| JLarson |
06-13-2019 03:12 PM |
Quote:
Originally Posted by Baronsmokes
(Post 3860578)
I understand this but they have this sense of entitlement.
I live in a State that has very independent people.Even young people here look at this attitude in disbelief.
Lowest unemployment rate in 60 years.Move if you have to.
You old people just worked a minimum wage job and it paid for College.
Not true.Slept four hours a day and worked two part time jobs while going to School.Drove tractor trailer in summer.
After graduation I worked very hard to find a good job.I was willing to go anywhere.When I found a job I continued to work a second job to retire debt.
Retired my Schools loans by age 32.Then I bought a house not before.
My Daughters had the same work ethic and paid off School loans by their mid 30s.
I think their embrace of the Nanny State Socialism will change when they reach their high earning years.
Once they are making good money; may not like paying 90% taxes to support Socialist government.
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Again you aren't wrong, but the average debt post-college has increased from 10k in the 1990s to 30k as of 2016, and that's the average. Wages also haven't increased, except for a select slice of the population.
Take me, for example. I worked in my family business doing construction with my dad and 2 of my brothers. Someone once commented they knew we weren't union because we ran to get tools ;) Anyway, housing market crashes. I'm waiting for it to get better, not aware of the true implications; my savings are eaten up (and I didn't have a ton before that) so moving wasn't an option without a guaranteed job, because I barely had money for rent (we rented a house, 4 of us, $1150/month, split it 4 ways. No cable, utilities not included). I bought knorr packaged noodle knock-offs for dinner because they had the most calories I could find for the cost, peanut butter sandwiches on whole wheat for lunch, drove a 25 year old car.
My point is you can do all the right things, have a great work ethic, a real sense of independence (I didn't once suckle from the government teat), and still get screwed ridiculously.
Today I am incredibly blessed with a great job, work for a great company, and my frugality paid off, but out of all of my friends I'm the only one who really broke through - and some of these people are bright, capable, and extremely under employed given their skill set. That's the real threat today - underemployment, not unemployment. |
