Annie Lowrey: “The Millennials entered the workforce during the worst downturn since the Great Depression. Saddled with debt, unable to accumulate wealth, and stuck in low-benefit, dead-end jobs, they never gained the financial security that their parents, grandparents, or even older siblings enjoyed. They are now entering their peak earning years in the midst of an economic cataclysm more severe than the Great Recession, near guaranteeing that they will be the first generation in modern American history to end up poorer than their parents.”
As Rep. Alexandria Ocasio-Cortez (D-NY) told Politico this morning: “Millennials have been totally screwed. Millennials graduated and a recession hit just as we were starting our careers.