/leftypol/ - Leftist Politically Incorrect

>Generation X (or Gen X for short) is the demographic cohort following the baby boomers and preceding the millennials. Researchers and popular media use the mid-to-late 1960s as starting birth years and the late 1970s to early 1980s as ending birth years, with the generation being generally defined as people born from 1965 to 1980.

What is /leftypol/'s take on Gen X? We've discussed boomers, zoomers, and even Millennials. What is the actual materialist and political take on Gen X?

They grew up with boomer parents having swinger parties and getting divorce. In a sense they were the first generation to grow up under the boomer domination as society was lazer focused on what boomers were doing as adults and not on the much smaller generation coming up. They lived through the crack and AIDS epidemics, the carter and reagan presidencies and some of them turned neoliberal/conservative. They were the first generation to really have widespread access to PC's and grow up after civil rights, legal abortion, and title 9.

They had lousy economic prospects (though still better than Millennials and Zoomers) as a result of neoliberalism, etc. and many of the good jobs were going away or to their boomer elders so they had mostly low wage, menial "mcjobs" and were known as "slackers". They were nihilistic and disengaged from politics.

>For early Gen Xer graduates entering the job market at the end of the 1980s, economic conditions were challenging and did not show signs of major improvements until the mid-1990s. In the U.S., restrictive monetary policy to curb rising inflation and the collapse of a large number of savings and loan associations (private banks that specialized in home mortgages) impacted the welfare of many American households. This precipitated a large government bailout, which placed further strain on the budget. Furthermore, three decades of growth came to an end. The social contract between employers and employees, which had endured during the 1960s and 1970s and was scheduled to last until retirement, was no longer applicable. By the late 1980s, there were large-scale layoffs of boomers, corporate downsizing, and accelerated offshoring of production.

>On the political front, in the U.S. the generation became ambivalent if not outright disaffected with politics. They had been reared in the shadow of the Vietnam War and the Watergate scandal. They came to maturity under the Reagan and George H. W. Bush presidencies, with first-hand experience of the impact of neoliberal policies. Few had experienced a Democratic administration and even then, only, at an atmospheric level. For those on the left of the political spectrum, the disappointments with the previous boomer student mobilizations of the 1960s and the collapse of those movements towards a consumerist "greed is good" and "yuppie" culture during the 1980s felt, to a greater extent, hypocrisy if not outright betrayal. Hence, the preoccupation on "authenticity" and not "selling-out". The Revolutions of 1989 and the collapse of the socialist utopia with the fall of the Berlin Wall, moreover, added to the disillusionment that any alternative to the capitalist model was possible.

>In 1990, Time magazine published an article titled "Living: Proceeding with Caution", which described those then in their 20s as aimless and unfocused. Media pundits and advertisers further struggled to define the cohort, typically portraying them as "unfocused twentysomethings". A MetLife report noted: "media would portray them as the Friends generation: rather self-involved and perhaps aimless…but fun". Gen Xers were often portrayed as apathetic or as "slackers", lacking bearings, a stereotype which was initially tied to Richard Linklater's comedic and essentially plotless 1991 film Slacker. After the film was released, "journalists and critics thought they put a finger on what was different about these young adults in that 'they were reluctant to grow up' and 'disdainful of earnest action'". Ben Stiller's 1994 film Reality Bites also sought to capture the zeitgeist of the generation with a portrayal of the attitudes and lifestyle choices of the time.

>Negative stereotypes of Gen X young adults continued, including that they were "bleak, cynical, and disaffected". In 1998, such stereotypes prompted sociological research at Stanford University to study the accuracy of the characterization of Gen X young adults as cynical and disaffected. Using the national General Social Survey, the researchers compared answers to identical survey questions asked of 18–29-year-olds in three different time periods. Additionally, they compared how older adults answered the same survey questions over time. The surveys showed 18–29-year-old Gen Xers did exhibit higher levels of cynicism and disaffection than previous cohorts of 18–29-year-olds surveyed. However, they also found that cynicism and disaffection had increased among all age groups surveyed over time, not just young adults, making this a period effect, not a cohort effect. In other words, adults of all ages were more cynical and disaffected in the 1990s, not just Generation X.

However they turned into patriotic capitalists in the late 90s and early 2000s:

>By the mid-late 1990s, under Bill Clinton's presidency, economic optimism had returned to the U.S., with unemployment reduced from 7.5% in 1992 to 4% in 2000. Younger members of Gen X, straddling across administrations, politically experienced a "liberal renewal". In 1997, Time magazine published an article titled "Generation X Reconsidered", which retracted the previously-reported negative stereotypes and reported positive accomplishments. The article cited Gen Xers' tendency to found technology startup companies and small businesses, as well as their ambition, which research showed was higher among Gen X young adults than older generations. Yet, the slacker moniker stuck. As the decade progressed, Gen X gained a reputation for entrepreneurship.

>In the U.S., Gen Xers were described as the major heroes of the September 11 terrorist attacks by author William Strauss. The firefighters and police responding to the attacks were predominantly from Generation X. Additionally, the leaders of the passenger revolt on United Airlines Flight 93 were also, by majority, Gen Xers. Author Neil Howe reported survey data which showed that Gen Xers were cohabiting and getting married in increasing numbers following the terrorist attacks. Gen X survey respondents reported that they no longer wanted to live alone. In October 2001, the Seattle Post-Intelligencer wrote of Gen Xers: "Now they could be facing the most formative events of their lives and their generation." The Greensboro News & Record reported members of the cohort "felt a surge of patriotism since terrorists struck" by giving blood, working for charities, donating to charities, and by joining the military to fight the War on Terror. The Jury Expert, a publication of The American Society of Trial Consultants, reported: "Gen X members responded to the terrorist attacks with bursts of patriotism and national fervor that surprised even themselves."

They were the last generation for whom higher education paid for itself:

>Unlike millennials, Generation X was the last generation in the U.S. for whom higher education was broadly financially remunerative. In 2019, the Federal Reserve Bank of St. Louis published research (using data from the 2016 Survey of Consumer Finances) demonstrating that after controlling for race and age, cohort families with heads of household with post-secondary education and born before 1980 have seen wealth and income premiums, while, for those after 1980, the wealth premium has weakened to a point of statistical insignificance (in part because of the rising cost of college). The income premium, while remaining positive, has declined to historic lows, with more pronounced downward trajectories among heads of household with postgraduate degrees.

They made less than the boomers, but more as families because of women also going to work:

>A report titled Economic Mobility: Is the American Dream Alive and Well? focused on the income of males 30–39 in 2004 (those born April 1964 – March 1974). The study was released on 25 May 2007 and emphasized that this generation's men made less (by 12%) than their fathers had at the same age in 1974, thus reversing a historical trend. It concluded that, per year increases in household income generated by fathers/sons slowed from an average of 0.9% to 0.3%, barely keeping pace with inflation. "Family incomes have risen though (over the period 1947 to 2005) because more women have gone to work","supporting the incomes of men, by adding a second earner to the family. And as with male income, the trend is downward."

So there you have it.