Topic: Government & Politics
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Boomer Columnist Jim Camden comments on a recent study showing that his generation has always been more polarized than Millennials. While Camden originally assumed that the Internet has fostered political polarization, he comes to the (correct) conclusion that “cranky old people are responsible for polarization.”
Following a strong showing in the country’s national elections, Germany’s far-right AfD party will be represented in parliament for the first time in half a century. AfD’s surprising finish is the latest manifestation of the spread of Euroscepticism—and is a damaging blow to the reputation of incumbent Angela Merkel.
Columnist Peter Weber says that America could use a Gen-X president. He’s right to point out that this generation’s trademark no-nonsense pragmatism and latchkey-kid autonomy would be valuable traits to help steer the country through tumultuous times.
Across the globe, just 33% of Millennials support politicians who take controversial or divisive positions. While this figure suggests that Millennials are afraid to push for radical change, the share is much higher in developed economies like the United States (51%), where young consumers are fearful of ending up worse off economically than their parents.
History professor Andrew Hartman argues that today’s “Millennial left” more closely resembles the 1930s “Old Left” than the 1970s “New Left.” He’s right: The ‘70s movement was led by Boomers who rebelled against cultural oppression and the Vietnam War, while the ‘30s movement was led by G.I.s who, coming out of the Great Depression, “sought a genuine alternative to capitalism.”
Wall Street regulators have agreed to rewrite the Volcker Rule, which sets limits on how banks can invest their own capital. The move highlights the Trump administration’s efforts to achieve desired (if limited) financial reform through agencies instead of relying on a gridlocked Congress.
Last November marked the first time that voters born 1946-1964 were outnumbered by voters born 1965 and later. While these data may give the impression that Millennials have finally arrived as impactful voters, the truth is that the surge in younger voters was fueled by record Gen-X participation.
In a Congressional race that was seen as a litmus test for both parties, Republican Karen Handel defeated 30-year-old Democratic hopeful Jon Ossoff in Georgia’s 6th district. The loss sheds doubt on the presumption that President Trump’s poor approval rating will boost the Democratic candidate even in red states.
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.