Chartist May 2013

The Millennial Stimulus Plan

How young people will supercharge the recovery

Millennials got a bad rap during the recession. They have been working less, earning less, and, as I’ve pointed out in this magazine before, buying far fewer houses and cars than their parents did—or than the economy needs them to in order to move forward. But all of this is poised to change. In the near future, these same young people may be the very ones to supercharge the recovery. How? By growing up.


 

Do Millennials deserve the criticism they get? NowThis News presents a brief look at how earlier generations fared.

Read other items in the Chartist series here.

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Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

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