Explain This To Me Like I'm A Complete Idiot, Part 15: No Millennial Left Behind? [View all]

[HughBeaumont]

The question everyone in business should be asking: How does a debt-strapped millennial buy big ticket items, like homes, cars, insurance, tools, furniture, appliances, etc.???



My generation (X) was only semi-able to afford those things and still managed to survive with a threadbare nest egg at best . . . . mostly because even though our jobs were lower-income during college, they were at least able to buy us an education for the most part. Those days are long gone.

I mean, did the Ownership class not THINK about this before raising and raising and raising prices, crashing the economy (twice), exporting all the blue and white collar jobs to lower paying shores and, most importantly, arbitrarily stagnating the middle/working/poor wages (according to . . . . are you ready . . . . TEH FREE MARKETZ) so that pretty soon, only the upper middle class and above won't be priced out of everything?

"I believe the children are our future". Explain this to me like I'm a complete idiot . . . . HOW does this get repaired? Yeah, someone better figure out goddamned quickly how you un-bollocks this looming issue.