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customerserviceguy

(25,406 posts)
1. Seems that the years for the non-millenials have been cherry-picked
Wed Feb 12, 2014, 08:23 AM
Feb 2014

By 1965, the recession of the early 60's was over with, and we were beginning a very active time for the economy, when inflation really took off, things were so good. 1979 was the best year of the Seventies, just before we lapsed into the recession that foisted Reagan on the country. In 1986, that recession was starting to recede, and we had a few more good years before the recession that brought Bill Clinton to the Presidency. By 1995, Clinton's economic policies had put the nation on the path back to prosperity, which lasted until the dot-com bust.

Each of the groups mentioned had at least a couple of recessions to deal with subsequent to those hand-picked good years, and it's tough to be in those older generations during the Great Recession if you lost your job. I'm not saying millennials have it easy, but it's not been a cakewalk for most Americans over the last fifty years.

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