Narrative Violation: Younger American Adults Are More Confident About the Economy Than Older Americans
The misery of America’s young adults has become an ingrained part of our cultural narrative. You are no doubt familiar with the typical factors that are supposedly making things much more bleak for younger Americans: home buying is unaffordable, new entrants have a harder time finding jobs, Social Security is doomed, and politics is irretrievably broken.
The trouble with this view is that it just is not true. Younger American adults are actually more positive about the economy and the direction of the country than older Americans.
This week’s report on consumer confidence from the Conference...
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