’s not like everyone in ‘Generation Vexed/Gen Y’ is middle class/upper middle class. People who have a smartphone, an HDTV, a few game consoles, a tablet PC and a desktop but complain about not getting a cushy internship right out of Brown, yeah, they’re probably just spoiled brats.

But the kids who were told that a college education was a key to success, but now have graduated into a job market that doesn’t need or want them while they are being crushed by a mountain of student loans? I wouldn’t exactly call that the good life.

Good Solid B-Plus on August 30, 2011 at 1:44 PM

Funny, everyone calls them spoiled brats but they are just a product of the way there were raised right? I live in a neighborhood infested with helicopter parents, disgusting to watch

gator70 on August 30, 2011 at 1:45 PM

What will this Generation Vex be without that we currently have today?

NotCoach on August 30, 2011 at 1:37 PM

ambition

DanMan on August 30, 2011 at 1:46 PM

Generation Wrecked: The Generation That Made Obama Their Hero And Obammunism “The New Normal”

Good Lt on August 30, 2011 at 1:47 PM

But the kids who were told that a college education was a key to success, but now have graduated into a job market that doesn’t need or want them while they are being crushed by a mountain of student loans? I wouldn’t exactly call that the good life.
Good Solid B-Plus on August 30, 2011 at 1:44 PM

But isn’t that relative? What will this generation not have that we or Boomers currently have? Shortened lives? Fewer gadgets? No cars? Smaller homes?

NotCoach on August 30, 2011 at 1:48 PM

michaelo on August 30, 2011 at 1:43 PM

I think a huge problem in America is the fact that people don’t want social mobility.

They want to work a job at wal mart for tons of money. They want to be teachers and get a CFOs pay.

People want to work town jobs for 20 years and then receive a pension forever.

We have developed this mentality that there should be no upward mobility; that you should just get whatever job and expect the world for it. People that are wealthy step stones. They continue upward. They change and evolve. Most Americans want to take any ol job and make the big bucks.

blatantblue on August 30, 2011 at 1:49 PM

The outcome has more to do with how the parents raised the children. Here in flyover country the majority of parents teach their children about the real world. No one owes you anything, life is not fair, work hard and you will eventually succeed. Failure is just a lesson on your road to success, expect it. Charity is only for those who need it, you do not, so give gratefully and cheerfully. What you do is not as important as how well you do it. Work does not define who you are. There is no such thing as work to low for you to do. Character is more important then money or power. Honor is a lifelong ambition. The simple life is not easy but it is the most rewarding.

IowaWoman on August 30, 2011 at 1:50 PM

I have told my young toddler and newborn that they are Generation Screwed. Sorry about that economy crushing debt that your Grandparents’ generation ran up!

search4truth on August 30, 2011 at 1:51 PM

Speaking of “generation vexed”, I live near a college campus.

Classes started this week and while driving and walking around the campus, I noticed that almost every one of the kids walking around are staring down at and noodling on their i-Phone/i-Phone clone thingie, totally oblivious to the world around them.

It was amazing-like a scene from a bad science fiction movie.

We’ve become a society of electronic-digital zombies.

Dr. Carlo Lombardi on August 30, 2011 at 1:51 PM

ambition

DanMan on August 30, 2011 at 1:46 PM

Perhaps. But I think this notion of having less is nothing but catch phrase nonsense. Perhaps this generation will create less wealth or allow other nations to surpass us. But in terms of access to goods and opportunities they will still most likely be better off. The things that we have today do not disappear when we die. At the very least Generation Vex will maintain.

NotCoach on August 30, 2011 at 1:52 PM

Generation No One Gives a $hit.

It seems to me that all these ‘Gen fill-in-the-blank’ things are nothing more than built in blanket excuses because life is hard and it isn’t fair…

Waaaaaaa….

BigWyo on August 30, 2011 at 1:55 PM

abobo on August 30, 2011 at 1:29 PM

Speed typer…

PatriotRider on August 30, 2011 at 1:55 PM

In the words of Dennis Leary, “Get a f*&’n helmet!”

massideas on August 30, 2011 at 1:57 PM

I heard the same in the early 90s when I was in college. Our future was working at MCDonalds. 5 years later every 25 year old was – per MSM – a .com millionaire.

angryed on August 30, 2011 at 1:57 PM

I call it “Generation Me”

ButterflyDragon on August 30, 2011 at 1:58 PM

We’ve become a society of electronic-digital zombies.
Dr. Carlo Lombardi on August 30, 2011 at 1:51 PM

