Jun 11 2017

Psychologically damaged baby boomers blame Millennials for all of the perceived ills in the economy including destroying dozens of industries.

The headlines continue to rail against young Americans as if they are the primary cause for many industries going under.  Forget about the fact that companies like Amazon have shifted the way all Americans shop.  The headlines blaming young Americans are getting to the point of ridiculousness.  Baby boomers hold 50 percent of all wealth […]

Jan 15 2017

Millennials are worse off than their parents: Millennials earn 20% less than baby boomers at same stage in life.

It is now official that Millennials are worse off than their parents.  The Federal Reserve released a study showing that Millennials are as broke as we suspected.  According to the figures released Millennials earn 20% less than baby boomers did at the same stage in life.  This is a major reason why so many Millennials […]

Dec 31 2016

Guns and Chipotle: Millennials are the most employed generation in two occupational areas: food services and military.

Young Americans have many financial obstacles placed in their way.  Many older Americans like to chime in and blast younger Americans as being weak and complaining too much but the facts tell a different story.  Millennials do have it economically tougher.  Quality of life is up (for all) but the standard of living is getting […]

Oct 15 2016

The Millennial Conundrum: Millennials are bogged down by massive student debt and confiscatory housing prices.

Millennials are a critical group in terms of where the economy goes in the next few years.  The economy largely relies on younger people to spend and purchase consumption items.  Think of a young couple buying their first home.  That in itself is a big purchase.  Then comes big ticket items like refrigerators, a family […]

Sep 3 2016

Americans now spend more on drinking and eating establishments than they do at grocery stores. Over 17 million kids went to college to be waiters or flight attendants.

There are many reasons why so many people now work in the low wage sectors of America.  As it turns out, the eating habits of Americans have changed dramatically.  Only in the last couple of years have Americans spent more on eating out than they do on actual groceries.  Too bad the median annual pay […]

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