16%  

But I also had certificates of deposit at that rate too.  

From: Robert 
Sent: Friday, September 27, 2024 4:59 PM
To: af@af.afmug.com 
Subject: Re: [AFMUG] Gen Z new college grads

And 13.5% mortgage rates.  Buying a house in the 70's was Waaaay more difficult 
than it is now...


On 9/27/24 12:06 PM, Ken Hohhof wrote:

  Sounds about right.

  Only thing I'd add is I think the Internet contributes to this.

  I hear from my 37 year old son how all these difficulties are because the 
"boomers" broke everything and rigged the system against them. I don't think 
the kids really know what a baby boomer is, it's a synonym for "the olds".

  At 37 he's not the Instagram/Tiktok generation, more the 
Youtube/Reddit/podcast generation. But people are telling him the boomers 
rigged the system and made life hard for him.

  Hey, I am a boomer. I went through recessions, the Vietnam draft, double 
digit inflation, the Arab oil embargo, the stock market crash of 1987. Oh and 
JFK, John Lennon and Ronald Reagan being shot. I figured I had it good because 
my dad and uncle fought in WW2, and my grandfather lived through the Great 
Depression. But I guess everything was just peachy until my generation 
conspired to make life difficult for the "not olds".

  ---- Original Message ----
  From: "Forrest Christian (List Account)" 
  Sent: 9/27/2024 12:42:26 PM
  To: "AnimalFarm Microwave Users Group" 
  Subject: Re: [AFMUG] Gen Z new college grads


  My take on this is that most high school or college grads take a while to 
figure out how to manage having a job.   They also take a while to accumulate 
enough resources and get paid enough that life doesn't consist of working your 
ass off just to barely cover (or not) essential living expenses. Most of us 
started out living in crap conditions, eating whatever we could get for cheap, 
and driving vehicles which were lucky to start on a good day.  

  The difference I see is that gen Z seems to blame the 'olds' for their 
problems and don't understand that everyone goes through this barely feeding 
yourself stage.  There is also this odd sense of entitlement mixed with bizarre 
expectations.  I don't remember many of my peers expecting to be given a job 
where they didn't have to do normal work things like show up and get paid large 
amounts of money.  Oh,  and to never be given negative feedback.   

  I realize every generation goes through this cycle that eventually ends up 
with complaining about the younger generations.   It makes me smile to see the 
millennials switch from being the problem generation to whining about the 
problem generation.   But,  I can't help but feel that there is something 
fundamentally broken in a very non-similar-to-the-past way with many in the 
latest crop. 

  On Fri, Sep 27, 2024, 7:52 AM <dmmoff...@gmail.com> wrote:

    I've often said this, but part of the issue is selection bias.  People who
    can't hack it will eventually either wise up or remove themselves from the
    work force, and then the older cohort will look better as a consequence.
    I'm at the borderline between "Gen X" and "Millennial", and people
    complained and moaned about both age groups.  We're senior staff and
    management now and complaining about how lazy Gen Z is.   You can find news
    articles from the 1800's complaining about "today's young people".  This is
    the same wheel that's been turning since the beginning.  

    Ugg and Ogg sat in their cave knapping flint spearheads and complaining
    about how wheels are making kids too lazy to do real work.



    -----Original Message-----
    From: AF <af-boun...@af.afmug.com> On Behalf Of Ken Hohhof
    Sent: Thursday, September 26, 2024 6:31 PM
    To: af@af.afmug.com
    Subject: Re: [AFMUG] Gen Z new college grads

    I assume some percentage of people in the Gen Z cohort do want to work hard
    and build a successful career. Imagine you're a new grad hired into a work
    from home or 2 days at the office company. That's got to be sub optimum. I
    think the whole Covid work from home thing also relieved the first level
    managers of actually doing their job - managing people. Or is that done by
    AI now?

    Article seems to say after a couple years of just griping about it, bosses
    are starting to fire the non performers. So what were the bosses doing until
    now to earn their pay? Oooooh, firing people is hard! With newbies you also
    need to do feedback and mentoring, because according to the article,
    colleges aren't preparing them for the world of work. And if these companies
    have accumulated a bunch of worthless employees with bad attitudes, that's
    going to rub off on impressionable newbies. Honestly, that kind of happened
    to me at my first job after college.

    Just my $0.02 worth.

    ---- Original Message ----
    From: ch...@go-mtc.com
    Sent: 9/26/2024 5:06:27 PM
    To: "AnimalFarm Microwave Users Group" <af@af.afmug.com>
    Subject: Re: [AFMUG] Gen Z new college grads

    There seems to be a growing idea amongst the younger citizens that there is
    a universal human right to never suffer hurt feelings.  The ultra woke I
    think would see a world where you have to be nice all the time to everyone,
    irrespective of circumstance.

    This was prophesied by Rod Serling:
    https://youtu.be/QxTMbIxEj-E?si=KMH-oBOURYW7tPbM

    -----Original Message-----
    From: Jan-GAMs
    Sent: Thursday, September 26, 2024 3:46 PM
    To: af@af.afmug.com
    Subject: Re: [AFMUG] Gen Z new college grads

    What did you expect?  They're raised on TV and gameboxes and a diet that
    literally had no food value, zero nutrition.  Their brains never developed
    and most of them are now living on adderal or ritilin.
    They're non-functional humans and we have an entire generation of them.
    With the attention-span of a fruit-fly.  We might as well have used
    lead-cookware, same result.

    On 9/26/24 14:13, Ken Hohhof wrote:
    > https://fortune.com/2024/09/26/bosses-firing-gen-z-grads-months-after-
    > hiring/
    >
    >
    >

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