New comment by epistasis in "New U.S. college grads now have higher unemployment than the average worker" (opens in new tab) 🏘️Housing Development Content type: Discussion
The story here isn't college grads as much as young people in general. We are eating our young.We stopped building new housing, which turns housing into a transfer of wealth from those who don't have it (the young) to those who have been holding it (the not young).We have eliminated entry level positions, saddled college graduates with massive amounts of debt by defunding universities, and created great security for older people by taking away opportunity for younger people.
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