If you ever worked with people who fully grew up with modern social media and just entered the workforce you know we're already doomed, there is no recovery from this, that's why governments are starting to act

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whimsicalism 3 days ago | parent [-]

alarmist nonsense

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JSR_FDED 3 days ago | parent [-]

By all means tell us why

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whimsicalism 3 days ago | parent [-]

younger generation is earning more in the workforce than past generations, clearly they haven't been too cooked by phones.

even though i'm in the younger generation and have less experience in the world, i can recognize pearl clutching and moral panics when I see them.

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lm28469 2 days ago | parent [-]

> younger generation is earning more in the workforce than past generations

Inflation adjusted wages and purchasing power is flat for, at least, the past 50 years... and even if it wasn't it wouldn't mean anything regarding new workers capabilities/attention span/&c.

https://i0.wp.com/economicsfromthetopdown.com/wp-content/upl...

https://assets.weforum.org/editor/Xkzpnpz_lnI-0WbTH1LJVUdu3J...

The propaganda is so good people who have it worse than their parents and grand parents think they're living in the greatest times ever.

	▲	whimsicalism 2 days ago \| parent [-]
		those charts are different from the point that i am making, which can be seen here: https://i0.wp.com/www.edwardconard.com/wp-content/uploads/20... https://www.federalreserve.gov/econres/feds/has-intergenerat... the “propaganda is so good” and yet anyone on the internet has seen the charts you’re linking dozens of times. fwiw, your chart makes a lot of assumptions by subsetting to hourly, excluding benefits, and using a different inflation adjustment for income vs. productivity (the last one is 100% a chart crime). every time they make the choice that will make the gap most striking, https://www.piie.com/sites/default/files/realtime/files/2015...