It’s scary. They cannot maintain any situational awareness. Could go and cold cock any of em and take their belongings. They’d have no idea what was coming.

blatantblue on August 30, 2011 at 2:00 PM

I’ll accept that “success” will look fundamentally different, but not while policymakers shovel more national wealth into the hands of bankers and other financial and corporate elites. The nation is not poorer – our population and resources have not diminished. Only numbers on paper tell us that we’re poorer. I say erase those numbers on paper, at the expense of the financial and corporate elites. Rip up every mortgage and raise the capital gains tax. Let working poor and middle class families retain national wealth at the expense of the corrupt governmental/corporate complex.

ernesto on August 30, 2011 at 2:01 PM

You as a generation voted overwhelmingly for President SCoaMF, so, yeah, you kind of did ask for this. So enjoy the abbondanza!

Kensington on August 30, 2011 at 1:42 PM

Hey, come on now. Don’t lump us all together just because of our age. That’s something liberals do… age, race, religion, nationality, etc. etc.

Red Cloud on August 30, 2011 at 2:01 PM

The Chinese and illegal immigrants have something beyond being ‘cheap’ they still have the work ethic we left behind. And the jobs will follow the work ethic

Second generation illegals don’t have the work ethic. First generation illegals are subsidized by tax money received by their anchor babies.

Chinese are a different story.

Oil Can on August 30, 2011 at 2:01 PM

Tina, the world wars were destructive to the economy, not a boon. The boon was a combination of our competitors blowing each other up and scrapping as much of the New Deal as was possible after the war.

Count to 10 on August 30, 2011 at 2:01 PM

IowaWoman on August 30, 2011 at 1:50 PM

Very well said.

Dr. Conservative on August 30, 2011 at 2:02 PM

The problem may NOT be so easy to overcome because the issues outlined are the result of a BELIEF system.

Somewhere along the line, this generation confused the belief that that “anything is possible” for the notion that “everything is expected”. Turning that kind of programming back around is a tricky thing to do.

Pavlov’s dog is easily conditioned to see every bone as one to be eaten, and salivates unconditionally. Training the same dog to solve problems and learn more complex tasks is an entirely different proposition.

For the human animal, success can ONLY be understood after failure.

T-ball anyone?

singlemalt 18 on August 30, 2011 at 2:03 PM

The label soberly cloaks what was formerly the “Self-Esteem Generation,” that group of supremely self-satisfied youngsters who were taught to regard themselves highly, regardless of whether they had done anything to deserve high regard; who classified themselves always and irrelevantly as “winners”; who assumed any completed assignment at all was worthy of an “A.”

This attitude is nothing new.

I taught English at a small state university from 1969-72. Many kids regarded me as their enemy as soon as they got hit with a C- on an essay. Why, they had always gotten As and Bs on all their papers before!

Once during final exam week, I took a break from grading final exam essays and strolled into a colleague’s office. I found him sitting at his desk staring at the wall and asked, “What’s up?”

He explained that an absolutely hopeless kid in one of his freshman-comp classes had just stopped by to ask what his final course grade would be. My colleague told him, “You failed every one of the 10 essays during the semester. You failed the research paper. I just graded your final-exam essay. It is also an F. Your final grade in the class will therefore be an F.”

The kid–shocked–replied, “How could I have failed the class, when I came to every class meeting and turned in every assignment on time?”

Owen Glendower on August 30, 2011 at 2:04 PM

Can we stop with the naming of generations already? Please?

Akzed on August 30, 2011 at 2:05 PM

I’m incredibly tired to hear that my generation is full of whiners and brats who don’t want to work hard, want to lounge around, and want six figures right out of college. I’m at the upper end of the spectrum (29) and have been in the workforce trying to get a job, but it has been awful for me with my grad. degree and five years experience. I’ve gone into career agencies and recruiters and been snottily told that since my “skills” are two years out of date, that I should be grateful to get a temp job doing data entry or copying for $10/ hour. Luckily, I can so no thanks because my parents are willing to put up with me and I have savings, but I could see people being desperate enough to take that deal and end up in a dead end situation. Not only is there great unemployment among the 20-somethings, but there is also many of my contemporaries who end up taking less than desirable positions. If you have a degree in business and end up making lattes at Starbucks, then you have a right to be crabby IMHO.

Illinidiva on August 30, 2011 at 2:05 PM

But those of us who were born or grew up in America are still the least-deprived generation to ever live.

