‘I cannot afford to live’: Gen Z is full of financial angst despite inheriting a golden job market
‘I cannot afford to live’: Gen Z is full of financial angst despite inheriting a golden job market
Gen Z is coming into the workforce and — in the grand tradition of what Millennials cringe-ily called “adulting” — they’re complaining about how much easier older generations have had it financially.
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Tldr:
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Author doesn't understand "the economy" is just about corporate profits
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Wages are (slightly) up, but not enough to afford food and housing.
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Author looks at mean instead of median retirement savings and say everything is great.
If you're wondering why she has such bad takes, she's a self described "crypto reporter" who was trying to convince us inflation was a good thing a while ago.
https://www.cnn.com/2021/12/01/economy/inflation-good-bad-winners-losers/index.html
She's completely detached from reality
Her name is Allison Morrow if anyone is curious but doesn’t want to give her clicks
I appreciate the summary and the warning about the reporter. I had a feeling, but confirmation helps. 👍
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