Quote:
Originally Posted by ShopCat
I'm always kind of torn on this subject. I get that wages have stagnated and can sympathize as I am on the young(ish) side of the millennial gen. All the arguments are there and I see them to be true, yet all of my friends are doing quite well, advancing their careers, making good money and have little to complain about. I guess maybe if we had the same adjusted prices previous gens had I'd be sending this response from a vacation home, instead of my office. But I can't control that.
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You have a biased sample if you just go by your friends. All my friends are doing well, too. In fact, they may be doing even better than they would have in previous generations. Highly educated, numerate people are in demand. My direct sample of "average" people is cousins and other more distant family that went to mid to lower tier universities and or didn't go to college at all. Those people are struggling.