Gen Y: "they deserve it now"

Submitted by bizgrrl on Wed, 2008/07/02 - 7:21am.

Reportedly, Gen Y'rs are helping out the luxury car manufacturers.

Members of “Gen Y” — a famously fickle age group loosely defined as those born between 1978 and 1994 — don’t feel they need to earn their luxury, observed Ed Kim, director of industry analysis for AutoPacific, which tracks the automotive industry.

“They want it now, and they feel they deserve it now,” he said.

BMW is benefiting from the trend. Audi and Acura want in.

It's interesting how easy it is to get credit these days. When we were young (and we had to walk 10 miles in the snow to get to school :), you were lucky to get one credit card with a $300 spending cap. Unless your parents were helping out, the cars we bought were $500 junkers that required a lot of tinkering in the driveway. Ah, but we didn't live with our parents, whereas, "Living with the parents rent-free frees up cash for flashy rides like the M3...".

6
vote

gonzone's picture
another moniker

I heard an older fellow refer to this age group that includes some "entitled" ones as "yuppie larvae."
I probably shouldn't have but I did laugh.

"When the going gets weird, the weird turn pro."
Hunter S. Thompson

Easy now...

Those born between 1978 and 1990 got the nomination for Obama and are likely the key demographic for winning him the presidency. You might want to ease off the harshness a tad. Overall, as a "generation" they're probably the first group since the Boomers to break down as more progressive than conservative. No facts to back that up at all... just a sense based on personal experience.

So, ease up on them

because they're progressive, even though they are apparently spoiled stupid ?

It is the sworn duty...

of every generation to think all the ones following them are spoiled. "Back in my day, we didn't have flint to make fires just whenever we wanted one. We had to wait for a lightning storm to spark a fire or we learned to do without."

Thanks for helping to carry on that proud, eternal tradition.

R. Neal's picture
Those born between 1978 and

Those born between 1978 and 1990 got the nomination for Obama and are likely the key demographic for winning him the presidency.

So, we can expect Obama to propose getting rid of Social Security any day now? Heh.

Huh?

Here I thought the key demographic championing the dissolution of Social Security (never gonna happen, total waste of pixels to argue it) was all those self-absorbed Gen X'ers like me who've been paying into the program for all these years knowing the massive Boomer population ahead of them would suck the "trust fund" dry before they saw a penny of it. Gen Y has nothing to worry about. The pyramid scheme will be pointy on the top again by the time they retire.

What Randy said

So, we can expect Obama to propose getting rid of Social Security any day now? Heh.

My, but you're a wicked fellow!

Larry Van Guilder

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

Captcha
This question is used to make sure you are a human visitor and to prevent spam submissions.
Copy the characters (respecting upper/lower case) from the image.
Blog-O-Rama

There Can Only Be One
(Newscoma)

Sarah Palin - Train Wrecks Get Top Ratings
(Cup of Joe Powell)

Play Her Off, Keyboard Cat
(Southern Beale)

Feel Good Independence Day
(Silence Isn't Golden)

The Sicko Attacks on Sarah Palin's Baby
(TN Guerilla Women)

KNS: Ash to be Dumped in Loudon?
(RoaneViews)

Now she 's done it, now I have to go nuclear!
(Left Wing Cracker)

Palin's Resignation: Political Masterstroke Or Extreme Mental Instability of a Castrating Bitch?
(TN Guerilla Women)

Innocent Blogging Fun
(Newscoma)

Scott McNutt cuts to the truth...
(RoaneViews)

Harriman Care and Rehab in the News
(RoaneViews)

Fireworks, Cheap thrills with toxic consequences
(RoaneViews)

Democrats Muster on the Mount
(OpenPen)

Breaking: Governor Sarah Palin Will Resign!
(TN Guerilla Women)

Fireworks Show 9:30 PM July 4 at Kingston City Park
(RoaneViews)


Media Blogs

Memo to the Republican Governors Association
(Michael Silence)

Son of Big Box
(Josh Flory)

TVA Tries Sending Inspection Reports Directly to Landfills
(Snark Bites)

The Wa$hington Po$t
(Michael Silence)

Chapter 11 for condo developer
(Josh Flory)

Gone Fishin': Pith is Off Today
(Pith in the Wind)

Thoughts On Kyle's Kinda, Sorta Kickoff for Governor
(Tom Humphrey)

Bredesen Lectures Legislators on License Plates -- Again
(Tom Humphrey)

Robin Has a Website
(Tom Humphrey)

Cobb Successor To Be Elected on Oct. 13
(Tom Humphrey)

Gibbons 'On Target' With $415,000 In Contributions
(Tom Humphrey)

Happy Fourth of July!
(Michael Silence)

A mashup of satellite images of the TVA ash spill
(Michael Silence)

