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Author:
Klein, Philip, 1978- author.
Title:
Fear your future: how the deck is stacked against millennials and why socialism would make it worse / Philip Klein.
Publisher:
Templeton Press,
Copyright Date:
2019
Description:
184 pages : color illustrations, color charts ; 18 cm
Subject:
United States--Economic conditions.
Budget deficits--United States.
Generation Y--United States--Economic conditions.
Young adults--United States--Economic conditions--21st century.
Other Authors:
Harsanyi, David, contributor. Millennials: America's luckiest generation.
Ponnuru, Ramesh, contributor. Fear less.
Notes:
Includes bibliographical references (pages [163]-181)
Contents:
Part 1. Fear the future. Unprecedented burden -- The generational wealth gap -- The ghost of millennials' future -- The anti-youth lobby -- The socialism trap -- Part 2. Dissenting points of view. Millennials: America's luckiest generation by David Harsanyi -- Fear less by Ramesh Ponnuru -- A response to David Harsanyi and Ramesh Ponnuru.
Summary:
"It's become fashionable to demean millennials as the "snowflake" generation. Raised during the peace and prosperity of the '90s, they're often perceived as carrying an entitlement mentality and of being incapable of handling adversity. But Philip Klein sees them differently. Given the economic headwinds they faced at the start of their working lives, millennials have shown commendable fortitude. And as Klein argues, they will need to maintain this character strength going forward because further challenges loom in their future. The aftershocks of the Great Recession, the skyrocketing cost of living, and the titanic weight of student loan debt have made the American Dream seem to be forever retreating toward the horizon. As if that weren't enough, millennials will face the largest federal debt in history as boomers retire and extract trillions of dollars from Social Security and Medicare--far more than they contributed. Now politicians clamoring for the millennial vote in 2020 are making overtures toward socialism, and millennials are responding positively--understandably so, considering how the economic cards are stacked against them. But, as Philip Klein shows, the reality is that such policies would only make their burden infinitely heavier. In this concise, data-driven book, Klein begins the work of brightening the future for millennials by analyzing the problem compassionately yet objectively. There are real reasons to worry about what lies ahead if nothing changes. But the facts laid out in Klein's book can steer the conversation to realistic solutions"-- Amazon.com.
ISBN:
1599475731
9781599475738
OCLC:
(OCoLC)1102468291
LCCN:
2019949014
Locations:
USUX851 -- Iowa State University - Parks Library (Ames)

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