Generation Great Recession

Kate Zernike offers a good look at what today’s kids will learn from the “Great Recession.” Writing in 1951 about children of the Great Depression, Time magazine opined

“Youth’s ambitions have shrunk,” the magazine declared. “Few youngsters today want to mine diamonds in South Africa, ranch in Paraguay, climb Mount Everest, find a cure for cancer, sail around the world or build an industrial empire. Some would like to own a small, independent business, but most want a good job with a big firm, and with it, a kind of suburban idyll.” The young soldier “lacks flame,” students were “docile notetakers.” And the young writer’s flair “sometimes turns out to be nothing more than a byproduct of his neuroses.” (This even before Philip Roth, born 1933, had published a novel.)

“The best thing that can be said for American youth, in or out of uniform, is that it has learned that it must try to make the best of a bad and difficult job, whether that job is life, war, or both,” Time concluded. “The generation which has been called the oldest young generation in the world has achieved a certain maturity.”