"As baby boomers retire, higher federal spending on Social Security, Medicare and Medicaid may boost Millennials' taxes and squeeze other government programs. It will be harder to start and raise families. Millennials could become the chump generation. They could suffer for their elders' economic sins, particularly the failure to confront the predictable costs of baby boomers' retirement."
Source: Samuelson, Robert. J. Op-Ed "Will Millennials become the chump generation?" Washington Post, 3/8/10.
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