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Interesting Generational Commentary RE: Gen X and Gen Y

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The Stunning Fall Of Generation X
For the most part, generations in America have followed a similar storyline: kids grow up to earn more and become more financially secure than their parents and grandparents before them. But that story ended with those born between the mid-60s and early 80s, known as Generation X. In just about every regard, Gen X has fallen behind financially. Even before the recession, they were earning less and saving less for retirement than previous generations did at their age while taking on unprecedented debt. They were hit hardest by the recession, losing half of their wealth from 2007 to 2010.
http://www.businessinsider.com/gener...ts-2013-5?op=1

The Go-Nowhere Generation
At a time when young Americans have never been more connected, they sure have gotten used to staying put. The chance that 20-somethings would pack up and move to another state has fallen by more than 40% since the 1980s, according to U.S. Census data. At the same time, young people are increasingly choosing to move back home with their parents and, in some cases, never leave in the first place. "Sometime in the past 30 years, someone has hit the brakes and Americans — particularly young Americans — have become risk-averse and sedentary ," Todd G. Buchholz, author of “Rush: Why You Need and Love the Rat Race," wrote in a controversial NY Times piece. " Today’s generation is literally going nowhere. This is the Occupy movement we should really be worried about."
http://finance.yahoo.com/news/nowher...174826314.html

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