Theft of a Decade
Subtitle: Baby Boomers, Millennials, and the Distortion of Our Economy
Publisher: PublicAffairs
Published: 2019
Language: eng
Number of pages: 288
ISBN-13: 9781541742369
Subjects: Generation y; United states, economic conditions, 1945-; United states, social conditions, 1945-
Description: The millennial generation was the unfortunate victim of several generations of economic theories that made life harder for them than it was for their grandparents. Then came the crash of 2008, and the Boomer generation's reaction to it was brutal: politicians and policy makers made deliberate decisions that favored the interests of the Boomer generation over their heirs, the most egregious being over the use of monetary policy, fiscal policy and regulation. Sternberg describes a new economic crisis, a sinister tectonic shift that is stealing a generation's future. -- adapted from jacket