Economic Vampirism--how the boomers are robbing GenX (and Millenials)

[Galen]

(06-13-2016, 07:52 PM)beechnut79 Wrote:

(05-22-2016, 09:59 PM)Galen Wrote:

(05-22-2016, 03:03 PM)beechnut79 Wrote: You mean like the idea that if you got in a job in a good company and did everything you were supposed to do, you were most often set for life? And usually you only got fired if you did something pretty awful, and even if that did happen, you usually could recover more quickly than is the case today? And everything you did was not tracked so heavily like it is now? And before the days when office politics and political correctness trumped reason?

Pretty much.

This process was well underway in the mid-eighties when I started working.  This sort of crap tended to come from over eager Boomer middle management.  Welcome to my world as it has always been.  This too will probably pass but too late to do me any good.

It's been slow in passing, and today seems to be even worse than it was at that time. Will probably not pass until the vast majority gets fed up enough to take to the streets. Most now are too self-absorbed to do so. It began on a small scale with the "Fight for 15" crusade along with the Occupy thing.

I would expect that increasing the minimum wage will cause many more low skilled jobs to be automated away.  It seems unlikely that unions will make much of a comeback under those conditions.