re: Millennials make more money than any other gen. did at their age, but are way less wealthy

Because the narrative regarding millenials is that they’re only poor because they’re addicted to luxury goods, degrees in lesbian dance therapy, or instant gratification. While that narrative has a hint of truth, it’s purposely misleading to distract from real socio-economic issues which are happening that are destroying the middle class in this country and trapping millions in poverty. Wage stagnation is real. Exploding tuition, housing, and healthcare costs are real. While some of the damage is self-inflicted (children out of wedlock, low marriage rates, high divorce rates, going to college more than necessary), a lot of it is either completely beyond their control or greatly influenced by parenting, HR departments, or government schools.

The narrative is a bad one because it allows good folks to ignore the very real economic and demographic timebomb that we’re sitting on which needs to be fixed. Government’s intrusions into healthcare, housing, and student loans are bankrupting a generation and must be stopped or else. Combined with Covid’s destruction of small businesses and social media, amazon, and search engine collusion to censor competition, we are looking at the end of economic mobility in America through traditional means. This is a much more serious issue than avocado toast.