Monday, October 3, 2011
50% of Today's Younger Adults have Zero Wealth
There are different programs available on 90.5 on the FM radio dial than there used to be. Sometimes when we listen to WBUR in Chicago's On Point we desire only to choke everybody equally, but today the NPR program was particularly on point.
Today's piece is the aptly titled A Lost Generation? [question mark]
Starring Andrew Sum, professor of economics and director of the Center for Labor Market Studies at Northeastern University, plus three other voices which taken together weren't half bad.
THOUGHTS: If we assume the kind of strong national stimulus targeted toward younger demographics that he suggests towards the very end will not happen -- and let's -- what happens next?