Jeanna Smialek, who covers the U.S. economy for The Times, will be 33 in a few weeks; she is part of a cohort born in 1990 and 1991 that makes up the peak of America’s population.

At every life stage, that microgeneration has stretched a system that was often too small to accommodate it, leaving its members — so-called peak millennials — with outsize economic power but also a fight to get ahead.

Guest: Jeanna Smialek, a U.S. economy correspondent for The New York Times.

Background reading:

When millennials gripe that they get blamed for everything, the accusers might actually be onto something.
Millennials have the children, but boomers have the houses.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

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