Millennial Slaying: The Rebuttal
November 30, 2018 5:51 AM Subscribe
Millennials are killing countless industries — but the Fed says it's mostly just because they're poor. The core argument is that due to the various recessions (including the Great One back in 2008), Millennials have had multiple rollbacks on their earning, and so they have less money; then they don't buy the same things, and keep them longer. When they have the money, though, they do buy similar things as to previous generations. If there's a greater economic recovery, it might result in the end to the Millennial Economic Murder Spree.