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> Somehow they think they're the only generation that's ever been through hard times. Not sure how you inferred this from my comment. My parents went through m
by aianus 8y ago
> Somehow they think they're the only generation that's ever been through hard times.
Not sure how you inferred this from my comment. My parents went through much harder times when they were my age.
However, unemployment would be a trivial inconvenience for them now at 50. They’d probably just retire and not bother looking for another full time gig. I don’t really know any 26-year-olds who could say the same.
Edit: I looked at the data and the median 55-59 year old in the US has US$150k in net worth vs. US$19k for the median 25-29 year old. Why would the former need extra legal protections against employment discrimination and the latter not?
- agotterer 8y agoNet worth and savings are not the same thing. But let’s pretend for a second it was and a 55 year old was to lose his/her job and never have another source of income. That means the $150k would have to last 20+ years on average, which is $7500 a year to live on. But now let’s stop pretending and realize that net worth includes the value of assets, like cars and houses. So the amount to live on is even less money unless they sell all their assets. We are also assuming the house, car, and credit cards are paid off and there aren’t monthly debt obligations.