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The Theft of a Decade - by Joseph C Sternberg (Hardcover)

The Theft of a Decade - by  Joseph C Sternberg (Hardcover) - image 1 of 1
The Theft of a Decade - by  Joseph C Sternberg (Hardcover) - image 1 of 1
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About this item

Specifications

Number of Pages: 288

Genre: Political Science

Format: Hardcover

Publisher: PublicAffairs

Book theme: Economic Policy

Author: Joseph C Sternberg

Language: English

Street Date: May 14, 2019
TCIN: 54318858
UPC: 9781541742369
Item Number (DPCI): 248-52-0535

Description

A Wall Street Journal columnist delivers a brilliant narrative of the mugging of the millennial generation-- how the Baby Boomers have stolen the millennials' future in order to ensure themselves a comfortable present

The Theft of a Decade is a contrarian, revelatory analysis of how one generation pulled the rug out from under another, and the myriad consequences that has set in store for all of us. The millennial generation was the unfortunate victim of several generations of economic theories that made life harder for them than it was for their grandparents.
Then came the crash of 2008, and the Boomer generation's reaction to it was brutal: politicians and policy makers made deliberate decisions that favored the interests of the Boomer generation over their heirs, the most egregious being over the use of monetary policy, fiscal policy and regulation. For the first time in recent history, policy makers gave up on investing for the future and instead mortgaged that future to pay for the ugly economic sins of the present.
This book describes a new economic crisis, a sinister tectonic shift that is stealing a generation's future.

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