{"id":77851,"date":"2019-01-29T07:30:09","date_gmt":"2019-01-29T12:30:09","guid":{"rendered":"http:\/\/kendallharmon.net\/?p=77851"},"modified":"2019-01-29T07:07:57","modified_gmt":"2019-01-29T12:07:57","slug":"nyt-david-leonhardt-on-the-growing-economic-divide-between-generations-in-america","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=77851","title":{"rendered":"(NYT) David Leonhardt on the growing Economic Divide between Generations in America"},"content":{"rendered":"

For Americans under the age of 40, the 21st century has resembled one long recession.<\/p>\n

I realize that may sound like an exaggeration, given that the economy has now been growing for almost a decade. But the truth is that younger Americans have not benefited much.<\/p>\n

Look at incomes, for starters. People between the ages of 25 and 34 were earning slightly less in 2017 than people in that same age group had been in 2000….<\/p>\n

Read it all<\/a>.<\/p>\n

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The old are getting richer, and the young are getting poorer: Over the past three decades, the net worth of the 65+ age group has risen more than 60%. The net worth of the under-45 age group has fallen more than 30%. https:\/\/t.co\/Dy6nDstoAf<\/a> pic.twitter.com\/jBF2VolFVw<\/a><\/p>\n

\u2014 David Leonhardt (@DLeonhardt) January 28, 2019<\/a><\/p><\/blockquote>\n