‘Millennials earn 20% less than baby boomers did—despite being better educated’

Link to this report:

Millennials earn 20% less than baby boomers did—despite being better educated



I do not normally like to refer to CNBC. But, this is a report worth sharing. I keep in mind that nearly 50 percent of employed U.S. citizens are earning $30,000 or less per year. I also keep in mind nearly 80 percent of employed U.S. citizens are living paycheck to paycheck. Not enough of this is being kept in mind by those who take to elections like they take to team sports. (They should care—meaning, they should care enough to be demanding better from U.S. politicians and government.) This is reality. And this report says what a good amount of us already know: The millennials get screwed the most. Not surprising, as pointed out by political scientist and Brown University professor Mark Blyth, because the young do not routinely turn out their eligible vote as much as the old. And so the beat-down goes on.