Analysis Of The Unluckiest Generation

In the article “The Beat Up Generation,” Abby Ellin claims that the negative way other generations view the millennials may all be wrong; instead, the millennials are preparing for the world most generations are opposing. Ellin declares in her article that the millennials are shown to be the most disliked generation; their ideas collide with those in the Baby Boomers and the Gen-Xers causing confusion. Constantly, Articles are being thrown out about the millennials “incompetence” and their “self-absorbed” behavior which only causes more hatred according to Ellin. However, she continues to state that millennials are no more selfish than the previous generations; in fact, millennials are only trying to discover new ways for “communication and

Robert J. Samuelson, columnist for The Washington Post, in his article “Generational warfare, anyone?”(November 29th) rallies young americans to resent their current economic situation. Samuelson supports his claim by providing empirical evidence from recent Pew Research Center explicates the rising levels of people living with their parents, then by abstracting Scott Keeters notes juxtapositioning them with our modern day situation. His attempt to assemble the youth of the american workforce by informing them of their modern day struggles. Samuelson's uses erudite diction that appeals to the Washington Post’s audience of university graduates. The friction between the boomers and our current youth has thrown our economy back into the 1930’s.

There is a significant value gap between degrees held and jobs worked by Generation Y. Without available positions in their fields, Millennials must take unskilled jobs, while waiting for their elders to give turn. Millennials who are not educated and working toward a professional career are the hardest hit by situation, creating a new echelon of poor Americans. Economists think that Millennials should accept this current economic climate as the "new normal." (Kotkin 3).

Millennials living at home. At first, he uses the growing numbers of Millennials living with their parents in comparison to other generations as a sign of laziness in Millennials. Even when discussing the positive aspects of Millennials and their financial knowledge, he makes more snide comments about how easy it is to be financially stable if Millennials aren’t using their own money to begin with, but instead their parents’. It’s ironic that despite speaking so positively about Millennials at the end and how numbers don't mean everything, he still remains negative about Millennials housing situations based on numbers

There are some interesting points to make about this article and the ideas that it contains. The first is that the emergence of this generation is weighed against the concept of a traditional adulthood. The reality is that the 'traditional adulthood' view has only existed for a couple of generations and is more a construct of sociologists than a direct reflection of reality (Henig, 2010), which also means that it existed as the result of specific societal conditions. If it seems to a baby boomer than a young adult today should have a good career, house and family by the age of 25, that merely represents the ideals of their generation, not anything concrete that can or should be used as a measure of success. Before the Second World War, it was common to have a family before 20, and have begun apprenticing for a career by that point as well. Baby boomers were, by such comparisons, as confused and lazy as they accuse today's youth of being. Indeed, all generations are characterized by their own unique circumstances. If

The summation made by Scheresberg, Lusardi, and Yakoboski (2014) of Generation Y is that “many college-educated Millennials have low financial literacy levels; many are not aware of their low financial literacy; many have not received any formal financial

Did you know that there is 80 million apart of Generation Y? That’s a lot, it is said that Generation Y is the “laziest generation ever”. Known as entitled, disrespectful and even “wimps” by many; some people have different opinions. Some people from this generation can be hard working, and not the stereotypical “teens these days”. Generation Y is known as the “laziest generation”, that results in making generalizations about the generation as a whole, but there are many exception.

Nearly 3.7 million American babies born in 1982 were the first members of the new Generation Y, or more affectionately known as millenials (Thompson, par. 1). Many things play into whether a generation is considered to be faring ‘better’ than another one; job opportunities, the state of the environment, whether the U.S. is at peace or at war, income vs. living expenses, the general happiness of the people, and the list goes on. Millenials are part of a special generation because

Tracy criticizes Stein for judging the millennials for still living at home in their twenties. Tracy blames the lack of good paying jobs for this trend. Tracy also states that Stein's basis of technology and better fertility control are irrelevant to his assertion of laziness. Tracy presents the idea that millennials are still living at home due to lack of finances. Further in the article Tracy states that millennials do not have credit card debt because they are still living with their parents.

Buying things can also be hard for younger people, buying a house, a car, electronics, etc. People will judge you thinking that you will not able to afford the item. There are very few opportunities for younger generations due to the fact that people are retiring later since our life expectancy is later, older generations might need to find a job after they retire because they might need to pay for their kids if they got fired or can't find a job due to age discrimination or paying back their kids education funds, which means that the younger generation will have a hard time supporting the baby

The future of the American economy rests heavily on the millennial generation’s shoulders. This generation (ages 16-36) is America’s next work force, politicians, CEOs, parents, soldiers, writers, and teachers. But, does this generation possess the stamina, grit and patience upon which our ancestors depended so greatly? The millennial generation’s demand for instant gratification implies that they are not capable of providing our nation with the stability it so desperately needs. Roberts summarizes this sentiment by saying, “From top to bottom, we are becoming a society ruled by impulse, by the reflexive reach for quick rewards. We are becoming an Impulse Society.” Roberts points out that our nations is being driven by desire, not need.

As a result Millennials have drastically got their reputations

Lazy. Narcissistic. Ignorant. These are some of the many terms used to describe the Millennial generation. Much of this criticism has come from the generation of Baby Boomers, who believe that Millennials are the least useful generation in the United States because of their ignorance on the economy and politics (Shapiro, 2015). Many generations though, have came and gone, each having its unique impact in it’s time. Each have had key instances and historical event which they are remembered for like the Greatest Generation and their perseverance through the Great Depression and fighting in WWII (How the Greatest Generation Works,2011); the Silent generation with growing up in the Great Depression and having the leaders of the civil rights movement (Snook,n.d) ; the Baby Boomers for the civil rights movement and the stability they grew up in. Generation X being the new leaders and being first the to be introduced to technology(Taylor & Gao,2014). Millennials are the children of technology since they grew up

Generation Xers see themselves as a generation with its own voice and vision. They are said to be savvy consumers with an annual spending power of 125 billion dollars. Most of which they spend on electronics and computer products. However they have economic problems: the starting wages of entry level jobs are declining, housing cost are so high that 46% are still living with mom or dad. But despite their financial pressures, they are as likely as baby boomers to think about long term savings and retirement plan.

Millennials, known as Generation Y, are those born from 1981 through 2001. Kitces (2005) states that the financial planning profession has fallen behind in setting clear expectations about how to develop a career in financial planning, and the result being a