Why Should the Next Generation Expect to Live a Better Life?

For the first time in our history, an American man or woman at 30 is less likely to do better than his or her mom or dad. The wealth controlled by people under the age of 40 has been cut from 19% to 9%. Why do young people every year transfer $1.5 trillion to the wealthiest cohort in the history of the planet, US seniors? We never want to talk about it because old people vote. And here's the bad news: These are of our, these are problems of our own making.

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