Why Young Adults Are Poor Despite Flattering Economic Metrics

Young adults are poor despite every metric which suggests otherwise

I argue that Millennials and Zoomers are failing to achieve middle-class stability not because of personal failure, but because the social capital their parents enjoyed has been liquidated. While official statistics show rising incomes and cheaper electronics, the true cost of essentials like housing, education, and childcare has skyrocketed. Young people must now buy back, at retail prices, the community trust and public services that previous generations received for free, creating a hidden poverty masked by flawed economic measurements.

"The young must do so out of incomes that rose modestly while the prices of the essential elements of life rose radically."