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Is this an editorial or an article? If this is considered real journalism by the Atlantic I don't think I'll be clicking on links form them anymore. This is abs
by Zenbit_UX 7y ago
Is this an editorial or an article? If this is considered real journalism by the Atlantic I don't think I'll be clicking on links form them anymore. This is absolute rubbish and dripping in bias.
- claudiulodro 7y agoIt's the Ideas section ("ARGUMENTS. ESSAYS. INQUIRIES."), so it's editorial. Either way, it seems to be well-researched as far as I can tell. What's your specific gripe with it? e.g. > The net worth of your average Millennial household is 40 percent lower than for Gen X households in 2001 and 20 percent lower than for Baby Boomers’ households at the end of the 1980s. This links to a federal reserve study.
- malandrew 7y ago> What's your specific gripe with it? My specific gripe with it and most articles these days is that it's driving an agenda, the hallmark of which is the omission of any contradictory evidence. In the course of their research, they certainly encountered evidence that contradicted their hypothesis, yet when they went to print all this was omitted. If someone is exploring an idea, I like it to at least approximate the approach of good scientific research paper. Propose a hypothesis, present the data (supporting or otherwise), have a discussion and then suggest a conclusion for consideration. As opposed to find data that supports your hypothesis, throw out all other data you encountered along the way and since you have a foregone conclusion, no discussion is necessary. The other thing I'd like to see if anyone predicting the future to also pen an alternate piece using scenario planning. "In my previous essay, I predicted X will happen around year Y. In this essay, I'm going to imagine that it is year Y and it turns out that my prediction of X was completely wrong and I will explore all the possible flaws in my previous essay to determine what went wrong. This approach forces people to be their own devil's advocate.
- notfromhere 7y agoNot every issue has a "both sides". Data is pretty universal in showing that the millenial cohort is pretty financially precarious
- malvosenior 7y agoDo you have a link to that data?
- mdorazio 7y agoThere were multiple links in the article. 30 seconds on google scholar will show you as many additional ones as you want, ex. [1][2]. Asking for links here is not really appropriate. [1] https://www.bls.gov/opub/mlr/2014/beyond-bls/millennials-after-the-great-recession.htm?rel=%22nofollow%22 https://www.bls.gov/opub/mlr/2014/beyond-bls/millennials-aft... [2] http://www.frbatlanta.org/documents/pubs/econsouth/14q1.pdf http://www.frbatlanta.org/documents/pubs/econsouth/14q1.pdf
- claudiulodro 7y agoCan you please point me towards some legit data that shows Millenials are crushing it and are not, in fact, having worse financial outcomes than previous generations?
- malvosenior 7y agoWhile inequality is up, the median income is at an all time high: https://en.wikipedia.org/wiki/Household_income_in_the_United_States https://en.wikipedia.org/wiki/Household_income_in_the_United... Lowest infant mortality rate at all time: https://www.macrotrends.net/countries/USA/united-states/infant-mortality-rate https://www.macrotrends.net/countries/USA/united-states/infa... I'd also say that we're lucky to be alive at a time when you can make a very generous salary without having a degree as a professional software developer (source: myself). I think there are a lot of people who overextended themselves getting a degree with little to no monetary value but that's definitely not the whole story for this generation.
- bwoj 7y agoYou might read the article you linked to at wikipedia. It doesn't really support your point. Real (inflation adjusted) figures are more useful than nominal for measuring income growth.
- malvosenior 7y agoFrom the Wikipedia article: "According to the CBO, between 1979 and 2011, gross median household income, adjusted for inflation, rose from $59,400 to $75,200, or 26.5%.[18] However, once adjusted for household size and looking at taxes from an after-tax perspective, real median household income grew 46%, representing significant growth."
- bwoj 7y agoAlso things like: "U.S. economic growth is not translating into higher median family incomes. Real GDP per household has typically increased since the year 2000, while real median income per household was below 1999 levels until 2016, indicating a trend of greater income inequality" And: "Total compensation's share of GDP has declined by 4.5 percentage points from 1970 to 2016. This implies that the share attributed to capital increased in that period." Also: "Measured relative to GDP, total compensation and its component wages and salaries have been declining since 1970. This indicates a shift in income from labor (persons who derive income from hourly wages and salaries) to capital (persons who derive income via ownership of businesses, land and assets). This trend is common across the developed world, due in part to globalization.[16] Wages and salaries have fallen from approximately 51% GDP in 1970 to 43% GDP in 2013. Total compensation has fallen from approximately 58% GDP in 1970 to 53% GDP in 2013" The whole picture here is a pretty mixed bag and not at all a case for how median wage to the average worker is phenomenal.
- wan23 7y agoYou might find that it's better to seek out writing from a variety of sources if what you want is to see a wide spectrum of opinions. There is a type of news that tries to fit in everyone's opinion, but it is dying because very few people actually want that.
- malandrew 7y agoI already do that. The problem is that too many people all over the political spectrum don't do that and they have the right not to seek out competing viewpoints, but they also have the right to vote. As a result, an externality of all this biased agenda-driven content masquerading as journalism is that bad politicians with bad policies are elected, and I and others are hurt by that.
- tribeofone 7y agoI flag all articles from the Atlantic. Everything is biased drivel.