Once upon a time, achieving the American dream required a bit of consumerism, like owning a home and an automobile. Today, however, an increasing number of youth, confronted as they are with deep economic uncertainty, have stepped back from chasing the seductive illusion.
In what has become something of an American rite of passage, millions of young people each year leave the family nest and head off for university, which is typically followed by starting a career and family of their own. Yet the decades-old tradition has suffered a setback of late as many graduates are scampering back home once they get a taste of the harsh economic realities beyond the sheltered college campus, like affording their own home or apartment.
Not since the aftermath of the Great Depression has the US witnessed anything like it: 45% of all Americans ages 18 to 29 – about 23 million young men and women – are still living with their parents, according to a survey conducted by Harris Polls on behalf of Bloomberg News.
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Damn kids should just cowboy the fuck up, buy a tent, and camp down by the river until they can afford that $750k 3/1 900 SqFt home from 1967 in a bad neighborhood.....What's wrong with them? 
Blah, the decision to de-industrialize America was made just as the Boomers were getting going good. The lucky ones beat the clock, made bank, saved, and got their kids out of the house and on their own before the bottom fell out in the "W" and Halfrican years.....It's been downhill ever since.
When our money and industrial might started going overseas with NAFTA that was the death knell of the American Dream.
Then add to that endless war and so-called free trade drained much of our remaining wealth to where we stand today......Trillions upon trillions in debt with no respite in sight.
In what has become something of an American rite of passage, millions of young people each year leave the family nest and head off for university, which is typically followed by starting a career and family of their own. Yet the decades-old tradition has suffered a setback of late as many graduates are scampering back home once they get a taste of the harsh economic realities beyond the sheltered college campus, like affording their own home or apartment.
Not since the aftermath of the Great Depression has the US witnessed anything like it: 45% of all Americans ages 18 to 29 – about 23 million young men and women – are still living with their parents, according to a survey conducted by Harris Polls on behalf of Bloomberg News.
How living in your mom’s basement has replaced the American dream
US college graduates cannot afford the glorious consumerism that has come to defy the nation
Blah, the decision to de-industrialize America was made just as the Boomers were getting going good. The lucky ones beat the clock, made bank, saved, and got their kids out of the house and on their own before the bottom fell out in the "W" and Halfrican years.....It's been downhill ever since.
When our money and industrial might started going overseas with NAFTA that was the death knell of the American Dream.
Then add to that endless war and so-called free trade drained much of our remaining wealth to where we stand today......Trillions upon trillions in debt with no respite in sight.
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