I say it is hard to blame them

The engines of capitalism have tweaked up the game of consumerism must-haves at high prices. That being said I still don't understand $1200 smart phones, $288 cable and streaming bills. $28K vehicles I understand, and housing is beyond sanity with Private Equity jiggering rents and banks and builders selling sticks and stones for $400K above cost of labor and materials.

Wonder how things have changed in the last 8 years?

Millenials I don’t think. Not as a whole. Too many of them by far are still living on the edge — just getting by. That’s my sense.

Please don't start this crap again. Every generation has it's challenges. Take the young Zoomers, they've got trump, megats, tariffs, prices rising and the coming trump recession and a horrifically divided nation to look forward too. And talk about a bad job market and housing prices, they've got that worse than millennials.

the roots of capitalism’s failures starting with the youngest boomers. It’s been a steady downhill from there.

The reality is “capitalism” is not working anywhere near ss well for all as it did in the 50s, 60s and early to mid 79s. And generations since are shouldering most of the price.

Well worth the read.

It took a while to realize it was more than 7 years old because it all sounded so current.

Seven years on, about half of the Gen Z young people are in the workforce now and seeing things at least this bad if not worse. None of the things touted in this article has gotten better and pile on inflation, gig economy, covid, collapsing government support, AI, etc.

They will not have an easy time of it.

Their college aid was cut, they've had less health security and the tax code has be jiggered against them even worse than it was before they were born. I'm Gen X and a lot of this has been happening for my generation too. Some GenX hit the ground running and if they made the right investments in the late 80s, 1990s they have done decent, but those are just the fortunate top 20%. And the full cost of those short sighted policies is still setting in. over 1/4 of our national assets are locked into tax differed private equity. The wealthy and the GOP which is full of actual Nazi imports from Europe at the start of 1953 have sold us down the river.