Generation Y/Why, Millennia’s, Facebook Generation has
recently been taken a lot of flack about being a lazy generation. This Boomerang generation although educated
are predominately unemployed. According
to a recent article in CNN 85% of college graduates choose to delay adulthood
and move in with their parents (Source: http://money.cnn.com/2010/10/14/pf/boomerang_kids_move_home/)
It does make financial sense to move back in with M/D to
payoff dep’t and create an emergency fund the problem is when is enough,
enough.
As outlined in http://20somethingfinance.com/moving-in-with-parents/
the three virtues not being demonstrated by these individuals are:
responsibility, urgency, and self-respect.
Let me pause there… I believe society blames these young
individuals for their predicament. What
everyone fails to see is the parents’ generation yes those Baby Boomers are one
again responsible for allowing this post-adolescence period to occur. I think is safe to say that for the first
time in a long time an offspring’s generation will be less privileged than the
one before it.
Look into the eyes of the victim. It is not a man but a boy in a man’s body
there. 21-25 is by no means a
responsible adult, heck I see 25-35 year olds act with the financial and
problem solving judgment of a teenager. It is the parents fault because of the
values instilled in the child. We need a
little more tough love/personal accountability and less bailouts.
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