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» Why Aren't Millennials Spending? They're Poorer Than Previous Generations, Fed Says
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post 1575817931 03-14-2019, 02:11 PM
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#61
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Originally Posted By RainingBlood
You say “lot so of these millennials”. I’m curious as to how many millennials you know with useless degrees?

I constantly see you guys talking about the majority of college students getting useless degrees. That isn’t the case. The overwhelming majority of people are in STEM or business, which are somewhat employable after graduating.
I live in Boston and I know a lot of millennials. i would say about half of the college students have some kind of STEM or business degree, and the other half chose medieval feminist studies/ barista basket weaving/ hippy economics

There is also a good chunk of people with STEM degrees that struggle to find jobs, but that's a whole separate topic.

Where do you/have you lived that this isn't the case?
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post 1575817941 03-14-2019, 02:11 PM
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And while they aren't exactly wrong, lol at people giving individual level advice for a macroeconomic issue. Capitalism works by people constantly buying chit. If every millennial really started living frugally and only spent money on the bare necessities, you'd have an economic disaster. The kind of advice you give to your friend is not something that really works when you apply it to a mass scale.
post 1575818251 03-14-2019, 02:15 PM
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Brb no meaningful jobs or decent pay for millennials
Brb old people hear this and think millennials are entitled whiners
Brb fuk boomers
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post 1575818331 03-14-2019, 02:16 PM
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#64
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Originally Posted By 78novacaine
Good luck affording a $150k mortgage on $40k a year. I have 120k financed on mine and with insurance/taxes it comes out to 1200 a month. At 40k a year you're barely clearing $600/week. That's half or more of your net income just going to housing and leaves you with ~$1200 for all other expenses. Not taking the millenials side here, just correcting this statement.
Mine is similar.

My mortgage is $1350 a month and I financed 170k. My house is 2460 sq ft but currently laying concrete for a 600 sq ft gym. So my total sq ft will go up to 3000. I make way more than 40k plus my wife makes decent coin too. We got plenty of cash to save and spend.

LOL @ millennials
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post 1575818541 03-14-2019, 02:18 PM
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Originally Posted By Anachron
Which area is that?
Metro New York
post 1575818681 03-14-2019, 02:21 PM
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Originally Posted By dj10show
And they killed Harley Davidson
Get what deserve for not collabing.
Not in the AM
post 1575818761 03-14-2019, 02:22 PM
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Originally Posted By MikeLowrrrey
No you aren't a millennial, look it up buddy. Those born after 95-96 are another generation.
Super common for people to mislabel gen z ppl as millennials. It's almost like "millennial" has just become the new code word for people that are new to the workforce. The oldest millennials are creeping up on 40 now.
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post 1575820021 03-14-2019, 02:40 PM
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Originally Posted By Anachron
I believe this argument has sailed on the first page of the thread. The list included LA SF, and NY.
The argument on the first page doesn't address my point. Moving is not a practical option for many who have a specialized degree. It doesn't make sense because your bottom line usually doesn't improve, and you will mostly likely limit your career growth potential. Roughing it out and working hard/advancing through a company is much more practical. It takes a good amount of time though.
post 1575820291 03-14-2019, 02:43 PM
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Originally Posted By Anachron
I believe this argument has sailed on the first page of the thread. The list included LA SF, and NY.

What's the specialized field?

There's more than three major centers in the US.
Chicago is on the cheaper end of the spectrum. Texas seems like a good place.

I'm sure there's a couple of other underrated cities that I don't know of.
post 1575820851 03-14-2019, 02:50 PM
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Originally Posted By MoeBettuh
Super common for people to mislabel gen z ppl as millennials. It's almost like "millennial" has just become the new code word for people that are new to the workforce. The oldest millennials are creeping up on 40 now.
It's just the new code word for everyone that's getting boned by boomers. Harley going under because they make overpriced, ****ty motorcycles. ****ing millennials. Housing and education bubbles, ****ing millennials. Phones and avocado toast. ****ing millennials.
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post 1575821771 03-14-2019, 02:59 PM
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Originally Posted By MikeLowrrrey
Chicago is on the cheaper end of the spectrum. Texas seems like a good place.

I'm sure there's a couple of other underrated cities that I don't know of.
Texas has been on my mind for a while tbh. Ive been hearing a lot about Dallas. I am working hard lately to advance enough in my career to be able to land the right position in an area like that. Having kids makes stability my immediate priority though. I won't move them around unless I find something secure and too good to pass up.
post 1575822021 03-14-2019, 03:02 PM
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Originally Posted By dj10show
And they killed Harley Davidson
really?


GOOD IM FUKKING GLAD
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as seen here: https://forum.obnoxiousbrutes.com/showthread.php?t=180019913&p=1636230303&viewfull=1#post1636230303
post 1575822291 03-14-2019, 03:05 PM
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#73
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Originally Posted By HairyWBush
really?


