Posted on 06/01/2013 10:55:17 AM PDT by YankeeReb
I agree — I think the Millenials will skip over the Heroic behavior and fulfill the role of an Artistic generation.
http://green.autoblog.com/2009/08/26/cash-for-clunkers-final-numbers-690-000-vehicles-sold-2-8-bil/
690,000 cars. What that did was DOUBLE the price of every used car.
while I think a young person should look into buying a home at some point, the RE market (despite some recent blabber in a few prominent places) remains under substantial threat (if only from the millions of defaulted properties overhanging the market). And, most young buyers take out mortgages. This means they have to feel their incomes are secure. With the Great Obama Depression rampaging on (downwards) in full force .. and with no reversal or end in sight given his anti-business, anti-jobs policies continue sans any abatement or correction, many young people (who are, mostly, far from stupid) see the world for what it is now, and are not risking major purchases with long-term repayment commitments.
Who can blame them? Despite all the fears about the younger generation, they are exhibiting remarkable rational market behavior.
I do believe you have it right!
Maybe what this is showing is that generation is more sensible than we give them credit for. They did, after all, grow up seeing their parents struggle with housing and car payments, and they're already saddled (in many cases) with stupid college loans.
... because they are 12-13 years old now!
I’m 30 and I have both. Though I purchased them in a better economy.
These problems have been caused by the solutions big GuvCo progressives of BOTH parties originally put in place.
Now, we are to trust them to "fix" those problems with more of their "solutions"???
Time to get back to where we once belonged.
In the Millennials' defense, though, the Class of 1930 or 1933 came of age in a very bleak time, slogged through a decade of troubles, and then became part of that "Greatest" or "GI Generation."
A truly heroic challenge can help produce a heroic generation, though I wouldn't bet on it this time.
Well, if we find ourselves in a civil war, some folks are going to have to step up and be heroes, or else none of us will have a future.
And yet, how many of them love Obama, vote Democrat(if they vote at all), and feel that the country is on the right track as business and American corporations are hobbled by the new Marxism?
No one really owns their own home in America, they just rent it from the government. Why don’t I just let my landlord deal with all that and rent my home from him? Then again, I don’t understand boomers with their romanticized ideal of home ownership. Some of us could buy a home anytime we wanted to (I certainly could); we just don’t see it as worthwhile.
When told about a job at such and such a place, they complain they don't have cars or drivers licenses. When told to go out and get a drivers license, they come up with some other excuse..."I ain't got no money!"
I've got another cousin, brother to the first cousin. As a kid he lived across the road from where my first cousin lives. In Jr Hi and HS he worked for a farmer about 4 miles away. In HS he worked there 5-6 days a week. He rode his bike there every day, rain, snow or nice. That job paid for his first car.
His daughter is in HS now. She has an eye for having nice things. She's got a drivers license and is out there working. She has her eyes set on things and is going after them.
The first 2 boys...the only things they have their eyes on are video games and tv.
Unemployment might be high right now, but for the ones THAT REALLY WANT to work, they'll find jobs, even if its not exactly what they want to do. Those who WANT to work, view a car as a necessity (unless they have easy access to public transportation).
For the others, a car is viewed as a liability, and an expense. If one doesn't have a car, there is less need to have a job.
30 years ago, a young person having a car was seen as freedom. Freedom to go where you want, when you want. Today, that freedom is seen as a chore, as responsibility. Something to be shunned.
The 20-something daughter of a co-worker of mine has a tiny apartment in Manhattan less than the size of my living room. Yet it's fully functional for her needs and very cozy. When we were in town on business, we went to see her on a cold, rainy day for lunch (she has a night job) she was curled on the couch/bed by the window overlooking the busy street below. She doesn't need a lot of space. She's got hundreds of books on her Kindle, all her music and video come through a flat screen mounted on the wall.
She's got a fully functional mini-kitchen but hardly needs to use it as she's walking distance to over a thousand restaurants and contrary to what you might think, there's a lot of places there to eat cheap. We went to lunch at a soup place that was tucked in an alley that only locals could find. For under $5, I had a huge bowl of rich sausage soup and all the bread and crackers I could eat.
During lunch, she was in near constant contact with her co-workers and friends through her mobile device. She lined up her weekend plans while we were sipping our soup.
If I could do my life over again, I'd definitely go simpler. Especially if I knew what technologies were coming down the road. You are right, the younger generation are living in a virtual connected world that most of us older people cannot even imagine.
America’s rotten culture can not be repaired.
“Most of them voted for the situation they’re in. They traded economic freedom for queer marriage, a “clean environment”, revenge against an imagined “1%” enemy and tolerance for every conceivable personal and cultural perversion. And there’s no sign they’ve changed their attitude. Well, they can just live with it.”
Great summary of the problem we have with the current batch of youth. They were indoctrinated by the schools and college, and they were taught to always blame others. It’s not my fault, is their battle cry. Whiners, the lot!
“Most of them voted for the situation they’re in. They traded economic freedom for queer marriage, a “clean environment”, revenge against an imagined “1%” enemy and tolerance for every conceivable personal and cultural perversion. And there’s no sign they’ve changed their attitude. Well, they can just live with it.”
Great summary of the problem we have with the current batch of youth. They were indoctrinated by the schools and college, and they were taught to always blame others. It’s not my fault, is their battle cry. Whiners, the lot!
Waiting for the flipper housing bubble to burst again...
It’s all summed up by the lack of religion in their lives. Once you pull that out, they live for the day and only for themselves.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.