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Alex Henderson – 10 Economic Woes Generation X Faces

You hear a lot about millennials being in a tight spot financially, but less about the generation sandwiched between them and the baby boomers: Generation X. The oldest Gen-Xers were born in the mid-1960s and are now in their early 50s; many other Xers are well into their 40s, and they’ve suffered the brunt of several economic downturns. Gen-X, which …

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Richard Eskow – What’s Killing the American Middle Class?

A new study by the Pew Research Center spurred a rash of headlines last week about “the dying middle class.” But the word “dying” might be more appropriate if we were watching the regrettable but inevitable effects of natural forces at work. We’re not. We’re seeing the fruits of deliberate action – and sometimes of deliberate inaction – at the …

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Revealed: the 30-year economic betrayal dragging down Generation Y’s income

The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world. A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people across the developed world, …

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‘Richest Generation’? Baby Boomers Face Deep Inequalities

It’s a familiar trope in U.S. society that baby boomers are the “richest generation.” But a report released online Thursday by the Population Reference Bureau shows that wealth is unequally distributed among this demographic, with people born between 1946 and 1964 facing pronounced disparities along race and gender lines. For people 65 and older, the poverty rate has decreased dramatically …

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John W. Whitehead – Playing The Government’s Game: When It Comes To Violence, We All Lose

“When it gets down to having to use violence, then you are playing the system’s game. The establishment will irritate you – pull your beard, flick your face – to make you fight. Because once they’ve got you violent, then they know how to handle you. The only thing they don’t know how to handle is non-violence and humor.”—John Lennon …

Wall Street Frets about its Nightmare Generation by Wolf Richter

Turns out, to the greatest consternation of some folks on Wall Street, millennials are smart. “They don’t trust the stock market,” Goldman Sachs determined in a survey. Only 18% thought that the stock market was “the best way to save for the future.” It’s a big deal for Wall Street because millennials, having surpassed the baby boomers, are now the largest US …

10 Pluses and Minuses of Being an Aging Baby Boomer By Will Durst

Population scientists describe the Baby Boom generation as anybody born between the years 1946 and 1964. Which means the youngest of the Baby Boomers turned 50 last year, and the oldest will turn 70 next year, which is just so wrong. We Boomers are the architects of the youth culture. We invented young people for crum’s sakes. We’re the Pepsi …

Why More and More Women Are Embracing Non-Belief – Amanda Marcotte

Atheists were abuzz this week over Pew Research releasing new numbers [3] showing that the number of “nones” (people who have no religion at all) in the U.S. is soaring to record levels, making up a whopping 56 million Americans. In just the past seven years, the percentage of Americans who say they have no specific religious affiliation went from 16 percent to …

If We’re Going to Defend Social Security We Need to Understand It

The Republican-dominated Congress, with the help of a cadre of sell-out conservative Democrats in both chambers, are gearing up to attack Social Security again, under the guise of “saving” the program. The attack will be brutal, because the program’s assassins understand that this is probably their last chance to undermine Social Security. With the Baby Boom generation born after 1946 …