Re:Depression, anxiety rising among U.S. college students
by opportune on Monday September 02, 2019 @03:38AM
(#20857407)
I think this is a big part of it. If you compared material quality of life among similarly aged groups, you would definitely see a downward trend among young people.
In some ways I think this is due to our ongoing demographic shift. More and more of the US is getting old; old people typically have more assets than young people and need to rely on social security (which young people bear in taxes) and their investments to generate income. I think this is partly contributing to an asset bubble and definitely to the housing shortage (though there are other factors). I don't know if society has ever had a time where more households were not working but still drawing incomes.
In some ways I think this is due to our ongoing demographic shift. More and more of the US is getting old; old people typically have more assets than young people and need to rely on social security (which young people bear in taxes) and their investments to generate income. I think this is partly contributing to an asset bubble and definitely to the housing shortage (though there are other factors). I don't know if society has ever had a time where more households were not working but still drawing incomes.