Every generation is required to do their part to shape the American economy and stock market. Every generation has a different system of navigating this tricky path. Some advance to the top through trial and error, others advance by strict methodology. Often, we see the older and more experienced generations teach the younger generations how to navigate the unruly economics of the United States. The best way to see this in today’s economy is by looking at the Baby Boomers and the Millennials. Currently the Baby Boomers are in charge of America’s finances but the challenges they are facing are large. Millennials are actively pursuing them for their top positions. These Millennials have many ideas about how to cure the economic …show more content…
This theme of “old teaching young” is often found in books and articles. A prime example of this is the article“Losing Languages,” author, Rymer, discusses how older generations have knowledge and methods that they cannot communicate to younger generations due to a differences in language. This knowledge includes valuable lessons about life and agriculture that can significantly better life, but the information is just washed away in the rush of a more standard language such as Spanish. In “A Letter to My Nephew,” James Baldwin talks about lessons that he has for his nephew to better prepare him for the “real” world. Although it’s a different subject, it shares a very similar theme. This is also true in “The Secret Life of Plants”which discusses how older generations of plants often support the young to help the saplings grow in an intense environment. All of these articles share a similar the …show more content…
However, there is no shortage of current economic problems that need to be solved in order to begin repairing the economy as a whole. Millennials could be the cure these conflicts by using their characteristic enterprising mentality and futuristic thinking to put America back on the right track. Umpteen sources foresee a drastic downfall if the government does not change something immediately. Although Americans seem to think there is no hurry to repair the system, numerous financial experts are predicting a fall-out soon due to the parallels to previous events; therefore, these decisions need to be made soon (Palmer). One financial website states that the most prominent financial problems are “failing even to acknowledge predatory foreign trade practices, lack of direct action to reverse our out-of-control trade deficits, and no longer produce what we need to sustain ourselves” (Heffner). The Millennial approach of being innovative and original is the only option America has left before the entire economy spirals out of