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Generation Wrecked

Posted by ryuzaki0 on from the born-with-a-plastic-spoon-in-our-mouths dept.

Ryosen writes "Fortune magazine has an interesting article discussing how members of Generation X (those born between 1966 and 1975) have been damaged by the fall of the economy and the life-long ramifications of the dot.com boom-bust, stating 'No generation since the Depression has been set up for failure like this.' Particularly disturbing is the statement 'Worse yet, for some Gen Xers, their peak earning years are behind them. Buried in college and credit card debt, a lot of them won't be able to catch up as they approach their prime spending years.' Are the best years of our lives truly behind us?"

4 of 1,306 comments (clear)

  1. A little perspective... by 0x0d0a · · Score: 1, Offtopic

    Slashdot is going to overload Fortune?

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    May we never see th
  2. Re:I was making $33,000 a year when I was 19 by Alan+Partridge · · Score: 0, Offtopic

    I really don't understand this attitude, surely "America" is PRIMARILY a result of what happens in your coast cities. Subtract New York and California from the USA and you'd probably be (economically) smaller than the UK. Give California the credit it deserves - it's the powerhouse that drives not just America's economy, but - to a large extent - the rest of the free world's too. It MATTERS to us in the UK when California suffers rolling blackouts. It's NEWS.

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    That was classic intercourse!
  3. Forbes ... Fortune ... Barron's ... whatever by caveDan · · Score: 0, Offtopic

    They're all peddling the same brand of crap...

  4. Broke, in debt... by limivore · · Score: 0, Offtopic

    ...and I carry rocks and dig gravel for a living. Scrounging for pennies. Might pick up a job driving schoolbuses if I'm lucky. Considering living under a bridge. Depressed, yes, but up to now admitting as much would be a declaration of failure. Now that I have society to blame I feel much better.