Here's to Bad Times

February 5, 2001 | The New York Times |

Senior Fellow David Callahan argues that the rich mainly benefitted from the economic boom.

I've seen the resulting distortion of values everywhere in Generation X -- my generation -- and in those coming after it. It's hard to stick to a goal related to something other than money -- working at an artistically creative or socially useful job, for example -- if you can't afford to rent a one-bedroom apartment. It is even harder when everybody else seems to be getting rich and there's no support in the mass culture for your choice. Who wants to be a schoolteacher when you can be a millionaire?