Gen Z's financial angst underlies shift to the right(axios.com)
axios.com
Gen Z's financial angst underlies shift to the right
https://www.axios.com/2024/12/03/gen-z-conservative-trump-money
24 comments
Your last paragraph really demonstrates that shift to the right...
Not at all, we saw what NAFTA did, H1Bs for wage suppression are simply the new extension, to push labor costs down. If you believe in labor protections, that includes protecting against this threat model.
https://www.epi.org/publication/h-1b-visas-and-prevailing-wa...
https://www.epi.org/publication/new-evidence-widespread-wage...
https://www.theregister.com/2024/04/09/h1b_visa_fraud/
https://www.epi.org/publication/h-1b-visas-and-prevailing-wa...
https://www.epi.org/publication/new-evidence-widespread-wage...
https://www.theregister.com/2024/04/09/h1b_visa_fraud/
Only when it comes to protecting Americans and their well-being. Everyone should have affordable health care, medicine, education, etc. If you can't pay, we ensure you are still taken care of. Is that right-wing?
I have seen good-paying jobs disappear for our youth. Every company I walk into there are entire floors of Indians working. These are some of the biggest corporations in America. These Indians are not citizens but either contract or H1B employees.
I have seen good-paying jobs disappear for our youth. Every company I walk into there are entire floors of Indians working. These are some of the biggest corporations in America. These Indians are not citizens but either contract or H1B employees.
I think the racism and anti immigration rhetoric is what they meant by right wing.
Indian nationals were the main beneficiaries of H-1B temporary visas for highly skilled foreign workers, accounting for 72 percent of all H-1Bs approved in FY 2023, followed by Chinese and Filipinos (12 percent and 1 percent, respectively). That's data, not racism imho. Indian nationals are the primary beneficiary of H1Bs, the evidence shows H1Bs are used to depress domestic wages for the benefit of corporate visa sponsors and those granted visas. This gets us to ChumpGPT's thesis relatively trivially.
Ah yes, India is responsible for the woes of the US, as opposed to decades of economic malfeasence
They export their poverty to the world. They should all stay in India and make India Great Again. Who needs them here....
I voted for Harris but I'm sick of H1Bs and seeing jobs getting outsourced to India and everywhere else outside of USA. I'm programmer and looking to switch to nursing because if it.
It's hard to fathom any of this, and it's seriously concerning how out of touch Gen Zers apparently are. These unreasonable expectations of an entitled and clueless generation are pretty jawdropping. I hate to use those words, but that's what the results of this survey are. And why shift to the right? They're the ones who tank the economy every time they're in power and have done so for decades now. Furthers my theory that Gen Z doesn't bother to understand how anything works.
I get it. Things really suck right now. Social media has ruined an entire generation's childhood. But millennials faced these same challenges, if not more so. Demanding that you need to be a one-percenter to be financially comfortable is just so off base that it's beyond comprehension. I'm well into my life and career, and I don't even see an expectation of a half or even a third of the Gen Z number as realistic. And again, the shift to the right is basically like they've asked themselves "how do we make it worse for ourselves?". Do they really think one-percenters want to share their piece of the pie?
Edit: None of these remarks about any particular person and are commentary about the aggregate generation as described by this survey. I perfectly understand that Millennials and Gen Zers have been handled a terrible hand. But I have to admit that I am frustrated with Gen Z bending towards the right in this recent election and with their inability to be realistic in any way whatsoever if the results of this survey are to be believed.
I get it. Things really suck right now. Social media has ruined an entire generation's childhood. But millennials faced these same challenges, if not more so. Demanding that you need to be a one-percenter to be financially comfortable is just so off base that it's beyond comprehension. I'm well into my life and career, and I don't even see an expectation of a half or even a third of the Gen Z number as realistic. And again, the shift to the right is basically like they've asked themselves "how do we make it worse for ourselves?". Do they really think one-percenters want to share their piece of the pie?
Edit: None of these remarks about any particular person and are commentary about the aggregate generation as described by this survey. I perfectly understand that Millennials and Gen Zers have been handled a terrible hand. But I have to admit that I am frustrated with Gen Z bending towards the right in this recent election and with their inability to be realistic in any way whatsoever if the results of this survey are to be believed.
> These unreasonable expectations
> But millennials faced these same challenges
In my experience, each generation consumes content produced by members of the previous generation
Gen Z tends to consume Millenial and Gen X produced media. This is why Millenial and Gen X coded shows like 30 Rock, Community, Parks and Rec, The Office, and others had such staying power with our generation.
In Millenial and Gen X media, there are often jokes about Boomers (as in actual baby boomers born in the 40s and 50s) being able to get a job without a degree and afford a house.
What this means is a lot of us Gen Zs have an unrealistic expectation of society, as if the world 60-70 years ago was the status quo until recently but our parents (who are GenX or Millennials) would have never lived in that kind of world.