Sadly, I’d argue that this generation is the most deprived than those before it. I was lucky enough to have been born when Eisenhower was president. When there was no such thing as political correctness and you wouldn’t be sued for saying the pledge. We all played in the street after dinner and rode our bikes to school not worried about some serial pedophile on the non-existent internet. I didn’t have to push 1 for English and my brothers, not some illegal, mowed the yard. We had celebrations like the 4th of July that we could celebrate without being called racists because we didn’t include Ramadan or Kwanza or some other ridiculous PC correct holiday. You never saw “Happy Holidays”. It was always “Merry Christmas”. No we didn’t have I-pods/pads/ and I-et al., but at least I lived during a time when America really was a shining city upon a hill.

TxAnn56 on August 30, 2011 at 2:05 PM

They’ll sit, collecting unemployment to the very end, rather than take that fast food or Wal-Mart job.
michaelo on August 30, 2011 at 1:43 PM

Well at $300 plus a week for 99 weeks they are being enabled. Wal-Mart is only part-time with 13 to 24 hours a week at $8.50 and hour. The politicians need to quit catering to these people but then you would see the unemployment rate got to 16%!

Vince on August 30, 2011 at 2:06 PM

I’ll accept that “success” will look fundamentally different, but not while policymakers shovel more national wealth into the hands of bankers and other financial and corporate elites. The nation is not poorer – our population and resources have not diminished. Only numbers on paper tell us that we’re poorer. I say erase those numbers on paper, at the expense of the financial and corporate elites. Rip up every mortgage and raise the capital gains tax. Let working poor and middle class families retain national wealth at the expense of the corrupt governmental/corporate complex.
ernesto on August 30, 2011 at 2:01 PM

Well, I already knew you were mentally unstable, but now you are just being stupid. Who do you think finances those mortgages? You, and everone that has money in the bank does. Rip up those mortgages, and your bank account goes to zero. Raise the capital gains rate and you will only get less tax revenue, less investment, and less opportunity.

Count to 10 on August 30, 2011 at 2:07 PM

I heard the same in the early 90s when I was in college. Our future was working at MCDonalds. 5 years later every 25 year old was – per MSM – a .com millionaire.

angryed on August 30, 2011 at 1:57 PM

It is a ridiculous notion really that the next generation will ever be so deprived that they all end up working at McDonalds. Besides the fact that people do not live forever there will always be demand for replacements in the work force. And no matter how spoiled our children are a significant number will eventually figure out how to get off their asses.

The real danger lurks in surrendering our freedoms to the government and the government eventually displacing entrepreneurship and innovation. At some point the inefficient government collapses under its own weight and people have to learn all over again how to make due on their own. That danger certainly exists here, but we aren’t there yet. Generations Vex Vy and Vee will do fine for the most part but there will always be brain dead intellectuals trying to portray the next generation as totally boned.

NotCoach on August 30, 2011 at 2:07 PM

Let working poor and middle class families retain national wealth at the expense of the corrupt governmental/corporate complex.

ernesto on August 30, 2011 at 2:01 PM

That sounds better in the original German:

Workers of the World, Unite!

Vashta.Nerada on August 30, 2011 at 2:08 PM

ernesto on August 30, 2011 at 2:01 PM

Stop watching Fight Club ernesto. It is only making you dumber.

NotCoach on August 30, 2011 at 2:09 PM

Count to 10 on August 30, 2011 at 2:07 PM

If you’ve got your money in a big zombie bank, what else can you expect? Those banks are insolvent anyway. It’s like social security. You keep telling me its insolvent, and we should get out while the going is good. But too-big-to-fail banks? Gosh, we HAVE to prop them up, or we’re all goners!

ernesto on August 30, 2011 at 2:09 PM

Not only is there great unemployment among the 20-somethings, but there is also many of my contemporaries who end up taking less than desirable positions. If you have a degree in business and end up making lattes at Starbucks, then you have a right to be crabby IMHO.

Illinidiva on August 30, 2011 at 2:05 PM

Ever heard of going to work while looking for a better position? This is exactly what Tina is talking about. The whining instead to actually working on a solution for yourself is demonstrated right in your comment. Quit freeloading off of your parents!

Vince on August 30, 2011 at 2:10 PM

My generation has had to deal with Global Warming… And by deal with I mean constantly point out Al Gore’s lies…

I understand you Tina. I am considered Generation X and I was always thinking most of the Xers were idiots or losers or both.

jeffn21 on August 30, 2011 at 2:11 PM

Lol ernie. Tear up every mortgage. Great idea. Free houses for everyone. That will fix everything.

angryed on August 30, 2011 at 2:12 PM

They may be spoiled, but it is us who did the spoiling.

