You know this Atlantic article, "The Incredible Shrinking Incomes of Young Americans," is good because it only uses the term "Millennials" twice and does so reluctantly. Wages for this generation are falling in all fields excepting healthcare, which the author explains away as a result of the recession economy. The recession created a climate with less demand for superfluous purchases (retail and restaurants) on top of an already accelerating trend of automation and outsourcing. And thus, wages became suppressed for this generation and building a nest egg, much less buying a nest, has become unfeasible for a whole segment of the population.
I like this article for not placing the blame on us. About time. But, it's missing something I suspect but just can't prove.
I think that if you read enough about the worthlessness of an entire generation, those themes about entitlement and inability become a part of your worldview. Maybe we're not getting paid fair wages, because enough people have heard the message that we're not worth fair wages. Maybe if I weren't such a Millennial, I could expect to make more. Even in this economy.
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