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 […]

Nov 20 2014

Multi-generational living is here to stay in a low wage economy: Over 57 million Americans live in multi-generational households.

The Great Recession might be officially over on paper, but the social impact continues to be felt today. The structural changes are deep and profound and have caused a major rise in multi-generational households. Many young Americans burdened by low wage jobs and college debt may have no other option but to move back home […]

May 19 2012

Using the young as a shield for hitting the deficit spending wall – the bill will come due for the young. Government spending prioritizes old American immediate needs and will send the bill to the young.

The level of government spending is mind boggling but has taken a backseat to the issues being experienced over in Europe.  We are running trillion dollar deficits as if this was somehow customary in our history.  For each dollar spent we are seeing less of a result in the real economy.  Part of the issue […]

Feb 23 2012

The compression of generations – 25 million adults live at home with parents because they’re unemployed or underemployed. The crushing cost of a college education today.

The thought of moving out on your own and making your individual way in the world is very much an American trait.  Certainly movies and television shows almost always assume every American has moved out on their own once adulthood is reached.  What this recession has taught us is never take anything for what is […]

Categories