If you let your kids get away with the “self esteem is all that matters” attitude of the public schools, you did it.

If you didn’t teach your kids about hard work and getting ahead both by word and by example, you did it.

If you didn’t teach them about politeness, honor, and sacrificial love, you did it.

If your family fell apart because of putting your needs ahead of the rest of the family, you did it.

If you didn’t teach them the value of money, and that is the reward of work and not just something that magically appears, you did it.

Fortunately for me, I didn’t do it.

jnials on August 30, 2011 at 2:12 PM

As I said, how can a country with just as many resources, and a larger population, be poorer simply because of numbers on paper? We’re still 300 million+ of the most educated, most productive human beings on planet earth. I refuse to accept that because of numbers on paper, drawn up by corrupt politicians and corrupt bankers, future standards of living must fall.

ernesto on August 30, 2011 at 2:13 PM

ernesto on August 30, 2011 at 2:01 PM

Generation Gap (between the ears)

singlemalt 18 on August 30, 2011 at 2:13 PM

Dang newfangled technology:

That sounds better in the original German:

Arbeiter der Welt, vereinigt euch!

(Workers of the World, Unite!)
Vashta.Nerada on August 30, 2011 at 2:08 PM

Vashta.Nerada on August 30, 2011 at 2:14 PM

Lol ernie. Tear up every mortgage. Great idea. Free houses for everyone. That will fix everything.

angryed on August 30, 2011 at 2:12 PM

“Darn, that didn’t work. Guess we need another year zero!”

NotCoach on August 30, 2011 at 2:14 PM

Very well said.

Dr. Conservative on August 30, 2011 at 2:02 PM

Thanks :)

IowaWoman on August 30, 2011 at 2:15 PM

Lol ernie. Tear up every mortgage. Great idea. Free houses for everyone. That will fix everything.

angryed on August 30, 2011 at 2:12 PM

You like to argue that with lower taxes, families would have more spending money. Without a mortgage to pay, they’d have much, much more. The banks brought this upon themselves.

ernesto on August 30, 2011 at 2:16 PM

ernesto on August 30, 2011 at 2:13 PM

I am going to ask you too because I have asked everyone else in this thread: How exactly will future standards of living be lower?

NotCoach on August 30, 2011 at 2:16 PM

Let working poor and middle class families retain national wealth at the expense of the corrupt governmental/corporate complex.

ernesto on August 30, 2011 at 2:01 PM

Che is dead and so is your brain.

Vince on August 30, 2011 at 2:17 PM

An alternate title could be WELCOME TO LIFE!

GarandFan on August 30, 2011 at 2:18 PM

If you’ve got your money in a big zombie bank, what else can you expect? Those banks are insolvent anyway. It’s like social security. You keep telling me its insolvent, and we should get out while the going is good. But too-big-to-fail banks? Gosh, we HAVE to prop them up, or we’re all goners!
ernesto on August 30, 2011 at 2:09 PM

Way to change the subject. Of course, the problems with the banks are inevitable simply because of the nominal withdrawal on demand system we use that makes it possible for banks to “fail” in the first place. To really fix it, we would have to change savings accounts into shares in a pool of mortgages so that the value could fluctuate with conditions. Not that that has anything to do with your desire to take wealth from those who contribute more than they consume and give it to those who consume more than the contribute.

Count to 10 on August 30, 2011 at 2:19 PM

If you’ve got your money in a big zombie bank, what else can you expect? Those banks are insolvent anyway. It’s like social security. You keep telling me its insolvent, and we should get out while the going is good. But too-big-to-fail banks? Gosh, we HAVE to prop them up, or we’re all goners!

ernesto on August 30, 2011 at 2:09 PM

Do what you want with your money.

Unlike with SS, you have a choice on where you want to put it.

The problem with SS is that there is no choice.

Good Lt on August 30, 2011 at 2:19 PM

So Tina, you have read Mark Steyn’s new book. What did you think of it?

Skandia Recluse on August 30, 2011 at 2:20 PM

We’re still 300 million+ of the most educated, most productive human beings on planet earth.
ernesto on August 30, 2011 at 2:13 PM

This may be one of the 1st things you’ve got wrong. Your posts even sound entitled!

India, China, Malaysia, Japan, Brazil, South Korea… are a few societies that are beating us at our own game. They may not be as wealthy YET, but they are gaining fast.

singlemalt 18 on August 30, 2011 at 2:20 PM

Let working poor and middle class families retain national wealth at the expense of the corrupt governmental/corporate complex.

ernesto on August 30, 2011 at 2:01 PM

This means you won’t be voting for Obama again, though.

