It's never been more expensive to be 30 something. The old social contract used to be, work hard, study, get a degree, keep your beak clean and soon enough your income will rise and you will end up richer than your parents. That's no longer the case. The conveyor belt of upward social mobility has stalled. The Millennials are falling behind, while their parents are surging ahead. And what about the generation coming behind them? Inter-generational warfare is not pretty but if we don't do something about it, who can blame the young (and youngish) for not being loyal to a system that has been so disloyal to them?

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