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Boomer: At your age I paid off college & bought a house w/hard work
Millennials: At your age college was 3% of the median salary—Now its 20%. The median home was $17K—Now its $320K. The top marginal tax rate was 70%—Now its 37%. You worked hard—& closed the door behind you.
Millennials: At your age college was 3% of the median salary—Now its 20%. The median home was $17K—Now its $320K. The top marginal tax rate was 70%—Now its 37%. You worked hard—& closed the door behind you.
Think about this.
If tuition prices from 1970 increased the same rate as median salaries, then 4 year public college would cost $6600—for all four years combined.
If home prices from 1970 increased the same rate as median salaries, then median home prices would cost $85,000.
If tuition prices from 1970 increased the same rate as median salaries, then 4 year public college would cost $6600—for all four years combined.
If home prices from 1970 increased the same rate as median salaries, then median home prices would cost $85,000.
Millennials are 35% of the work force but only have 4.6% of wealth. At our age Boomers had 21% of America’s wealth.
We don’t want hand outs. We want equal access to economic justice. It isn’t radical or socialist to demand the same economic opportunities as our grandparents.
We don’t want hand outs. We want equal access to economic justice. It isn’t radical or socialist to demand the same economic opportunities as our grandparents.
