yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Birth of the Slacker | Generation X


2m read
·Nov 11, 2024

Most Gen Xers are in school during the crash, so at first they think, "Like, so what?" I'd never quite understood the stock exchange game enough to be interested. I would like to meet this Dow Jones; I thought he was a guy in all the Disney movies.

I vividly remember that day because all these classmates of mine in college were huddled around the TV, and I was like, "What's going on?" Like, full-on Keanu Reeves, like, "What's up? The stock market's crashing? Well, that's fine, I'm creative, who cares? I'm going to be a writer."

It turned out that had an impact on the job market. It turned out there weren't as many jobs. Recession is already here. General Motors and Ford are laying off almost 25,000 workers. Coming out of college with a degree doesn't matter; no one can find work.

I applied for every single opening in my field, but there's just—there's nothing. Times are hard. You just going to have to swallow your pride. For Gen Xers, the new reality sees the birth of McJobs and the death of traditional careers.

White-collar workers are hit the hardest this time. The stereotype of the slacker is born. The whole idea of us being pegged as slackers, I think, came out of the fact that we couldn't get jobs. People started looking at different ways that they could do things, precisely because those traditional paths weren't there anymore.

That's kind of what Gen X was—a bunch of us kind of gone like, "Well, maybe there's like a back door into this." All sorts of independent film, independent music, alternative ways of working. That doesn't make you a slacker; it actually makes you the opposite.

More Articles

View All
Estimating a P-value from a simulation | AP Statistics | Khan Academy
So we have a question here on p-values. It says Evie read an article that said six percent of teenagers were vegetarians, but she thinks it’s higher for students at her school. To test her theory, Evie took a random sample of 25 students at her school, an…
Do Shark Stories Help Sharks? | Podcast | Overheard at National Geographic
Oh my god, it smells so good. That was the thing when you were driving down to the store as a kid and you had the windows down; it’s all salt water. I’m standing on a beach at the Jersey Shore, looking out at the Atlantic Ocean. So, on a typical summer da…
Transforming a Studio Apartment | National Geographic
A studio apartment in the big city, a small and strange environment. This human has boldly traveled far from a natural countryside habitat but is not as adapted to this harsh alien world. It threatens her instinctual behavior. Her ears are assaulted like …
Z-score introduction | Modeling data distributions | AP Statistics | Khan Academy
One of the most commonly used tools in all of statistics is the notion of a z-score. One way to think about a z-score is it’s just the number of standard deviations away from the mean that a certain data point is. So let me write that down: number of stan…
Economic profit for firms in perfectly competitive markets
In this video, we’re going to dig a little bit deeper into the notion of perfectly competitive markets. So, we’re going to think about under what scenarios a firm would make an economic profit or an economic loss in them. Now, as a reminder, these perfec…
Top Hats for CATS! LÜT #25
Star Wars splatter art and a t-shirt commemorating one of history’s most lapidary quotes. It’s episode 25 of LÜT. Navigate the web with a glow-in-the-dark mouse containing an actual spider. And you can use a straw to drink juice right out of a fruit, but …