Young People “Stretched Thin”

pdelatorre — Mon, 28 Apr 2008 13:05:39 EDT

Nope, I don’t mean medieval torture, but I do mean something almost as bad: moving back in with your parents.

The LA Times ran a pretty good article about the economic situation of young people, especially as it relates to the current recession.

The gist - young people are facing some tough economic times as they enter the job market, forcing many to move in or borrow money from their folks, as well as cut back on the lifestyle they are used to. Along with the steady trend towards higher student and credit card debt, the bursting economic bubbles have meant that young people are now more concerned with economic issues than, for example, ending the war in Iraq (although, of course, they are related issues - money spent on the war could help alleviate the crisis at home).

Posts with the tag young people

Young People “Stretched Thin”