Entitlement what can we do about it.

This forum is such a bizarre place, on one hand you get people complaining that wages aren't keeping up with houses prices and their poorer every year yet go the GPU forum and people are purchasing RTX 4090's at £2k a pop hand over fist.
 
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Freddie1980 said:
This forum is such a bizarre place, o one hand you get people complaining that wages aren't keeping up with houses prices and their poorer every year yet go the GPU forum and people are purchasing RTX 4090's at £2k a pop hand over fist.
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What surprised me is the number of 4090s on the MM, where people bought two accidentally, as they weren't sure their first order went through!
 
Freddie1980 said:
This forum is such a bizarre place, o one hand you get people complaining that wages aren't keeping up with houses prices and their poorer every year yet go the GPU forum and people are purchasing RTX 4090's at £2k a pop hand over fist.
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The 'reality' is that every generation is always better off..

The proof that we are always bettern off every generation is to look at disposable income after housing:
QBKlRNUh.png.jpg
The average of over 2% growth per year says it all..

And, lets not forget that with that disposable income, a lot of things are cheaper..
1982, the cheapest fridge freezer cost my parents £389 (£1200 today).. the equivalent item today is <£200
The cost of electronics meant we only had 1 small TV and even the VHS recorder was extorionate, another £350 item (£1000+ in todays money) for something that you get the equivalent for £25 today (panasonic DVD-S500EB-K DVD Player), etc, etc, etc..

I do think people are displaying entitlement because despite having it better, they ignore everything and just focus on any aspect is worse.. in other words, unless every single facet of their life has improved more than their parents, they start cry bullying on the internet..

I do agree that housing is crazy.. I don't like that university now ends up with debt, but when you add it all up, you are still better off.. I still would like for the gov't to address those things, I just think crying about it as if it's unfair and blaming it all on people being older is crazy.. those older people won't live as long as you (on average, e.g. in 1980 average life expectancy was 73, in 2020 it was 81.. how much value would you place on gaining 8 years extra life expectancy? (yes, I know I've over simplified it..but the upward trend is fairly consistent apart from 2021 with COVID)).
 
id say an entire generation growing up being told.
"everyone of you is special" "you deserve everything"
Being bombarded with perfect and fantasy lifestyles and being the subjects of media bombardment 24/7 on your phone.
Im sure people these days do expect and feel entitled to a slice of this.
Reality is thankfully different.
 
Efour said:
id say an entire generation growing up being told.
"everyone of you is special" "you deserve everything"
Being bombarded with perfect and fantasy lifestyles and being the subjects of media bombardment 24/7 on your phone.
Im sure people these days do expect and feel entitled to a slice of this.
Reality is thankfully different.
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The younger generation is the same as every younger generation that came before it, they use the latest technology and take it for granted, just like my Dad used to think about me when we first got a Windows computer at home plus all the latest games consoles, while he grew up mostly playing outside.
 
D.P. said:
I would be very concerned about a work environment that clearly lacked diversity. At best it would not be a very interesting place to work, but mostly it would indicate some inherent managerial problems .

As for people saying the 'best' candidate should get the job, they have clearly no idea how to hire people and build effective teams. There is no such thing as best. There are dozens of dimensions to qualify people on, and all you can tell in interviews are rough estimates. Everyone has strengths and weakness. The goal is to find someone who can function in their role and can strengthen the team. Diversity is well proven to improve team performance , so that trait alone adds huge value if your team is not already diverse. You should never be ranking candidates as that can lead to all kinds of biases and leads to selection on criteria that are not actually useful to the company or team.
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Don't work with teams based in India and China if you're worried about diversity, stick to Little Britain.
 
Demon said:
The 'reality' is that every generation is always better off..

The proof that we are always bettern off every generation is to look at disposable income after housing:
QBKlRNUh.png.jpg
The average of over 2% growth per year says it all..

And, lets not forget that with that disposable income, a lot of things are cheaper..
1982, the cheapest fridge freezer cost my parents £389 (£1200 today).. the equivalent item today is <£200
The cost of electronics meant we only had 1 small TV and even the VHS recorder was extorionate, another £350 item (£1000+ in todays money) for something that you get the equivalent for £25 today (panasonic DVD-S500EB-K DVD Player), etc, etc, etc..

I do think people are displaying entitlement because despite having it better, they ignore everything and just focus on any aspect is worse.. in other words, unless every single facet of their life has improved more than their parents, they start cry bullying on the internet..

I do agree that housing is crazy.. I don't like that university now ends up with debt, but when you add it all up, you are still better off.. I still would like for the gov't to address those things, I just think crying about it as if it's unfair and blaming it all on people being older is crazy.. those older people won't live as long as you (on average, e.g. in 1980 average life expectancy was 73, in 2020 it was 81.. how much value would you place on gaining 8 years extra life expectancy? (yes, I know I've over simplified it..but the upward trend is fairly consistent apart from 2021 with COVID)).
Click to expand...

You are assuming that the growith in disposable income is fairly/evenly distributed, and isn't just the older generations having more money to spare while/after paying off their [relatively] small mortgages, or those same people taking the majority of real terms wage growth.
 
