Wednesday, February 27, 2019

The Myth of Millennial Socialism

From American Greatness:
Perhaps the seeds of Millennial angst germinated during the 2007 financial crisis that plunged the world into wanton chaos, and foreclosed millions of American Dreams—most of them still unrecovered. Like the cognitive imprint the Great Depression left upon the Greatest Generation, the Great Crash tattooed an indelible mark upon Millennials.

The fallout lingers. We are less well-off than other generations at the same age. We earn less, have fewer assets, more debt, and less wealth. Barely half of Millennials earn what our parents did at 30. Which is why so many of my generation gravitate toward Bernie Sanders. And struggle to sympathize with shopworn “conservative” defenses of broken markets, monopolies, and the cowboy capitalism schlocked as laudanum for our pains. Bernie’s prescription may lack. And, yeah, he dances with commies, but his diagnosis fits—offering a critique extending beyond that of the think-tank chant of: “That’s the market.” (Read more.)

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