Generation Y Entitled To $50,000 Per Year Jobs? May 13, 2006
Saw this article in the New York Post about how Sen. Hillary Rodham Clinton lashed out at the instant-gratification generation, saying young adults “think work is a four-letter word.”
“Kids, for whatever reason, think they’re entitled to go right to the top with $50,000 or $75,000 jobs when they have not done anything to earn their way up,” the Dems’ 2008 White House front-runner said.
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“A lot of kids don’t know what work is. They think work is a four-letter word,”
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“We’ve got to send a different message to our young people. America didn’t happen by accident. A lot of people worked really hard. They’ve got to do their part, too.”
Gen Y’ers (born between 1978 and 1986), are in a culture that has a premium on instant gratification. Instant consumerism is said to be part of the Gen Y life. Is this generation raised to treat debt as a normal part of life? Rob Frankel, author of The Revenge of Brand X
“Boomers bought stuff because they needed it; X’ers buy because they want it. Gen Y is less rooted in traditional social mores and ethics. They are easier targets, because they have grown up in a culture of pure consumerism. They’re more likely to buy because they see buying as a part of life.”
Generation X (born between 1965 and 1978) may be the ones who started feeling entitled to certain standard of living, but I think it’s unfair to label all Gen Y feeling entitled to $50,000 jobs right out of college. But seeing shows like My Super Sweet 16 makes me wonder about the Millenial generation (or whatever the generation after Generation Y is called). Is our society doomed to debt?
Source:
HILL SCOLDS LAZY GEN. Y
By IAN BISHOP, New York Post
- Posted in : Money and Relationship
- Author : Kyle
Comments»
Interesting post. But I think My Super Sweet 16 folks are definitely a exaggeration of gen Z(?)…I sure hope so anyway.
Hilary’s daughter managed to land a job paying over $100,000 as a “consultant” at McKinsey right after grad school graduation… Others are certainly not entitled to half of what her own daughter makes, of course. Chelsea worked hard for that money, just like every other child of super-popular people.
I will admit (born 1980) that one of my biggest obstacles to overcome upon leaving college was the feeling that I should be making more money.
Fortunately I was taken under the wing of a senior management team member who basically helped me understand that this is not the way the world works. And that though I may have impressive academic credentials I really knew about nothing.
Getting over that pride was my key to feeling fullfilled at work, and it was my dilligence in the little things that led me to the better tasks and pay that i desired.
[…] A day after Hillary Clinton lashed out on Generation Y’s work ethic, her daughter, Chelsea, called to complain. Clinton apologized and didn’t mean to convey the impression that they don’t work hard. Backing away from her assertion that the current generation is lazy, Senator Hillary Rodham Clinton said on Sunday that she simply wanted to “set the bar high” when she told an audience last week that young people today “think work is a four-letter word.” […]
I think every generation has their slackers and hard workers. Just renamed for a new generation. Also, I think Gen Y’ers have a high expectation as far as jobs and income go, since their parents pushed them hard or created a certain level of living standard that made Gen Y’ers who they are.