Baby Boomers: your millennial children are worse off than you.
With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles.
The analysis being released Friday gives concrete details about a troubling generational divide that helps to explain much of the anxiety that defined the 2016 election. Millennials have half the net worth of boomers. Their home ownership rate is lower, while their student debt is drastically higher.
The generational gap is a central dilemma for the incoming presidency of Donald Trump, who essentially pledged a return to the prosperity of post-World War II America. The analysis also hints at the issues of culture and identity that divided many voters, showing that white millennials — who still earn much more than their blacks and Latino peers — have seen their incomes plummet the most relative to boomers.
Andrea Ledesma, 28, says her parents owned a house and were raising kids by her age.
Jefre Cantu-Ledesma has been making thoughtful experimental music for more than 20 years. He founded the Root Strata label, which put out stuff by Oneohtrix Point Never, Keith Fullerton Whitman, and Grouper, among others. His tunes have always been interesting and strange and ethereal, but he’s reached a creative peak with his upcoming record, A Year with 13 Moons—a nod to a Fassbinder film with the same name.
The songs on the record are distilled from hundreds of hours of meandering experimental recordings, and they float effortlessly between genres without ever settling on one. This track “The Twins Shadows,” hits everything from abrasive noise to Vaporwave grooves before wrapping up at three minutes. Cantu-Ledesma’s music is dense and complicated, and “The Twins Shadows” reveals itself more and more through repeat listens. Live inside it for a whil
Ramiro II of Leon by Jose Maria Rodriguez de Losada.
Ramiro II (900 – 951), son of Ordoño II, was a King of León from 931 until his death.
Ramiro stood out as an excellent military commander, and expanded remarkably his territories south (Salamanca, Ledesma,…) as well as founding or repopulating frontier strongholds (Osma, Clunia,…). Ramiro masterminded a Pamplona/León coalition that defeated a joint Andalusian counter-offensive in the Battle of Simancas (939). This victory allowed the advance of the Leonese border of the Duero to the Tormes.In the last years of his reign, he lost the support of his Pamplona brother-in-law/son-in-law García Sánchez I, who then helped another brother-in-law, the count Fernán González of Castile, to gain brief de facto independence. Still in 950 Ramiro launched an expedition to the valley of the Edge and defeated the Cordovan Umayyads at Talavera.