The real challenge isn’t deciding which generation suffered more — it’s restoring the conditions that allow every generation to prosper.

Arecent Wall Street Journal article reignited a familiar generational feud between Millennials and Baby Boomers. Drawing on a report by AEI economist Scott Winship, the paper asked which generation had it better — and what unpacking that debate tells us about the health of our modern economy.

Predictably, Millennials and Boomers spun into a frenzy. Millennials cite soaring housing prices, student debt, and federal deficits as forces holding them back. Boomers counter by invoking 1970s stagflation, when skyrocketing inflation and sluggish growth robbed an entire generation of economic opportunity. Both make solid arguments. But in their fury to out-grieve one another, both sides miss the point.

The real question isn’t who had it worse. It’s how we can create the conditions for every generation to have it better.

The Good News Nobody Wants to Hear

The Bad News Everybody Hears

A Budget Mismatch

A Pointless Debate?

...read more at thedailyeconomy.org