Reply to NYT Opinion Piece: This Isn’t What Millennial Middle Age Was Supposed To Look Like

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[quote=Anonymous][quote=Anonymous]As a Gen Xer who graduated into the recession of the early 90s and then endured the financial crisis I find the millennial attitude/ignorance that they are apparently the first generation ever to face economic hardship laughable. This generation has been feeding at their boomer parents trough all their lives is on track to receive the largest intergenerational transfer of wealth in history.[/quote]

No one is arguing that they are the first ones to face economic hardship. If you can't see how things in the mid-90s were different from things 10 and 20 years later, in terms of housing and college costs, I can't help you.

Also, the people complaining are not the ones with boomer parents about to transfer a bunch of wealth to them. It's the people whose boomer parents don't have wealth to pass on for whatever reason. The assumption that everyone is going to inherit a bunch of money from boomers is myopic. Some will and some won't.  Wealth has become more concentrated so there are plenty of millennial who are not benefitting from what you think "everyone" is experiencing.

Stop being so myopic.

-- Fellow Gen Xer[/quote]

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