Some Things Are More Affordable for the Unluckiest Generation

Still, do millennials really count as the unluckiest generation since World War II? It’s true that wages haven’t grown this slowly in decades, and globalization and technology have held down wages for millions of young workers to an unprecedented extent.

But in some ways, millennials are also the luckiest.

Derek Thompson provides some bad news about the Y generation (average debt for graduates of public universities doubled in a decade; grownup stages like buying a home are being deferred) before offering a tiny bit of good news (young people are “living in an age of affordable abundance” — especially when it comes to entertainment where things like music, movies can be streamed at little cost.

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