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Joella Critchfield's avatar

If these young people actually have money to invest, they are not "typical" Gen Z or any generation. In the 50s and 60s, I had absolutely no such money nor did I even understand investing when I was graduating as a top student. I also had been prevented from taking the "practical" courses and so had to learn all those things like sewing and cooking after I chose to not go on to grad school. My undergrad degree was simply to mindlessly follow that academic path before I moved into a farming community to become part of building that community with my own children and things like after-school and reading groups for children whose parents were too busy working to help them. As a current grandmother, I am basically superfluous, since the grandkids are all wrapped up in getting those participation trophies and investing the dollars they receive as money begged online to be able to afford the next wonderful scooter or whatever. As long as society is basing its value on how much money one can play with vs. how much we all help one another have decent lives, Trumpism can be voted in even while more and more people have less and less quality of life.

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Jenn H's avatar

It's really too soon to know what effect the tariffs will have, especially since they seem to be changing by the day. The most immediate impact was on the stock market, and young people who are in the market are most likely investing for the long term, not worrying about retiring in 5 years, so a down market is not as big a problem for them as it is for older people. I'd love to know what Gen Z small-business owners think; so far it seems like the uncertainty in trying to manage a small business is the other immediate impact the tariff announcements are having.

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