Heard this fund manager on a financial podcast suggest that the ‘younger generation’ doesn’t wanna work because they’re ‘entitled’.
It stuck with me for whatever reason. Just frustration I guess.
Under 25 unemployment is a little high. But how do you study markets for a living and when they don’t behave how expected, your conclusion is that the participants are just, ‘entitled’?
The benefits of participating in the system do not outweigh the costs. That’s not entitlement. That’s good ole, stuffy economics.