August 21, 2018

This NYT Op-Ed About Millennials is Bad and You Should Feel Bad

How old are we — the oldest, saltiest, most bitter of the Millennials — going to be when older, saltier, more bitter Boomers finally stop writing articles like this about us? I mean, guys, we're pushing 35 now — we have kids and mortgages and retirement plans. Are the curmudgiest Olds going to be sitting in the nursing home 20 years from now still bemoaning how self-absorbed we are? Yeah, we'll see how self-absorbed they think we are when we're the ones who decide whether they get a nice senior living apartment or dumped at Shady Pines for the remainder of their days.

Sam Tanenhaus has used the New York Times fashion section to come to the conclusion most reasonable people came to many years ago. Barring global nuclear war or a resurgence of the Black Plague, Millennials are not going anywhere:

Suddenly, as you may have noticed, millennials are everywhere. Not that this group of people born after 1980 and before 2000 — a giant cohort now estimated to number at least 80 million Americans, more than the baby boom generation — was ever invisible. What’s changed is their status. Coddled and helicoptered, catered to by 24-hour TV cable networks, fussed over by marketers and college recruiters, dissected by psychologists, demographers and trend-spotters, the millennial generation has come fully into its own. The word “millennial,” whether as noun or adjective, has monopolized the nonstop cultural conversation, invariably freighted with zeitgeisty import.

Suddenly? Bro, some of us are in our THIRTIES. It's not like we helicoptered in from technology planet with our #selfies and our #texting just last year.

So what is it about "kids these days" that so baffles Olds? Our fascination with technology? Nope. It's our fascination with ourselves.

[W]hat besides youth sets millennials apart from their elders — the wizened silent generation, the graying boomers, the midlife Gen-X’ers?

The usual answer seems to be “narcissism” — self-absorption indulged to comical extremes. We all can recite the evidence: the breathlessly updated Facebook profile, the cascade of selfies, the Kardashians.

I've noticed a trend in Baby Boomers myself: they are as obsessed with Millennials as Millennials are with themselves. It's hard to not be self-absorbed when Old White Guys™ are constantly dedicating so much hot air to the study of you as though you are some rare Brazilian frog species only recently discovered by scientists in the Amazon.

Consider the approach many take to the workplace. Thanks to the 2008 economic crash, millennials know how fleeting wealth can be. Their solution? For many, it is to acquire not more, but less.

“Almost two-thirds (64 percent) of millennials said they would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring,” the Brookings Institution recently noted in a report by Morley Winograd and Michael Hais titled “How Millennials Could Upend Wall Street and Corporate America.”

Show of hands, children, how many of you would rather make $40,000 at a job you love than $100,000 at a "boring" job? Being a self-absorbed Millennial douche, I believe it is possible to both have a job you enjoy and make a decent living doing it but hey, maybe I'm one of those deluded kids this guy hates so much.

I can't wait for Generation Z to come of age so we can all move on and start ripping on them instead.

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Grant Thornton to Close Greensboro, NC Office

We’ve received multiple tips informing us that Grant Thornton’s Greensboro, North Carolina office will be closing in the spring after busy season has ended.

Greensboro has approximately 35 professionals in all three service lines although our sources indicate that many tax professionals were laid off late last year in anticipation of the closure. Greensboro currently functions as a satellite of the Charlotte office which houses the support professionals.

What’s not known at this time is whether the office will become virtual, similar to the setup that Ernst & Young arranged for its Greensboro office other whether it will be an outright closure.

We contacted Grant Thornton for comment and had not heard back from them at the time of this posting.

If you’re familiar with the situation in Greensboro and have more information, get in touch with us. We’ll continue to keep you updated as we learn more.

Dita von Teese’s Accountant Understands Why She Has to Spend $70k on a Dress

Last month we mentioned that while we enjoy her genius, we wouldn’t want to be of Lady Gaga’s accountant. She definitely falls into the “clients that make you want to jump out the window” bucket.

Likewise, if we had our choice of clients, we wouldn’t be chasing down burlesque artists that marry rock stars, in this case, Dita von Teese. Not because we don’t enjoy burlesque artists and the rock stars they love, quite the contrary actually; it’s just seems that the headaches associated with such a client would be more trouble than it would be worth.


Surprisingly, DVT takes money quite seriously and is not as slipshod as you might expect.

I refuse to go to the hair salon and have a $300 hair dye job – I do it myself at home with an $8 dye kit… I’ve always been a saver…I saved at least 15[%] of everything I earned and invested it in mutual funds

Jesus, talk about sensible. However there is this glimmer:

I think nothing of spending $8,000 on a corset for my show. My accountant once said he couldn’t understand how I spent $70,000 on a single dress but then he came to my show and saw how lavish it was and told me afterwards that now he understood.

Those are work related expenses though; count us unimpressed. We’re expecting Gaga-esque negligent wasting of money. Like seriously getting carried away.

I bought [a Jaguar] one night on eBay for $35,000 when I’d had too much champagne.

Yes. That’s the best she can offer. Plus, there’s this:

I pay my [credit card] balances off every month.”

More sensible behavior. Doesn’t sound like she’d be that bad of a client at all. Hell, she probably even keeps all her receipts. L. Gaga’s accountant might consider asking her for some advice.

Dita von Teese: ‘I spent $70,000 on a single dress for my show’ [Telegraph]