Millennials
For the first time in our nation's history, 30 year olds
This is just another reason I hate these bullshit generational titles. Grouping people who were born in the 80s and the 90s under a single title? There may have been like 10 kids in my high school that had cellphones, and they were black and whtie bricks, and if they went off during class they'd get taken up. The 90s kids had the little clam shell phones, and were texting where we were just using AIM when we got home.
The article states 50% of Millennials are earning more than their parents, but then makes an assumption it's due to government spending. It doesn't address how some kids got shit degrees, or weren't encouraged to focus on career. I personally make far more than my parents, even adjusted for inflation. But I also had to seek out opportunities to make that happen.
As far as children/family rates .. poor people have more children than the well off. If you want to blame fertility issues on anything, it can be wealth.
This article is way too simplistic, as well as being all over the place; terrible analysis really.