Political Roundtable Part XXI

[montestewart]

It is also interesting that some presuppose that those that are barely making a livable wage have additional resources to invest in the market or real estate. In fact, this is incorrect.

What is also interesting is the same policies that are supported by this administration exacerbate those very same issues. For example decreasing the personal income tax rate, trying to push through inflation based capital gains taxing (when we have already reduced the rate) and continuing the tax carveouts for real estate investors. Those policies increase the deficit and reduce our ability to invest in the country and increase productivity (which has meaningful wage growth implications); pushing speculative real estate investments that drive up the cost of housing and benefit landlords and disadvantage first time home buyers.

read above. In the USNavy i made 6K year 1. 12K year 2. 18K year 3. and 22K year 4. Thats it!!!

I saved 28K of all of that over 4 years and bought my first 2 flat for 146,000 in 1993. I rented on unit each unit for 600 per month and finished the basement using a 3 k credit card from home depot and lived down there....after i paid off the 3 K. Home depot then lent me 15K on credit card. using that and sweat elbow grease, i rehabbed and modernized the upper units in 1994 and rented those same units out for $1600 each.

This aint rocket science and I can teach a monkey how to invest like this or i can coach people with good job into armchair investments. You guys all think you are smarter than me and have all these fears, concerns and worries. and I'm the guy worth 8 million just in cash and real estate equity without selling my dental businesses (worth an additional 6 million).

Again, i started all of this with 28K after 4 years in the USNavy. Average salary 14K per year. I mean dog crap! They may as well paid me in pinto beans. Still, i saved those beans and immediately invested them. It works. But you cant buy for wants. You have to buy solely to make money and you have to be creative and be willing to put in long days.

When i was rehabbing that first building and others, i would go to school on Tues and Thurs all day long (straight A's). Then work evening Fri, Sat, Sun. And work on my building on Mon, Wed, friday day time. 18 hour days. 7 days per week. plus school.

yeah i did it. it wasn't that hard. I was 21. I planned. I worked my but off. I delievered a good product. It worked. I reinvested my equity into more real estate. Its quite simple.

Damn STD, you really put the zing in UH-MAY-ZING!

[dckingsfan]

It is also interesting that some presuppose that those that are barely making a livable wage have additional resources to invest in the market or real estate. In fact, this is incorrect.

What is also interesting is the same policies that are supported by this administration exacerbate those very same issues. For example decreasing the personal income tax rate, trying to push through inflation based capital gains taxing (when we have already reduced the rate) and continuing the tax carveouts for real estate investors. Those policies increase the deficit and reduce our ability to invest in the country and increase productivity (which has meaningful wage growth implications); pushing speculative real estate investments that drive up the cost of housing and benefit landlords and disadvantage first time home buyers.

read above. In the USNavy i made 6K year 1. 12K year 2. 18K year 3. and 22K year 4. Thats it!!!

I saved 28K of all of that over 4 years and bought my first 2 flat for 146,000 in 1993. I rented on unit each unit for 600 per month and finished the basement using a 3 k credit card from home depot and lived down there....after i paid off the 3 K. Home depot then lent me 15K on credit card. using that and sweat elbow grease, i rehabbed and modernized the upper units in 1994 and rented those same units out for $1600 each.

This aint rocket science and I can teach a monkey how to invest like this or i can coach people with good job into armchair investments. You guys all think you are smarter than me and have all these fears, concerns and worries. and I'm the guy worth 8 million just in cash and real estate equity without selling my dental businesses (worth an additional 6 million).

Again, i started all of this with 28K after 4 years in the USNavy. Average salary 14K per year. I mean dog crap! They may as well paid me in pinto beans. Still, i saved those beans and immediately invested them. It works. But you cant buy for wants. You have to buy solely to make money and you have to be creative and be willing to put in long days.

When i was rehabbing that first building and others, i would go to school on Tues and Thurs all day long (straight A's). Then work evening Fri, Sat, Sun. And work on my building on Mon, Wed, friday day time. 18 hour days. 7 days per week. plus school.

yeah i did it. it wasn't that hard. I was 21. I planned. I worked my but off. I delievered a good product. It worked. I reinvested my equity into more real estate. Its quite simple.

