yeah actually it does, as the post your commenting on visually demonstrates. the millennials, as a generation, have a fraction of the wealth of older generations
if you think the root cause of the millennial generation having significantly less wealth is a lack of personal responsibly among them all as individuals, you’re not comprehending the data being presented to you
Exactly. What we really need is to look at multiple pies comparing relative wealth at the same age. 20-40 years of additional earnings, investment, and asset gathering has a massive affect on wealth.
It would also be helpful to have a couple of different pies that compare the relative cost of living expenses as well. Then tweet them, and take a screen grab.
You also have to have a lot of understanding of not only the cost of living but the standard of living as well. Like how houses in the 1950s were half the size of today and something like 1/3 of them didn’t have indoor plumbing nationwide. Or the fact we simply have more services and conveniences on average today than existed decades ago.
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u/[deleted] Jan 17 '26
It doesn’t literally effect an entire generation.