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US national debt: Peterson Foundation warns of lower wages, fewer jobs for Gen Z
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US national debt: Peterson Foundation warns of lower wages, fewer jobs for Gen Z

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"The growing national debt will both shrink the labor market and drive down wages, contributing to an uncertain economic future for millions of younger Americans," wrote the Peterson Foundation.

One might argue that the Peter G Peterson Foundation would issue such a warning—after all, the organization was founded to find solutions to get America on a more sustainable fiscal path. However, the think tank has outsourced some of its data analys... [2725 chars]

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Source: Fortune

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