Reply to NYT Opinion Piece: This Isn’t What Millennial Middle Age Was Supposed To Look Like

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[quote=Anonymous][quote=Anonymous]As a Gen Xer who graduated into the recession of the early 90s and then endured the financial crisis I find the millennial attitude/ignorance that they are apparently the first generation ever to face economic hardship laughable. This generation has been feeding at their boomer parents trough all their lives is on track to receive the largest intergenerational transfer of wealth in history.[/quote]

Maybe but the 90s was an AMAZING time for workers unrivaled until maybe last year. Dot.com millionaire secretaries. Huge run up in stock prices. Cheap houses.

I’m late GenX and I literally graduated the month before the dot.com stock meltdown.  And I was nominally in tech.

I pivoted to gov contractor to pay the bills, and it was steady work. But by the time I put enough cash together for a house, prices for homes were astronomical compared to my body shop salary.

It’s okay now, we bought after Great Recession and make $300k as a family so while we are DCUM poor, we are way better off than midlife millennials. But hardly rosebuds. And no inheritance from my hard scrabble silent generation parents of course. [/quote]

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