Comment by monadicperception on 10/03/2025 at 20:04 UTC
43 upvotes, 4 direct replies (showing 4)
View submission: Thoughts on trump’s economy?
Kids are dumb. I think too much hope was placed on Gen Z…but they are just as dumb as any other generation at that age. Maybe even *dumber* since they probably get all their information from TikTok.
It’s going to be *much* worse. The stock market is a reflection of investor sentiments. Investors think equities are valued too highly, so they are selling. The real economic impact is going to show up soon. Many Gen Z will not be able to get employed. And if they do, their salary will be low.
Welcome Gen Z. I too graduated into a recession. But at least the Great Recession wasn’t *my* fault.
Replies
Comment by B0ssDrivesMeCrazy at 11/03/2025 at 02:04 UTC
16 upvotes, 3 direct replies
Just feel like it’s worth noting a few things:
- Gen Z was already unemployed and struggling to find employment even *before* the new presidency. 1/3 of hiring mangers for *entry*-level work won’t hire Gen Z. Ghost jobs postings were found to be as high as 4/10 in the fall of 2024.
- More Gen Z voted for Harris than Trump and it was actually Gen X that voted in Trump (so claiming an recession that looks like it could be coming is our fault is frankly rude and just seems like a reason to hate the youth). Also, Gen Z has the smallest voting bloc and has had the least time to have impacted the economy. So again, blaming the current state of things on Gen Z is rather rude and unjust.
- The jobs market actually followed a trend seen in recessions summer 2024 (Sahm Rule). So yes, even though the economy was not technically in a recession, as far as the jobs environment for us, it felt like one.
- 2024 saw some of the largest downward jobs number reductions in employment reports. It’s normal for jobs reports to get corrected later, but for the correction to be such a large downward correction (818,000 jobs) was unusual - something not seen since the Great Recession. In ‘09 there was a 824,000 downward correction, so again it certainly felt like a recession for us job seekers.
- Many of us are old enough to have been impacted by ‘08. So this is also not our first rodeo with the economy messing up our lives. Me personally, I had to play “Mom” due to both my parents working over 40h and then having commutes on top of the extra hours of work. My teachers kept me from recess for failure to complete my work, my family’s broken appliances didn’t get repaired or replaced. Etc. It wasn’t a very fun time.
Comment by Oolongteabagger2233 at 10/03/2025 at 21:29 UTC
16 upvotes, 0 direct replies
Next tell them about how when you were finally able to get a job, your wages were depressed and remain depressed *to this day* as a result of that recession.
Comment by leggomyeggo87 at 11/03/2025 at 02:20 UTC
12 upvotes, 0 direct replies
Oh come now, plenty of adults are dumb too. Voters aged 18-29 had the largest win percentage for Harris of any age demographic, so lots of older people hold the blame for Trump winning. In fact if we’re looking at Gen Z, it’s mostly Gen Z men, the women overwhelmingly voted for Harris.
Comment by Planetdiane at 11/03/2025 at 13:00 UTC
1 upvotes, 0 direct replies
The real thing he’s making great again. Recessions.