Why are Millennials so broke?

usatoday.com/videos/money/2017/01/13/millennials-broke-and-we-should-probably-look-into-fixing-/96541836/

Wtf is wrong with millennials? Why dont they find jobs like the boomers and 90s kids?

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usatoday.com/story/money/cars/2015/02/18/record-used-car-prices-in-2014/23637775/
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Usury aka interest rates on everything.

Don't worry brother, the fire rises.

90s kids are millennials

Because inflation and stagnant wages since the 80s

Millennial snowflakes deserve poverty for pursuing their stupid passions and failing to learn employable skills.

My only fear is that poverty will radicalize them.

>wages that don't keep pace with inflation
>taxes on literally EVERYTHING (Canada is worse and worse)
>house prices out of control
>employers only offering temporary part time
>employers post job for $5-$10 under what it should be, then show the government they couldn't find anyone local-then hire temp. foreign workers for min wage
>employers cutting benefits / hours other benefits

etc

>> 90's kids
>> Not millennials

OP you fucking moron.

Cost of living is worse than ever before
Lots of bad jobs but few good jobs until boomers retire
Education is expensive but required
Encouraged to get useless education
Fostered overemotion
Entitlement complex due to upbringing
Poor self and money management

No jobs.

>American education

Fairly easy, the Jewish system pushed them toward meaningless studies at high cost (in the US) now they can't find a decent job. Thank your overlords for it.

you're a simple man, and you'll die in a simple way

You forgot immigration.

Supply and demand.

Oversupply of labor
Overdemand for housing

Unemployment is very low right now. Millenials do have jobs but cushy union jobs are no longer available in abundance, and the rent is just too dam high.

Millennial is a buzzword
Or a modern version of "kids these days"
Its meaning is all fucked

>stagnating wages
>ever-rising costs of living
>artificially elevated requirement of higher education
>exponentially growing cost of education
>technology itself being the ultimate jew: enabling the few to automate the away jobs of many
>yuppie culture, where your socioeconomic status defines your worth
I feel like the West is headed fast towards a situation like in Brazil. I suppose I should thank God I'm landing on the right side.

The government fucked with our water and now we're gay and ambitionless.

>entitlement
Can this meme end? Can we stop pretending that everyone in the planet doesn't want what's best for them?

>Entitlement complex due to upbringing
I've literally never seen this IRL.

People won't fucking retire and job requirements have gotten needlessly high because it's an employer's market.

I'm waiting to hear if I can move forward in the hiring process for a 60k a year job. It's been like a 9 month long process so far.

>pursuing their stupid passions and failing to learn employable skills.
>the current year
>not doing both
ISHYGDDT

Increasing housing costs, increasing food costs, minimum wage has been out of proportion with inflation since the 50s which is half because the fed causes inflation and half because white rednecks are too fucking stupid to understand why wages need to keep up with inflation.

>muhhhhh work moar when government decreases the value of the money because I'm retarded

Slide thread.

Sage.

Fuck this small brained turd bringing a fruitless convo to /pol

They're killing unions, wage rollbacks, benefit / pension roll back, hours drying up, yet these companies who are requesting concessions from unions are posting massive profits.

In Alberta some trades lost their bargaining for overtime.

ZERO OVERTIME on certain projects, not even provinical labour law minimums (anything over 40 or 44 hours a week is 1.5x)

EVERY SINGLE HOUR IS STRAIGHT TIME, somehow it gets around the provincial labour laws and the unions didnt even bother to fight back

>he believes minimum wage works
Loving every laff senpai

I live in Seattle and I'm making 15 an hour doing mindless retail while getting through grad school. It's saving my ass.

Our countries sold us out to foreign investors and corporations. Everywhere you go you see McDonald's and Starbucks, new housing units being built and sold before they're even finished. It's at the point now where houses don't even get on the market before some rich fag from another country buys them. We have the lowest unemployment rates in years and yet people can't afford rent? I wonder why this is. Maybe it has to do with importing millions of people from other countries and skyrocketing the demand for housing. And we all know how supply and demand works.

(1) Corporations have been very successful at forcing low wages and eliminating organized workers with their legislative graft
(2) Prices of college tuition, athletic fees, books, administrative fees, online materials, parking fees, exams, miscellaneous fees, access codes, lab fees, equipment rentals, bogus fees, etc. have skyrocketed while actual costs have not. (Chivas Regal effect).
(3) Millennials have been targeted and preyed upon by exploitative industries, like the payday loans, furniture rentals, used car lots, etc.
usatoday.com/story/money/cars/2015/02/18/record-used-car-prices-in-2014/23637775/

(4) Student loans. Student now owe $1.7 trillion in student loans to Wall Street. It is the single largest grift ever in the history of mankind.

