This double squeeze has millennials with almost
stagnant incomes facing ever - increasing taxes to pay for aging boomers» care.
Not exact matches
In the ensuing meltdown, consumers
face piles of bills,
stagnant or falling
incomes, and shrinking nest eggs.
Faced with rising rents and
stagnant incomes, most are not saving enough.
Faced with
stagnant incomes and rising home prices, many millennials will be forced to delay homeownership, migrate to more affordable cities, or take on more debt.
Many families across the country are being
faced with rising college tuition rates and either
stagnant or falling family
income.
Indeed, families acted to maintain their standard of living in the
face of
stagnant and falling wages, earnings, and
incomes during the 1970s and 1980s by having fewer children and sending both parents into the workforce, a strategy that undoubtedly has increased the stress on low -
income two - parent families (Levy, 1988), and that contributed to the rise in out - of - wedlock births as a proportion of all births.