After the Cold War, America’s economy experienced an incredible upgrade, which brought back wealth into the country, positioning it as the richest country in the world. According to Gibney, baby boomers have completely wrecked the United States, and why is that? For starters, the millennial generation, for the past decades, has been struggling with the consequences of the baby boomer’s acts, starting with economy. Growing up as a baby boomer was much easier than growing up as a millennial; the cost of living has been rising up onto a point where not only people finish college with a student loan so big they cannot afford to pay (if they even attend college), but they don’t even get paid enough in their workplace to maintain an active life. Grant Sabatier, founder of the website Millennial Money, stated in his article “Are Millennials F*cked?” that “[millennial’s] average wages are 20% lower and [they] earn $10,000 less per year less than [their] parents”. Also, in Michael Hobbes’s article "Why millennials are facing the scariest financial future of any generation since the Great Depression”, it is expressed that “[millennials have] taken at least 300% more student debt than [their] parents”, data which was taken by The College Board, Trends in Student Aid 2013. This facts help add up to the authors’ conclusion. In this article, Illing and Gibney offer a subjective and hypercritical analysis on the “damaged” country that is America today. They strongly defend the millennial generation and it’s difficult to disagree with them when most of the facts that they state are certainly true. But where do the authors go wrong? For
After the Cold War, America’s economy experienced an incredible upgrade, which brought back wealth into the country, positioning it as the richest country in the world. According to Gibney, baby boomers have completely wrecked the United States, and why is that? For starters, the millennial generation, for the past decades, has been struggling with the consequences of the baby boomer’s acts, starting with economy. Growing up as a baby boomer was much easier than growing up as a millennial; the cost of living has been rising up onto a point where not only people finish college with a student loan so big they cannot afford to pay (if they even attend college), but they don’t even get paid enough in their workplace to maintain an active life. Grant Sabatier, founder of the website Millennial Money, stated in his article “Are Millennials F*cked?” that “[millennial’s] average wages are 20% lower and [they] earn $10,000 less per year less than [their] parents”. Also, in Michael Hobbes’s article "Why millennials are facing the scariest financial future of any generation since the Great Depression”, it is expressed that “[millennials have] taken at least 300% more student debt than [their] parents”, data which was taken by The College Board, Trends in Student Aid 2013. This facts help add up to the authors’ conclusion. In this article, Illing and Gibney offer a subjective and hypercritical analysis on the “damaged” country that is America today. They strongly defend the millennial generation and it’s difficult to disagree with them when most of the facts that they state are certainly true. But where do the authors go wrong? For