CAREERS FOR THE NEXT GENERATION—PESSIMISM.

CAREERS FOR THE NEXT GENERATION—PESSIMISM. Robert Samuelson has an article in Newsweek for May 22 (link via realclearpolitics) about a massive report from the Pew Research Center about middle class anxieties. Samuelson doesn’t think the problem is a squeeze on income. He says, “The deeper source of disquiet, I think, lies elsewhere. Middle-class families value predictability, order and security, and these reassuring qualities have eroded. People worry about rising living expenses; but what really upsets them is the possibility that their incomes or fringe benefits — pensions, health and disability insurance — might vanish.” If companies have unpredictable lives, it’s easy to see how my generation would worry about their children’s futures.