tag:blogger.com,1999:blog-7494243.post113458481165154255..comments2024-02-23T05:25:52.036-05:00Comments on steve's blog: Crushing debt, high housing costs and stagnant incomes are forcing South Florida's young adults to adopt a no-frills lifestyle.Livemallshttp://www.blogger.com/profile/01567198484359363455noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7494243.post-1134609580952611102005-12-14T20:19:00.000-05:002005-12-14T20:19:00.000-05:00Your generation did get a major squeeze form the a...Your generation did get a major squeeze form the aquisition-fed orgy that was the '80s and '90s. We were somewhat misled as well.<BR/><BR/>I don't blame society for my debts, but I say that the economy based on easy credit that we all were a part of was not a good idea, and the results of the newfound belt tightening that the credit companies are doing to the consumers of this country is going to have some disasterous results. <BR/><BR/>Gen Xers like the ones in Miami are more common than corporate America would like to belive these days and their collective rejection of excess could send the economy into a tailspin.Livemallshttps://www.blogger.com/profile/01567198484359363455noreply@blogger.comtag:blogger.com,1999:blog-7494243.post-1134604748294556662005-12-14T18:59:00.000-05:002005-12-14T18:59:00.000-05:00This is such a depressing article, not only becaus...This is such a depressing article, not only because these facts are so obvious, but because I feel like the 'post-yuppie, post-boomer' generation felt this first. We really incurred the wrath of the so-called 'hippy' generation who went to college for free and did a few years in the peace corps to avoid conscription, because the first group to realize that loan debt would necessarily imperil any altruistic career decisions were referred to as 'whiners' who needed to 'grab a shovel.' Notably, this is when the mainstream and so-called 'alternative' medias exclusively represented the baby-boom perspective. Computer technology has enabled more generations' voices to be heard, but this doesn't resolve the economic issue at hand. Things have gotten much worse since my 'gen' was told to quit whining. I think it's pretty ironic that the baby boomers were the greatest number to benefit from banking policies that indebt the masses for the benefit of the few, but who wants to listen to a whiner?<BR/><BR/>I will say, however, that extravagant lifestyles and buying habits brought some of these people into the place they now occupy. 'Thrifting' as a big sacrifice never really strikes a sympathetic chord with me...... I didn't even start to become acquisitive until I discovered thrift stores. It was never a problem for me to do without.Anonymousnoreply@blogger.com