Old journalists are constantly complaining about millennials. They have no motivation, they're coddled, they won't leave home, and on and on. But what's really happening here? Over at Demos, Matt Bruenig has taken a careful look at young America's balance sheet (for families below age 35) revealed in the 2013 Survey of Consumer Finances. He found two major results: first, that average net worth is down sharply from its 2007 peak, and has barely begun to recover:
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