WaPo gets Ouched! again
(Michael Silence)

Stimulating government
(Michael Silence)


Post Politics

Proving Her Critics Right
(AC Kleinheider)

Makes As Much Sense As Anything I’ve Heard Yet
(AC Kleinheider)

Resigned On The 3rd Of July: Sarah Palin Steps Down As Governor
(AC Kleinheider)

Like He Never Existed
(AC Kleinheider)

You’re Light, Son
(AC Kleinheider)

Can Jim Kyle Win The Democratic Nomination For Governor?
(AC Kleinheider)

Shout Out To Tuke
(AC Kleinheider)

Alexander Wishes You A Happy Independence Day
(AC Kleinheider)

Cammack, North Of Two Hundie
(AC Kleinheider)

Ford Dynasty Member Says He’ll Make A Run At Memphis Mayor
(AC Kleinheider)


Local News

Drownings reminder to use pool alarms, gates and buddies
(Knoxville News Sentinel)

TWRA plans extra boat patrols
(Knoxville News Sentinel)

Father's fraud followed son's debt woes
(Knoxville News Sentinel)

Lockett is subject of 3 investigations
(Knoxville News Sentinel)

Loudon residents fight against ash disposal
(Knoxville News Sentinel)

Downtown condo developer files bankruptcy
(Knoxville News Sentinel Business)

Auto fallout still felt locally
(Knoxville News Sentinel Business)

Loudon residents fight against ash disposal
(Knoxville News Sentinel Business)

Hospital management at issue in Claiborne County
(Knoxville News Sentinel Business)

Tazewell hospital proposals to be heard Monday
(Knoxville News Sentinel Business)

Governor Bredesen Issues Writ of Election
(State of Tennessee)

Bredesen Breaks Ground on Recovery Act Project in Nashville
(State of Tennessee)

Extended Unemployment Benefits Available for Eligible Tennesseans
(State of Tennessee)

THP Gears Up For July 4th Weekend Crackdown on Drunk Drivers
(State of Tennessee)

Tennessee Announces 2009-10 School Meal Guidelines
(State of Tennessee)

Family's gas grill explodes catching house on fire
(WATE local)

Blount County K-9 loses battle with cancer
(WATE local)

Stripper says she is upset kidnapping & rape chares were dropped
(WATE local)

Deadly Shooting and police pursuit ends in crash
(WATE local)

Shooting and police pursuit ends in crash
(WATE local)

Local fireworks laws, displays in your area
(WBIR Local)

Update: Victim dies after Friday afternoon shooting
(WBIR Local)

Hero Central: Help feed hungry kids with Backpack Buddy Club 10
(WBIR Local)

Authorities prepare for explosive holiday
(WBIR Local)

East Tennesseans hit the lake for holiday weekend
(WBIR Local)

Beefing up patrols on Tennessee highways
(WVLT Local)

Honduras rejects OAS appeal to restore president
(WVLT Local)

UPDATE: Police investigate shooting, high speed chase and crash
(WVLT Local)

SKorea says NKorea fires 2 missiles off east coast
(WVLT Local)

Alleged victim, estranged wife talk about dropped kidnap and rape charges
(WVLT Local)


Wire Reports

Group Sotomayor advised fought job tests (AP)
(AP Politics)

Mrs. Obama bringing glamor to Moscow this weekend (AP)
(AP Politics)

Obama cites his agenda in holiday address (AP)
(AP Politics)

Palin resignation leaves questions on 2012 run (AP)
(AP National News)

Palin resignation leaves questions on 2012 run (AP)
(AP Politics)

SC serial killer conjures memory of 60s murderer (AP)
(AP National News)

Police: Arizona woman led sons on crime spree (AP)
(AP National News)

Jackson was loving and attentive father, many say (AP)
(AP National News)

Jackson kids face hurdles to coping with his death (AP)
(AP National News)

Calif. bullet train hits criticism on SF Peninsula (AP)
(AP National News)

Obama calls for reform in Independence Day address (AFP)
(AP Politics)

Calif. regulators warn of pot's cancer capability (AP)
(AP National News)

Medvedev sees 'new prospects' for US-Russia ties (AFP)
(AP Politics)

NY growth besieges Revolutionary patriots' graves (AP)
(AP National News)

Palin Stirs Debate About Her Political Future With Resignation (Bloomberg)
(AP Politics)

Palin resignation splits GOP (Politico)
(AP Politics)

AP Source: Detroit mayor firing police chief (AP)
(AP National News)

Pachyderms outdo people in cross-species chow bout (AP)
(AP National News)

Firefighters battle big blaze at shuttered SC mill (AP)
(AP National News)

Palin resigns as governor, leaves plans secret (AP)
(AP National News)