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Theft of a Decade : How the Baby Boomers Stole the Millennials' Economic Future by Joseph C. Sternberg (2019, Hardcover)

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Product Identifiers

PublisherPublic Affairs
ISBN-101541742362
ISBN-139781541742369
eBay Product ID (ePID)21038377342

Product Key Features

Book TitleTheft of a Decade : How the Baby Boomers Stole the Millennials' Economic Future
Number of Pages288 Pages
LanguageEnglish
Publication Year2019
TopicSocial Classes & Economic Disparity, Sociology / General, Economic Conditions, Public Policy / Economic Policy
GenrePolitical Science, Social Science, Business & Economics
AuthorJoseph C. Sternberg
FormatHardcover

Dimensions

Item Height1.2 in
Item Weight17 Oz
Item Length9.6 in
Item Width6.4 in

Additional Product Features

Intended AudienceTrade
LCCN2018-053192
TitleLeadingThe
Dewey Edition23
Dewey Decimal305.2
SynopsisThe Theft of a Decade is a contrarian, revelatory analysis of how one generation pulled the rug out from under another, and the myriad consequences that has set in store for all of us. The millennial generation was the unfortunate victim of several generations of economic theories that made life harder for them than it was for their grandparents. Then came the crash of 2008, and the Boomer generation's reaction to it was brutal: politicians and policy makers made deliberate decisions that favored the interests of the Boomer generation over their heirs, the most egregious being over the use of monetary policy, fiscal policy and regulation. For the first time in recent history, policy makers gave up on investing for the future and instead mortgaged that future to pay for the ugly economic sins of the present. This book describes a new economic crisis, a sinister tectonic shift that is stealing a generation's future., A Wall Street Journal columnist delivers a brilliant narrative of the mugging of the millennial generation-- how the Baby Boomers have stolen the millennials' future in order to ensure themselves a comfortable present The Theft of a Decade is a contrarian, revelatory analysis of how one generation pulled the rug out from under another, and the myriad consequences that has set in store for all of us. The millennial generation was the unfortunate victim of several generations of economic theories that made life harder for them than it was for their grandparents. Then came the crash of 2008, and the Boomer generation's reaction to it was brutal: politicians and policy makers made deliberate decisions that favored the interests of the Boomer generation over their heirs, the most egregious being over the use of monetary policy, fiscal policy and regulation. For the first time in recent history, policy makers gave up on investing for the future and instead mortgaged that future to pay for the ugly economic sins of the present. This book describes a new economic crisis, a sinister tectonic shift that is stealing a generation's future., Rather than leaving the economy in better shape for their children than they found it themselves, Boomers made it worse; The Boomers wouldn't be where they are today if it weren't for homeownership. That's why it's a pretty big problem that Millennials can't buy houses; The greatest fiscal theft of all that the Boomers have perpetrated over the past decade is to rob their Millennial children of fiscal choice; Millennials find ourselves left with no good options; It increasingly pays to be old; Yes, it's all the Boomers' fault. Book jacket.
LC Classification NumberHQ796.S82684 2019