most of that generation have no real access to any substantial amount of that wealth though... it’s an other people thing for them alien to their personal experience
their actual living standard in general is like Eastern Europe under Communism
“most of that generation have no real access to any substantial amount of that wealth though... it’s an other people thing for them alien to their personal experience”
Bingo. Except for the few high paying jobs in tech, they are struggling. I know engineers and actuarial scientists who cannot afford to live without room mates into their early 30s. Costs have outpaced salaries by a huge margin.
I was able to put the down payment on a modest house and put myself through college working as a driver with reasonable hours before the age of 25. Never happening in today’s economy...
If they're so poor then why are they so fat?
Poor people in the U.S. live better than kings did 200 years ago.
their actual living standard in general is like Eastern Europe under Communism
No, not even close. I have relatives who lived in Eastern Europe under communism. No hope, no future, no prosepects, barely enough necesities to survive. But members of the communuist party lived like kings.
It’s hard to make a living as a professional protester or whiner.
There’s more opportunity today than ever. All they have to do is work, but that is anathema to many millennials.
“Eastern Europe under Communism”
Baloney.
If they live in hideously expensive places sipping $5 lattes daily etc, yeah they may lack accumulated wealth.
But they’re far better off than Eastern Europe under Communism. They’ve bought into the lie that things cost as much as they are able to spend, and that life is barely worth living without product X. Communism had no variety, reliability, nor motive. These millennials look at a grocery aisle with >300 cereals and whine “they don’t have what I want”, where communism escapees have mental breakdowns over the astounding abundance.
They can live on healthy food for $1/meal.
They have infinite variety shipped to their door.
They can move to cheap housing easy.
They can get an education in anything for near free.
If someone is living “like Eastern Europe under Communism” it’s because they choose to.