Why people below 30 are living the roommates + Tinder life instead of getting married, buying a house, and having kids. It's not a lifestyle choice...https://twitter.com/JordanUhl/status/1203745713341042688 …
Show this thread
The takeaway here isn't "oh the poor millennials", it's "lack of generational economic redistribution leads to very low birthrates in rich countries, which when not compensated by immigration leads to demographic decline". Like in Japan...
-
-
Japan has a birthrate of 1.44 (far below replacement rate of 2.1), is becoming an elderly nation, and may eventually die off. It's an entirely fixable political problem. Young people in every rich country do in fact want a house, financial stability, & kids. Just can't afford it.
Show this thread -
How do we fix it? Free childcare, free education up to college, some free college options, *build more housing*, stop treating housing as an investment vehicle for boomers, tax breaks for having kids
Show this thread -
Sounds expensive? Just like for fighting climate change, it's entirely affordable for rich countries. It's just a matter of prioritizing long-term collective survival instead of the short-term comfort of the ruling generation
Show this thread
End of conversation
New conversation -
-
-
The question I have about this theory is that Israel, which has very uneven distribution of wealth, still has a very high birth rate across the board. i.e. not just among religious Jews and Arabs. So it seems there's a cultural component. (But they pay baby bonuses, which helps.)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Is generational wealth-hoarding a function of a few very wealthy, old outliers? (Honest question)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This Tweet is unavailable.
-
I listened to a documentary a couple of months ago asking "why does South Korea have such a low birthrate?" and by the end of it, I was asking "Why does South Korea have such a HIGH birthrate, given the barriers they put in the way of having kids?"
- Show replies
-
-
-
I don't think that's a generational problem. The top 1% happens to be boomers and takes the majority of the wealth. However, most boomers aren't particularly rich. It seems like a good old "class struggle" hidden in your data.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Millennials don’t create value that people are willing to pay for. They don’t care about working to generate wealth. Plus, there isn’t a fixed amount of wealth that must be redistributed thankfully. Wealth increases with efficient (profitable) work that improves quality of life.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.