Young people are right to be angry, and they deserve seats at the table

In the U.S., one of the most striking ways this intergenerational inequity can be seen is in the share of wealth held by each generation. As Christopher Ingraham of the Washington Post calculated, by the time the median baby boomer was 35 in 1990, that generation held over a fifth of American wealth. Generation X, which hit a median age of 35 by 2008, had accumulated less than a tenth of U.S. wealth by that same age. Millennials, though not yet 35 on average, accounted for only 3% of U.S. wealth by 2018.