'Generation Vexed: Young Americans rein in their dreams'

this should do wonders for GDP............from the latimes........

"Amid so much economic uncertainty, many are rethinking career plans, putting off marriage and avoiding the stock market like the plague"

"Fewer than half of Americans believe that the current generation will have a better life than the last, according to a Gallup poll this spring. It was the most pessimistic showing for that barometer in nearly three decades.

Another poll, of Americans ages 18 to 29, found that three-quarters of them expect to delay a major life change or purchase because of economic factors. The survey — released last week, just before the Standard & Poor's downgrade of U.S. debt — was by the nonprofit Generation Opportunity, headed by Paul Conway"..........READ MORE