Income, education, and Generation Y

[Person Man]

I don't question that. However, the millennial generation is NOT dumber than its predecessors, and almost certainly not more lazy.

We have always had a very cushy lifestyle in our generation.

The government education industry complex has taken advantage of that. See monstrous palace dorms and gourmet $20 a day meal plans.

And, of course, labor force participation rates have plummeted due to these types not entering the labor force.

And of course this has nothing to do with the Boomers retiring and somehow having a good lifestyle dictates the type of person you are.

[Person Man]

I don't question that. However, the millennial generation is NOT dumber than its predecessors, and almost certainly not more lazy.

We have always had a very cushy lifestyle in our generation.

The government education industry complex has taken advantage of that. See monstrous palace dorms and gourmet $20 a day meal plans.

And, of course, labor force participation rates have plummeted due to these types not entering the labor force.

And of course this has nothing to do with the Boomers retiring and somehow having a good lifestyle dictates the type of person you are.

Facts are tricky for liberals.


http://www.urban.org/UploadedPDF/412880-why-are-fewer-people.pdf

The dramatic drop in labor force participation during and after the Great Recession has
been driven by a decline in labor force entry rates rather than substantial increases in the
share of workers becoming discouraged and leaving the workforce.

If you actually read it, you would see that the numbers of change over years is relatively unchanged by age.