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Add it all up and it’s no surprise that we’re the first generation in modern history to end up poorer than our parents..

“Some days I breathe and it feels like something is about to burst out of my chest,” says Jimmi Matsinger.

But generalizations about millennials, like those about any other arbitrarily defined group of 75 million people, fall apart under the slightest scrutiny.

Contrary to the cliché, the vast majority of millennials did not go to college, do not work as baristas and cannot lean on their parents for help.

Salaries have stagnated and entire sectors have cratered.

At the same time, the cost of every prerequisite of a secure existence—education, housing and health care—has inflated into the stratosphere.

My rent consumes nearly half my income, I haven’t had a steady job since Pluto was a planet and my savings are dwindling faster than the ice caps the baby boomers melted. More millennials live with their parents than with roommates.Earlier this year she had to borrow money to file for bankruptcy.I heard the same walls-closing-in anxiety from millennials around the country and across the income scale, from cashiers in Detroit to nurses in Seattle.Decision by decision, the economy has turned into a young people-screwing machine.And unless something changes, our calamity is going to become America’s.

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