Post A87fo0qp96DqFakE9g by drewzero1@mastodon.social
 (DIR) More posts by drewzero1@mastodon.social
 (DIR) Post #A86aBphlRd1xkSWRHs by oppen@merveilles.town
       2021-06-09T08:34:46Z
       
       0 likes, 0 repeats
       
       A friend just sent a link about inflation, only it was presented as the removal of the 'millennial lifestyle subsidy', couldn't read the article as it was pay-walled but I might go and punch a wall.
       
 (DIR) Post #A86aBqTyYNay9z4wQy by swansinflight@lowkey.party
       2021-06-09T09:33:20.689805Z
       
       0 likes, 0 repeats
       
       @oppen Not inflation:“A few years ago, while on a work trip in Los Angeles, I hailed an Uber for a crosstown ride during rush hour. I knew it would be a long trip, and I steeled myself to fork over $60 or $70.Instead, the app spit out a price that made my jaw drop: $16.Experiences like these were common during the golden era of the Millennial Lifestyle Subsidy, which is what I like to call the period from roughly 2012 through early 2020, when many of the daily activities of big-city 20- and 30-somethings were being quietly underwritten by Silicon Valley venture capitalists.”https://www.nytimes.com/2021/06/08/technology/farewell-mil...
       
 (DIR) Post #A86aZQdmHi8AxkuPgm by swansinflight@lowkey.party
       2021-06-09T09:37:36.888435Z
       
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       @oppen “while it’s painful to pay subsidy-free prices for our extravagances, there’s also a certain justice to it. Hiring a private driver to shuttle you across Los Angeles during rush hour should cost more than $16, if everyone in that transaction is being fairly compensated. Getting someone to clean your house, do your laundry or deliver your dinner should be a luxury, if there’s no exploitation involved. The fact that some high-end services are no longer easily affordable by the merely semi-affluent may seem like a worrying development, but maybe it’s a sign of progress.”Sounds good to me.
       
 (DIR) Post #A87fo0OopDowqjdrVI by oppen@merveilles.town
       2021-06-09T10:09:23Z
       
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       @swansinflight point is it was another dig at millennials.
       
 (DIR) Post #A87fo0qp96DqFakE9g by drewzero1@mastodon.social
       2021-06-09T11:50:03Z
       
       1 likes, 0 repeats
       
       @oppen @swansinflight Yeah, it really sounds like it should be called the venture capital lifestyle subsidy, but it's not gonna get as many clicks with a name that doesn't get older people excited and alienate a whole generation.