Young Americans get the shaft

Matt Miller:

There's plenty that divides the parties in this pivotal election -- from taxes to drones, from public workers to private equity. But there's one uber-policy that brings Democrats and Republicans together that doesn't get the attention it deserves.

That policy involves you, younger Americans. You're in big trouble. You don't even know it. You're busy trying to get a degree, land a job, start a family, save for a home. You don't follow the news. But trust me -- you've been taken for a ride by your elders.

The question isn't whether such talk will stir up generational war. That's already being waged -- and you're losing. The question is whether you'll wake up and engage in a little generational self-defense. Let me see if I can motivate you.

How are you being swindled today? Let me count just some of the ways:

As many as 100 million Americans live in households today that are earning less than their parents did at a similar age. And this is happening well before we feel the full impact of global economic integration with rising economies like India and China.

Posted by Jim Zellmer at July 7, 2012 2:49 AM
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