Good Lt on August 30, 2011 at 2:21 PM

As I said, how can a country with just as many resources, and a larger population, be poorer simply because of numbers on paper? We’re still 300 million+ of the most educated, most productive human beings on planet earth. I refuse to accept that because of numbers on paper, drawn up by corrupt politicians and corrupt bankers, future standards of living must fall.
ernesto on August 30, 2011 at 2:13 PM

Oh, look, neo-luditeism.

Count to 10 on August 30, 2011 at 2:22 PM

Ever heard of going to work while looking for a better position? This is exactly what Tina is talking about. The whining instead to actually working on a solution for yourself is demonstrated right in your comment. Quit freeloading off of your parents!

Vince on August 30, 2011 at 2:10 PM

1.Temping for $10/ hour doesn’t look good on a resume; it makes you poison when it comes to real positions. I have a MBA in finance, but have found that since I don’t have any experience in general finance, that I cannot get corporate finance interviews.

2.If you’re currently working a job, it is nearly impossible to actually conduct a full time job search. My job search literally is my full time job right now. With a cheap-o temp job, I’d be unable to go on interviews when I needed to or talk with recruiters, etc.

3.I’d still be freeloading off mom and dad as it is impossible to rent an apartment and pay bills (gas, utility, groceries, etc.) on near minimum wages. $10 is great for a college student looking for school spending money, but it is impossible to actually live on that.

Illinidiva on August 30, 2011 at 2:22 PM

I call it “Generation Me”

ButterflyDragon on August 30, 2011 at 1:58 PM

I’m in this generation and you’ve hit it on the head. Many people in my age group are very entitled and really don’t work very hard. Granted, as someone said above, there are no jobs anyway since the boomers destroyed the economy. But if you think GenY is anything special, they’re definitely not. This is the generation of beer and circuses, nothing more.

IR-MN on August 30, 2011 at 2:23 PM

As I said, how can a country with just as many resources,corrupt politicians stop our use and a larger population,corrupt politicians want less population be poorer simply because of numbers on paper?corrupt politicians and corrupt bankers have their own math We’re still 300 million+ of the most educated,corrupt politicians and corrupt Unions have degraded education most productive human beings on planet earth. thanks to Capitalism I refuse to accept that because of numbers on paper, drawn up by corrupt politicians and corrupt bankers, future standards of living must fall.

ernesto on August 30, 2011 at 2:13 PM

Silly, you answered you own questions!

IowaWoman on August 30, 2011 at 2:24 PM

1.Temping for $10/ hour doesn’t look good on a resume; it makes you poison when it comes to real positions. I have a MBA in finance, but have found that since I don’t have any experience in general finance, that I cannot get corporate finance interviews.

2.If you’re currently working a job, it is nearly impossible to actually conduct a full time job search. My job search literally is my full time job right now. With a cheap-o temp job, I’d be unable to go on interviews when I needed to or talk with recruiters, etc.

3.I’d still be freeloading off mom and dad as it is impossible to rent an apartment and pay bills (gas, utility, groceries, etc.) on near minimum wages. $10 is great for a college student looking for school spending money, but it is impossible to actually live on that.

Illinidiva on August 30, 2011 at 2:22 PM

Plenty of people before have found ways to work full time and look for other work.

Hint: It’s going to require that you do a lot of work after-hours and that you be smart and creative with your time off.

Good Lt on August 30, 2011 at 2:25 PM

Is it because we view “standard of living” from the prism of a perfectionistic materialism? That seems a little more likely. Somewhere along the line, the American Dream — which once encompassed the deeply rooted desire to live free from intrusive government intervention, to govern ourselves, to express religious beliefs without fear of government reprisal — was reduced to just the material — the car, the house, the kids (with or without the spouse, as though marriage is simply for personal fulfillment, as though children are the equivalent of pets!). And as long as the American Dream was just material, the means by which it was achieved no longer mattered. Hence the experiment in redistribution of wealth undertaken by FDR and his philosophical successor, LBJ.

Someone has something backwards. Those were the precursors to the other problems. The reason generation Baby Boom thought that all those things would be no problem for themselves with the help of government assisted generational theft.

astonerii on August 30, 2011 at 2:27 PM

Bring back Selective Service! Two years as a GI, like it or not!

