Gen Z Is Broke and Fed Up with Politics

Politico: “Transunion, a consumer credit reporting agency, found in a 2024 study that 22- to 24-year-olds in Gen Z had higher average credit-card balances, higher average auto-loan balances and higher average personal-loan balances than millennials of the same age a decade earlier, even when adjusted for inflation. Gen Z borrowers also had higher delinquency rates than their millennial counterparts.”

“This gap — between the promise that hard work will bring stability and the costs young adults say they can’t get ahead of — is key to understanding the politics of Gen Z, a voter group that helped President Donald Trump win in 2024, but whose longtime loyalties have yet to be won by either party.”