Generation Y's Steep Financial Hurdles:
"They're called 'Generation Y' — teens and twentysomethings known stereotypically for their coddled upbringing, confidence, opinionated dialogue, free-spending habits and openness to change.
Now, stagnant wages, job insecurity, the decline in employer-sponsored health insurance and retirement benefits, the rapid increase in basic expenses, soaring debt and minimal savings have jeopardized the economic security of the entire generation, according to a recent report by Demos, a public policy research and advocacy think tank."
USA Today has an article about the economic toll that the events of the last few years have taken on an entire generation. A generation that, by and large, still probably doesn’t know what hit them.They will learn soon.
Would you be smiling if you were twenty-something years old and you owed almost a hundred thousand dollars?
My guess is that, in another 10 or 20 years, they’re going to be pretty mad when they fully understand what the Big Government Progressive Movement has left them.
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