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Millennials aren’t behind, they’re just creating a new normal


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The tale of the financially burdened millennial is well known. Too bad it’s wrong.

It’s just not entirely accurate to add up all the generation’s economic woes — two recessions before the age of 40, a dismal job market for the oldest and layoffs and paycuts for the youngest, and a decade-long affordability crisis — and conclude that millennials have been left behind. Many journalists, this reporter included, have drawn that conclusion.

But after all, once a trend continues long enough, it stops being a temporary interruption and becomes a new normal.

Psychologist details ⇒

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