Five Reasons Why iPod Generation Is Better Off
Jan. 30 (Bloomberg) — Today’s young people appear to be locked in a kind of generational gloom.
The New York-based research group Demos recently published a book called “Strapped: Why America’s 20- and 30-Somethings Can’t Get Ahead.'’ And last year, London-based think tank Reform published a paper on the iPod generation — iPod in this case standing for “Insecure, Pressured, Overtaxed and Debt-ridden.'’
If any tune is likely to come up first on their iPod playlist, it would be The Smiths’ downbeat classic “Heaven Knows I’m Miserable Now.'’
It is true that, in some respects, life is tougher for the current generation of under-30s than it was for the postwar baby boomers when they were that age.
“Most people just assume that young people are better off than ever with their iPods and cheap air travel and so on, but once you start to dig underneath that there are the first signs of real problems to come,'’ Blair Gibbs, one of the authors of Reform’s report, said in a telephone interview.