Showing posts with label Millennials. Show all posts
Showing posts with label Millennials. Show all posts

Saturday, June 20, 2015

WaPo: Charleston, Dylann Roof And The Racism Of Millennials

Source:  NBC
By Karen Attiah, Jun. 18, 2015, Washington Post

America should be shaken to its very core by what happened in Charleston.

The gruesome massacre of nine people at Emanuel African Methodist Episcopal Church, a historically black church in Charleston, S.C., may amount to the worst racially motivated terror attack of our generation and a deeply violent reminder that racism and white supremacy continue to course through America’s veins. One cannot help but draw comparisons to the firebombing of a black church in Birmingham, Ala., almost 52 years ago.

The shooting suspect in Charleston has been identified as Dylann Roof, a white 21-year-old. He was arrested (peacefully, one should add) at a traffic stop. Many will argue about what words we will use to describe Roof, whether he should be described as a mentally disturbed kid (a description rarely applied when the alleged perpetrator isn’t a white male) or a rational adult responsible for his alleged actions. His age matters, but not for the reasons you may think.



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Wednesday, February 4, 2015

Millennials: Young People Will Hit The Polls In 2016--And They Want Hillary

By Brett LoGiurato, Feb. 3, 2015, Fusion.net

Young people are planning to turn out the vote in 2016. And they have a clear choice at this point about who they want to be the nation’s next president.

Those are some of the highlights from Fusion’s Massive Millennial Poll, which surveyed 1000 people aged 18-34 about everything from politics to dating to race issues. The poll provides a barometer of millennials’ priorities and preferred candidates ahead of the 2016 presidential election. (Click here for more poll stories.)

For one thing, they say they’re increasingly engaged ahead of the all-important election — but it’s also clear they’re not very well-informed. And they think government can help them, particularly in an area where they’ve struggled to get ahead — in their jobs.

Young people are ‘ready for Hillary’

Right now, young people want former Secretary of State Hillary Clinton to become the nation’s first female president in 2017.


Read the full story:  www.fusion.net

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Saturday, January 10, 2015

Streaming Devices Poised to Dominate Viewing Preferences As Seven In 10 TV Viewers Stream Programming
Broadcasting & Cable, Jan. 8, 2015

Millennials value their Netflix subscriptions more than broadcast or cable. Millennials value their ability to stream content above cable or broadcast channels. The ability to choose what they want to watch when they want to watch it is of high value to all three generational groupings, but particularly among millennials. In the study, 51 percent consider subscription to Netflix “very valuable,” compared to 42 percent for broadcast channels, and 36 percent for cable subscriptions.

Read more: www.broadcastingcable.com




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Sunday, November 30, 2014

Under-40 Poll: Who Trusts The Police More?

Matt Purple, Sep. 18, 2014, Rare.us

Sixty percent of young voters said they trusted their local police department, while only 24 percent said they didn’t. A further 16 percent were unsure.

The question was asked as part of a first-of-its-kind Rare poll that surveyed only respondents under 40. The questions were tailored to chart trends in the opinions of younger voters.

Read more: www.accessatlanta.com


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Monday, November 24, 2014

Even Obama's Political Base Opposes His Unilateral Amnesty

Neil Munro, Sep. 4, 2014, Daily Caller

The American public is so lopsidedly opposed to a unilateral presidential amnesty for illegals that almost 80 percent of young Americans aged 18 to 44 years old don’t want the president to act on his own, according to a new poll by TIPP.

Unilateral action by President Barack Obama in response to “the current immigration situation” is opposed by 73 percent of the 867 adults in the survey. The 73 percent prefer Obama work with Congress to pass any immigration reform bill.

Read more: www.dailycaller.com


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Monday, July 21, 2014

Millennials Save For Retirement Earlier Than Baby Boomers, Survey Finds 

Source:  www.blog.mindjet.com
By Alicia Adamczyk, Jul. 17, 2014, Forbes.com

All of those reports encouraging Millennials to start saving for retirement as soon as possible may be paying off, literally. According to the 15th Annual Transamerica Retirement Survey, performed by the nonprofit Transamerica Center for Retirement Studies, Millennials are an “emerging generation of retirement super savers,” with 74% starting to save for retirement at an “unprecedented” median age of 22, or 5 years sooner than Gen Xers and a staggering 13 years sooner than Baby Boomers.

The survey focused on the retirement habits and trends of Baby Boomers, Gen X and Millennials who are currently working full- or part-time in a for-profit company of 10 or more people.

