Skip to main content

The Taking of Millennial Wealth By Rich White Boomers

Ten years after the recession, most Americans, including Baby Boomers, are still struggling with finances. The Wall Street Journal, cheerleader for capitalist-driven recoveries, noted that Millennials, Gen-Xers, and Boomers are all still poorer than in 2007. But the incredible prosperity of about 10% of the Boomers is beyond dispute, as the numbers below will show. Most of those lucky people are older whitemales.  Read more.

Comments

Popular posts from this blog

Comcast and NBC's Real Diversity Issues

The Huffington Post - At last month's house hearing on the proposed Comcast-NBC takeover, execs from both companies shamefully acknowledged their diversity problems. Comcast CEO Brian Roberts sheepishly divulged that his company's board of directors includes only one woman and one person of color, and NBC's Jeff Zucker confessed that the network has no Black programming. Read more.

The Makings of a More Human Economy

There's a point in every struggle when momentum shifts behind you. Optimism becomes ambition.
I recall those moments in our resistance to overcome our dictator in Uganda. I felt a perseverant optimism, as a young refugee, that got me through customs at Heathrow Airport. In Beijing in 1995, I saw hope surge globally for women's rights.  Read more.