Sunday, July 12, 2026

I guess they never heard that Billy Joel song...

 The data comes from the Fed’s Report on the Economic Well-Being of U.S. Households, which found that 49% of adults ages 18 to 29 live with their parents, and another 47% of adults in that same age group received help from someone outside their household to pay an expense - money toward a cell phone bill, general living expenses, or housing costs.  There’s a lot of adult children getting financial support from their parents.
The financial-support trend isn’t confined to the youngest adults. There is a separate figure in the same survey: 26% of adults ages 30 to 44 also reported receiving financial help from outside their household.







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5 comments:

  1. Henk VandenberghJuly 12, 2026 at 12:35 PM

    There's only one solution for this problem: give them government provided housing, forgive their college debt, and put them on welfare.

    ReplyDelete
  2. AnonymousJuly 12, 2026 at 1:10 PM

    Inflation has destroyed our buying power and wages haven't kept pace while big corporations earn record profits. It's a sin what big guv has done.

    ReplyDelete
  3. AnonymousJuly 12, 2026 at 7:04 PM

    In the context of this NEVER forget that Trump refused to sign a housing bill aimed at lowering home prices.

    ReplyDelete
  4. MarkDJuly 12, 2026 at 7:59 PM

    Let's see, I could waste it all on myself (travel, hot cars and other boy toys come to mind), give it to charity (but I already said waste it and the government does that for me), give it to the government (I repeat myself yet again), or help my kids and grand kids who I at least know and could use a hand now and then.

    ReplyDelete
  5. Master DiverJuly 13, 2026 at 6:43 AM

    This comes from piling up enormous debt to earn a worthless degree, while neglecting manual skills and belittling "blue collar" tradesmen as stupid and low-class.

    ReplyDelete

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