Our generation’s expectations of our economic future resemble that of our parents, but our reality more closely resembles that of our grandparents. Every generation believes it will have it better and easier than the generation before it, and for as long as human history has been recorded that seems to be true. It’s entirely possible now, however, that that trajectory has come to an end. We get indignant when we get out of college and there are no jobs because we feel entitled to the same luxuries of our parents, when deep down we should know we’ll probably never have the wealth they managed to accumulate. Their lifestyle was propped up by a booming economy, often by superficial means that were never sustainable to begin with.
We’re bearing the burden of the baby boomers recklessness, but whining won’t help. Complaining about how unfair it is won’t help. Neither will pointing fingers at the trust fund kid whose super-wealthy parents covered his trip through an Ivy league education. That kid had it easy. Most of us don’t - and we’re probably better for it.
Facing reality will be a start, then we have to work hard and fight like hell. Grandpa and grandma did it, we can too.