....And then they mostly couldn't be bothered to actually get college degrees despite how cheap they were, yet still ended up with good careers capable of supporting entire households with only one person working anyway.
Despite his cynicism, even Bernie manages to understate the problem here!
Just throwing out there, this was one generation out of however many to the dawn of time that was able to do this. And they did it on the backs of the hundreds of thousands of people that fought, starved and died to get unions established. For the vast majority of history, if you could work you worked man, woman & child because if you didn't your family starved. Then people fought for generations to get unions established and they finally did it and one single generation got the advantages of it before the next generation decided they didn't need no stinking unions as they were working white collar jobs and here we are. We're not standing together so we're falling together.
To be fair, the reason every job nowadays requires a college degree is because so many people went to college. Before that, the boomers were coasting on with barely a high school degree but they tought that by pushing their kids to get college degrees, they can help them achieve more wealth (and by extension, themselves). This combined with the fact that they basically directly contributed to the erosion of unions (it was a very common thing that an employer/union leader paid off by a company offered boomers a deal where they get a higher pension but it would not apply to anyone born after 2000 or something; of course they took those deals because they are the "me me me generation", who has the foresight of a hampster) and then they are deliberately oblivious to the fact that young people can't achieve anything career wise because they don't have strong unions backing them up. No unions, no better pay, no better working conditions, no guarantied good deal on pension and insurance, etc etc.
As a side note, in the US at least there is a reason many advise people to just learn a trade instead of getting a college degree. Trades are in high demand, has been for a good while and probably will be for decades.
Image Transcription: Twitter Post
Bernie Sanders, @BernieSanders
The Boomer generation needed just 306 hours of minimum wage work to pay for four years of public college. Millennials need 4,459.
The economy today is rigged against working people and young people. This is what we are going to change.
^I'm a human volunteer transcribing posts in a format compatible with screen readers, for blind and visually impaired users!^
Bernie sanders screaming into the wind yet again.
Bernie i love ya but nobody is gonna do the things you say.
They are way too reasonable.
Isn’t that kind of defeatist?
I don’t really have a horse in this race since I am not from the US.
It's more cynicism than defeatism. People from the United States have pushed for these kinds of common sense reforms for our entire lives and we still have nothing to show for it.
That is what we are going to change
Then do it! I feel like I've heard this for so long, from all the parties, and just nothing gets done.
Do you realize who tweeted that? Because I feel like asking Bernie Sanders to just "do it" is very unfair. He's been fucking trying for the past decade.
Can we keep the timestamp in when cropping a post from another website?
7:29 AM · Apr 24, 2019 for the record.
Sorry, Bernie's full of crap. He's deliberately twisting facts to misinform. He's using today's highest minimum wage to calculate paying tuition at levels of 50 years ago, and trying to imply that people only needed to work 306 hours THEN to pay for college tuition THEN. That's just not true.
When I was working during high school / college, minimum wage was $1.50 / hr. That works out to $459 for 4 years of college education. Tuition at public institutions in the mid '70's was $1210 / year nces.ed.gov That's $4840 for 4 years at a time when my comfortably middle-class father was earning ~ $25 K / year. It was cheaper, but not by as much as Bernie claims.
Also, public colleges have always been subsidized by the state. You'd also need to look at the level of subsidy between then and now and whether we're choosing to subsidize less.
Fyi A full time job is 2080 hrs a year (40hrs/wk x 52 weeks).
Just use 2000 hours. It makes the math easier, plus anybody who doesn't get (at least!) two weeks of vacation with their full-time job is a chump who needs to unionize anyway.
The Federal Reserve has more power to control inflation than the president ever did. Presidents can't control supply and demand, nor can they control how much Amazon, Uber or Walmart pay their workers. Why do so many people believe that the US president is able to raise or lower prices of commodities, homes or college on a whim?
The president appoints multiple people on the board of the fed. But that's about it. More to your point neither the fed or the president has any control left on the main causes of inflation. Principal of which is corporate greed. Every major market in the US is an unnatural monopoly due to the fact we stopped busting monopoly's. Corporate greed would not be an inflationary cause but since there is so little competition in markets they can conspire without communication. Neither the president or the fed have any levers in which to do anything about this realistically since half our legislation is wholly owned by those same companies that hold control over these markets.
Companies very literally trained judges through continued learning requirements to not fight monopolies. The only bar for a merger today is a single question "Will prices go down" companies lie saying "yes" then it gets approved and there is no recourse or follow up.
They further make fallacious claims like "Monopolies don't exist without government!" Which is a total farce perpetuated by the same groups. It's meant to have people vote against their interests. Monopolies are an inevitable consequence of capitalism. It must divide at a certain point or stagnate.
I'm confused... Did someone say the president controls this stuff? I don't see that in the original post.
This is very smart of him to use generational terminology to engage with young voters. He's looking at trends on social media. Maybe it will work for him. His main obstacle is that most democrats are moderate and don't have a problem voting republican if they think the democrat is too far to the left. Maybe engaging with young voters in this way can help him get over that obstacle.
It's not minimum wage's fault, it's the government guaranteeing student loans. Tuition skyrocketed since then and has been out of control since.
Then with so many people being told "You have to go to college so you don't become a garbageman!" the requirements for most jobs increased as well. Manufacturing in pharma, for instance, I could take a kid out of middle school and teach him the job in an hour. Get fresh grads from college for a bachelor's degree and they still need an hour of teaching. But now the Bachelors is required for some reason.
Ironically, garbage man pays pretty decent for some minimal manual labor.
Except that's not the case. The GI bill alone (passed in 1944) put millions people through college who otherwise would not have had the opportunity to do so and did so for decades and the price didn't skyrocket. Once deregulation happened the prices began to skyrocket.
Student loans were guaranteed way back in boomer days too. So that would be a non-difference.
It's always good to focus on buying power. I bet you would get similarly ridiculous numbers when valuing food or housing in some normalized work hours (doesn't have to be minimum wage, could be median income too).
Please, reformist social democrats like Bernie aint gonna be able to change anything, regardless of their intentions.
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