How boomers stole millennials economic future: A conversation with Joseph C. Sternberg

Published: May 21, 2019, 11:54 p.m.

Why are millennials so liberal? How much did the Great Recession hurt millennials specifically? And do we really spend all our money on Chipotle and avocado toast? The Wall Street Journal’s Joseph C. Sternberg, author of the new book, “The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future,” joined us to discuss these questions and more.
\nWe also cover Senator Elizabeth Warren’s proposal to forgive student debt, why boomers can be blamed for the exorbitant cost of housing, and whether millennials will follow Churchill’s aphorism and evolve into conservatives by the time they reach their forties.
\nJoseph Sternberg is a member of the editorial board of The Wall Street Journal, where he writes the Political Economics column. He joined The Wall Street Journal in 2006 as an editorial writer in Hong Kong, where he edited the Business Asia column. He also has been a writer and editor at The New York Sun and The Public Interest.
\nYou can subscribe to Banter on iTunesStitcher, or the podcast player of your choice, and archived episodes can be found at www.aei.org/feature/banter. This is Banter episode #364.
\nRelated links:
\nThe book: “The Theft of a Decade: How the Baby Boomers Stole the Millennials’ Economic Future”
\nAEI Event: The theft of a decade
\nBook excerpt: Boomer bequest is millennial misery