There were stark differences between the habits of the older and younger generations. Despite entering the workforce in the midst of the Great Recession, Millennials are “much more likely” to be recovered from its economic impact than older generations and 68% are confident they will be able to retire comfortably.

This may stem from more open discussions about saving and retirement options.

“Millennial workers are focused on retirement in a big way. Our research found that three out of four are already discussing saving, investing, and planning for retirement with family and friends,” said Catherine Collinson, president of TCRS, in a press release. “In fact, Millennials are twice as likely to frequently discuss retirement compared to their parents’ generation.”


Read the full story:  www.forbes.com

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Monday, July 14, 2014

By Nick Gillespie, Jul. 11, 2014, Time.com



Fifty years ago, Baby Boomers and their parents suffered through what was ubiquitously understood as “the generation gap,” or the inability for different generations to speak clearly with one another.

A new national poll of Americans between the ages of 18 and 29 — the Millennial Generation — provides strong evidence of a new generation gap, this time with the Boomers (born between 1946 and 1964) playing the role of uncomprehending parents. When Millennials say they areliberal, it means something very different than it did when Barack Obama was coming of age. When Millennials say they aresocialists, they’re not participating in ostalgie for the old German Democratic Republic. And their strong belief in economic fairnessshouldn’t be confused with the attitudes of the Occupy movement.

The poll of Millennials was conducted by the Reason Foundation (the nonprofit publisher of Reason.com, the website and video platform I edit) and the Rupe Foundation earlier this spring. It engaged nearly 2,400 representative 18 to 29 year olds on a wide variety of topics.

This new generation gap certainly helps to explain why Millennials are far less partisan than folks 30 and older. Just 22% of Millennials identify as Republican or Republican-leaning, compared with 40% of older voters. After splitting their votes for George W. Bush and Al Gore in 2000 (each candidate got about 48%), Millennials have voted overwhelmingly for Democratic candidates in the 2004, 2008, and 2012 elections. Forty-three percent of Millennials call themselves Democrats or lean that way. Yet that’s still a smaller percentage than it is for older Americans, 49% of whom are Democrats or lean Democrat. Most strikingly, 34% of Millennials call themselves true independents, meaning they don’t lean toward either party. For older Americans, it’s just 10%.

Millennials use language differently than Boomers and Gen Xers (born between 1965 and 1980). In the Reason-Rupe poll, about 62% of Millennials call themselves liberal. By that, they mean the favor gay marriage and pot legalization, but those views hold little or no implication for their views on government spending. To Millennials, being socially liberal is being liberal, period. For most older Americans, calling yourself a liberal means you want to increase the size, scope, and spending of the government (it may not even mean you support legal pot and marriage equality). Despite the strong liberal tilt among Millennials, 53% say they would support a candidate who was socially liberal and fiscally conservative (are you listening, major parties?).

There are other areas where language doesn’t track neatly with Boomer and Gen X definitions. Millennials have no first-hand memories of the Soviet Union or the Cold War. Forty-two percent say they prefer socialism as a means of organizing society but only 16% can define the term properly as government ownership of the means of production. In fact, when asked whether they want an economy managed by the free market or by the government, 64% want the former and just 32% want the latter. Scratch a Millennial “socialist” and you are likely to find a budding entrepreneur (55% saying they want to start their own business someday). Although they support a government-provided social safety net, two-thirds of Millennials agree that “government is usually inefficient and wasteful” and they are highly skeptical toward government with regards to privacy and nanny-state regulations about e-cigarettes, soda sizes, and the like.


Read the full story:  www.time.com

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Saturday, July 5, 2014

Oscar Selfie via Forbes.com
By David Vinjamuri, Jul. 1, 2014, Forbes.com

We are in the middle of one of the most important and least appreciated social transformations of the postwar era. It is changing the way that established companies sell their products while propelling unknown brands to the forefront. Everyone knows someone involved in this cultural shift, but nobody is talking about it – not as a whole. Or we don’t realize that we’re talking about it when we do. We’re talking about selfies when we should be talking about indies.

When Academy Awards host Ellen DeGeneres arranged a group selfie of movie stars, it broke Twitter and set a viral sharing record. A stream of cultural commentary followed, with Pew Research notingthat half of millennials have taken self-portraits and Charles Blow for the New York Times calling millennials “The Self(ie) Generation”.

Selfie is almost synonymous with “selfish” – as if millennials are just Baby Boomers with iPhones. But there is a more interesting aspect of that moment: the photo itself was very good. An actor – Bradley Cooper – was handed someone else’s phone and took a near professional quality photo. It suggests that technology has advanced to the point where creativity isn’t controlled by a demarcated group of professionals. That’s the trend that matters. Big advances in technology and connectedness of the past decade have pushed amateurs into professional territory and persuaded corporate workers to go solo. And it’s not just millennials who are departing the mother ship.


