4 ms·

Really? Are you worse off then your parents?

• ionised 8y ago
  This generation is, by and large, yes.
  • manigandham 8y ago
    In what way? There are billions lifted out of poverty across the planet over the last few decades. Every objective measure shows improvement. What are your counter examples?
    • fzeroracer 8y ago
      In the US, socioeconomic mobility is way down, housing prices are up, insurance prices are up and wages have not kept up with inflation. We're lagging far behind some of our far-less-rich counterparts. These are all facts solidly backed up through studies over the years.
      • manigandham 8y ago
        In the US: meaning around 4% of the world's population who are all in the 1% of global wealth. If you're going to talk about an entire generation, then I found it disingenuous to scope it down to a tiny minority of the people in the world. Mobility might have decreased in this country relatively (although without considering the cause) but absolute quality of life has increased with iphones in every pocket, on-demand services for everything imaginable, and white collar tech jobs paying mid-6-figures in one of the strongest currencies. I have to again bring up the fact that this is on YC forums which have witnessed many people from many countries start with nothing but a few comments and build incredibly successful companies. Compared to the wars, depressions and struggle of prior generations, folks today are at a height of comfort and opportunity never seen before.