Economic conditions for the young

"'The conflict between the old and the young is severe,' Mr. Krueger noted."Folks are worried for themselves. They are…

Posted by Hans Clugston, PLLC on Tuesday, May 19, 2020
“‘The conflict between the old and the young is severe,’ Mr. Krueger noted.”
Folks are worried for themselves. They are also worried for kids and grandkids. A great deal of uncertainty confronts us. How to pay for the response to COVID, who should pay for the response, whose taxes will go up, whose services will go down. When will the economy come back. Can we continue to pay for education, for pensions, for health care, for roads, and for parks.
No clear solutions. More like one foot in front of another and keep an eye out for a way forward.
Those entering the job market in a downturn may never catch up in pay, opportunities or confidence.

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