whysthatso

Poor Millennials

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Posted on November 16, 2020  //  society

Generation Screwed

Why millennials are facing the scariest financial future of any generation since the Great Depression.

The Huffington Post

Some ideas here for social change, however, based on US analysis.

  • raise the minimum wage and tie it to inflation

  • roll back anti-union laws to give workers more leverage against companies that treat them as if they’re disposable

  • tilt the tax code away from the wealthy

  • attach benefits to work instead of jobs: For every hour you work, your boss chips in to a fund that pays out when you get sick, pregnant, old or fired. The fund follows you from job to job, and companies have to contribute to it whether you work there a day, a month or a year.

  • construction workers have an “hour bank” that fills up when they’re working and provides benefits even when they’re between jobs

  • Hollywood actors and technical staff have health and pension plans that follow them from movie to movie

  • in low employment / mid to high human resource areas launch a program that simply reimbursed employers for the wages they paid to eligible new hire

  • improve existing poverty fighting programs and handouts over basic income

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Andreas Wagner
freelance System Administrator and Ruby programmer in Tallinn, Estonia