Damn STD, you really put the zing in UH-MAY-ZING!

Monte - why do you do this to me ? I have SD on ignore... it makes the thread quite readable.

BTW, please note since SD is proposing something that works for "everyone". If "everyone" owned multiple rental properties - to whom would every rent. Math is some thing like this. E = Everyone U = Number of Units everyone owns. The number of renters wound need to be RU - of course that isn't possible. So is the real equation RU = wrong?

[stilldropin20]

read above. In the USNavy i made 6K year 1. 12K year 2. 18K year 3. and 22K year 4. Thats it!!!

I saved 28K of all of that over 4 years and bought my first 2 flat for 146,000 in 1993. I rented on unit each unit for 600 per month and finished the basement using a 3 k credit card from home depot and lived down there....after i paid off the 3 K. Home depot then lent me 15K on credit card. using that and sweat elbow grease, i rehabbed and modernized the upper units in 1994 and rented those same units out for $1600 each.

This aint rocket science and I can teach a monkey how to invest like this or i can coach people with good job into armchair investments. You guys all think you are smarter than me and have all these fears, concerns and worries. and I'm the guy worth 8 million just in cash and real estate equity without selling my dental businesses (worth an additional 6 million).

Again, i started all of this with 28K after 4 years in the USNavy. Average salary 14K per year. I mean dog crap! They may as well paid me in pinto beans. Still, i saved those beans and immediately invested them. It works. But you cant buy for wants. You have to buy solely to make money and you have to be creative and be willing to put in long days.

When i was rehabbing that first building and others, i would go to school on Tues and Thurs all day long (straight A's). Then work evening Fri, Sat, Sun. And work on my building on Mon, Wed, friday day time. 18 hour days. 7 days per week. plus school.

yeah i did it. it wasn't that hard. I was 21. I planned. I worked my but off. I delievered a good product. It worked. I reinvested my equity into more real estate. Its quite simple.

Damn STD, you really put the zing in UH-MAY-ZING!

Monte - why do you do this to me ? I have SD on ignore... it makes the thread quite readable.

BTW, please note since SD is proposing something that works for "everyone". If "everyone" owned multiple rental properties - to whom would every rent. Math is some thing like this. E = Everyone U = Number of Units everyone owns. The number of renters wound need to be RU - of course that isn't possible. So is the real equation RU = wrong?

its called growing a population? 100 million people 100 years ago. 325 million today. forgot about that didn't ya? Or just more purposeful lying from you?

so your math missed the 225 extra million people. not enough? want more people? stop voting for politicians who support and allow the aborting of over 1000 babies per day.

Hmmm...so yeah...new units and new citizen every day...especially since grand parents no longer live with children in most US households like they did 100 years ago.

Try again. keep trying. keep resisting. I'm here to set ya straight. Correct your inaccuracies and misunderstandings at every single step. No (HONEST) person in their right mind with their actual money or life on the line would listen to you over me. no one.

[Wizardspride]

Read on Twitter

?s=19

[popper]

It is also interesting that some presuppose that those that are barely making a livable wage have additional resources to invest in the market or real estate. In fact, this is incorrect.

What is also interesting is the same policies that are supported by this administration exacerbate those very same issues. For example decreasing the personal income tax rate, trying to push through inflation based capital gains taxing (when we have already reduced the rate) and continuing the tax carveouts for real estate investors. Those policies increase the deficit and reduce our ability to invest in the country and increase productivity (which has meaningful wage growth implications); pushing speculative real estate investments that drive up the cost of housing and benefit landlords and disadvantage first time home buyers.

read above. In the USNavy i made 6K year 1. 12K year 2. 18K year 3. and 22K year 4. Thats it!!!

