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Tuesday, November 8, 2011

Pew Report on Young-Old Wealth Gap is Misleading and Divisive; Could Fuel Intergenerational Class War | | AlterNet

Pew Report on Young-Old Wealth Gap is Misleading and Divisive; Could Fuel Intergenerational Class War | | AlterNet

A new study purporting to show that older households are doing much better than younger ones in terms of wealth and income threatens to spark an intergenerational class war, pitting Americans of different ages – people who have all been devastated by the crash caused by Wall Street's recklessness -- against one another. But there are serious flaws in how the research is being interpreted.


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