“Stagnant wages, diminishing job opportunities, and lost home values may be painting a vastly different future for Gen X and Gen Y,” reported the Urban Institute. “Today’s political discussions often focus on preserving the wealth and benefits of older Americans and the baby boomers. Often lost in this debate is attention to younger generations whose wealth losses, or lack of long-term gains, have been even greater … Despite their relative youth, [Gen X and Gen Y] may not be able to make up the lost ground.”
