America's generational warfare: Real or imagined?
The idea of generational conflict isn't new, but lately it seemed to take on an uglier tone as the economy continued to stall. Are the Millennials' woes a consequence of the Baby Boomers' success? Or is this all a red herring?
We wanted Chris Farrell, Marketplace Money economics editor, to join The Daily Circuit Wednesday to talk about generational warfare.
"Young college graduates aren't saddled with hefty student loan debts because of Social Security benefits," he said in an email. "It isn't the fault of 50-year-old workers that newly minted college graduates are struggling to land a job. The task of putting the federal government's finances in better shape doesn't require pitting the young against the aged. The stoking of generational resentment obscures a far more important narrative: The common fears and shared experiences uniting twenty-somethings and sixty-somethings when it comes to the economy and public policy.
Joel Kotkin, distinguished presidential fellow in urban futures at Chapman University and author of "The Next Hundred Million: America in 2050," will also join the discussion.
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KERRI'S TAKEAWAY
Our younger callers weren't mad at older generations, but they were really thinking about our country's inability to address the fiscal crisis and what that will mean for them in the future.
VIDEO: Generation Screwed
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