Gen Zs are not going to enter the writer's room until 20 years from now, and then we'll provide a similarly warped view to kiddos.
> But millennials faced these same challenges
In my experience, each generation consumes content produced by members of the previous generation
Gen Z tends to consume Millenial and Gen X produced media. This is why Millenial and Gen X coded shows like 30 Rock, Community, Parks and Rec, The Office, and others had such staying power with our generation.
In Millenial and Gen X media, there are often jokes about Boomers (as in actual baby boomers born in the 40s and 50s) being able to get a job without a degree and afford a house.
What this means is a lot of us Gen Zs have an unrealistic expectation of society, as if the world 60-70 years ago was the status quo until recently but our parents (who are GenX or Millennials) would have never lived in that kind of world.
Gen Zs are not going to enter the writer's room until 20 years from now, and then we'll provide a similarly warped view to kiddos.
I believe it’s more likely social media is supercharging FOMO and the facade vs historical cultural references.
> “What we found was a really strong connection between feeling badly about your money situation and how much time you spend on social media,” Isabel Barrow, director of financial planning at Edelman Financial Engines, told CNBC.
https://finance.yahoo.com/news/social-media-reason-millennia...
> “What we found was a really strong connection between feeling badly about your money situation and how much time you spend on social media,” Isabel Barrow, director of financial planning at Edelman Financial Engines, told CNBC.
https://finance.yahoo.com/news/social-media-reason-millennia...
Social Media plays a role, but it isn't that significant. For example, alot of the "tradmom" kinda stuff is relatively niche among my age peers despite it being used as an example of our generation becoming more right leaning.
I don't think that's entirely true for Gen Z because of social media. Gen Z seems to mostly consume content generated by their own generation. You have all these Gen Z influencers who have no real experience teaching other Gen Zers. Even for topics like music or technology and other "intelligent" areas, influencers never seem to be middle aged or older. They're all under 30 it seems.
I’m surprised someone would attempt to explain the content Generation Z consumes and not even mention social media. Incredible.
> They're the ones who tank the economy every time they're in power and have down so for decades now.
Huh? Is this supposed to be sarcastic?
Huh? Is this supposed to be sarcastic?
There is actually plenty of data to back this up. https://en.m.wikipedia.org/wiki/U.S._economic_performance_by...
That article does not state that "Republicans" tanked the economy. It says the economy is on average worse when a Republican is president.
All the cited sources, basically concludes that the performance of the economy is almost entirely based on factors beyond the control of the President or Congress.
Which makes sense. The economy is complicated, and people will change based votes on their feelings. The Economy is also notorious for lagging indicators. Political parties often blame their circumstances on the "last" administration.
I'm dealing with technical debt and decisions that were entrenched 30 to 40 years ago in many cases. Extrapolating the realities of my experience in different business and technical environments informs me that it's really not this simple.
These articles don't really help people understand economics, they are designed to sell you a certain belief.
All the cited sources, basically concludes that the performance of the economy is almost entirely based on factors beyond the control of the President or Congress.
Which makes sense. The economy is complicated, and people will change based votes on their feelings. The Economy is also notorious for lagging indicators. Political parties often blame their circumstances on the "last" administration.
I'm dealing with technical debt and decisions that were entrenched 30 to 40 years ago in many cases. Extrapolating the realities of my experience in different business and technical environments informs me that it's really not this simple.
These articles don't really help people understand economics, they are designed to sell you a certain belief.
No, it isn't sarcastic. It's the unfortunate truth. This is well reported on and researched. Republicans leave the Democrats a mess to clean up, the Democrats do, but the economy only starts to boom once the Republicans first return to power because of the lagging effect, and then they start tanking it again.
Ah, I misread your comment.
I thought "they" was referring to "Gen Zers" (which didn't make sense Gen Z has never been in power) but I guess in "shifting to the right" "the right" was meant as a group rather than a direction (i.e. embracing the right wing rather than moving rightward) and "they" was referring back to that.
I thought "they" was referring to "Gen Zers" (which didn't make sense Gen Z has never been in power) but I guess in "shifting to the right" "the right" was meant as a group rather than a direction (i.e. embracing the right wing rather than moving rightward) and "they" was referring back to that.
No problem. Writing clearly is hard. Haha.
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I would hate to be a kid today. The majority are going to have it tougher than the last 3-4 generations. No job security, not enough jobs, housing out of reach, Uni too expensive without loans and if you graduate, corporations game IT contract work / H1B's at the expense of kids getting out of Uni.
People want change but, I'm afraid they're going to get, the kind of change they don't need.
Need to make sure every kid who wants an education can get an affordable one and that there are no 3 million H1B's and their spouses working in the USA. India needs to stop exporting its poverty to the USA but, I doubt the politicians will go against their corporate overlords.