I saved 28K of all of that over 4 years and bought my first 2 flat for 146,000 in 1993. I rented on unit each unit for 600 per month and finished the basement using a 3 k credit card from home depot and lived down there....after i paid off the 3 K. Home depot then lent me 15K on credit card. using that and sweat elbow grease, i rehabbed and modernized the upper units in 1994 and rented those same units out for $1600 each.

This aint rocket science and I can teach a monkey how to invest like this or i can coach people with good job into armchair investments. You guys all think you are smarter than me and have all these fears, concerns and worries. and I'm the guy worth 8 million just in cash and real estate equity without selling my dental businesses (worth an additional 6 million).

Again, i started all of this with 28K after 4 years in the USNavy. Average salary 14K per year. I mean dog crap! They may as well paid me in pinto beans. Still, i saved those beans and immediately invested them. It works. But you cant buy for wants. You have to buy solely to make money and you have to be creative and be willing to put in long days.

When i was rehabbing that first building and others, i would go to school on Tues and Thurs all day long (straight A's). Then work evening Fri, Sat, Sun. And work on my building on Mon, Wed, friday day time. 18 hour days. 7 days per week. plus school.

yeah i did it. it wasn't that hard. I was 21. I planned. I worked my but off. I delievered a good product. It worked. I reinvested my equity into more real estate. Its quite simple.

I’m impressed. I try to teach my two kids the same “delayed gratification” message. My parents had a 9th and 11th grade education. I graduated high school. My wife and I worked hard, we sacrificed, we saved, and we paid $250k after tax for our kids college educations. We just finished month one of a three month vacation out west. Dinner at Kyllo’s tonight watching the sunset over the Pacific Ocean in Lincoln City Oregon. Crater lake tomorrow. Unfortunately SD you continue to receive undeserved slings and arrows for whatever reason (yeah, sometimes you’re a bit fast and loose with the facts) but generally you’re an asset to this thread IMO. I wish the millenials could hear your message of nose to the grindstone bootstrapping. Bravo.

[montestewart]

Monte - why do you do this to me ?

Every joke needs a set up

[pancakes3]

millennials don't want to hear it from boomers about bootstrapping because the world is much different today than it was even a few years ago. education and property costs have skyrocketed and wages have relatively stagnated. i'm living a fairly privileged life especially compared to my parents' and grandparents' upbringing (and some members of this board's) and i'm grateful for all that they've done for me but the playing field is not the same as it was, and is ever-changing.

citing to 1980s-1990s norms as a roadmap for success for today's generation just doesn't work. i'm a lawyer and i can tell you that even pre-2008/post-2008 the legal profession has changed massively. compared to someone who went to law school in the 70's and 80s? it might as well be a different industry. this is equally true for the medical field, finance, engineering, coding - just about any industry you can imagine that was considered a "good" industry when millennials were first considering their career paths, roughly a decade ago.

you also have to realize that the millennial generation is comprised of full grown adults. calling us "kids" is condescending. we are just as informed as the older generations, if not more. to think that the generation with the highest percentage of collegiate matriculation to date doesn't know how to balance a checkbook or that we need to save our money is insulting. moreover, there really isn't as much of a change in values as you think re: finances, work ethic, delayed gratification, or whatever other moral defect you think that kids these days are afflicted with.

we're not 4 year olds pouting for an extra cookie*. we're adults facing a brave new economy that's being continuously being "disrupted" by technology, globalization, and the above-referenced changes in the labor market. we're being presented with the prospects of never being homeowners, shorter and shorter tenures of employment, and completely new costs of living**.

*this mischaracterization that millennials calling for services such as health care as a naive cry for free stuff is a betrayal of your ignorance. it may not be a right, but it's certainly something that can be provided. there's no fundamental right for k12 education and yet somehow the government manages to provide free public k12 education because we as a society has decided that no child should be priced out of an education due to a purely capitalistic model. yes - the supply and demand curve by definition has a class of people that are priced out of that good. it isn't that far of a leap of logic to say that people (kids, as a plea to your humanity) should not be priced out of medical services due to a purely capitalistic model. you can apply this logic to any manifestation of maslow's hierarchy of needs. (physical needs - food, water shelter, clothing, sleep). (safety and security - health, employment, property). citing to the costs also betrays an ignorance of how much the government can actually afford, considering 60% of the federal budget is set aside for military spending.