ExpressoBold on August 30, 2011 at 2:28 PM

Illinidiva on August 30, 2011 at 2:22 PM

1. Just an excuse.

2. Just an excuse.

3. Still just an excuse.

singlemalt 18 on August 30, 2011 at 2:29 PM

As I said, how can a country with just as many resources,corrupt politicians stop our use and a larger population, corrupt politicians want less population be poorer simply because of numbers on paper?corrupt politicians and corrupt bankers have their own math We’re still 300 million+ of the most educated,corrupt politicians and corrupt Unions have degraded education most productive human beings on planet earth. thanks to Capitalism I refuse to accept that because of numbers on paper, drawn up by corrupt politicians and corrupt bankers, future standards of living must fall.

ernesto on August 30, 2011 at 2:13 PM

Bolded are the only ones who can force you to do anything.

As for corrupt unions dumbing down the workforce, choke on it. All you do all day is bash the conservatives and the GOP.

Corrupt unions are members of the Democrat party, ATMs for the Democrat party, support the Democrat party and will die with the Democrat party. And they’ve destroyed the quality of public education in the country with the aid and acquiescence of the Democrat party.

For every finger of blame you’re pointing at people, ten are pointed back at you.

Good Lt on August 30, 2011 at 2:29 PM

Plenty of people before have found ways to work full time and look for other work.

Hint: It’s going to require that you do a lot of work after-hours and that you be smart and creative with your time off.

Good Lt on August 30, 2011 at 2:25 PM

Temp jobs don’t give time off. (Unless you want to be fired).

Illinidiva on August 30, 2011 at 2:30 PM

You like to argue that with lower taxes, families would have more spending money. Without a mortgage to pay, they’d have much, much more. The banks brought this upon themselves.

ernesto on August 30, 2011 at 2:16 PM

If you don’t want to pay a mortgage, don’t.

What’s the problem?

Good Lt on August 30, 2011 at 2:31 PM

The ones I work with have no problem with privacy issues at all. Their phone number’s on Facebook? Meh. Google Chrome+ is a spying agent? Meh.

SouthernGent on August 30, 2011 at 2:31 PM

Temp jobs don’t give time off. (Unless you want to be fired).

Illinidiva on August 30, 2011 at 2:30 PM

Then work full-time somewhere.

Work the job-hunting into your schedule. You’re gong to have to work hard, and nobody’s going to hand you anything. I did. Millions upon millions did it before me and continue after me.

Welcome to real life.

Good Lt on August 30, 2011 at 2:32 PM

From the linked article at New American :

Twenty-year-old Alicia Thomas, a political science major at UC San Diego, thought she had the next 10 years of her life planned out: career at a nonprofit organization; married at 24; her first home at 26, and then children.
. . .
“I’ve changed my major so many times, not knowing which will help guarantee a stable income, health insurance and the ability to put my kids through college,” said Thomas.

Sounds like the US liberal version of Japan’s ‘salaryman‘.

Skandia Recluse on August 30, 2011 at 2:35 PM

So your link on marital success says one thing: Do what the woman thinks makes a good marriage, and all is well.

Do what a man thinks makes a good marriage, and all is h*ll.

Also, definitely don’t try any of this stuff until you are married. There are totally different rules to dating.

scotash on August 30, 2011 at 2:35 PM

What is the name of the generation for my kids? Ages 1 to 17? Generation Debt?

Oil Can on August 30, 2011 at 1:32 PM

How do you say that in Chinese? Hindi?

MJBrutus on August 30, 2011 at 2:37 PM

But isn’t that relative? What will this generation not have that we or Boomers currently have? Shortened lives? Fewer gadgets? No cars? Smaller homes?

NotCoach on August 30, 2011 at 1:48 PM

That is easy. They will never have that education that previous generations had growing up. They will be forced to relearn thousands of years of wisdom in the short span of a few years. Along the way, they will make many mistakes and suffer many trials, all due to a generation who did not want to leave America a future, one that just wanted their present.

astonerii on August 30, 2011 at 2:37 PM

Ernie,

Tax cut = i keep my own money.

Free houses = welfare.

See the difference?

angryed on August 30, 2011 at 2:41 PM

That is easy. They will never have that education that previous generations had growing up. They will be forced to relearn thousands of years of wisdom in the short span of a few years. Along the way, they will make many mistakes and suffer many trials, all due to a generation who did not want to leave America a future, one that just wanted their present.

astonerii on August 30, 2011 at 2:37 PM

If that actually happens then I would count Generation Vex as eventually being far wealthier than their predecessors.

