Millennials—people born between 1981 and 1996 — have surpassed the Baby Boomers as the largest generation group in the U.S. Now, the oldest Millennials are reaching their forties and feel they don’t have the financial and emotional standing their parents did and have instead been left behind. Those who agree say Millennials are America’s most educated — but broke — generation and pay more for basic items, leading them unable to afford to buy a home or have children. Those who disagree say that not buying a house or having kids are their choices, not based on economic hardship; and really, they will soon be doing well financially because they strive for higher education and better jobs and they are close to reaching their peak earning years, which will help them earn more than the generations before them.
With this context, we ask the question: Will Millennials be Left Behind?
This debate will take place in front of a live audience, at the Comedy Cellar’s The Village Underground (130 W 3rd St), on June 7, 2023. Purchase tickets here.
Jonas Shaende is an American economist who grew up in the Soviet Union. As an academic, his scholarship has focused on international economic relations and monetary systems. This includes teaching advanced economics, globalization, and international trade courses at the John Jay College of Criminal Justice and CUNY and SUNY colleges in New York. Shaende is a frequent economic commentator, particularly on Russian-language media. He has held senior appointments in the New York government and currently serves as chief economist of the Fiscal Policy Institute.
At the time Vladimir Putin invaded Ukraine, Russia supplied the European Union with some 40% of its natural gas, 25% of its oil, and nearly half of its coal. But as punishment for the war, most of Russia’s energy imports to Europe will be banned by the end of the year, along with sweeping sanctions that target banks, businesses, and oligarchs. Is that smart policy? Those who argue “yes” say Russia must be punished for its actions, democratic governments should…
At the time Vladimir Putin invaded Ukraine, Russia supplied the European Union with some 40% of its natural gas, 25% of its oil, and nearly half of its coal. But as punishment for the war,…