The Daily Chart: Is 30 the New 20?

Never mind whether 70 is the new 60. (For the record, I’ve already refuted the savants who said 60 is the new 50; they all lied.) There’s a flood of articles about how the current young generation—especially young men—aren’t growing up to responsible adulthood. The Wall Street Journal says “economists are warning that what seemed like a lag may in fact be a permanent state of arrested development. . . a mix of social and economic factors holds back an entire generation.”

I’ll reserve judgment about the underlying causes (lenient parenting, smart phones and social media, dumbed down education, etc). But the data bear out the phenomenon:

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