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Average Net Worth: Old Versus Young Americans

    The average net worth of the baby boomer according to Esquire magazine has increased 42 percent since 1984. The youth are getting the shorter end of the stick as their net worth has decreased by 68 percent. Is this the beginning of an age war?

    This bleeding up of the national wealth is no accounting glitch, no anomalous negative bounce from the recent unemployment and mortgage crises, but rather the predictable outcome of thirty years of economic and social policy that has been rigged to serve the comfort and largesse of the old at the expense of the young.

    Tony M.