I wanted to write something longer about Kevin Drum’s latest bout of economic deceit and stupidity, but I just don’t have the energy.

I mean, this dude is very bold. He actually links to the report he lies about. That’s true bravery there. And the reason I don’t have the energy to write about it because I read the whole damn thing because of Kevin Drumbass. Yep, all 54 pages of it. There’s 30 minutes of my life I’ll never get back. But there is this bit from the report, contra Drum, that I wanted to highlight.

Turning to net worth, which puts together the asset and debt comparisons described above, we find that millennials in 2016 have substantially lower real net worth than earlier cohorts when they were young. In 2016, the average real net worth of millennial households was about $92,000, around 20 percent less than baby boomer households in 1989 and nearly 40 percent less than Generation X households in 2001.

I can’t even find most of the numbers Drum lies about in the report, so I have no idea where he got those from. They just aren’t in there as far as I can tell and appear to be made up or extrapolations.

Also, this, from the report.

As shown in column 1, average real labor earnings for young male household heads working full time are 18 percent and 27 percent higher for Generation X and baby boomers, respectively, than for millennials after controlling for age, work status, and a number of demographic variables. For young female heads of household working full time, these generational gaps in labor earnings are in the same direction but somewhat smaller—12 percent and 24 percent, respectively. For family income, the regression shows that Generation X and baby boomer households have a family income that is 11 percent and 14 percent higher, respectively, than that of demographically comparable millennial households.

Drum, being a Boomer (who got free college and other benefits), simply must believe the younger generations are doing a-ok or he might be forced to do something about it. Can’t have that, can we?

I am sending Kevin Drum an invoice for making me read that damn report to show that he was lying, at my standard rate of $200 per hour, one hour minimum.

I am so not kidding. I am sending him an official invoice tomorrow. He better pay it so something comes of this waste of time.