No willpower

Told to "find what you love" instead of just learning something, practicing at it, and now that you are good at it, you enjoy it.

Sold the meme that we should "rent everything" (car2go, lyft, airbnb), basically the entire urban lifestyle.

Told to live in cities because it is cool and only ignorant rednecks live in small towns where it is affordable.

Boomers wrecked the economy with debt but now use that debt to finance their childrens' laziness.

Gen-X chose not to do anything until they were in their 30s and are now clogging up employment and JUST NOW having kids.


take your pick.

but diversity is a strength

we need to ban foreign ownership of property (although the chinks just send their kids here for school, and become citizens then buy a house with chink mommy / daddys money)

They're raising property taxex AGAIN in my fucking city, year after year. This next year, the increase will be a 10% property tax increase.

Know why? It's so that they can fucking pay the outrageous pensions of the police officers, the firemen and the teachers.

I'm fucking working to pay off these cocksuckers insane pensions.

And there will be no pensions available to you. Getting told I'm lazy by a bunch of people with secure jobs and paid vacation gets really old. They act like they did anything more than pass an interview and show up to work. Meanwhile the majority of jobs available today are garbage corporate jobs that don't pay us jack shit. People think Millenials don't work multiple jobs and don't save money and all we do is complain. Nah the government just fucked the country, hopefully we can fix it in our life time.

I work at a McD's. A lot of people just don't know how to save money. Like, my friends will legit just spend money on anime, video games, origami stuff, whatever. They'll eat out nearly every day and do whatever else.

But that's not to say that's why they're poor. There definitely is something to jobs not paying enough. But then again I have more than enough money since I don't buy anything but food anyways.

1. Most of them are lazy
2. Most of them doesn't have a real degree, actual good working positions won't hire you because you passed liberal arts. Simple as that
3. Most of them have dreams of becoming rich and the next Kardashian that can just party and do whatever for the rest of their lives. So there's a large portion of them that actually doesn't search a normal job because that's too "dirty" for them

I won't bash them too hard though since it's the system(jews) that created this mess. It's the system that created the school system and how we will educate the youths.
You don't learn valuable shit in schools like, how to invest, how to run a company, etc etc. You do however learn deontology for example, so you learn how to behave and won't never question the system in a hard way, at least until you're reversed brainwashed back to normal.

That's just how our modern society is thanks to the second world war and it won't change anytime soon. Why? Because the banks LOVES debt.
That's how they make their billions circulate.

What the first post said.

On top of having no hope for the future, given how the world is looking lately.

On top of that, our jobs are given away to other countries while we import droves of lesser desirable people into our society to work-

"Because we need more people in our country to work in order to keep going!"

You still live with your parents, that's why.

That's not what entitlement means

>most of them are lazy
That's utter shite and you know it. People today work just as hard as people did yesterday.

>lazy
>in debt
>worthless college degree
>leeching from family's money.
>stupid as fuck
>muh patriarchy
>muh racism
>muh government.

All that's left for them to do is visit tumblr and write blogs.

It actually has a well defined meaning: Last generation between millennium switch. people born in the 90s are literally millennials.

I have an engineering degree and an MBA and I just had my first interview in 6 months after sending out a metric fuck ton of job applications.
There are a lot of different issues when it comes to why some millennials can get jobs but the main problem I see is that there isn't enough of them or the amount of exp you need is insane for a entry level position.

So how are people any more entitled today than they've been in past years? Complaining about the shitty situation = entitlement? You realize it's possible to work your ass off and still complain right?

its been awhile steve o poster

>but diversity is a strength
>there are people who actually believe this

>Wtf is wrong with millennials?
Old people want us to be this way so they can keep on living the good life at our expense. We'll hit the wall when they'll be dead and it will be too late to blame them.

all of this and all the non-whites moving in.
This country is on a crash course to shitland and nobody cares, especially the traitorous cocksuckers leading our government.

They are stupid or want EZ jobs
>my work
>need 6 diesel mechanic ($52k a year starting, $65k in three)
>need CDL Class A drivers constantly ($57k a year starting, $68k in three years)
And I'm growing $26k worth of weed (14 plants worth) a year.
>muh meme college degree
>muh massive student debt
>muh don't wanna be blue collar N sheeit
I have not even mentioned tradeskilled jobs that are hot where I live and are understaffed.

I actually live in an apartment with my buddy.

I worked full time since i was 16y some years even 7 days a week. Wtf are you talking about. All the 90kids friends all work full time also. OP stop hiding in the basement. The only snowflakes are the richkids who had enough money to go to snowworld universities.

