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Best Speech Ever?

Yeah, sorry. I don't know if I can finish that. First five minutes is utter BS. He hits on all the cliches about participation medals and you can have it and helicopter parents and parents fighting their kids battles. And on and on. It is nauseating.

The thing is - as a parent of two Millennials and the Uncle of 5 and who works with dozens of them - I just do not see it. Not in my kids and not in their friends and not in the kids I couched and not in the young people I work with. As far as I can tell it is the same pattern that has been repeated for thousands of years. The older generation is down on the younger one and they come up with reasons why they suck. Years later it turns out the old farts were wrong and the new old farts cannot believe this new generation are such idiots.

Yawn!
 
I agree -- this goes back througout human history... even ancient Greece:

The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers.
Attributed to SOCRATES by Plato
 
@A Canadian Cat "Where there's smoke, there's fire." The millennial stereotype is real, at least here in the USA. No, it is not by any means true for every millennial, but it has enough of a "grain of truth" to have become something of a joke. I know several millennials, through work, who have an outstanding work ethic and do not suffer from an entitlement mentality. But....those are the ones who have actually successfully integrated into a stressful, results oriented work environment.
 
Hey, @Meat Grinder no doubt there are some duds in the Millennial generation. There is in mine and the Boomers too. I just have a problem with the sweeping generalizations and put downs that just keep coming up over and over and not just here. The point that I was making and @Rico so nicely made was us older folk need to hang onto a bit of perspective. None of us wants to be that guy yelling "get off my lawn" and never giving anyone a chance.

Well I don't anyway :)
 
<sarcasm ON>
Well of course everything is fundamentally wrong with Millennial's. Look at all the objective truths coming from the self-absorbed, draft-dodging, fem-nazi, social-justice-warrior, politically-correct, and immensely-entitled baby-boomers who gave them birth. It's not as if one's progeny shouldn't be criticized or anything . . .
<sarcasm OFF>

Truth be told, I don't envy Millennial's the world they inherit and I have absolute faith that the kids are all right . . .

 
Gen Y here so some would call me a millenial but being bought in 1984 never felt like one. I remember a world without social media, flat screen TV's, laptops and mobile phones!

Agree @mTk and the comments made around social media but the est is a load of crock.

As someone who some would consider a millenial, I've worked my way through post school study and up the career path. I haven't jumped jobs every 6 months because I'm bored and now earning a healthy salary compared to the average for my age. (it's part of my job to know that in the first place). I've bought and built my first house and been in a position to support my baby boomer parents when they fell on hard times. I have a total of 136 days worth of sick leave unused and a further 13 weeks of annual leave/long service leave sitting there for a rainy day. I've also supervised two other millenials in recent years who have just left University. A bit rough around the edges initially with workplace ettiquette and writing for the real world in our chosen field but that's to be expected. It's called hands on experience.

The biggest complaint I have to deal with is business owners and industry leaders screaming directly and indirectly to me about how they can't find anyone suitable to take on even those who have gone through training. "They lack experience" is the number gripe we receive and somehow Governments/Technical Colleges and Universities are meant to fix it so a young person or junior worker can simply breeze into a business without needing to learn anything on the job. Experience is never learned in a classroom. Most of these business owners and industry leaders are baby boomers. Not everyone has that view of course, but when locally we have double digit youth unemployment and the lowest rate and recent graduates forced to remain in their student jobs longer than every before it gets a bit rich.

A few other points why 'my' generation comes off as a bit grumpy:
- Lowest rates of home ownership for the under 35's. While Baby Boomers have the highest rates of multiple house ownership for investment purposes. (In Australia at least).
- Linked to above, median property prices to income ratios (again in this case Australia), blue line:
8586520-4x3-940x705.png

- Stagnant wages or real wage decline (after inflation) for the youth and 24-35 age group compared to previous decades.
- Lock of permanent or long term employment opportunities to lay down roots for the future. (Try some long term planning or buying a house when you don't know if you'll have a job or the same income next year).
- Entering the jobs market to start a career (and an adult life) with a $20k - $100k+ debt around your neck.

Economist rant over. :D
 
Gen Y here so some would call me a millenial but being bought in 1984 never felt like one.

LOL yeah that reminds me of something that I ran into a couple of days ago. My wife sometime watches a channel that broadcasts old TVs shows targeted at Boomers. Some of those shows were running as after school re-runs when we were kids. Sometimes it is fun to watch some of those again. Anyway there was a advertisement for Zoomer magazine that I have heard of before - targeting Boomers but now they are saying that Boomers are anyone older than 45. Are you kidding me - I am no Boomer - Damn It! <sarcasm>No one handed me opportunities on a silver platter - I never sold out my hippy dippy ideas for the corporate ladder.</sarcasm> :)

I guess that is going to start happening more frequently now that I'm getting on in years - all those services that were targeted to Boomers are going to start applying to me :-(

Economist rant over. :D

Facts and thoughtful opinion from Economists is always welcome :)
 
Thankfully the U.S. economy is in an upswing and the jobs market here is looking better and better.

Crushing student debt is a problem, but I blame that on society pushing the notion that everyone needs to have at least a four year University degree (even if it's an essentially "useless" degree with little opportunity for employment) in order to be successful. There is nothing wrong with learning a trade and you can make excellent money in the trades.
 
<snipped>
I've also supervised two other millenials in recent years who have just left University. A bit rough around the edges initially with workplace ettiquette and writing for the real world in our chosen field but that's to be expected. It's called hands on experience.

The biggest complaint I have to deal with is business owners and industry leaders screaming directly and indirectly to me about how they can't find anyone suitable to take on even those who have gone through training. "They lack experience" is the number gripe we receive and somehow Governments/Technical Colleges and Universities are meant to fix it so a young person or junior worker can simply breeze into a business without needing to learn anything on the job. Experience is never learned in a classroom. Most of these business owners and industry leaders are baby boomers. Not everyone has that view of course, but when locally we have double digit youth unemployment and the lowest rate and recent graduates forced to remain in their student jobs longer than every before it gets a bit rich.
<snipped>

Related but a bit off-topic, I've often wondered whether the "Computer Revolution" destroyed the Middle Management incubators that produced more sensible business leadership. I'm Boomer enough to recall a workplace with scores of supervisors reporting to gaggles of managers overseen by a group of directors. There were pools of supervisors from which managerial candidates could be evaluated before promotion. Generally speaking, those proven leaders possessed hard-earned people skills and were much better at training, coaching, and nurturing subordinates. Then computers made middle managers obsolete as a business cost. The current crop of technocrats are bright and well-schooled but much more inexperienced and downright uncomfortable leading teams.
 
<snipped>
A few other points why 'my' generation comes off as a bit grumpy:
- Lowest rates of home ownership for the under 35's. While Baby Boomers have the highest rates of multiple house ownership for investment purposes. (In Australia at least).
<snipped>
- Stagnant wages or real wage decline (after inflation) for the youth and 24-35 age group compared to previous decades.
- Lock of permanent or long term employment opportunities to lay down roots for the future. (Try some long term planning or buying a house when you don't know if you'll have a job or the same income next year).
- Entering the jobs market to start a career (and an adult life) with a $20k - $100k+ debt around your neck.

Economist rant over. :D

Yep, I think those burdens are difficult indeed. As a Boomer, the world was my oyster and I was wonderfully blessed with opportunities to both succeed and fail no longer available to the current workforce. It's as if past bounty has produced an insatiable greed wehere we've narrowed our horizons and turned everything into a zero-sum game.
 
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