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There is no power imbalance except for the ones you create for yourself. A company doesn’t have much power over an employee willing to walk away for some other

There is no power imbalance except for the ones you create for yourself. A company doesn’t have much power over an employee willing to walk away for some other job.

Retra 7y ago
And you think every person should be willing to walk away for some other job? How will that play out?
- ericd 7y ago
  Absolutely they should be willing to walk away. This is why scrimping and saving until you have some form of emergency fund is so important.
  - orthecreedence 7y ago
    And you should be born with a trust fund and not have let people convince you to take on overwhelming debt when you were 17 and naive. It's all very simple. Granted, I agree with you about emergency saving, but a lot of people don't have the extra laying around when they're shackled to debt.
    - ericd 7y ago
      Come on, don't be hyperbolic. You don't need a trust fund to do just fine. No one I knew growing up had a trust fund afaik. What is this victim complex my generation seems to have bought into wholesale? Who tricked you into taking on debt? Was in-state tuition not an option? As for the saving not being an option, are you sure you've cut your expenses as far as you can? If you eat out more than once per month or pay more than $30/mo for your cell phone, the answer is no. Sorry if this comes off as harsh, but people oftentimes complain about not being able to save due to student loans or whatever, and then it turns out they're being ridiculously bad with their money in so many other ways.
      - Retra 7y ago
        Yet you still believe they should be willing to walk away from their job.
        ericd 7y ago
        Which part should make me not believe that? If you're not willing to walk away from your job, you have no leverage against your employer. I mean, ideally, you find another job before you leave your current one, if only for negotiating leverage to get a better salary from the new employer - it's not ideal to just leave with no backup plan. But you should always make it so that walking away is an option.
      - orthecreedence 7y ago
        > Who tricked you into taking on debt? Nobody tricked me, I'm debt-free. But most of the people I grew up with went to college, and most of them are riddled with debt now. Was it their personal responsibility not to go into debt? Technically, yes! Did they have all the information available to them about what this debt would mean for their lives? No. Would they have made this decision if we didn't live in a society that repeatedly told them "go to college or you will fail?" Likely not, or maybe they would have waited until they understood the world better. I'm not talking about any singular person, here. But I think it's unfair to classify our generation as having a victim compex when: - wages are stagnating - cost of living is rising - most jobs require college degrees - kids who are barely of-age are being pushed to make enormous financial decisions - the federal government not forgiving student loans via bankruptcy is ballooning costs of schools everywhere and creating an entire predatory market for profiting off of people becoming productive members of society Are millenials dumb with money? Honestly, the ones I know might go out one too many times here or there, but they aren't idiots, and the amount extra they could be saving is a drop in the bucket compared to their monthly expenses. Some are silly, yeah, but the majority are trying really hard and still struggling. The last few generations just had it way easier, with less commodification of all of the aspects of their lives, with a less hostile education system, a better job market, etc. Not only this, but as the boomers start dying off, who's going to pick up the bill? The people who are right now in their 20s and 30s. So things are about to get a whole lot worse. The solution isn't just to "save more." We need deep-seated systemic changes.

There is no power imbalance except for the ones you create for yourself. A company doesn’t have much power over an employee willing to walk away for some other job.

Retra 7y ago

And you think every person should be willing to walk away for some other job? How will that play out?

ericd 7y ago
Absolutely they should be willing to walk away. This is why scrimping and saving until you have some form of emergency fund is so important.
- orthecreedence 7y ago
  And you should be born with a trust fund and not have let people convince you to take on overwhelming debt when you were 17 and naive. It's all very simple. Granted, I agree with you about emergency saving, but a lot of people don't have the extra laying around when they're shackled to debt.
  - ericd 7y ago
    Come on, don't be hyperbolic. You don't need a trust fund to do just fine. No one I knew growing up had a trust fund afaik. What is this victim complex my generation seems to have bought into wholesale? Who tricked you into taking on debt? Was in-state tuition not an option? As for the saving not being an option, are you sure you've cut your expenses as far as you can? If you eat out more than once per month or pay more than $30/mo for your cell phone, the answer is no. Sorry if this comes off as harsh, but people oftentimes complain about not being able to save due to student loans or whatever, and then it turns out they're being ridiculously bad with their money in so many other ways.
    - Retra 7y ago
      Yet you still believe they should be willing to walk away from their job.
      - ericd 7y ago
        Which part should make me not believe that? If you're not willing to walk away from your job, you have no leverage against your employer. I mean, ideally, you find another job before you leave your current one, if only for negotiating leverage to get a better salary from the new employer - it's not ideal to just leave with no backup plan. But you should always make it so that walking away is an option.
    - orthecreedence 7y ago
      > Who tricked you into taking on debt? Nobody tricked me, I'm debt-free. But most of the people I grew up with went to college, and most of them are riddled with debt now. Was it their personal responsibility not to go into debt? Technically, yes! Did they have all the information available to them about what this debt would mean for their lives? No. Would they have made this decision if we didn't live in a society that repeatedly told them "go to college or you will fail?" Likely not, or maybe they would have waited until they understood the world better. I'm not talking about any singular person, here. But I think it's unfair to classify our generation as having a victim compex when: - wages are stagnating - cost of living is rising - most jobs require college degrees - kids who are barely of-age are being pushed to make enormous financial decisions - the federal government not forgiving student loans via bankruptcy is ballooning costs of schools everywhere and creating an entire predatory market for profiting off of people becoming productive members of society Are millenials dumb with money? Honestly, the ones I know might go out one too many times here or there, but they aren't idiots, and the amount extra they could be saving is a drop in the bucket compared to their monthly expenses. Some are silly, yeah, but the majority are trying really hard and still struggling. The last few generations just had it way easier, with less commodification of all of the aspects of their lives, with a less hostile education system, a better job market, etc. Not only this, but as the boomers start dying off, who's going to pick up the bill? The people who are right now in their 20s and 30s. So things are about to get a whole lot worse. The solution isn't just to "save more." We need deep-seated systemic changes.