Tuesday, April 1, 2014

Millennials Worth Less --And expected to overpay for health ins.-- so that older, sicker (and wealthier) pay less.

Hamilton Nolan, Mar. 31, 2014, Gawker.com
The young adults of America have been sold a dream for their entire lives: go to the right school, get the right job, buy a house, and live the American Dream. Ha. The American Dream is dead, school is a debt trap, and young people are losing the economic race with the old.

Look, everyone got screwed in the recession. Rich people, who have all the money, actually lost the most money, arithmetically speaking! But that doesn't matter, since rich people quickly recovered from the recession, whereas non-rich people still have not.

Read the full story:  www.gawker.com

Related:  Bloomberg:  Millennials Mired in Wealth Gap as Older Americans Gain:  Economy

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