Generational Income Gaps (kids are screwed)

In: Culture Employment Source: FT

21 Mar 2012

The FT takes an insightful look at British household disposable income by generation – examining the long held belief that each generation is better off than the previous one. That notion has been true – until the most recent one. I think putting age on the x-axis was brilliant. Anyone want to generate this for the USA?

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3 Responses to Generational Income Gaps (kids are screwed)

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Blaque Mackintosh

March 22nd, 2012 at 4:42 pm

I think that the word “screwed” in the title of this post is, pardon the word pay, skewed. The conclusion of this chart is that those born between 1985-94 have a disposable income that is only as great as the generation that preceded them. Tied for first place is hard to see as “screwed.”

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Ryan

March 26th, 2012 at 11:24 am

This seems off to me. I’m 33 and my mom is 60 and we supposedly have the same disposable income?! Both my parents have way more money that I do and most of my friends are similar. In fact, scraping-bye while your baby-boomer parents get another raise and a new car seems to be the norm for my generation.
I’m guessing there is some factor such as student loan debt in the Americas that’s perhaps not reflected here?

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RJB

January 5th, 2013 at 11:39 pm

Inflation.

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