Cheer Up, Millennials

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Cheer Up, Millennials

17 Apr 2024

One of the good things about social media is that it can show the current zeitgeist on almost any economic issue. Anodyne tweets on inflation, jobs, supply chains, or any number of other wonky things often elicit, ahem, passionate responses (#engagement) from random others who concur or feel differently. The responses might be factually incorrect, of course, but they do often give a sense of the national mood, especially among people who don't stare at charts for a living. Perhaps no issue elicits more such responses than the finances of millennials (the generation of Americans born between 1981 and 1996), which are widely understood to be just terrible thanks to multiple calamities--war, recession, etc.--occurring during their formative earning years. Post something neutral or (gasp!) even positive about the generation's economic situation, and you're sure to be treated to widespread (and often surly) disagreement. Millennials, so the narrative goes, had it particularly rough during the last couple decades and are still struggling today, especially compared with other generations. So just spare them your avocado toast jokes, okay?

Authors

Scott Lincicome

Published in
United States of America