I didn't believe it when older guys said that to me, 10 or 20 yrs ago. but now, well, I'm living it.
Welcome to reality.
My single biggest revelation was how middle age totally inhibits opportunity on the job market - all other factors being constant.
Suddenly resume and experience work against you. Now that you have worked out all of the other kinks of life, due to your experience, you just don't get hired as quickly. You may get interviewed a lot, and maybe re-interviewed more, but not hired. Now you are only a baseline for HR with less experience, while new managers opt for employees that don't dress like their parents and do burning man.
Its all downhill from here, Gramps or Granny. Might as well join AARP and show up for early bird dinners and senior discounts....
Its going to be a really interesting decade as the reality of 1 billion jobs for 7.3 billion people sinks in to the American psyche.
The fact is that unemployed and underemployed are not deadbeats and there will never be enough profitable enterprise to support us all. In fact, it was the growth economy that drove the prosperity and it is and always was completely unsustainable.
Human beings are just going to have to come up with some sort of social currency because the money and profitability will never be enough to go around while still maintaining its value. That's why interest rates are in the twilight zone. Soon, macroeconomics will be eclipsed by some sort of pseudo-economics. Off the grid living is not a bad idea if its possible. Better get that solar panel...
In the meantime, McDonald's does not have a job for you, but you will find something because you are ahead of the trend and its just beginning to happen. Its hard to take the big wide view while living a truly limited mortality. The only reality is your own for sure, and its hard to do anything about the big picture. But now a little wisdom and insight may be what is needed to proceed with reality as we revise plans on our futures.
This may not be news, we've known it all along, but realization is a whole new experience for those in denial. We're all on this ship of fools and we all will find a way to cope with it. Let's try not to get desperate and try throwing anyone overboard in the process, including the old farts like us.