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"Mention “millennial” to anyone over 40 and the word “entitlement” will come back at you within seconds, our own intergenerational game of Marco Polo." highline.huffingtonpost.com/articles/en/poor-millennials/Permalink On twitter.com
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"The touchstone experience of millennials, the thing that truly defines us, is not helicopter parenting or unpaid internships or Pokémon Go. It is uncertainty. "Permalink On twitter.com
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DamnPermalink On twitter.com
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"Where previous generations were able to amass years of solid experience and income in the old economy, many of us will spend our entire working lives intermittently employed in the new one."Permalink On twitter.com
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“Millennials feel like they can lose everything at any time [...] And, increasingly, they can.”Permalink On twitter.com
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Mood +2 🙂
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"'I don’t understand why it’s so hard to do something with your life,' he tells me. The answer is brutally simple. In an economy where wages are precarious & the safety net has been hacked into ribbons, one piece of bad luck can easily become a years-long struggle..."Permalink On twitter.com
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"No state provides cash benefits that add up to the poverty line."Permalink On twitter.com
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"Forty-one percent of working millennials aren’t even eligible for retirement plans through their companies."Permalink On twitter.com
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"26- to 34-year-olds, has the highest uninsured rate in the country and millennials—alarmingly—have more collective medical debt than the boomers."Permalink On twitter.com
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"Every extra dollar of income earned by a middle-class white family generates $5.19 in new wealth. For black families, it’s 69 cents." highline.huffingtonpost.com/articles/en/poor-millennials/Permalink On twitter.com
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"The biggest problem we face is not financial illiteracy. It is compound interest. "In the coming decades, the returns on 401(k) plans are expected to fall by half."Permalink On twitter.com
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"In 1950, there were 17 American workers to support each retiree. When millennials retire, there will be just two."Permalink On twitter.com
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"My father’s first house cost him 20 months of his salary. My first house will cost more than 10 years of mine."Permalink On twitter.com
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"In 2016, the Census Bureau reported that young people were less likely to have lived at a different address a year earlier than at any time since 1963."On twitter.com
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I am really loving the visualsPermalink On twitter.com
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"Everything Matters"Permalink On twitter.com
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"Any attempt to recreate the economic conditions the boomers had is just sending lifeboats to a whirlpool."Permalink On twitter.com
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"For decades, politicians have been terrified of making the slightest twitch that might upset homeowners. But with renters now outnumbering owners in nine of America’s 11 largest cities, we have the potential to be a powerful political constituency."Permalink On twitter.com
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"Boomers, it's up to you: Do you want your children to have decent jobs and places to live and a non-Dickensian old age? Or do you want lower taxes and more parking?"Permalink On twitter.com
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"Then there’s our responsibility. We’re used to feeling helpless because for most of our lives we’ve been subject to huge forces beyond our control. But pretty soon, we’ll actually be in charge."Permalink On twitter.com
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That graphic at the end... :(Permalink On twitter.com
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What amazing work, well done to that whole team.Permalink On twitter.com
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You should totally read the whole thing at highline.huffingtonpost.com/articles/en/poor-millennials/Permalink On twitter.com
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