> members of Generation X saw their wealth jump [...] as they hit their prime earning years during a record bull market for stocks.
...just like the Boomers.
And, in a couple decades, the same line, with different parts under the ellipsis, will be written about Millennials.
Because record (if you adopt the right measure) stock market booms happen frequently enough, and named age cohorts are broad enough, and them becoming more financially dominant as they hit their prime earning years certain enough, that you can pretty much guarantee the opportunity to apply this frame.
It's “news” the way “the sun rose in the East today”, and it's connection to whatever else is going on and which gets reported with it as if it were particularly relevant is nearly as tenuous as if those things were being attributed as relevant to the sunrise.
...just like the Boomers.
And, in a couple decades, the same line, with different parts under the ellipsis, will be written about Millennials.
Because record (if you adopt the right measure) stock market booms happen frequently enough, and named age cohorts are broad enough, and them becoming more financially dominant as they hit their prime earning years certain enough, that you can pretty much guarantee the opportunity to apply this frame.
It's “news” the way “the sun rose in the East today”, and it's connection to whatever else is going on and which gets reported with it as if it were particularly relevant is nearly as tenuous as if those things were being attributed as relevant to the sunrise.