GOOD IM FUKKING GLAD
I'm glad too, their products are ****. But the point is that millennials didn't kill Harley Davidson, they killed themselves by making overpriced, underpowered **** that nobody wants to buy except for boomers living in perpetual mid-life crises.
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post 1575828411 03-14-2019, 04:31 PM
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Originally Posted By Rajc
baby boomers are so retarded on avg it's ridiculous

https://forum.obnoxiousbrutes.com/showt...6676481&page=1
They're not dumb, they're just getting old and their brain isnt as sharp as ours. I kinda notice it in my parents and their boomer friends.
post 1575828651 03-14-2019, 04:34 PM
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Originally Posted By Anachron
Do you mean not everyone is entitled to a three car garage, 3000 sqft mansion in LA?
Not just that, sitting through 4 years of college you paid for with other people's money rather than worked for doesn't even entitle you to a job.

The nerve of capitalism.
post 1575828831 03-14-2019, 04:36 PM
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Originally Posted By Anachron
This can be done today too.
A job that pays a LIVABLE wage that doesnt require special training like medical school/law/nursing/pharmacy?

What unicorn of a job is this? All of the "right out of college" jobs are entry level "just a hair above minimum wage" tech and clerking jobs and certainly not a livable wage.
post 1575828971 03-14-2019, 04:38 PM
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Originally Posted By Adam16121
In my area 400k gets you a small fixer upper. Moving to a low cost of living area means taking a huge paycut, and losing a lot of career advancement potential. Big companies that require my skill set do not employ in small towns in the middle of nowhere. This is true for a lot of peope with specialized/ "useful" degrees.
Sounds like you made a poor career choice then. Is the location requirement of your job your fault for picking it, or are you a horribly disadvantaged victim of the mean world.

If you choose a career field that specialized that doesn't allow you to comfortably afford a 400k home, you're an idiot.
post 1575829131 03-14-2019, 04:40 PM
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Originally Posted By Maestro
A job that pays a LIVABLE wage that doesnt require special training like medical school/law/nursing/pharmacy?

What unicorn of a job is this? All of the "right out of college" jobs are entry level "just a hair above minimum wage" tech and clerking jobs and certainly not a livable wage.
Plenty. I'm riding the light rail right now and looking at an advertisement trying to hire mechanics at $32.07/hour. You don't advertise on a train if you have plenty of qualified applicants. Also hiring bus drivers at $24.57/hour.

Edit to add- bus driver has 2k signing bonus
post 1575829411 03-14-2019, 04:44 PM
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Had a related conversation with my boomer retired neighbour recently. He says our countries economy would collapse without foreign backpackers because young Australian's are too lazy to pick fruit.
Lol at completing 12 years of school minimum to end up picking fruit for a 'living.'
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post 1575830301 03-14-2019, 04:59 PM
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Originally Posted By soaponarope1
Plenty. I'm riding the light rail right now and looking at an advertisement trying to hire mechanics at $32.07/hour. You don't advertise on a train if you have plenty of qualified applicants. Also hiring bus drivers at $24.57/hour.

Edit to add- bus driver has 2k signing bonus
Can you go to college, take on student loan debt, graduate, get hired for one of those $24/hr jobs and be able to have a mortgage and a family and car payments like a boomer would have been able to (except in his case he wouldn't have even needed a college degree)
post 1575830811 03-14-2019, 05:06 PM
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Originally Posted By Maestro
Can you go to college, take on student loan debt, graduate, get hired for one of those $24/hr jobs and be able to have a mortgage and a family and car payments like a boomer would have been able to (except in his case he wouldn't have even needed a college degree)
You could do none of those and get these jobs. 24/hr can buy you a house and support a family if you're financially smart.

Going to college is a choice. Taking student loans is a choice. Buying a car in payments is a choice. Sorry you're disappointed with your life choices.
post 1575832171 03-14-2019, 05:27 PM
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Originally Posted By soaponarope1
You could do none of those and get these jobs. 24/hr can buy you a house and support a family if you're financially smart.

Going to college is a choice. Taking student loans is a choice. Buying a car in payments is a choice. Sorry you're disappointed with your life choices.
If its that easy then why arent more people doing it?

Also, my financial situation is fine, but I know lots of people who are not doing to well despite having a 4 year STEM degree.
post 1575832201 03-14-2019, 05:28 PM
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Because spending money on pointless **** doesn't make you happy.
post 1575833511 03-14-2019, 05:42 PM
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Originally Posted By Anachron
Because it's easier to whine and complain than to actually get it done.

A quick look at the tradie hate on misc is also a good indicator.
^^

I see it among my friends and family too. Bitch about a situation, blame it on others, but don't take any action.

