Claire*, 42, was always told: “Follow your dreams and the money will follow.” So that’s what she did. At 24, she opened a retail store with a friend in downtown Ottawa, Canada. She’d managed to save enough from a part-time government job during university to start the business without taking out a loan.

For many years, the store did well – they even opened a second location. Claire started to feel financially secure. “A few years ago I was like, wow, I actually might be able to do this until I retire,” she told me. “I’ll never be rich, but I have a really wonderful work-life balance and I’ll have enough.”

But in midlife, she can’t afford to buy a house, and she’s increasingly worried about what retirement would look like, or if it would even be possible. “Was I foolish to think this could work?” she now wonders.

She’s one of many millennials who, in their 40s, are panicking about the realities of midlife: financial precarity, housing insecurity, job instability and difficulty saving for the future. It’s a different kind of midlife crisis – less impulsive sports car purchase and more “will I ever retire?” In fact, a new survey of 1,000 millennials showed that 81% feel they can’t afford to have a midlife crisis. Our generation is the first to be downwardly mobile, at least in the US, and do less well than our parents financially. What will the next 40 years will look like?

  • alvvayson@lemmy.dbzer0.com
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    12 days ago

    Good post, but we really need to get out of the generational thinking.

    I know rich and poor boomers. I know rich and poor millenials, and gen X/Z.

    It’s a class struggle. Always has been.

    Stop making it a generational battle. That only serves to divide the working class.

    Yes, there is racism, ageism, sexism. We should debate those things and improve, but we can’t let those things divide us politically.

    And since I’m ranting, let me end with a solution. We need to find themes that help all of us.

    So perhaps we should say: for example, everyone with less than $1M in wealth gets a $20K tax deduction.

    Who could oppose that? It doesn’t benefit home owners vs. renters. It doesn’t benefit students vs. retirees. It doesn’t benefit city dwellers vs. rural. Or white vs. black.

    But it does benefit the class who owns nothing and gives them a better chance to own something.

      • OpenStars@discuss.online
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        12 days ago

        The word “think” is doing a lot of heavy lifting there… plus how many conservative voters these days even have college degrees? The TV (or radio) man says to vote one way, so they do, end of the matter as far as they are concerned. (extraordinarily sadly, no /s on this one)

          • OpenStars@discuss.online
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            12 days ago

            Exactly ^this. It makes sense to them that they “worked their way through college”, ignoring how that is no longer possible.

            Tbh I’m not a fan of just handing out money to the predatory banks who screwed students over with those loans either, but damn we should do something. Like maybe educate ourselves on a topic prior to banning people from doing it, possibly, hopefully?

            And then they go and say “that’s not how democracy works”, except when you win the majority so hard that you even overcome the electoral college effect then they simply overthrow democracy itself.:-(

            There are indeed real facts, and real people, behind all those pithy sayings.

    • Snot Flickerman@lemmy.blahaj.zone
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      12 days ago

      Stop making it a generational battle. That only serves to divide the working class.

      That’s difficult when a lot of the news media is owned by *checks notes… the Capital class… and they have vested interest in keeping the conversation about a generational battle.

      But yes, 100% agreed. The problem is we’re all commenting on news articles that will never stop presenting it that way.

      • OpenStars@discuss.online
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        12 days ago

        Someone else could write news then? People started doing that on YouTube - e.g. CPG Grey, Ian Danskin/Innuendo Studios, Hank & John Green, Jon Stewart, Bill Maher, Kurzgesagt, etc. It did not work out well I think, especially since people seek more immediate gratification i.e. Twitch dances or whatever rather than fully college-level subject matter provided entirely for free, oh except having to watch ads for the corporate overlords.

        If we do not value i.e. take care of things, we will lose them. In this case - and here I will use a generational term, b/c it refers to the only people in charge at the time it occurred - the Boomer (+ Great) generations chose this for the legacy of everyone who came after. Which is only the history of how we came to be here, but it is our choice to continue forward this way.

        • Snot Flickerman@lemmy.blahaj.zone
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          12 days ago

          Someone else could write news then?

          Well exactly, it’s an uphill battle, sadly. I’ve been upset at how weak our media has been since the Bush years, when I was working in local television for an NBC affiliate. I got to see all the behind the scenes of the beginnings of the War on Terror and how much our media purposefully pumped up both the war in Afghanistan and in Iraq and how they helped promote the outright lies of the Bush administration. It was eye opening as a twenty-something to say the least and made me incredibly distrustful of government overreach that was being exhorted by patriotism and nationalism. “Spy and snitch on your fellow Americans to prove how patriotic you are!” It was also part of the beginning of dropping the facade of “racism being over” because holy fuck did brown skinned immigrants all get put in the “dangerous radical Islamist” basket, no matter their real nationality or religion. It deeply colored my view of mainstream media as consistently right-wing, even back then, because of how often they would capitulate to Republican lies to support wars intended to enrich a small elite.