*as much fun as SD likes to rag on "poor" people for buying new cell phones, cell phones are a very real cost for people today. it's not a toy, much less a luxury. nobody in 1990, or even 2000 would consider internet an essential cost, but it's more essential today than a landline. netflix/amazon have higher users than cable. imagine a home that doesn't have a computer in today's age. this adds up. just the cost of metro fares have doubled since 1990. a big mac has doubled in price since 2000.

i'm all for a civil discussion of what the merits of what the government is able to spend money on, but it does have to be a conversation. having disingenuous discussions of how much Trump is winning, or how awesome some guy in Chicago is at buying houses is not constructive. while i certainly do not begrudge SD for doing well for himself, i find it gross that he insists on setting the high water mark of what the government should take into consideration to be his own level of success, especially since his life is pretty much insulated from what policies the government decides to implement.

a 5 billion dollar make-work project to build a wall along the border will not affect him, me, or most people on this board. however, it could make a difference if PBS is slashed or TANF benefits are decreased. school funding can be pulled. just about every line item on the budget will take a hit (except for the almighty military) and yeah - most people on this board won't feel its effects but someone will. to dismiss those effects because they're not as successful as you demonstrates a lack of empathy that i find troubling, and problematic.

[GhostofChenier]

The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes.

[Zonkerbl]

https://www.google.com/amp/s/nypost.com/2016/07/04/im-a-millennial-and-my-generation-sucks/amp/

By Johnny Oleksinski July 4, 2016

"The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes."

Learning what "plagiarism" means would also be a bonus.

[queridiculo]

https://www.google.com/amp/s/nypost.com/2016/07/04/im-a-millennial-and-my-generation-sucks/amp/

brilliant.

[JWizmentality]

The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes.

Who're trying to fool? You have the vocabulary capacity of a horse fly.

[dckingsfan]

millennials don't want to hear it from boomers about bootstrapping because the world is much different today than it was even a few years ago. education and property costs have skyrocketed and wages have relatively stagnated. i'm living a fairly privileged life especially compared to my parents' and grandparents' upbringing (and some members of this board's) and i'm grateful for all that they've done for me but the playing field is not the same as it was, and is ever-changing.

citing to 1980s-1990s norms as a roadmap for success for today's generation just doesn't work. i'm a lawyer and i can tell you that even pre-2008/post-2008 the legal profession has changed massively. compared to someone who went to law school in the 70's and 80s? it might as well be a different industry. this is equally true for the medical field, finance, engineering, coding - just about any industry you can imagine that was considered a "good" industry when millennials were first considering their career paths, roughly a decade ago.

you also have to realize that the millennial generation is comprised of full grown adults. calling us "kids" is condescending. we are just as informed as the older generations, if not more. to think that the generation with the highest percentage of collegiate matriculation to date doesn't know how to balance a checkbook or that we need to save our money is insulting. moreover, there really isn't as much of a change in values as you think re: finances, work ethic, delayed gratification, or whatever other moral defect you think that kids these days are afflicted with.

we're not 4 year olds pouting for an extra cookie*. we're adults facing a brave new economy that's being continuously being "disrupted" by technology, globalization, and the above-referenced changes in the labor market. we're being presented with the prospects of never being homeowners, shorter and shorter tenures of employment, and completely new costs of living**.

*this mischaracterization that millennials calling for services such as health care as a naive cry for free stuff is a betrayal of your ignorance. it may not be a right, but it's certainly something that can be provided. there's no fundamental right for k12 education and yet somehow the government manages to provide free public k12 education because we as a society has decided that no child should be priced out of an education due to a purely capitalistic model. yes - the supply and demand curve by definition has a class of people that are priced out of that good. it isn't that far of a leap of logic to say that people (kids, as a plea to your humanity) should not be priced out of medical services due to a purely capitalistic model. you can apply this logic to any manifestation of maslow's hierarchy of needs. (physical needs - food, water shelter, clothing, sleep). (safety and security - health, employment, property). citing to the costs also betrays an ignorance of how much the government can actually afford, considering 60% of the federal budget is set aside for military spending.