Read the full story:  www.forbes.com

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Friday, July 4, 2014

By Robby Soave, Jul. 3, 2014, Reason.com

A generally encouraging jobs report was released Thursday, inspiring some confidence that the limping economy was recovering. According to Forbes:

The Bureau of Labor Statistics released a surprisingly strong jobs report Thursday morning.

Employers added 288,000 jobs in June, significantly more than the 215,000 economists were anticipating. The unemployment rate, which is drawn from a different survey of households, dropped from 6.3% to 6.1% the lowest rate since September 2008.

Immediately following the news the S&P 500, The Dow Jones Industrial Average and Nasdaq Composite were in the green, continuing positive trends seen leading up to the pre-bell release. The Dow crossed 17,000 for the first time ever seconds after the opening bell before settling around 17,050.

The May payroll number was revised up from plus 217,000 jobs to plus 224,000. April’s employment number was also revised from 282,000 jobs added to 304,000. Total employment gains those months were therefore 29,000 higher than BLS — a division of the Department of Labor — previously reported. Job growth averaged 272,000 for the last three months.

“This was a strong report any way you slice it,” wrote RBS U.S. Economist Omair Sharif in a note on the news. Sharif pointed out that the unemployment rate is “where the Fed thought we would be at year-end, and it’s only June.”

The New York Times' Neil Irwin writes that while the numbers are indeed inspiring, there is good reason to be cautious. The job market has periodically experienced an errant, solid quarter only to plummet again:

So the reasons I’m saving the fireworks for the July 4 holiday, rather than this jobs report, is not because there is some obvious soft underbelly. It’s because we’ve kind of seen this before.


Read the full story:  www.reason.com

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Saturday, May 17, 2014

By Donna Sabino, May 6, 2014, Ipsos-na.com

New York, NY – Evidence of Millennial Moms’ growing passion for digitally-delivered experiences was quite evident in the newest wave of LMX Family, Ipsos’ study of the media behaviors and attitudes of parents and kids. From time spent using apps and watching online videos with their children to number of SVOD subscriptions, GenY Moms are increasingly turning to the internet to find entertainment to share with their kids aged 6-12 years old.

While lifts were seen across the board in families’ use of online entertainment, Millennial Moms and their children aged 6-12 spent 18% more time consuming app content and 14% more time consuming online videos than moms of other generations. Additionally, subscriptions to SVOD services were significantly more popular in families of Millennial Moms indexing at 135 compared to GenX /Boomer Moms. “This is an important finding not only because it provides a moment-in-time snapshot of what is happening in families today but also because it establishes where and how young moms are teaching their children to seek out entertainment content, “ says Donna Sabino, SVP and leader of the Ipsos Kids & Family Center of Excellence.

The allure of digital experiences also attracts Millennial moms while they are consuming traditional media with their kids. In fact, more than eight-in-ten Millennial moms reported simultaneously going online while watching TV with their children—significantly more than moms of other generations. From visiting social networks to generating social TV conversations, across the board Millennial Moms were more likely than other moms to TV-online multitask when consuming traditionally-delivered TV content with their children. “Moms are demonstrating concurrent consumption behaviors when watching TV with their children. This provides a salient model for kids’ own media consumption patterns moving forward,” observes Sabino.

Read the full story:  www.ipsos-na.com

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Thursday, May 15, 2014

Credit:  www.veteranstoday.com
By Elisabeth Vliet, M.D., May 10, 2014, Wnd.com

“Millennials,” the group of young people born after 1980, overwhelmingly voted in 2008 for politicians who promised “health care for all” and sponsored the “Affordable Care Act” (aka Obamacare). Sadly, young people took on faith the promises of an orator and did not read the text of the law before it was passed on a 100 percent Democrat partisan vote by politicians who didn’t read it either.

These millennials are finding out they’ve been “had” in promises not kept. Their health insurance premiums are skyrocketing. Their mandated coverage is far broader (ergo, more expensive) than many healthy young people need. Their choices of doctors and hospitals are now limited.

Because young people voted in droves for Obama in 2008 and 2012, architects of the health-care law assumed they would “vote” for the ACA by enrolling in Obamacare. Young people, however, are pretty savvy. They have learned a lesson: Read what you sign up for before you buy. They are not signing up as anticipated.

