Why Baby Boomers Are Not to Blame for Millennials’ Financial Struggles

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millennial pay

There are valid grounds for millennials to believe that the economic ladder was pulled higher just as they were about to reach it, since home prices are extremely high in relation to income, college costs rose faster than inflation over many decades, and a large number of them entered the labour market either during or after the Great Recession.

Yet a gap exists between stating that the millennials experienced a more severe financial environment and attributing it to the Baby Boomers having caused it.

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