Saturday, January 28, 2023

“We are the Sandwich generation” Syed Saddiq says youths today are being pressured from top and bottom

Social News"We are the Sandwich generation" Syed Saddiq says youths today are being...

Speaking at the Pakatan Harapan’s grand finale mega ceramah at Keramat on Wednesday (16 November), MUDA president Syed Saddiq Syed Abdul Rahman expressed concern over the current generation that has to face the increasingly challenging world after they graduate.

He also called the younger generation the ‘sandwich generation’ as they had to face various ongoing economic issues due to the rising cost of living.

“I am worried about the future of my generation. The young generation now is the ‘sandwich’ generation.”

“Sometimes, these people have to do three jobs in order to cover expenses. Even if they reach 30, they cannot apply for a home loan.”

“Their cars are on a lease. There is already pressure on them when they start their lives,” he said.

Meanwhile, Syed Saddiq also said that researches conducted by economists showed that the global economy is heading to a recession in 2023 and Malaysia will not be spared from this.

“Next year, we will face a global economic recession. This is according to studies conducted by experts. That is why GE15 is important, it will determine the fate of our country for the next five to ten years,” Syed Saddiq said.

Syed Saddiq then called for the public to vote for a team that is ready to govern Putrajaya and bring forth significant changes.

The Sandwich generation

In an earlier ceramah, the incumbent Muar MP referred to the current generation as the ‘sandwich generation’ as they are pressured from the top to bottom.

“In the past when we had issues we stay in our parents’ or grandparents’ homes. Our salaries are low but we try to manage,” he was quoted as saying by Malay Mail.

“But nowadays the parents of my generation are facing a hard time. Studies showed 50% of retirees have no savings meaning they need to rely on their kids for three years post-retirement.”

Syed Saddiq then pointed out some challenges youths are facing these days, among them are the rising prices of goods, stagnant and low salaries, unemployment, and huge education debts that they take years to repay.

“If we want to get married, start a family how can you do this with a salary of RM2,500? My generation has no assets. House prices are increasing. Let me ask you, if you’re 30 do you have a house? Car? No right?” he asked.

“Engineers have to work as Grab drivers to earn a living but is that all they can look forward to?” he added.

“I’m worried if this issue isn’t made national, youths will not want to go to university. In fact, 70% of school leavers don’t want to go to university. They want to be influencers because there see no point to tertiary education.”

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