NotCoach on August 30, 2011 at 2:41 PM

1.Temping for $10/ hour doesn’t look good on a resume; it makes you poison when it comes to real positions. I have a MBA in finance, but have found that since I don’t have any experience in general finance, that I cannot get corporate finance interviews.
Illinidiva on August 30, 2011 at 2:22 PM

Go into sales. You can make a great living in financial sales. You can also get an analyst position or similar with a brokerage or bank. It won’t be $100,000 a year but if you perform well it will grow to that or better.

Vince on August 30, 2011 at 2:43 PM

The outcome has more to do with how the parents raised the children. Here in flyover country the majority of parents teach their children about the real world. No one owes you anything, life is not fair, work hard and you will eventually succeed.
IowaWoman on August 30, 2011 at 1:50 PM

Very well said, #2.

I also made a point of telling my son to ask himself, “What am I going to do to make money for somebody else?” Important to be able to do that, so that the “somebody else” can give you a check every week.

Not so important to be able to do that if you’re working for a non-profit, I guess.

Owen Glendower on August 30, 2011 at 2:45 PM

Kensington on August 30, 2011 at 1:42 PM
Vashta.Nerada on August 30, 2011 at 1:36 PM
blatantblue on August 30, 2011 at 2:00 PM

Generalities are a terrible thing. It’s a trait I hate in liberals and I was hoping one that wouldn’t permeate conservatism.

Red Cloud on August 30, 2011 at 2:01 PM

Exactly!

I’ve worked a job at least part time since I was 14 and I’ve held a full time job every summer throughout my schooling. I’ve always kept up with the news as well so that I’d be as smart of a voter possible and make the right decisions. I’m not some lazy jerk and I hate the general assumptions being made in these comments. I’m not looking for a pat on the back either I just hate guilt be association.

Illinidiva on August 30, 2011 at 2:30 PM

Work an overnight job at a grocery store and do interviews in the morning, sleep during the day. It’s really not that hard…

angelwing34215 on August 30, 2011 at 2:49 PM

And no, we didn’t ask to enter the workforce when unemployment was upwards of 8 percent.

Certainly, we never begged to inherit $14 trillion in national debt.

Since a majority of your demographic cohort voted for Obama, you certainly did.

bgoldman on August 30, 2011 at 2:49 PM

Temp jobs don’t give time off. (Unless you want to be fired).

Illinidiva on August 30, 2011 at 2:30 PM

You can work days or you can work nights or a combo of them but you can still find time to post your resume on many different resources on the internet. Recruiters will find you especially with your MBA.

I know you can’t move out and live off of $10 an hour but you can while your at home. Try sales while you have this opportunity. Women do great in sales and you can get a salary plus commission.

You can’t start at a high salary, you have to work your way into it. Your ability to earn an MBA will impress recruiters.

Vince on August 30, 2011 at 2:50 PM

Then work full-time somewhere.

There aren’t any full-time positions out there. I have an MBA with five years experience and I cannot find anything other than temping. So please don’t make this sound like this is the someone whining over not getting a six figure job out of school.

The point that I was making is that there aren’t jobs out there and the jobs that are being created are generally low paying and isn’t that great. Yes, some young adults have unrealistic expectations for what they should be doing and what they should get out of school. But please, let’s not be all condescending and talk about how young adults are somehow lazy and overindulged because they didn’t go to college to make lattes at Starbucks.

Past generations really screwed my generation out of their inheritance. They structurally damaged the country and ruined the American dream, which yes, Tina, is and always has been partially about economic opportunity. (My ancestors emigrated because they were starving to death in Ireland). Many of my contemporaries see the unemployment stats, weak economic growth, and debt burden and are wondering if we’re going to spend most of our adult lives flipping hamburgers, making coffee, and copying and filing because these are the only types of jobs that are economy is creating.

Work the job-hunting into your schedule. You’re gong to have to work hard, and nobody’s going to hand you anything. I did. Millions upon millions did it before me and continue after me.

Welcome to real life.

Good Lt on August 30, 2011 at 2:32 PM

Umm… this is condescending. I’ve lived in the “real world” for almost a decade. I had five years corporate experience before I decided to go back to graduate school and pursue a MBA. It was a very dead-end dues paying sort of job, and I went back to school because I didn’t see any real opportunities for development in that position. It was the sort of position that one could spend their whole career stuck in; it was at a bad company and in a bad department. All I am looking for right now is a good job that has a real path to success and is related to my degree. I’m sorry if these are huge sacrifices and somehow deem me as a spoiled brat. (Eyes roll).

Job searching is a full time job and a very tiresome and soul crushing one at that. My parents are willing to support me for a while while I look for a good fit. (They’d prefer I live with them for four to six months while I search full time rather than have me live with them on a semi-permanent basis because I’m stuck in a $10/crappy job.)

