To Best Understand Inequality, Think Class, Not Generation
How much does the generation we belong to define the comfort of the lives we lead? Just about nothing impacts our comfort, suggests a recent spate of major media news analyses, more than our generation.
“Millennials had it bad financially,” as a Washington Post feature put it last month, “but Gen Z may have it worse.”
Demographers typically define millennials as those Americans born between 1980 and 1994. Gen Z covers the cohort that came on the scene between 1995 and 2012.
The tens of millions of Americans in both these generations, goes the standard analysis, enjoy precious little of the good life that has blessed America’s baby boomers, those lucky 60- and 70-year-olds born right after World War II between 1946 and 1964.