What kind of America will Gen Xers inherit?
Conventional wisdom holds that the U.S. is entering an era of sustained prosperity, but underlying this optimism is the baby-boom generation's ability to misperceive the world around them. Their faith in a “new era economy” ignores the real threats to prosperity that Generation X leaders will have...
| Published in: | American Enterprise Vol. 9; pp. 30 - 35 |
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| Main Authors: | , |
| Format: | Article |
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American Enterprise Institute for Public Policy Research
January/February 1998
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=507614174&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 507614174 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10473572 AEN jtl: American Enterprise issn: 10473572 maglogo: N pubinfo: dt: January/February 1998 vid: 9 pid: 1352 pub: American Enterprise Institute for Public Policy Research artinfo: ui: 507614174 ppf: 30 ppct: 5 formats: fmt: – @attributes: type: T – @attributes: type: C tig: atl: What kind of America will Gen Xers inherit? aug: au: Kotkin, Joel Friedman, David su: United States economy United States social conditions Generation X sug: subj: United States economy United States social conditions Generation X ab: Conventional wisdom holds that the U.S. is entering an era of sustained prosperity, but underlying this optimism is the baby-boom generation's ability to misperceive the world around them. Their faith in a “new era economy” ignores the real threats to prosperity that Generation X leaders will have to address. The real challenge for these leaders will be separating the hype from the reality. Details are provided of five boomer-generated myths for Generation X to watch out for: that the soaring stock market of the 1990s signals the dawn of broad and sustained prosperity; that the U.S. has an insurmountable technological lead that guarantees future prosperity; that after decades of decay, U.S. cities are enjoying a remarkable revival; that the U.S.'s social problems will be solved by prosperity; and that democratic capitalism has triumphed across the globe. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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