There are 80-plus million Americans today who were born roughly between 1978 and 2000, and they’re getting hit hard by economic circumstances created over the past 30 years. The Millennials are the first generation of Americans who cannot count on doing better than their parents. How have these realities affected their outlook? And how will that impact Barack Obama, whom they supported so enthusiastically in 2008? This week, Bill discusses how economic inequality destroys opportunity for the Millennial generation with Heather McGhee — a Millennial herself — who directs the Washington office of the research and advocacy group Demos.
Also on the show is Bruce Bartlett, a former domestic policy adviser for the Reagan White House and former top treasury official under the first President Bush. Now a heretic in the conservative circles where he once was a star, Bartlett argues that right-wing tax policies — pushed by the ideologue Grover Norquist, Tea Party activists, and the One Percent’s rented politicians — are destroying America’s economic foundation.
Briefly, we wanted to update you on where Truthout stands this month.
To be brutally honest, Truthout is behind on our fundraising goals for the year. There are a lot of reasons why. We’re dealing with broad trends in our industry, trends that have led publications like Vice, BuzzFeed, and National Geographic to make painful cuts. Everyone is feeling the squeeze of inflation. And despite its lasting importance, news readership is declining.
To ensure we stay out of the red by the end of the year, we have a long way to go. Our future is threatened.
We’ve stayed online over two decades thanks to the support of our readers. Because you believe in the power of our work, share our transformative stories, and give to keep us going strong, we know we can make it through this tough moment.
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