Wednesday, July 10, 2013

Two Families: Trouble for Millenial Males

The large middle class was built in the post WWII period, with returning GIs heading up families. Some used the GI bill to get college degrees, a lot didn't, but the union maufacturing jobs were enough to enter the middle class.

Then all the baby boomers were supposed to go to college and get JDs and MBAs and MDs and everyone would be upper middle class. 

Gen X kids were all supposed to go to college, program all day, and build internet companies.  Everyone would be millionaires...  there was always flipping houses!

Millenials are supposed to start social media empires and cute non-profits with 5K races and hip, ironic mustache parties as fundraising tools, thus signalling the end of history and only the need to export this cultural utopia of ennui abroad in some sort of market-opening, nation-building endeavor... 

Watch Two American Families on PBS. See more from FRONTLINE.

This program does not go far enough to analyze the fundamental economic problems of our usurious and exploitative crony system, nor at the fraying civic fabric that, were it still strong, would hold people together when the state-sponsored safety nets fail...  

The Millenial males in this story are in big trouble.

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