[medium_burrito]

Strong agreement here. For the net-contributor class, it's absolutely brutal.

1) Incomes are lower than they used to be in the US and Europe than they used to be. Lots of talk about Europe's social saftey net, but less about the lack of well paying jobs (especially compared to the US).

2) Instability of work- our generation does not expect to have one job their whole life. We face being laid off without warning even from very well paying jobs. Unless you are financially independent, this makes it scary to plan for the future.

3) Living far away from parents + family that provide free childcare.

4) Several massive recessions that have severely damaged the professional prospects of the younger generations, to the point where they have significantly less wealth than previous generations did at the same age.