          I’ve been wanting to see more independently successful media organizations most of my life, but most of what I have seen is media consolidation, and it’s certainly not like I have the capital to get into the business myself. It’s brutal.

          Finally, just as you said, we’re competing with Twitch and TikTok and a lot of these issues really require text documents and references that can be checked more easily than needing to sift through a three-hour-Youtube-video of the issue. The problem is we’ve raised a generation that really doesn’t want to read much at all if it isn’t a subtitle for a video. That’s… distressing. (But not to act like it was much better in my generation, it’s not, it’s part of why we have so many shitty kids: their shitty millennial parents who shove a phone into their hand like Boomers shoved us in front of TVs.)

          I wouldn’t even know where to start on how to fix it. I’m with Marshall McLuhan, we’re spitting out new communications mediums before we’ve even really understood the social impacts of the previous mediums. He argued we still didn’t understand writing and we had already jumped headlong into radio and television… Well, look at us now baybeee, shit’s spiraling with the internet, McLuhan. Maybe he’s spinning in his grave to match.

          • OpenStars@discuss.online
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            12 days ago

            I guess I spoke too quickly as well. Probably people do write the news, but (a) how do you even find things these days, when searching is crap; and (b) it would perhaps do little to counteract the mis- (neutral), even active dis-information that is out there now. Also those sources I mentioned tend to be rather high-end, e.g. of the scale of intelligence required to make use of and especially to really enjoy watching them.

            Speaking of the Bush administration, I recall hearing about the event where they pulled down Sadam Hussein’s statue (iirc?) but later when I watched it happen with my own eyes - with the audio ON mind you - it told a 100% different story. Crowds cheering, or booing, or something, but the important thing is that with the audio OFF they can say whatever they wish to, and we’d believe it b/c how else could we know the reality? Unless someone happened to have the original source… except even then, what if they swapped the audio out, how could we tell!?

            The only real way to tell a counterfeit is to know the real thing so well that nobody can tell you otherwise. So what, I am supposed to know about the entire history of the Middle East, and all of the machinations of the US government within that!? I have a fucking job you know, and as a not-Boomer, may never see retirement or own a home even then - who has time to add all of that to their schedule, on top of every single other thing like climate change, ThE eCoNoMy ThO, Covid and/or vaccines, and all of the other myriad things out there (like gay frogs for some damn reason, I dunno)?!

            Highly ironically then, the internet may have slowed down the pace of systemic and active disinformation - by providing an “alternate” source of real, true facts - even as in other ways it also sped it up (by providing a source of “alternative facts” that are not true).

            And in response to all of that, the Democrats choose to nominate… HRC, smdh. Remember, Trump did not win, so much as she lost - worse than any candidate in modern history, and the second-worst btw was… him. Conservatives, liberals, voters, apathetic people - we brought this upon ourselves. I really hope that we get to live, but if we die, I cannot really blame anyone else? The wealthy elites, ahem excuse me, the Democrat politicians, don’t really exist within the same world as 99.999999% of the rest of Americans, which might be fine except neither do they seem to bother even so much as learning about them - except, you know, enough to carry hot sauce in her purse I suppose.

            What you are describing sounds an awful lot to me like the mantra of “move fast and break things”, which as I understand it was popularized by Mark Zuckerberg of Facism FaceBook, and refers basically to the fact that we can move so quickly nowadays - with the abilities of code monkies hopped up on crack (one presumes, this on top of the Red Bull and Dorritos combo:-P) that even if we screw up, we can still move quickly enough to fix it. Now, you might say that even one second’s thought would be enough to dispell that rumor, however my counter to that is… he’s rich. (and!? WTF does that even have to do with anything!? oh wait, he took all that money from society regardless of the harm that it did to us all, okay then)

            Anyway, there have always been the elites - the idea of the Illuminati, regardless of whether they are “really” real or not, like seriously, how could they not be, that’s simply how the world works!? - who have controlled society. The problem is, the elites feel like they no longer need the backing of irl human beings, b/c of (a) globalism (so humans here don’t need educating, if you can get sufficient number of coders somewhere, who are willing to work for bananas and cocaine), and (b) automation (so… do we really need human beings at all? and also climate change makes it unlikely that we’ll all survive? welp, better start killing them off in mass numbers, or better yet just let them do it to themselves, whilst *I* simply accumulate all of the wealth that I possibly can until then).