Here are the top eight ACA harms to young millennials:

1) Health insurance premiums are much higher. Before ACA, a young person typically paid $100-150 per month for a basic policy. Now, for Aetna’s ACA-compliant Classic Silver Plan, a young person making $25,000 per year would now pay $2,424/year (10 percent of income) in Arizona, or $3,576/year in Illinois.

2) Deductibles have doubled, tripled or quadrupled. For the plans above, before the ACA, a young person paid $1,000-$2,000 out of pocket to meet the deductible before insurance coverage started. After the ACA, average deductibles range from $4,000 to $6,000 before insurance starts to pay!

3) Today’s millennials are less able to afford insurance than baby boomers were at their age. Millennials may be more educated, but they have also accumulated greater debt and face a stagnant employment and income situation – partly created or worsened by ACA. In 2014, nearly half of the unemployed in the U.S. are under 34. That is a catastrophic change from the year 2000. Then, the U.S. had the lowest unemployment rate for those 18-34, compared to other wealthy economies.

Read the full story:  www.wnd.com

Monday, April 21, 2014

By Erin Lowry, Nov. 6, 2013

From birth, we're raised thinking mommy and daddy know best. They have our best interests in mind when they scare away tattooed teenage boys, keep the liquor under lock and key, and set our curfews earlier than those of all our other friends. Unfortunately, when it comes to money, mommy and daddy might be leading you astray.

Financial literacy rates in the Millennial generation are abysmal. This year the Treasury Department and Department of Education tested the financial literacy of 84,000 high schoolers, who scored an average of 69 percent.

With little to no financial literacy taught in our education system, children have no choice but to learn from dear old Mom and Dad. But if Mom and Dad were never taught -- or never bothered to learn -- how to appropriately handle money, they sure aren't the ones who should be giving financial advice.

If you've ever heard your parents say, "Don't get a credit card," they were wrong.

Credit cards are one of the easiest ways to build your credit score. Granted, establishing new credit only makes up 10 percent of your score, but if you aren't paying off loans yet, it might be the only way for you to establish a line of credit. Length of credit history makes up 15 percent of your score, so the longer you've had a "healthy" history, the higher your score will typically be.

Parents are often reluctant to give their college-age children access to plastic, but if you know how to treat your card right, it'll pay off. When you graduate and start looking for an apartment, a respectable credit score is important to your landlord, while a lack of one can prevent you from signing a lease.

If you've ever heard your parents say, "Keep a monthly balance on your credit card," they were wrong.

Somehow, parents heard a rumor that keeping a monthly balance on your credit card will help your credit score. They spout some nonsense about how paying the minimum shows responsibility and increases your score.

False.

Carrying a balance does nothing to improve your score and instead costs you more money because you're accumulating interest on the balance. Instead, pay off your credit card in full each month (which means not charging more to the card than you know you can afford).

If you've ever heard your parents say, "X,Y or Z college is worth the student loan debt," they were wrong.


Read the full story:  www.dailyfinance.com



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Tuesday, April 1, 2014

Hamilton Nolan, Mar. 31, 2014, Gawker.com
The young adults of America have been sold a dream for their entire lives: go to the right school, get the right job, buy a house, and live the American Dream. Ha. The American Dream is dead, school is a debt trap, and young people are losing the economic race with the old.

Look, everyone got screwed in the recession. Rich people, who have all the money, actually lost the most money, arithmetically speaking! But that doesn't matter, since rich people quickly recovered from the recession, whereas non-rich people still have not.

Read the full story:  www.gawker.com

Related:  Bloomberg:  Millennials Mired in Wealth Gap as Older Americans Gain:  Economy

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Thursday, March 13, 2014

Source: Pew Research Report
By Sarah Jean Seman
While Republicans are not particularly adept at attracting Millennials, it seems Democrats are not particularly adept at keeping them: only 17 percent identity as Republican while 27 percent identify as Democrat, a Pew Research report found. However, this tech-savvy, debt-burdened, areligious, racially diverse group of 18 to 33-year-olds are on the fast track away from the Democratic party.
As noted by the The Daily Beast:
While the Pew study lends much support to the story that the GOP is struggling with Millennials, far more interesting is the new revelation at just how much the Democrats have struggled with this generation in the last year or two. While Democrats have the edge over the GOP in terms of the number of Millennials identifying with their party, it is actually the Democrats who have seen a larger drop-off among the young in just the last few years. Obama's approval ratings, which at one point were sky-high with Millennials, have come back down to earth since the start of his second term. A majority of Millennials think the government should ensure everyone is covered by health insurance but 54 percent also disapprove of the Affordable Care Act, a result that is exactly in line with other generations’ views.
Read the full story:  www.townhall.com