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Here's Why Gen X Has The Most To Worry About
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2014 Mar 5, 1:44pm 11,964 views 41 comments
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Indiana Jones
2014 Mar 9, 1:14pm
The pocketbook insurgency hasn't happened although that has floated for years. Either consumers are just not educated enough, or they don't care. Face it, if money is tight, you are going to buy whatever is the best deal or whatever is on sale. Many do not have the luxury of buying with their conscience. Look at the amazing rise of the dollar stores.
Peaceful protest need high numbers and strong insightful leadership to work. All it takes is someone on the fringe to do something stupid or violent and all the peaceful intentions get chucked out the window. And most people are placated with government handouts, tv, roku, video games and endless and cheap fast food--why the hell should anything change?
Because of the reliance of all things technical, might technology play a part in disabling those that hold the cards?
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http://finance.yahoo.com/news/why-generation-x-had-the-worst-personal-finance-year-ever-214519220.html
In the battle of the generations, who's the biggest loser?
If you go by numbers alone, Millennials may come first to mind. They have the worst unemployment rate, lowest credit scores, and are saving the least for retirement. And then there are the Boomers, aka the sandwich generation, who not only have to financially support their jobless adult children but will wind up losing $300,000 in wages and benefits over their lifetime caring for their aging parents.
In our opinion, however, Generation X is worst off by a landslide.