Monday, November 14, 2016

Urban Carmel — Demographics: The Boomers Have Already Been Overtaken by the Millennials


The chief driver of economics is population growth and demographics. 

Until recently, the Boomers have dominated the US economy, whose recent history is a record of their life passages. Now the Millennials are coming into their own as the largest generation.

"It's a new world."

Financial Sense
Demographics: The Boomers Have Already Been Overtaken by the Millennials
Urban Carmel

2 comments:

MRW said...

The problem is that they have been badly educated. The ones who know are afraid to speak up. I hear this from kids all the time. (16+) They say there are draconian taboos within their generation that prevent them from speaking their minds.

These kids have been taught to believe, not think. A bare percentage know civics. That was removed from their school curriculum in the 90s. They have no clue how government works.

II used to think they are the hope. Until a Millennial sat me down and explained why it would be THEIR children who will make the difference.

Cory Anderson said...

Why is economics called the "dismal" science?
steven rattner