Why is Gen Z so Poor?

Comments

• 9point6@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Because since Reagan and Thatcher, every generation has been paid less than the one before in real terms

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  • WhatAmLemmy@lemmy.world ⁨5⁩ ⁨months⁩ ago

    Every day I see posts by Liberals bashing Gen Z for being stupid, without any self-awareness that 50 years of neoliberalism created Gen Z and gave them a horrific future outlook in housing security, employment security, financial security, climate security… all the conditions necessary for fascism to flourish.

    We’ve told them this would lead to fascism for decades, and they still think they were right, spending their time pointing their fingers at everyone but themselves.

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• seaQueue@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Because the top 10% of the country is hoovering up 90-95% of the profits of everyone’s labor.

  Next question.

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  • kaffiene@lemmy.world ⁨5⁩ ⁨months⁩ ago

    Exactly. Im gen x and I saw this with boomers vs everyone else. It’s just got worse with millenials then gen y. It’s the logical consequence of capitalism winning in the 80s. Those with capital are hoovering up everything

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  • Corkyskog@sh.itjust.works ⁨5⁩ ⁨months⁩ ago

    I remember this article all the way back to Gen x, then Millenials, now it’s Z, next article will be Alpha.

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• ignotum@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Everybody knows why, it’s because instead of buying a house, they’re buying avocado toast!

  /s if that somehow wasn’t obvious

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  • ChaoticNeutralCzech@feddit.org ⁨5⁩ ⁨months⁩ ago

    More like Fortnite skins. Can you imagine how wealthier they would be if Epic decided it’s had enough money?

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• lordnikon@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Their about to get a whole lot poorer cause they didn’t get out and vote

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  • dev_null@lemmy.ml ⁨5⁩ ⁨months⁩ ago

    Believe it or not, most of them don’t live in the US.

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• captain_aggravated@sh.itjust.works ⁨5⁩ ⁨months⁩ ago

  I’m gonna guess because there haven’t been any meaningful opportunities for young people in 40 years.

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• kandoh@reddthat.com ⁨5⁩ ⁨months⁩ ago

  The toughest part of my life was when i was starting off in my 20s. No experience, no one wants to take a chance on a young person when they can just hire someone older for the same position.

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  • scarabic@lemmy.world ⁨5⁩ ⁨months⁩ ago

    The absolute start is the worst.

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• Kyrgizion@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Seriously?

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• distantsounds@lemmy.world ⁨5⁩ ⁨months⁩ ago

  They’re not poor, the economy is fantastic! /s

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