To understand why 30-somethings feel like they're struggling financially, the ABC analysed five factors — housing, healthcare, debt, tax, and income. The data reveals this generation is caught in an economic perfect storm.

I’m sure this whole article comes as a shock to nobody, but it’s nice to see it recognised like this.

  • Spendrill@lemm.ee
    146·
    8 months ago

    Here’s my improved version:

    An analysis of policy, formed by corporate interests and pushed upon the public in the 1980s, shows how it deprived the current crop of young adults of social housing, under-invested in public healthcare, enabled predatory lending practices, distorted the tax system so that a disproportionate amount fell upon the lowest three deciles of tax payers and hobbled unions while outsourcing manufacturing to the developing world causing earnings to plummet.