• CompactFlax@discuss.tchncs.de
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    8 days ago

    GenX entered the workplace with promises of stable employment and pensions and got the rug pulled; some have pensions. Some don’t. They started entering the workplace around Black Monday.

    Millennials entered the workplace with no promises, but at least GenX had a hope of buying a house.

    It’s the boomers who bought cheap houses and had them appreciate, got pensions, and also got 401k opportunities. The Greatest Generation got cheap houses and full ride pensions.

    • SreudianFlip@sh.itjust.works
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      8 days ago

      In 1994 I got a t-shirt displaying “I could get a good job if I tried, but what’s the point?

      Reagonomics and thatcherism were the drumbeat of incipient fascism, sleazy business was the norm, soulless corporatism was already eating the planet and culture was going plastic. The bombs could wipe it all out at any second and boomers had moved the zeitgeist from civics to car ads, from Punk to Pop.