Originally posted on Quartz:
Americans love to wax histrionic about young people, and it would be cruel for me to deprive them of a beloved national past-time hours before Independence Day weekend. So if you’re gonna get gloomy about Millennials, here’s how to do so responsibly.
Stop talking about basements. Start talking about money.
In the last decade, the face of twentysomething Americans has been righteously slapped by the recession, according to Harvard’s Joint Center for Housing Studies. The number of young adults making less than $25,000 has increased by six million; the number of young adults making more than $25,000 has declined by almost two million.
It’s not like there’s one economy for young people and another sparkling economy for everybody else. There’s…
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