What the hell is this shit? Instead of pushing for the return to traditional pensions, capitalism is celebrating the idea that Millennials and Gen Z may simply never be able to stop working. ( www.cnbc.com )

xaetrus , 8 months ago

A soft lifestyle? And to think this whole time I thought it was just called “being poor and underpaid”

SCB , 8 months ago

Generally the people being discussed in this article are not poor and underpaid, but rather prefer work-life balance to be heavily slanted toward “life” and “experiences” rather than “work as much as possible to make as much as possible.”

CosmicCleric , 8 months ago

Generally the people being discussed in this article are not poor and underpaid

From the article, buried inside of it…

Additionally, inflation makes it harder for people to cover their expenses or save, Koehler said.

A report by Blackrock shows that in 2023, only 53% of workers believe they are on track to retire with the lifestyle they want. A lack of retirement income, worries over market volatility and high inflation were some of the reasons cited for a lack of confidence about retirement among workers.

I know the article insinuates it, but I don’t think we can assume that people can afford more but just don’t want to spend more, to protect their lifestyle.

I believe it’s more of people want a better lifestyle and they’re not getting paid enough for it, that they’re expecting the same lifestyle that the previous generations had, and are not being selfish and asking for more than others had.

randomdeadguy , 8 months ago

Yeah! They should be raising themselves up by pulling up those bootstraps. That’s the way anyone can reach a higher socio-economic status. America!! /s

SCB , 8 months ago

This really has nothing to do with “bootstraps” which is a satirical metaphor (originally satirical) about climbing from poverty.