Millennials and Gen Z Were in Trouble Once Baby Boomers Decided Greed Was Good
About this episode
The episode discusses the economic challenges faced by Gen Z and millennials compared to baby boomers, highlighting significant disparities in purchasing power and wealth distribution.
James Keys and Tunde Ogunlana discuss the shocking statistics on how little spending power Gen Z has compared to what baby boomers had in their twenties, the reason American society was set up for baby boomers to succeed, and the way it has been reconfigured since the baby boomers in ways that made it harder for subsequent generations to get ahead. Gen Z has 86% less purchasing power than baby boomers did in their 20s (Fast Company) Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind (Fortune) Why College Graduates Feel Betrayed (NY Times)
People in this episode
Hosts: James Keys, Tunde Ogunlana
Topics covered
- generational wealth disparity
- economic challenges
- baby boomers
- Gen Z
- millennials
- purchasing power
Keywords
- Gen Z
- baby boomers
- purchasing power
- wealth disparity
- economic challenges
- millennials
- Fast Company
- Fortune
- NY Times
Mentioned in this episode
Organizations: Fast Company, Fortune, NY Times
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