โPeople under 45 have an abysmally low share of the nationโs wealth, are burdened with massive healthcare and education debts, work jobs that pay less with less reliability while requiring more education and experience, and cannot afford mortgage or rent.โ https://t.co/it8cUADdsq
โ Nils Gilman (@nils_gilman) July 6, 2021
But an economist told me that if I subtract housing costs, health care costs, and student debt, then Millennials and Gen Z are just as wealthy as Boomers were at the same age!
Canโt go wrong with that economist thinking. Never fails you.