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Aug
21st
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Maybe the system was relatively fair twenty or thirty years ago—but it certainly isn’t now. Maybe there was a time, relatively recently, when young job seekers could weigh different offers or meaningfully negotiate salaries. When things got tough, that was the first thing to go. As the economy contracts there is a larger and larger focus on protecting people who already have jobs—or those who have recently lost them. Extending unemployment benefits won’t help recent graduates. In today’s economy, seniority is more important than merit. And through all of this, the wealth gap keeps expanding.

Dear USofA, welcome to Europe.

Squashed - On Those “Entitled” Twenty-Somethings

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Tags: economics   welfare   unemployment   meritocracy  
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