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No. 23170
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I think one of the reasons people say millennials are poor is they can't afford a house, but have you looked at real estate prices? Let's say you're a millennial and you get a six figure income as soon as you're out of college (at age of 22, (18 years+4 of college)). And let's say you can save 50% of your yearly income. If you take taxes into account, that would mean some 30 to 40 thousand dollars a year and so it would take you some 10 years, that is, until you're 32 if you are to buy your own place priced at 300k to 400k, and that's if you have somehow settled for an average suburban house in a medium city where you probably won't be able to keep your current job. And all of this is assuming you are a millennial who has always had a six figure income and has always managed to save 50% of his post tax income every year, when many millennials can't even get a job right after college, much less one with a six figure salary. Spending, say, $1000 a year on the newest iPhone and an extra $100 a month on organic foods make little difference on how soon you will be able to afford your house.
With that said, I don't think millennials are necessarily poorer. They're just the most unequal generation yet and the reason why you see so many contradictions within this generation is you don't take into account said inequality. Many are successful entrepreneurs who run their own start-up companies which they have started with daddy's mommy. Millennials have the highest rate of self-employment among all generations. Many millennials are also sought by tech giants and millennials who make six figures straight out of college like the hypothetical guy of the previous paragraph are not unheard of. We can assume that's the type of millennial to throw money at organic food, trips, parties, drugs. Then we have the unfortunate and stupid type. Sometimes they have been working as waiters or dishwashers in their parents' small restaurants since the age of 14 and that's why they haven't gone to college, sometimes they have gone to college but got a Liberal Arts degree instead of the successful type who went for CS. Those are the poor ones. And, like you have admitted yourself, it doesn't help that the economy is poor in some aspects (although it's doing fairly well overall). The economy basically enlarges the rift between good and bad of this general.
In any case, I agree with your fundamental point. I think poor people are poor because they are, well, poor. That's so obvious. It's in their genes. If it wasn't, there wouldn't be families who have been dirt poor for generations and families that have only gotten wealthier after each generation. People are poor because they are stupid, pathetic, useless fucks and frankly society would be much better without them.
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