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Demon said:
The 'reality' is that every generation is always better off..

The proof that we are always bettern off every generation is to look at disposable income after housing:
QBKlRNUh.png.jpg
The average of over 2% growth per year says it all..

And, lets not forget that with that disposable income, a lot of things are cheaper..
1982, the cheapest fridge freezer cost my parents £389 (£1200 today).. the equivalent item today is <£200
The cost of electronics meant we only had 1 small TV and even the VHS recorder was extorionate, another £350 item (£1000+ in todays money) for something that you get the equivalent for £25 today (panasonic DVD-S500EB-K DVD Player), etc, etc, etc..

I do think people are displaying entitlement because despite having it better, they ignore everything and just focus on any aspect is worse.. in other words, unless every single facet of their life has improved more than their parents, they start cry bullying on the internet..

I do agree that housing is crazy.. I don't like that university now ends up with debt, but when you add it all up, you are still better off.. I still would like for the gov't to address those things, I just think crying about it as if it's unfair and blaming it all on people being older is crazy.. those older people won't live as long as you (on average, e.g. in 1980 average life expectancy was 73, in 2020 it was 81.. how much value would you place on gaining 8 years extra life expectancy? (yes, I know I've over simplified it..but the upward trend is fairly consistent apart from 2021 with COVID)).
Click to expand...




Average growth does not mean anything, the graph shows me a different story to what you described. it shows me less disposable income
when you say life has improved, yes up to 89 then a gradual decrease from then onwards.
Take away those Comsumer goods which are artificial and stick to the basic s such as Heathcare social homes etc..., You will see a massive decline.

Now consumer tech, if manufactured in the UK would cost a lot, but manufacturing to a country where wages in some areas are 1/100th, dumping by eastern countries (This is pretty serious, especially for western ideology it can collapse our system, the hidden war that majority of people do not see) suppressing consumer prices for a limited period of time. These wages are rising so our consumer prices will need to rise, we will continue to see rises from now.

Lets look at house prices back in the 80s it was around 2.5 to 4.5 of your income, the ratio now is between 11 and 20 of your income, a more detailed ratio would be higher, and would take me time to gather the data.
As a married couple in the 80s there would be tax breaks miras, we do not get that now.
Look at income growth much slower rate from 2000 onwards, look at fiscal drag and the loss of disposable income related just to fiscal drag.

We are much worse off in all areas.

Mortgage interest relief at source - Wikipedia

en.wikipedia.org en.wikipedia.org
This paper gives you a good understanding what is meant by price suppression.

What is Price Suppression in Abnormal Economic Times? Reflections in Light of the Russia–Commercial Vehicles Ruling | World Trade Review | Cambridge Core

What is Price Suppression in Abnormal Economic Times? Reflections in Light of the Russia–Commercial Vehicles Ruling - Volume 19 Issue 2
www.cambridge.org www.cambridge.org
 
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Stretch said:
You are assuming that the growith in disposable income is fairly/evenly distributed, and isn't just the older generations having more money to spare after paying off their [relatively] small mortgages, or those same people taking the majority of real terms wage growth.
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Here's another that ignores pensioners:
XpEqywfh.png.jpg
Same story..

So that almost entirely removes the Boomer generation. and is a very similar picture, even with COVID and all the turmoil in the world, we are looking at a small projected increase in disposable income in the next 5+ years..
 
jaybee said:
It's a difficult one with the interviews where they ask you to produce something. On the one hand I agree it's taking the mick a bit, but equally we have had people that say they can write code and understand X, who...well... can't at all. So it's often to find out the liars.
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I think the response to requesting anything more than a short example should be, "I don't work for free but I will happily provide you with an example of my earlier work." or "I don't work for free but my referee X will be delighted to confirm that Y."
 
Demon said:
Here's another that ignores pensioners:
XpEqywfh.png.jpg
Same story..

So that almost entirely removes the Boomer generation. and is a very similar picture, even with COVID and all the turmoil in the world, we are looking at a small projected increase in disposable income in the next 5+ years..
Click to expand...
Does that account for inflation?

Because having 1% more disposable income, then everything is 2% more expensive, is a net loss.
 
Demon said:
Here's another that ignores pensioners:
XpEqywfh.png.jpg
Same story..

So that almost entirely removes the Boomer generation. and is a very similar picture, even with COVID and all the turmoil in the world, we are looking at a small projected increase in disposable income in the next 5+ years..
Click to expand...

In this graph, there has been practically no average growth in disposable income since the mid->late 2000s when most "boomers" were still working.
 
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Sums up the trend with humans.


There I hope will be a time when consciousness is much more widespread, today is not that day, it is improving though. Slow, grueling faith.

Don't worry all these people at this event were entitled to go there, they all paid!

146 dead, 150 hospitalized.

shorturl.at/ruz15

"146 confirmed dead, 150 injured, probably more confirmed dead during the night and early morning the firefighters and police just said on the briefing 04:00 local time"
 
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