I went to college with anticipation of entering law. Entered a trade two years into college and learned that I can make plenty of money in the trades and that law was over saturated. I went to drop out of college and was pressured to stay in by family. Graduated with two bachelor's degrees and two minors. I'm a foreman now and being groomed for project management. My unemployed older brother has 6 years on me, and just moved back in with my parents.
Most of the other crews at my company blow all of their paychecks the first few days on eating out, weed and alcohol. Then they ask for advances on their paycheck.
Millennials are fucking retards. I know, I am a millennial. But I'm not making excuses for my student loan debt or that stuff. I live on my own, own my own vehicle, pay all my own bills. Just gas us all, put my out of my misery that the Jews put the nation into.

Why do you think trades are doing so well right now? Take a guess my friend, those rich foreigners aren't gonna build their own houses are they?

Tradesmen are the ultimate cucks. Our government sells out the country and you pave the roads for them

why do millennials get blamed for everything? step off my fucking dick i was class of 07'. not exactly the most fortuitous year to end your adolescence.

fuck anyone over 30. boomers and gen-x wastes must carry a secret guilt, because they know every fucking problem in the world is their fault (whether they were active participants or allowed it to happen) so they wanna shift it onto anyone under 30 -- their special snowflake "based gen-z" spawn excepted of course.

How much should I have saved up by age 27?

Boomers and Gen X have to blame someone for the mistakes they brought upon us -- anyone but themselves, of course.

At least Millennials know we're fuck-ups.

your annual income

trades are barely surviving here. the manufacturing work is taken over by cheap foreign labourers or immigrants. there are factories full of chinese people who can't even speak english but if you want a full time career with good pay and benefits like previous generations enjoyed then good luck. the industry I work in is on life support, and one of the biggest car parts manufacturers here is closing one of their plants, who knows where they will send those jobs but they sure won't be for people here.

8 years of obama = broke.

What's the minimum amount of money you need to make more money? Even if it's 10 dollars more

>t.Vancouver
Well, not here in the South. Anyways, there is always work... BUT! ya might hace to uproot.
>not growing weed or a another decent price cash crop
Bruh, Weed LMAO

You got the wrong mentality. It's not the boomers fault they just played by their systems rules, but they did continously vote in kike politicians that fucked us all. The only thing I have against boomers is the ones who call us all lazy. They act like they did anything more than work hard for three months and then show up for 30 years knowing they can't be fired.

Union workers are hands down the laziest dog fucks this world has ever known. Overpaid to do something anyone can do and if anyone is entitled it's them.

University debt for some shitty art degree and buying the latest meme Apple product on credit.

Millennials are afraid of hard work.

I'll give you that, if you aren't growing and selling dope you're doing it wrong

Light diversity is a strength.
>inb4 you sperg out
I'm not talking about accepting refugees or opening the boarders. But if you notice most naive liberal autist come from gated communities around their own race and never had to enter a ghetto in their entire lives so they became soft faggots. If you don't have some sort of conflict you turn into a null-male or neet or sjw-crazed female, naive and scared to have an opinion and not willing to take a risk in their entire live because they've never had to fight in their life and the entire world is just like their friendly white community, this shit is literally mocked by mexicans and blacks all the time. For whatever its worth, living in proximity of ghettos has kept America on its toes while Europe is committing suicide. Not saying we need anymore diversity, but i'd rather have a little then none.

This

>Cost of living is worse than ever before
true
>Lots of bad jobs but few good jobs until boomers retire
Boomer jobs are worthless and will be eliminated once they go
>Education is expensive but required
The only education that is truly required is provided for free
>Encouraged to get useless education
again, not required to take feminism 101 to get a job
>Fostered overemotion
Blame boomers
>Entitlement complex due to upbringing
blame boomers and their shitty offspring
>Poor self and money management
This is the only one that is true. People get credit cards without a second thought, run up the bill and are shocked when they have to pay.
They just HAVE to have the newest phone, the newest car, eat out every night.

damn, that isn't going to happen anytime soon

I only have a couple hundred bucks in my checking account and $70k in student debt.

>$70k student debt
don't tell me it's a fucking meme degree too senpai

I live in LA, my job pays a rate lower than the poverty line, and my takehome post-tax is usually 72%.

There's a reason I'm throwing 100% of my savings in crypto right now. Fuck sitting around and waiting for things to improve.

I know plenty of millennials through my little sister and most of them are lazy as shit. They BARELY work8 hours a day.
If that is, they aren't lazy enough to find a job to begin with.

well, what did they leave us? fucked demographics, fucked economy, fucked government; you get the picture. it ain't like a few bad governments got in either -- they repeatedly voted for this shit for YEARS. wake up, we got sold down the fucking river.

