Redefining the Millennials: Lazy? Try enterprising, creative, resilient

And there is the fear that despite wanting to have it all, we'll actually end up with less than the generations before us. Here's Robert Hiltonsmith in the American Prospect on "Generation Y bother."
 
Why is this recession different from other sharp downturns? The standard economic indicators fail to tell the whole story. Yes, unemployment rates for young people remain at the record-high levels they hit at the Great Recession's peak in 2007, but this is typical for young workers, who tend to be the last group that recovers after a recession -- and tend to feel its effects far after the economy has rebounded. The young baby boomers who bore the brunt of the 1981-1982 recession had lower earnings even 15 years after the economy recovered, and during that downturn the economy only lost half as many jobs as during the Great Recession. For youth entering the workforce today, not [only] has the sour economy delayed their careers; they are entering a workforce that offers historically low wages and, unlike their parents, they're coming in with massive amounts of student-loan debt. […]
 
Millennials’ parents, the Baby Boomers, were able to buy their first homes and start their careers and families in their late teens and early 20s, right out of high school or college, with little or no debt. They had jobs with good benefits, and often had traditional pensions, which made saving for retirement easier. The jobs Millennials are taking today don't typically come with a traditional pension, forcing them to shoulder nearly the entire burden of saving for retirement themselves.