The Cheapeast Generation: the Millennials

This article is from The Atlantic, written by Derek Thompson and Jordan Weismann. It discusses the millennial’s place in this consumerism driven worlds.

Editorial Fact Check Response

Claim1: The fact is, today’s young people simply don’t drive like their predecessors did.

Evidence1: “In 2010, adults between the ages of 21 and 34 bought just 27 percent of all new vehicles sold in America, down from the peak of 38 percent in 1985. Miles driven are down, too. Even the proportion of teenagers with a license fell, by 28 percent, between 1998 and 2008.” Another article also generates about the same kind of data and ecieskarys. Thus this is a credible source.

Claim2: Since World War II, new cars and suburban houses have powered the economy and propelled recoveries. Millennials may have lost interest in both.

Evidence2: “Half of a typical family’s spending today goes to transportation and housing, according to the latest Consumer Expenditure Survey, released by the Bureau of Labor Statistics. At the height of the housing bubble, residential construction and related activities accounted for more than a quarter of the economy in metro areas like Las Vegas and Orlando. Nation wide, new-car and new-truck purchases hovered near historic highs. But Millennials have turned against both cars and houses in dramatic and historic fashion.” This evidence also checks. This piece of evidence allows the audience that less millennials have the tendency to buy their own automobile nowadays.

Claim3: From a distance, the sharing of cars, rooms, and clothes may seem a curiosity, more hippie than revolutionary. But technology is allowing these practices to go mainstream, and that represents a big new step for consumers. 

Evidence3: “The typical new car costs $30,000 and sits in a garage or parking spot for 23 hourse a day. Zipcar gives drivers access to cars they don’t have to own. Car ownership, meanwhile, has slipped down the hierarchy of status goods for many young adults.” This evidence can be ambiguious. However, in this case, it’s true that people are less likely to drive when they have easier access to cars that they don’t have to own. This evidence checks as well.

This entry was posted in Blog Post 3, Section J5 and tagged , . Bookmark the permalink.

2 Responses to The Cheapeast Generation: the Millennials

  1. Michael McDonald says:

    I would say that for you evidence of claim one, it would be wise to put in the details for the second article that allegedly supports the claim made in the article by Derek Thompson and Jordan Weismann. Sourcing the second article allows readers such as myself to quickly find the exact article for ourselves and then make our own decision if it supports or attacks the original claim. Since you do not provide the link to that article, I cannot say for certain that such an article exists and I am left skeptical. Why would you include the second article and use it to support claims when you don’t even link to it? This makes your editorial response a littler weaker. I’m not exactly sure what you mean when you say that “This piece of evidence allows the audience that less millennials have the tendency to buy their own automobiles nowadays” but I do not see a direct link between family spending and millennials not purchasing cars and houses because they don’t have the tendency to do so. The first coutner argument that comes to my mind is that during the housing crisis, the millennial generation as a whole did not have the best finances because the generation was so young and not financially grounded in the economy enough yet to allow them to have that much extra spending currency. I’m not exactly sure about the strength of the evidence presented in the third evidence slot. Even you said that the evidence is a little ambiguous and I don’t think that the logic that you followed to reach your conclusion is exactly sound. A quick investigation into what ZipCar does shows that they just give you a different car to drive, negating any argument that makes them less likely to drive because they still have to drive, its just a car that doesn’t belong to them.

  2. Rodrigo Salas says:

    You picked a very interesting editorial that relates to Millennial Economics. I recently read an article on ebscohost about millennials and economics that relates to the use of the collective goods that your author mentions in his third claim. I agree with you that the evidence provided by the author checks out because of its reputable sources. Also, the use of words like ‘may’ in your author’s second claim makes the claim easier to back up because the statement is not absolute. You did a very good job by verifying the evidence’s validity with other evidence. For the third piece of evidence, you might also want to consider technological advances like Uber.
    Overall, your editorial fact check is strong.

Leave a Reply