"The secret sauce of my generation was that when I was young, prosperity was widely shared, ladders were plentiful, and tax rates were progressive. If gazillionaires pay their fair share, and we invest adequately in the young, there's no reason why Generations Y and Z can't enjoy the same economic tailwind that my generation did.
That, however, will not just happen. It requires a politics -- and not the politics of young versus old, much less the politics of austerity."