Times have really changed. I remember catching my father bawling his eyes out trying to figure out how to make the next mortgage payment even though he worked 16 hours a day. I was old enough to understand what 18% mortgage interest meant. My discussions and experience with the majority of twenty-somethings tell me that they lack an appreciation for such dim times in our economy. Many expect to make (and do make) six figures with minimal commitment on their part. All the power to them if they can muster it. Times are certainly good for educated, north american twenty-somethings but globalization may change all that.
