Forbes: Are We All Wrong About the Millennials?
RUSH: A fascinating story here from Forbes. I may have to save this. This is a fascinating story about Millennials and how what everything we think about them is wrong, that they are no different from their parents. How many of you have heard -- and you've heard me say it -- that Millennials are not interested in owning anything? They're into the sharing community. They don't care about cars and homes. None of the traditional things that their parents and grandparents wanted or you and I wanted, none of that interests them.
Well, it turns out that may be all wrong. It's a Forbes story. Here's how the story begins: "This is the year that the Millennial population surpasses the number of Baby Boomers in America." And it goes on to say that these Millennial generation people are just like their Baby Boomer parents. What's made them seem different is the Obama economy and the way they've adapted to it. There aren't any jobs. There aren't any careers. They don't have any money to own a house or own a car, and so it's just been assumed that they have different values.
But what the Forbes story says is it's the exact opposite. They are dying to own homes. They are dying to own cars. And it makes the point again that Millennials do not associate -- or very many of them -- do not associate the current status of the American economy with Obama. Frustratingly and stupidly they think it's just the country somehow is faded and it's not what it used to be. I don't know how you don't connect what's happening in the country to the policies of the current president. It's never happened in my life before, but apparently these Millennials do not make that connection for some reason.
RUSH: A fascinating story here from Forbes. I may have to save this. This is a fascinating story about Millennials and how what everything we think about them is wrong, that they are no different from their parents. How many of you have heard -- and you've heard me say it -- that Millennials are not interested in owning anything? They're into the sharing community. They don't care about cars and homes. None of the traditional things that their parents and grandparents wanted or you and I wanted, none of that interests them.
Well, it turns out that may be all wrong. It's a Forbes story. Here's how the story begins: "This is the year that the Millennial population surpasses the number of Baby Boomers in America." And it goes on to say that these Millennial generation people are just like their Baby Boomer parents. What's made them seem different is the Obama economy and the way they've adapted to it. There aren't any jobs. There aren't any careers. They don't have any money to own a house or own a car, and so it's just been assumed that they have different values.
But what the Forbes story says is it's the exact opposite. They are dying to own homes. They are dying to own cars. And it makes the point again that Millennials do not associate -- or very many of them -- do not associate the current status of the American economy with Obama. Frustratingly and stupidly they think it's just the country somehow is faded and it's not what it used to be. I don't know how you don't connect what's happening in the country to the policies of the current president. It's never happened in my life before, but apparently these Millennials do not make that connection for some reason.