Sure our generation got a bit ****ed by the economy. Grow some balls and take control of your own life or complain. Easier to complain.
post 1575834141 03-14-2019, 05:51 PM
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and lil ol' me over here sitting with $75k in savings...
post 1575850061 03-14-2019, 09:50 PM
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Originally Posted By Caeculus
that feel when unable to afford a home because of inflated market caused by boomer retard speculators just buying up sheit and letting it sit empty and millions of third worlders dilluting labor market supply suppressing your wages, no sense of community, constantly surrounded by foreigners and strangers, realizing that having a traditional happy family with a wife and kids that love you is an adolescent fantasy that no longer exists since women have been lead to believe that their 20s should be better spent "working" making pointless power points or some useless sheit for $15/hr and taking hormone birth control pills destroying their reproductive system and comitting fornication with a large crowd of 50+ men being told sex not the sacred act of creating a new life but it is instead just something for fun like a "sport" or "experience" and fornication "empowering" when it really just destroys their ability to love or trust or bond with any future husband. When you realize your life is meaningless and when you die nobody will even notice you're gone. Surrounded by ugly brutal concrete structures and asphalt everywhere you look. Suffocating from the pressure around you you can't do anything without permission from big daddy government. All the "food" sold at the stores is filled with soy and unnatural amounts of sugar and chemicals and hormones and herbicides and pesticiedes and wrapped in testosterone destroying plastics and everything you touch is made of xenoestrogen chemicals intended to destroy you. View any media and get constantly bombarded with anti you propaganda promoting the most vile perverted degenerate filth beyond anything you could even imagine in your worst nightmare then you're being called a bigot "ist" or "phobe" for not thinking it is normal or good for a healthy society. Sedated by pornography readily given for free to distract you from your pain and loneliness . Tell a doctor you don't feel well and just get dosed with anti depression drugs to better deal with the sick society you're thrust into and turning you into a soulless meat puppet zombie living your days in a disassociated state until you just end it yourself or overdose on narcotics or alcohol. But we live in America the greatest country to ever exist, just pull yourself up from your bootstraps, gotta love living in America the greatest civilization to ever exist right ?
Victim, victim, victim, victim, victim, victim, victim, victim, victim, victim, victim, victim...

Unfortunately there is truth to what you say, there is certainly enough reasons out there to place the blame of not living the life you want on everything but yourself. But it isn't the whole truth. There's opportunity out there in many forms, we live in a time when you can pick pretty much any skill to master or lifestyle to live and have a good shot being able to live life following your passion. These days though everyone wants it all, the family, the career, the money, the peace, as if it's all supposed to just be handed to you on a plate. There has never been a time when this has been true, never in history has it been easy.

For those who want it all then they have to be prepared to fight for it all, there's a lot of others who want it too. But being successful doesn't require you treading the same path as everyone else, though, if you keep focusing on the flaws in the system you'll never find the opportunity that is there, in whatever form it may come in.

If you think of yourself as a cog in the machine that's because you have turned yourself into a cog in the machine. Failures are never positive people, maybe think about why.
post 1575850221 03-14-2019, 09:53 PM
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Anyone in this thread could start a shopify trial and with $200 make atleast a min. $1000 extra a month. then put the funds into buying a full membership and refill stock sell more. Just to lazy to learn most guys would rather complain and be entertained by porn, fap pics, memes, movies, tv shows, etc.

Hell I see kids making more than most of the lazy fcks on this forum, selling artwork/ arts and craft jewelry and rings, etc and reviewing toys.
I just want to share the knowledge I have obtained throughout my life and hopefully change someone's life.
post 1575850381 03-14-2019, 09:56 PM
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Originally Posted By dj10show
My conspiracy theory is that will be the next thing to "crash". The middle class is already being priced out of education and real estate. Then, the powers that be are going to tank the market and crush off hopes of retirement for everyone. Obviously while making **** tons of money for themselves in the process.
If you believe this, you should put your money where your mouth is.
post 1575852881 03-14-2019, 10:40 PM
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It's the result of the millennial attitude. It's really that simple.

Although it's hard to believe, coming here on the Misc. Early 20's, tens of thousands in the bank, high positions right out of college, making six figures... unheard of when I was in my early 20's.
post 1575853861 03-14-2019, 10:59 PM
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Wow one article, I am sold! Victim complex overload. Sitting back on the computer: "Things are so much harder now that's why I am failing". Just no. It's probably coming from the same people who refuse to get early experience, do trades/certificates and just expect a degree in arts should entitle them to instant work with decent pay. The same people who live beyond their means, can't budget and still have to buy the pop brands. Same people who can afford to be on the internet all day.

People with visions of grandeur because of social media celebs not willing to work @ sh*t tiers for years and get themselves up. Must have everything now. Yes there are economical shifts, for example the housing market where I am is a shambles but every generation goes through the same graphs. Adapt, weather the storm, others do it and many people have it a lot worse.

I still see plenty of employment opportunities where I am, but apparently that work is beneath everyone. And lol at ending a debate with: "If you don't agree with me then I won't talk to you". This sort of childish mindset is what people are talking about.

I have a family friend with a law degree who is driving an uber, they aren't b*tching and whining. He has adjusted his lifestyle, budget and housing ambitions. They will wait until the upswing which inevitably happens.
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