People live in the city because they were either born there or because there are no relevant jobs in the country besides the local mcdonalds or loading trucks.

>millenial
>Bought an appt in the heat of the housing crisis
>€300 mortgage a month (invested most of my savings for low rent
>Neighbour rents the same appt for €1000 a month from the owner of the appt
>Recovery of the house prices pushed my Total mortgage under 50% of the current value of my appt
>Mfw I see all these other milennials complain about how hard they have it
Lol, crisis

Because they won't stop buying fancy coffees, avocados, and toast

steve-o
coming to h3h3 to grab some views thats just sad

I work for a penny above minimum wage nigga. At least all my college is paid for because my parents and grandparents are decent folk who cared for their offspring.

this

Crypto (especially bitcoin) will have plenty of dips, but researchers predict it'll be worth $20k a bitcoin in 3-4 years.

this, OP is a retard

>wage stagnation since the 90's
>highest national debt of all time
>record high costs for higher education
>a part time job back in the 70's could buy a car, rent an apartment, and pay for college
>two full time jobs can barely pay for rent and a car, without even touching tuition
>cost of food continues to increase
>entertainment is extremely expensive
>entitled baby boomers demand their poor children build homes for them behind their own homes so they can be babied the rest of their lives and be a burden on their children

Why do boomers project their laziness and stupidity onto the younger generation? Is it because they are jealous of our youth? Should we euthanize anyone over 65?

Maybe they could get ahead if they stopped buying starbucks and fancy toast

Paying 105k for 4 years for my business degree here, want to call the Presidents degree a Meme degree there leaf?

Media manipulation is probably the biggest reason. It's built to keep them down. It's like the Matrix, only those that take the redpill have a chance, but try to redpill older ones and they won't accept it. By older I mean Gen-X and Boomers who wonder why.

War on Baby Boomers when? Can we put them in camps? Where are those pussy-ass Nazis when you need them!?

I was asking the other user what his degree is and you felt the need to tell me what yours is and how much it costs because you're an insecure faggot

It's one of the jews greatest scams.
>You want a job? You need this $100k college education first.
>You can't pay for that? Don't worry our bank will give you a loan.
>You say your gender studies degree doesn't open any doors for you? Tough.

>op posts a picture of steve-o
>he's 43

He's not a boomer you inbred puss sucking fuckstick.

It's only the middle aged and up that are worried. They're afraid of not having a nice comfortable retirement and pension of $1200 a week.

Interest rates and inflation over years means the value of work becomes less and less while the actual money is skimmed to the top.

Interest rates and especially inflation (which is a WILLED policy from the central banks, a direct result of the circular loans they give each others that are eventually bailed out by taxpayer money when needed) is an enormous scam.

>bought an apt
Kek

>The only education that is truly required is provided for free
>again, not required to take feminism 101 to get a job
Good luck getting a good job here without a degree.
The US is much more liberal with hiring in that regard.

No question, you're right on. I went with ETH for a majority (altcoin shit for practicing day trades) because BTC is going to get fucked by the market share flippening within 2 months.

I tried shorting ETH @295, messed up brutally, told myself I'd never short it again -- on Monday I said "it's dipping to 320 by Thursday" and was too afraid to sell @392 because of the last mistake. Lost 20-30% unrealized gains there, but it's reinforcing habit and knowledge.

This is piss easy, the only mistakes I've made have been careless (limit orders before bed). The influx of absolute retards buying everything at ATH is free money so far.

>implying boomers didn't buy Starbucks and fancy toast
Had a different name back then and cost significantly less. Get fucked old man

MLP merchandise

"gotta cream pie in all"

you probably have just haven't noticed it
>be me in last years of secondary school
>new girl from a different year comes into school
>shes from a south american country ( i cant remember which one )
>says there are lots of kidnappings at private schools. at public schools theres lots of drugs and gang things.
>the police dont care and cant do anything about it anyway
>most of the population there live in poverty
>alot of the population live in " extreme poverty "
>when if you put all your money towards food you wouldn't be able to meet your nutritional needs

>trying to predict bitcoin
>ever

>a thread about economy, the root to all problems
>a thread where we can discuss issues of inflation and tax policies, possibly discussing the negative influence the banking system has on the people
>slide thread

Kill yourself banker shill, or go post another "nigger hate" thread.

>>artificially elevated requirement of higher education

>mfw got a college degree and 90k in debt to earn 100k at something I understood in 9th grade

Housing costs kept going up, while wages stayed flat or declined. Trust fund babies ate the seed corn for the next generation. Also, a few billionaires bought our government off to make it happen. It's really that simple.

if they can't afford it they shouldn't be buying it

she showed a picture similar to this, as she didn't get why her friends cared about their looks ( ect.) so much