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by john_moscow 2041 days ago
I think, it's worse. I think, it's a deliberate distraction from a bigger problem that affects much more people.

The problem is that if you entered the workforce after 2008, and wasn't born into financial independence, you have no clear path to achieve a few important milestones that the previous generation had: property ownership, family (and passing your quality of life to your kids), savings and retirement.

These things have been taken away from the whole generation because we chose to not enforce antitrust laws, and bail out inefficient and corrupt behemoths. So the economic leverage that would normally go into the hands of new-wave founders, remained in the hands of big players. And now they want us to feel guilty for wanting all those things the previous generations had for granted.

1 comments

Absolutely. We bicker about the topics that the powers that be wants us to bicker about. There are much larger issues that politicians don't want to touch for various reasons (paid not to, too hard, etc).

>The problem is ... entered the workforce after 2008 ... you have no clear path to achieve a few important milestones that the previous generation had: property ownership, family (and passing your quality of life to your kids), savings and retirement.

It goes back even further than that. It's been going on since companies decided to offshore manufacturing in the 70s. Rural America's small towns used to flourish and was absolutely devastated economically. Families used to get by on a single income, now it takes two full time parents to work just to make ends meet. The middle class and the lower class has been constantly choked out except for a select few occupations for the last 50 years.