            We are all so damn naive - and yes I include myself first and foremost among that set.:-P I am not sure that this problem even is fixable, but if it were, it would take an amount of collective effort that… I am not certain exists any longer. Or the backing of an elite. I guess we’ll see what happens. :-|

            • uis@lemm.ee
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              10 days ago

              with the abilities of code monkies hopped up on crack (one presumes, this on top of the Red Bull and Dorritos combo:-P)

              You underestimate coffee and power of Ballmer’s Peak.

              automation (so… do we really need human beings at all? and also climate change makes it unlikely that we’ll all survive? welp, better start killing them off in mass numbers, or better yet just let them do it to themselves, whilst *I* simply accumulate all of the wealth that I possibly can until then).

              I hate neofeudalism. They use what can be used for societal progress for social regress.

              • OpenStars@discuss.online
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                10 days ago

                Their decision, whether they have spent even one second’s thought about it or not, is “strategic” as in one that will get them personally some benefits, but it is also short-sighted as in one that may doom us all. On the other hand, my naivite is perhaps far worse so I should be careful throwing stones in glass houses.

                I rarely like popular TV shows but one that does make me think is The 100 that illustrates thougher choices needing to be made and all the gamesmanship going on surrounding those. e.g. will neoliberals survive whereas progressivism was too impractical to ever have a chance? I don’t know the answer but those seem like the kinds of questions that needed to be explored by people far smarter in such matters than I. Unfortunately, they instead have been explored by people who are fairly smart but whose defining characteristic may be a desire to become personally richer, which again far exceeds my own.

          • uis@lemm.ee
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            10 days ago

            “Spy and snitch on your fellow Americans to prove how patriotic you are!”

            Sounds very stalinism.

        • UltraGiGaGigantic@lemm.ee
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          10 days ago

          CPG Grey

          CGP Grey right?

          Seriously the best content creator I’ve ever witnessed. His video on First Past the Post voting should be mandatory to watch.

          So tired of people thinking inside the world’s smallest box, the two party system.

          • Victoria Antoinette @lemmy.world
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            9 days ago

            His video on First Past the Post voting should be mandatory to watch.

            he doesn’t actually state in that video what should be the biggest takeaway: strategic voting is what leads to consolidation of parties, so your best interest longterm is to vote your values, even if doing so has a likelihood of losing short term.

        • uis@lemm.ee
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          10 days ago

          It did not work out well I think, especially since people seek more immediate gratification i.e. Twitch dances or whatever rather than fully college-level subject matter provided entirely for free, oh except having to watch ads for the corporate overlords.

          I can’t completely agree with it. There are a lot of college-level-only channels. From English youtube I know only The Efficient Engieneer(engieneering), Thought Emporium(molecular biology, close to popsci), Marco Reps(engieneering), Breaking Taps(engieneering, close to popsci). From popsci Veritasium(mix), Practical Engieneering(engieneering), numberphile(math), computerphile(applied math).

          From Russian youtube I can only think of popsci mixed with college-level: Ekaterina Shulman(politology, mix), Chemistry - Easy(chemistry, mostly college-level). From popsci: Physics with Pobedinsky(physics), SciOne(multiple hosts), QWERTY(multiple hosts, originally was about astronomy), Alexandr Panchin(biology), Vert Dider(mix, only translated from english), Artur Sharifov(mix).

          • OpenStars@discuss.online
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            10 days ago

            Perhaps I am being unfair with my language, so here’s an example if it helps clarify: this is a video combating vaccine disinformation campaigns. It is cute, slow paced enough, but also keeps moving fast enough, it aims low but at the same time it contains high levels of content, and basically answers anyone’s questions about the situation. It is as perfect a video as I think can possibly exist - extremely bold words, but… accurate imho? Edit: oops, this is the one I meant, but notably the fact that there are multiple that fit this criteria also serves a different point as well!?:-)

            However, instead of watching this, more people died in the USA from the pandemic than from all wars combined, and like so many other scenarios (e.g. gun violence) we will forever be ignorant of the true numbers because we are actively prevented from counting them.

            This is literally, actually, full-on life vs. death, but people cannot be bothered to watch even so much as a 10-minute video to save their life, or the life of everyone around them including their entire family. And the nation that they claim to love and be patriotic for.

