God, this whole fucking debate is clownish.
I thought at least he was smarter than this. The reasons for the malaise in young people are these:
- Real wages are falling, and are lower now for most than they were in 2019.
- Housing prices are 45 percent higher than they were in 2019. Most Gen Zers now correctly realize they will never be able to buy a house at all.
- Inflation since 2019 is up 20% officially. As most people experience it, itโs actually up 40-50%.
- Rent is up 20% since 2019, and far more in many markets.
- Around 45% of young adults are living at home because they cannot afford to do otherwise.
- Student debt repayments resuming are slamming people right now.
- Most know they are only one medical crisis away from bankruptcy, whether they have insurance or not. Because thatโs how America works.
Come on, this stuff isnโt hard. Why are motherfuckers so damn shit-stupid about this? The data is just fucking right there.
Fuck.