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
How to Calculate the Intrinsic Value of a Stock (Full Example)
Warren Buffett says the three most important words in investing are “margin of safety.” It’s no doubt the margin of safety is an integral concept used extensively by value investors, both past and present. We’re talking people like Charlie Munger, Warren …
Stunning Stone Monuments of Petra | National Geographic
Deep within Jordan’s desert canyons lies an ancient treasure: the stone city of Petra. This massive hand-carved metropolis provides a window into an ancient civilization. A hidden network of tombs, monuments, and elaborate religious structures are carved …
Compare costs of postsecondary education | Careers and education | Financial literacy | Khan Academy
So let’s talk a little bit about how to compare costs based on all of your college options. The biggest piece of cost is going to be your tuition, and then of course your living expenses: room and board, where you’re going to live, and what you’re going t…
Approximating multi digit division
What we want to do in this video is get some practice estimating multi-digit division problems. So here we’re asked to estimate 794 divided by 18. Now, if you wanted to get the exact answer, you’d probably have to do—in fact, you would have to do—some lon…
The Nature of Nature | National Geographic
The ocean has been my passion since I was young. I used to dream of being Jacques Cousteau, exploring the seven seas with my team. But in just a few generations, the underwater world has changed dramatically. All over the planet, so many places are now vo…
Watch Wild Predators Battle for Survival: Beyond ‘Savage Kingdom’ (Part 3) | Nat Geo Live
[Music] So these are the five clans, and I’m going to introduce you to them more specifically now. The Marsh Pride would probably be the dominant force in Savuti. Very interesting pride. There were ten of them, three of them were adult lionesses, and the …