April 25, 2024

RIP The American Dream

Diane Kimura

For the first time in our history, a 30-year-olds aren’t doing as well as his or her parents were at 30. That is the social compact breaking down.

People aged 30-34, 60% of them in 1990 had one child. Now it's 27%. People are opting out of America, they're not optimistic about it, they're not having kids.

Young people aren't having sex. They're not meeting, they're not mating. The pool of emotionally and economically viable men shrinks every day. Which lessens household formation.

The country young people are inheriting is NOT the same country the previous generations were given by their forefathers who built up America. America now is a different place than it was 40 years ago.

Millennials and Gen Z look up, they see wealth, exceptional wealth, across my generation and people in certain industries, and they are really struggling. Their purchasing power is really going down.

The value of college degrees is devalued with too many people are going to college, not too few.

Housing permits are sequestered from young people, housing prices have gone from 290 to 420 in the last 4 years.

Posted by: Timothy Birdnow at 07:39 AM | No Comments | Add Comment
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