Comment on The Typical Millennial Is $2,000 Poorer Than His Parents at This Age

The Typical Millennial Is $2,000 Poorer Than His Parents at This Age

The past is another country. In 1980, the typical young worker in Detroit or Flint, Michigan, earned more than his counterpart in San Francisco or San Jose. The states with the highest median income were Michigan, Wyoming, and Alaska. Nearly 80 percent of the Boomer generation, which at the time was between 18 and 35, was white, compared to 57 percent today.

 

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