At least half of older millennials aren’t getting a taste of the American Dream
Right now roughly half of 30-year-olds make more money than their parents did when they were the same age, according to a December paper on social mobility. A separate study from the Guardian published in March found that Americans under 30 are already poorer than retirees — despite the fact that they’re working.
There are two main reasons that Americans born in the 1980s face higher hurdles than their parents, the researchers found.
The first is that throughout much of the 20th century, the U.S. economy grew a lot faster than it has in more recent years, as millennials have come of age.
The second reason has to do with inequality in the way gains have been distributed among Americans. Growth alone to restore economic mobility, gross domestic product would have to increase by more than 6% each year, more than double the rate it grew in the past year.
Millennials inherited a vastly wider wage gap between the rich and poor
A separate study released on Tuesday also found that income inequality has grown far faster than previously thought: In fact, half of the country has seen stagnant wages since 1980, while the wealthiest Americans have seen incomes skyrocket.In the last 3 ½ decades, the gap between what the richest 1% makes and what the bottom 50% earns has grown nearly threefold.
Globally, young people are increasingly subsidizing the elderly
Call it a thank you, despite the economic lot they’ve inherited: Across the globe, millennials are increasingly likelier than previous generations to pass financial resources to older groups — beyond what they receive. Read more
the US is unreal like girls cant wear shorts to school, you can literally lose your job for being gay, and unarmed black children are brutally murdered on the regular but old white ppl r still like “what a beautiful country. i can freely carry a gun for no reason and some of our mountains look like presidents. god bless”
On November 18th, 2011, a peaceful protest was held in UC Davis. A branch of “Occupy Wallstreet”, Occupy UC Davis was intended to protest police violence on UC campuses.
The police responded by hearing their concerns, agreeing and then pepper-sprayed the protesters.
That’s right, they attacked students that were protesting the fact that they attack people. source
If you’re thinking “Oh man, someone got some compensation for this, right!?” Yup. Someone did.
The cop.
The stress of being the poor victim netted him a $38,000 in worker’s comp.
That’s more than a lot of people make in a full year. source
UC Davis “Investigated” this. And the guy who conducted the investigation was a Police Chief William J. Bratton – Chairman of the private business that provides UC Davis’s security. SOMEHOWthere wasn’t enough evidence to charge the officers involved in this incident. source
It just came out that UC Davis has paid $175,000+ to a private “Image Management firm”, who is putting all of that sweet, sweet dollar into manipulating Google’s search engines, as well as other networks, to make it a lot LOT harder to find reminders that this happened. Read that what-proper:
They’re spending almost $200,000 of school funds to escape being remembered for this awful incident.
So let’s take a stand. Let’s fight back against their attempts to censor the truth and avoid accountability for their awful, awful actions and violent corruption.
And honestly, I think that the whole “millennials are so entitled” thing is just to gaslight young people with shitty jobs into thinking they’re crazy for expecting basic decency and respect.
Hi there , specialist Bernstein from the United States army here, being a part of the service is great but it is a choice only you can make and yes it is a choice to sacrifice your life. Do I wish everyone to sign up to get free college? FUCK NO I firmly believe in free.college for the masses of United States citizens because to be blunt YOU SHOULD NOT HAVE TO RISK GETTING BLOWN THE FUCK UP OR SHOT FOR FUCKING SCHOOL HOLY SHIT
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