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
Could Solar Storms Destroy Civilization? Solar Flares & Coronal Mass Ejections
The Sun, smooth and round and peaceful. Except when it suddenly vomits radiation and plasma in random directions. These solar flares and coronal mass ejections, or CMEs, can hit Earth and have serious consequences for humanity. How exactly do they work? H…
YC Startup Talks: Startup Equity with Compound (YC S19)
[Music] foreign [Music] Nice to meet you all! My name is Jordan. I’m one of the founders of Compound. Today, I’m very excited to chat with you about my hatred of personal finance. So, I hate finance more, or as much as most people, perhaps. You know, ma…
Warren Buffett's 3 New Stocks for 2022!
Well, it’s that time again. 13F season is upon us, which means we get to glimpse inside the buys themselves of the world’s, uh, biggest and most successful investors. Today, we’re kicking things off with the granddaddy himself, Mr. Warren Buffett. So, th…
'Pirate Birds’ of the Tropics 180 | National Geographic
This wildlife refuge is on a remote windy island between Nicaragua and Costa Rica. It’s dedicated to protecting seabirds, especially the large populations of brown pelicans and magnificent frigate birds that nest here. Frigate birds have extraordinarily …
The Fascinating Lives of Bleeding Heart Monkeys (Part 3) | Nat Geo Live
Geladas aren’t afraid of all predators. You’re looking at the Ethiopian wolf. This occurs on the Guassa, and it’s the rarest canid in the world. There’s only about 400 remaining in Ethiopia, and 40 of them are at Guassa. They’re social, but during the day…
Akiva Goldsman on the Creative Process | Breakthrough
I think the creative process is actually very similar whether it be math, science, music, or art. I’m more familiar with the dredging of the ether for a sentence or two, and I like it, but it is an act of sheer faith. It is an act of propulsion into some …