After a Twitter rant this past weekend about why today’s young people are being economically screwed by the policy decisions of their elders, I put together the following slideshow of economic data to show just exactly how Millennials are getting the worst deal in many generations.
In short, they get all of the debt, none of the opportunity.
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- Student loan debt has exploded in the last ten years.
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- Youth unemployment is at its highest in years.
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- Housing became an economy-crushing bubble – and central bankers kept it from popping all the way to levels that match wages.
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- Even if you are working, wages are the lowest percentage of the economy in decades.