*as much fun as SD likes to rag on "poor" people for buying new cell phones, cell phones are a very real cost for people today. it's not a toy, much less a luxury. nobody in 1990, or even 2000 would consider internet an essential cost, but it's more essential today than a landline. netflix/amazon have higher users than cable. imagine a home that doesn't have a computer in today's age. this adds up. just the cost of metro fares have doubled since 1990. a big mac has doubled in price since 2000.

i'm all for a civil discussion of what the merits of what the government is able to spend money on, but it does have to be a conversation. having disingenuous discussions of how much Trump is winning, or how awesome some guy in Chicago is at buying houses is not constructive. while i certainly do not begrudge SD for doing well for himself, i find it gross that he insists on setting the high water mark of what the government should take into consideration to be his own level of success, especially since his life is pretty much insulated from what policies the government decides to implement.

a 5 billion dollar make-work project to build a wall along the border will not affect him, me, or most people on this board. however, it could make a difference if PBS is slashed or TANF benefits are decreased. school funding can be pulled. just about every line item on the budget will take a hit (except for the almighty military) and yeah - most people on this board won't feel its effects but someone will. to dismiss those effects because they're not as successful as you demonstrates a lack of empathy that i find troubling, and problematic.

HOF!

If you started your professional life in 1980, total US debt (household, business, finance (banking, etc.), state and local and finally federal) was ~50% of GDP. Total US has now crossed 400% of GDP.

For any generation crowing at the millennials that they screwed up - well, just look in the mirror. Its an entire new world out there for them. They are going to pay for our "success" where we kicked that debt forward.

[dckingsfan]

Plagiarism checking, source checking, fact checking, logic checking - check it at the door!

[Zonkerbl]

Everyone should be like me and get a Ph.D. in economics. Anyone who can't get a Ph.D. is a whiny slacker.

[gtn130]

https://www.google.com/amp/s/nypost.com/2016/07/04/im-a-millennial-and-my-generation-sucks/amp/

By Johnny Oleksinski July 4, 2016

"The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes."

Learning what "plagiarism" means would also be a bonus.

looool amazing

[I_Like_Dirt]

For any generation crowing at the millennials that they screwed up - well, just look in the mirror. Its an entire new world out there for them. They are going to pay for our "success" where we kicked that debt forward.

This is a real issue. It's so extremely common for people to distinguish between their own success and the government failing and building debt. View things as separate like that, and you must be wonderful for all your success, and the government must be horrible for all their failures. Cut government, and the problem is solved. Unfortunately, the two realities are very much linked. And while pancakes mentioned the military, internet and a few other industries, he didn't even mention healthcare, which is the fastest growing government expense out there. Health care technology and services have been exploding for several decades now and show no signs of slowing down.

Edit:

I should clarify, I certainly don't mean health care for all isn't affordable, as pancakes suggests. I believe it absolutely is. My point is more that health care costs have absolutely exploded overall, both private and public expenses, which puts added financial pressures on younger generations. The total sum of private and out-of-pocket health insurance in 2010 was about twice as much as the absolute total spent on health care in general in 1990.

[GhostofChenier]

The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes.

Who're trying to fool? You have the vocabulary capacity of a horse fly.

(sorry english not first lang this does not make me awful)

The text is from nytimes. this fragment is best. here people block every1 who disagree. that action only makes problem bigger problem. same as talk to mirror.

Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different.

[JWizmentality]

The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes.

Who're trying to fool? You have the vocabulary capacity of a horse fly.

(sorry english not first lang this does not make me awful)

The text is from nytimes. this fragment is best. here people block every1 who disagree. that action only makes problem bigger problem. same as talk to mirror.

Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different.

