The sin of wages

Posted at 4:01 PM on July 16, 2009 by Bob Collins (2 Comments)
Filed under: Economy

The recession is getting so deep, younger adults are cutting back on bar hopping. Booze and cigarettes are the items people 18-29 say they're giving up in deference to the economy.

A third of those surveyed by Pew say they've changed to a cheaper cellphone plan. One in five say they've moved in with a friend. The thing you can do when you're young!

The generation also is more hopeful than old-timers...

... which leads to the obvious question: Do the younger people know something the old timers don't? Or do the old-timers know something the younger people don't?

---

Comments (2)

I could have saved Pew the effort. I am the father of three in this age group. They worry a lot less their future than I worry about their future. This is probably as it has always been between for parents. Only time will tell if I worry too much or they, not enough. Of course I think I have it right.

Posted by John P. | July 16, 2009 5:05 PM

---

Boy, I'm right there with you, John. I worry about one son keeping a job; I worry about the other one getting one when he gets out of school late this year.

Of course, truth be told, I worried as much about 'em when the economy was great.

Posted by Bob Collins | July 16, 2009 5:20 PM

---

• E-mail this page
• Print this page
• Tweet this page
• Share this

Services

• Hourly Newscast
• HD Radio
• iPhone App / Mobile
• E-mail newsletters
• RSS feeds
• Podcasts
• Submit your photos
• Videos
• Weather
• Most e-mailed stories