The next time your parents say some tone deaf comments about working hard, show them this article and remind them how they grew up at the peak of U.S. economic power for the lower and middle classes. Assuming they “earned it” and “we haven’t” is a serious attribution error. Millennials work a lot harder for a lot less.
How baby boomers got so rich, and why their kids are unlikely to catch up
Baby boomers hold more than $85 trillion in assets, making them the richest generation by far. New research explores the
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