Millennials—those born between 1980 and the end of 1994—regularly take a beating in the media. They’re accused of being lazy, self-absorbed, politically apathetic narcissists, who aren’t able to function without a smartphone and who live in a state of perpetual adolescence, incapable of commitment.
The members of Generation Y also hold a much more favorable view of socialism than any other generation (according to this YouGov [pdf] poll).*
What’s going on?
According to a new study by the Guardian, it’s clear that economically Millennials are falling further and further behind previous generations.