Noreen Malone reports on how millennials are dealing with a miserable economy:
It’s part of the American way to get a lot of self-worth from your job. Meanwhile, one of the reasons there aren’t enough of those jobs out there is that America no longer makes enough stuff. Young people feel that void, intrinsically. Making stuff is what got us smiles from our parents and top billing in refrigerator art galleries. And since we are, as a generation, more addicted to positive reinforcement than any before us, and because we have learned firsthand the futility of finding that affirmation through our employers, we have returned to our stuff-making ways, via pursuits easily mocked: the modern-day pickling, the obsessive Etsying, the flower-arranging classes, the knitting resurgence, the Kickstarter funds for art projects of no potential commercial value. … Of course, funny videos and adorable hand-sewn ikat pillows aren’t the only kind of stuff that people are making as a way of coping with harsh economic realities—meth, for instance, comes to mind.
Matt Honan plays the world's smallest violin:
Generation X is tired of your sense of entitlement. Generation X also graduated during a recession. It had even shittier jobs, and actually had to pay for its own music. (At least, when music mattered most to it.) Generation X is used to being fucked over. It lost its meager savings in the dot-com bust. Then came George Bush, and 9/11, and the wars in Iraq and Afghanistan. Generation X bore the brunt of all that. And then came the housing crisis.
(Photo from LATFH)