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Millenials

The Incredible Shrinking Incomes Of Young Americans

December 6, 2014 Derek Thompson, www.theatlantic.com , ,
Since the Great Recession struck in 2007, the median wage for people between the ages of 25 and 34, adjusted for inflation, has fallen in every major industry except for health care. Once you account for falling wages among young workers—if you must: "the Millennials"—many mysteries of the economic behavior of young people cease to be mysterious, such as this generation's aversion to home-buying, auto loans, and savings. Indeed, the savings rate for Americans under 35, having briefly breached after the Great Recession, dove back underwater and now swims at negative-1.8 percent.

Open Letter To Millennials: The Time To Act Is Now

September 15, 2014 Stephan DaSung Wallace, www.cindysheehanssoapbox.com , ,
It is not the happiest days of our young life that determine our place in history. If you are a millennial, I hope to God that you have retired the delusion that we all ought to die young. I hope even that, by now, the desire to live a meaningful life, perhaps to live to a ripe old age and look back with pride at a life well-lived has become the dream of yours. I hope that the aggressive hubris and desire to be the best at things has subsided, and that, at least by now, serious contemplation of what it means to be a good person in this world has given you a new direction. This is important for the conventional reasons - one does not wish to look back at their life at the end and be crushed by total uncertainty of its worth.

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