Illinidiva on August 30, 2011 at 2:57 PM

Generalities are a terrible thing.

angelwing34215 on August 30, 2011 at 2:49 PM

That comment is a generality itself!

You cannot navigate through life without making generalizations.

Generally speaking.

Kensington on August 30, 2011 at 2:59 PM

we’ve grown up on gadgets and so find alcohol, drugs and promiscuity to be a little, well, passé.

God love ya, but gadgets are lame compared to the alcohol, drugs and promiscuity.

disa on August 30, 2011 at 3:01 PM

Go into sales. You can make a great living in financial sales. You can also get an analyst position or similar with a brokerage or bank. It won’t be $100,000 a year but if you perform well it will grow to that or better.

Vince on August 30, 2011 at 2:43 PM

I went into Finance because I really shouldn’t be selling anything; I’m really bad at it. Although I do get enough commission only financial advisor/ life insurance salesman spam emails that I have to block.

I don’t want to make six figures; I want a regular financial analyst job in a company so I can put forecasting, budgeting, etc. on my resume and tout my practical experience in that.

Illinidiva on August 30, 2011 at 3:01 PM

Temp jobs don’t give time off. (Unless you want to be fired).

Illinidiva on August 30, 2011 at 2:30 PM

Outside of a horrifying (and lengthy) bout of unemployment I suffered right after Odowngrade was elected, I’ve worked temp jobs for the last decade.

I never had trouble getting time off when needed. It’s one of the perks of being a temp, in my experience.

Kensington on August 30, 2011 at 3:02 PM

And because our parents were of that utterly irresponsible generation, the Baby Boomers, because they actually did buy into psychobabble when they parented us as babies, because they did concoct financial instrument on top of financial instrument, because they did run up the national debt, the narrative made sense. They were to blame for the nation’s problems and we, the innocent, stood to suffer for their selfishness.

I’m confused. Who is the “we” here? I’m of the baby boomer generation, and I haven’t seen kids young enough to be my kids leading the Tea Party movement. What I’ve seen is a generation of idiots who voted for the Bamster.

disa on August 30, 2011 at 3:05 PM

1.Temping for $10/ hour doesn’t look good on a resume.

Illinidiva on August 30, 2011 at 2:22 PM

Not being employed looks worse. And why would you put your salary/wage on your resume in the first place? Just don’t. If you’re filling out an application, and they ask you what your last job paid, leave it blank.

Kensington on August 30, 2011 at 3:05 PM

Looks, folks, I know that some of Generation Vexed didn’t vote for Ozero, but I’m sorry, the vast majority of you did, and if a little Schadenfreude over the fact that lots of you are suffering now because he is a SCoaMF is wrong, I don’t want to be right.

If you didn’t vote for him, I’m not talking about you or enjoying your misery.

If you did, however, *giggle*

Kensington on August 30, 2011 at 3:09 PM

And if that’s all we, Generation Vexed, are going for — an ever-more material American Dream — then, yeah, we’ll have a lower standard of living than our parents because we’re on the losing end of the New Deal and the Great Society.

How old are you, Tina? Because the 20-somethings in my company are busy making babies without a license – a marriage license, that is. Aren’t they a drag on the milky breasts of America?

I think this is a poorly thought-out essay.

And FWIW liberals are the ones who always make it about money and material goods, because speaking of God is so laaaaaaaaaame…

disa on August 30, 2011 at 3:09 PM

I went into Finance because I really shouldn’t be selling anything; I’m really bad at it. Although I do get enough commission only financial advisor/ life insurance salesman spam emails that I have to block.

I don’t want to make six figures; I want a regular financial analyst job in a company so I can put forecasting, budgeting, etc. on my resume and tout my practical experience in that.

Illinidiva on August 30, 2011 at 3:01 PM

Ok! Then what you are trying to say is that there are no jobs out there that fit your criteria. The job you want is not available. That’s not the past generation’s fault as you stated earlier. You just haven’t found the specific job you want.

Pssst. You may have to take a different position and work at getting what you’re really looking for. Get your resume posted and tell the recruiter exactly what you want. Then he/she will hopefully be good enough to give you enough facts to help you make a decision on what you need to do to get there.

Vince on August 30, 2011 at 3:11 PM

Kensington on August 30, 2011 at 2:59 PM

Fair enough… Still I don’t like being cast into a group that does the exact opposite of what I do, especially when it attacks my character.

angelwing34215 on August 30, 2011 at 3:11 PM

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