            Knowledge can easily cure ignorance, but not much if anything can be done about obstinacy. Maybe if they suffer enough pain they may finally start to care enough to open up to listen a real answer, but brainwashing is so tough to attempt to break through.

            That channel also deals with climate change, technology, etc. But to switch to a very different example, another one is the rise of fascism all around the world. Ian Danskin’s Innuendo Studios has a playlist for his series on The Alt Right Playbook that is as comprehensive and deep a collection on that topic as I have ever seen. One example of the series is I hate Mondays and another is There’s always a bigger fish. These in some ways are more important than knowledge about climate change or vaccines or gun control or whatever, bc it discusses what we as a society will do about those matters. But instead of watching such, and/or even reading the Constitution that they claim to love, people instead show up at the White House with the idea to literally behead people (January 6), and on the other side liberals always seem shocked, Shocked I tell you, SHOCKED!?! at the actions of conservatives, despite how remarkably consistent they are.

            With so much free, virtually instant knowledge (okay so less than an hour?) available to us all, and with an ad blocker needs nothing at all in return but even without one having to watch a handful of ads is nothing in the grand scheme of things - with all that is available, I can only conclude that people do not want that knowledge. i.e. people in both sides - liberal and conservative - remain in their ignorance by choice, bc it’s easier to watch something akin to a TikTok dance.

            • uis@lemm.ee
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              10 days ago

              It is cute, slow paced enough, but also keeps moving fast enough, it aims low but at the same time it contains high levels of content, and basically answers anyone’s questions about the situation.

              That I call Kurzgesagt popsci, not college-level. Not that their video lacks research, just I think such format is not collage level. I consider even this(has autotranslated subtitles, I recommend watching) to be popsci.

              Examples of scientific videos: 1, 2, 3, 4, 5.

              Examples of engieneering videos: 1, 2, 3, 4, 5(closer to popsci).

              Examples of popsci: 1, 2(well, scientific journalism, but close enough), 3, 4.

              Knowledge can easily cure ignorance

              “Knowledge is the light in the darkness of ignorance”.

              bc it’s easier to watch something akin to a TikTok dance.

              Sometimes clip formats bring up discussions about society and culture too.

              • OpenStars@discuss.online
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                10 days ago

                Yes the purpose of Kurzgesagt is pop-sci. Hank and John Green are more college level (remember: American college is often equivalent to high school elsewhere in the world) and the likes of Innuendo Studios and CGP Grey can get fairly far away from dancing and deeper into philosophy.

                The reason I brought up Kurzgesagt was that even that level is beyond what people want to see.

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                  10 days ago

                  (remember: American college is often equivalent to high school elsewhere in the world)

                  Really? Are there any examples? I like laughing at America for not having healthcare, but I don’t think education can be that bad.

                  The reason I brought up Kurzgesagt was that even that level is beyond what people want to see.

                  This is very saddening.

                  • OpenStars@discuss.online
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                    10 days ago

                    First note that it’s enormously variable, with some college preparatory high schools being better than some colleges. The main thing is that education is a for-profit exercise, and now even government-funded ones behave like that too after No Child Left Behind. So like anything else, it’s whatever they can get away with selling their product with minimal input into in order to maximize the margin:-(.

                    Then above and beyond that, schools are partly paid for by the government, but also by the local district they are in, so schools in richer areas are going to be 1000x better than those in poorer ones. See e.g. this older John Oliver (Last Week Tonight) special: https://youtu.be/o8yiYCHMAlM.

    • OpenStars@discuss.online
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      12 days ago

      Who could oppose that?

      I think you know who… there is one class that seems to go FAR out of their way to control the conversation to the end of “there is no class struggle” (or even “there is no such thing as class”?).

    • Cryophilia@lemmy.world
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      11 days ago

      So perhaps we should say: for example, everyone with less than $1M in wealth gets a $20K tax deduction.

      As long as you a) have a robust enforcement mechanism (otherwise it will just be another PPP scenario), and b) offset that tax break with new taxes on the wealthy.

    • uis@lemm.ee
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      10 days ago

      Good post, but we really need to get out of the generational thinking.

      I know rich and poor boomers. I know rich and poor millenials, and gen X/Z.

      It’s a class struggle. Always has been.

      As I said somewhere else, it is not that boomers are rich. It’s just all most rich are boomers.

    • UltraGiGaGigantic@lemm.ee
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      10 days ago

      Electoral reform is needed to do away with First Past The Post voting so people can be free to vote outside the two party system with no spoiler effect.