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"Tragedy as a generation" for U.S. youth

Young Americans, between the ages of 16 and 24, have been hit awfully hard by the financial crisis.

Most corporations make their voices heard loud and clear in Washington.  So do many demographic groups — think retirees and the AARP. But advocates say young Americans, aged 16 to 24, are “rapidly becoming the most disadvantaged group in America.”

Host David Brancaccio spoke to journalist and economic policy consultant Jeff Madrick, who writes a column in Harper’s Magazine, about the travails of today’s youth.

“The elderly and lots of other groups have strong lobbying efforts in Washington. The young certainly do not, and we’re only becoming aware of that.”

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