The recession didn't gut the prospects of American young people. The Baby Boomers took care of that. 1
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Unsure why no one on here picked up on this article, took me a couple days to get to it, but it's one of the most forward, well-written articles I have read. And it paints a much more explanatory picture of the reasons behind the growing economic gaps in the US, as well as a number of other growing issues like the public debt and the failing education system.