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Contributor John Judis contends that, across the globe, “The Millennials Are Moving Left.” However, this is just half of the story: Young people worldwide are fleeing the center by flocking to far-left and far-right populist candidates who represent a departure from the status quo.
The United States ranks #34 on the Bloomberg Global Health Index of 163 countries—behind nations such as Slovenia (#27) and Lebanon (#32). These data reaffirm the fact that national spending on acute health care is rarely tied to actual population health.
In a long-awaited move, President Trump has officially withdrawn the United States from the Trans-Pacific Partnership. The trade deal was much maligned by politicians on both sides of the aisle for its potential to slash U.S. jobs and foment currency manipulation, making it an easy target for Trump’s chopping block.
The recent Italian referendum regarding proposed constitutional amendments failed to pass, with 80% of Italian Millennials voting for “an anti-establishment rejection of the status quo.” While Brexit and Trump were the work of older voters, in continental Europe the radical votes tend to be cast by young people rejecting a system that they feel doesn’t work for them.
A recent study finds that, in the U.K., Gen Xers are the least likely to be on track to meet their “target replacement rate”—the income needed in retirement to maintain a standard of living. While Millennials have benefitted from “automatic enrolment” pensions and Boomers were able to take advantage of “defined benefit” pensions, Gen X is, as usual, caught in the middle.