And the danger is particularly severe for young people. Once you pay off the mortgage, your house is either an asset to sell or a cheap place to live in retirement. In the s alone, a quarter of the companies in the Fortune were restructured. When he finally got a job, his co-workers found out that he washed himself in gas station bathrooms and made him so miserable he quit. He still wants to go to college. Altonji, Lisa B.
Jaelyn. i want to be the friend you will remember for ever. the one you take into your arms and into your bed and into the private world you keep trapped in your head. i want to be that kind of friend. the one who will memorize the things you say as well as the shape of your lips when you say them. i want to know every curve, every freckle, every shiver of your body.
Their entire political agenda, from the Scrooge McDuck tax reform bill to the ongoing assassination attempt on Obamacare, is explicitly designed to turbocharge the forces that are causing this misery.
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Between andthe average time that investors held stocks before flipping them went from eight years to around four months. In what seems like some kind of perverse joke, nearly every form of welfare now available to young people is attached to traditional employment. Glossary for Grandpa. They can move to a city where there are good jobs but insane rents. And the opportunities leading to a middle-class life—the ones that boomers lucked into—are being lifted out of our reach. Attach benefits to work instead of jobs. Why millennials are facing the scariest financial future of any generation since the Great Depression.