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 remember everything you read
This video is sponsored by Curiosity Stream. Get access to my streaming service Nebula when you sign up for Curiosity Stream using the link down in the description below. [Music] Have you ever experienced this before? You like to read books here and the…
Scarcity of resources
All of economics is based on this notion of scarcity of resources. What does scarcity mean? Well, in an everyday context, it means that there’s not as much of something, say a resource, as people may need, or there’s not an unlimited amount of something. …
Elad Gil Shares Advice from the High Growth Handbook, a Guide to Scaling Startups
The first question I wanted to ask you: the book is called High-Growth Handbook, not the High-Growth Hanjo, just High-Growth Handbook. Given that so few companies ever make it to high growth, you know, thousands of employees, why should an average entrepr…
Alex Honnold Rappels Into a Ravine | Running Wild With Bear Grylls
[music playing] This is, like, pretty legit. That’s, like, a long ways. I’m pretty pleased you’re saying that. I’m definitely feeling it. I mean, this is 300 feet at least. Ultimately we want to get down into the gorge. Let’s rappel off the bridge? Yeah,…
Avoid these 3 Mistakes if you want to grow FAST on YouTube
Let me guess, this isn’t the first time you’re watching a video about how to grow your YouTube channel. You probably spent hours, maybe even months, learning how to start and where to start. But this endless cycle of learning needs to end. Previously, I …
Building a Bundle Boat | Live Free or Die
Feel like if I build a boat, it saved me a lot of walking. I saw a boorish pawn over here and I was thinking maybe getting a bunch of eats together, bundle them together, and make a boat. So what I want is big bundles. These, ‘cause you can see inside, i…