Stick to your old routine of spaztic invalid. Nobody's buying the new "I can not speaka any engrish. I not bad person" fresh off the boat bit.

[popper]

millennials don't want to hear it from boomers about bootstrapping because the world is much different today than it was even a few years ago. education and property costs have skyrocketed and wages have relatively stagnated. i'm living a fairly privileged life especially compared to my parents' and grandparents' upbringing (and some members of this board's) and i'm grateful for all that they've done for me but the playing field is not the same as it was, and is ever-changing.

citing to 1980s-1990s norms as a roadmap for success for today's generation just doesn't work. i'm a lawyer and i can tell you that even pre-2008/post-2008 the legal profession has changed massively. compared to someone who went to law school in the 70's and 80s? it might as well be a different industry. this is equally true for the medical field, finance, engineering, coding - just about any industry you can imagine that was considered a "good" industry when millennials were first considering their career paths, roughly a decade ago.

you also have to realize that the millennial generation is comprised of full grown adults. calling us "kids" is condescending. we are just as informed as the older generations, if not more. to think that the generation with the highest percentage of collegiate matriculation to date doesn't know how to balance a checkbook or that we need to save our money is insulting. moreover, there really isn't as much of a change in values as you think re: finances, work ethic, delayed gratification, or whatever other moral defect you think that kids these days are afflicted with.

we're not 4 year olds pouting for an extra cookie*. we're adults facing a brave new economy that's being continuously being "disrupted" by technology, globalization, and the above-referenced changes in the labor market. we're being presented with the prospects of never being homeowners, shorter and shorter tenures of employment, and completely new costs of living**.

*this mischaracterization that millennials calling for services such as health care as a naive cry for free stuff is a betrayal of your ignorance. it may not be a right, but it's certainly something that can be provided. there's no fundamental right for k12 education and yet somehow the government manages to provide free public k12 education because we as a society has decided that no child should be priced out of an education due to a purely capitalistic model. yes - the supply and demand curve by definition has a class of people that are priced out of that good. it isn't that far of a leap of logic to say that people (kids, as a plea to your humanity) should not be priced out of medical services due to a purely capitalistic model. you can apply this logic to any manifestation of maslow's hierarchy of needs. (physical needs - food, water shelter, clothing, sleep). (safety and security - health, employment, property). citing to the costs also betrays an ignorance of how much the government can actually afford, considering 60% of the federal budget is set aside for military spending.

*as much fun as SD likes to rag on "poor" people for buying new cell phones, cell phones are a very real cost for people today. it's not a toy, much less a luxury. nobody in 1990, or even 2000 would consider internet an essential cost, but it's more essential today than a landline. netflix/amazon have higher users than cable. imagine a home that doesn't have a computer in today's age. this adds up. just the cost of metro fares have doubled since 1990. a big mac has doubled in price since 2000.

i'm all for a civil discussion of what the merits of what the government is able to spend money on, but it does have to be a conversation. having disingenuous discussions of how much Trump is winning, or how awesome some guy in Chicago is at buying houses is not constructive. while i certainly do not begrudge SD for doing well for himself, i find it gross that he insists on setting the high water mark of what the government should take into consideration to be his own level of success, especially since his life is pretty much insulated from what policies the government decides to implement.

a 5 billion dollar make-work project to build a wall along the border will not affect him, me, or most people on this board. however, it could make a difference if PBS is slashed or TANF benefits are decreased. school funding can be pulled. just about every line item on the budget will take a hit (except for the almighty military) and yeah - most people on this board won't feel its effects but someone will. to dismiss those effects because they're not as successful as you demonstrates a lack of empathy that i find troubling, and problematic.

Enjoyed this post. I don’t agree with everything but well thought out and written without the usual personal attacks that accompany dissent against the prevailing “wisdom”.

[gtn130]

Stick to your old routine of spaztic invalid. Nobody's buying the new "I can not speaka any engrish. I not bad person" fresh off the boat bit.

Right? I was just about to post that I don't buy it at all. When s/he first came in here everythingzzz wazzz like dizzzz