Generation Vex---this is not your grandfather's depression. -----lee
If these kids and their worried parents would get out and organize, march and demonstrate for an end to outsourcing, offshoring and illegal immigration, they would have decent jobs and decent futures. It's worth the effort folks!---rng
Burdened with economic uncertainty, high unemployment, and a volatile investors’ market, young Americans are desperately seeking job security — while anxiously chasing the "American Dream." The economy simply isn’t what it was when they first entered the job market, or when they were finishing high school or working for their college degrees. The entire economic, financial, and social class system has changed. Indeed, the entire country has changed.
They’re not Generation X, or Generation Y. According to the Los Angeles Times, they’re "Generation Vexed" — a struggling generation of "young Americans [aged 20 to 29] who are downsizing expectations in the face of an economic future that is anything but certain." As a result, "Career plans are being altered, marriages put off and dreams shelved." Young Americans are trapped under a stagnant economic umbrella, and, lamentably, they are left with no foreseeable escape.
Twenty-year-old Alicia Thomas, a political science major at UC San Diego, thought she had the next 10 years of her life planned out: career at a nonprofit organization; married at 24; her first home at 26, and then children. But as the economy remains stale and the financial markets herald an unpredictable fate, achieving her American Dream seems a distant vision.
"I've changed my major so many times, not knowing which will help guarantee a stable income, health insurance and the ability to put my kids through college," said Thomas. "It's made me realize that I could have my degree and be networking, but it would still be a challenge to find a well-paying job."
Indeed, the "Vexed" generation is a social class in itself, a despairing class, and their perception of the future is anything but favorable. A Gallup poll in May posed the question:
For more ...
If these kids and their worried parents would get out and organize, march and demonstrate for an end to outsourcing, offshoring and illegal immigration, they would have decent jobs and decent futures. It's worth the effort folks!---rng
| Written by Brian Koenig |
| Friday, 26 August 2011 16:32 |
Burdened with economic uncertainty, high unemployment, and a volatile investors’ market, young Americans are desperately seeking job security — while anxiously chasing the "American Dream." The economy simply isn’t what it was when they first entered the job market, or when they were finishing high school or working for their college degrees. The entire economic, financial, and social class system has changed. Indeed, the entire country has changed.
They’re not Generation X, or Generation Y. According to the Los Angeles Times, they’re "Generation Vexed" — a struggling generation of "young Americans [aged 20 to 29] who are downsizing expectations in the face of an economic future that is anything but certain." As a result, "Career plans are being altered, marriages put off and dreams shelved." Young Americans are trapped under a stagnant economic umbrella, and, lamentably, they are left with no foreseeable escape.
Twenty-year-old Alicia Thomas, a political science major at UC San Diego, thought she had the next 10 years of her life planned out: career at a nonprofit organization; married at 24; her first home at 26, and then children. But as the economy remains stale and the financial markets herald an unpredictable fate, achieving her American Dream seems a distant vision.
"I've changed my major so many times, not knowing which will help guarantee a stable income, health insurance and the ability to put my kids through college," said Thomas. "It's made me realize that I could have my degree and be networking, but it would still be a challenge to find a well-paying job."
Indeed, the "Vexed" generation is a social class in itself, a despairing class, and their perception of the future is anything but favorable. A Gallup poll in May posed the question:
In America, each generation has tried to have a better life than their parents, with a better living standard, better homes, a better education, and so on. How likely do you think it is that today’s youth will have a better life than their parents — very likely, somewhat likely, somewhat unlikely, or very unlikely.
According to the poll, only 44 percent of Americans believe it is likely that today’s youth will have a better standard of living than their parents — the lowest recorded in nearly three decades. For more ...
