A new study on different generations’ priorities does not make Millenials look good. The report from the American Psychological Association [PDF] claims we are selfish, fame-seeking, politically disengaged, anddon’t give a shit about the environment. We also want to be rich. A stunning 75 percent of Millennials said that being wealthy was very important to them, compared to 45 percent of baby boomers and 70 percent of Generation X. 

Contrary to middle-aged pundits’ rants, Millennials are not inherently more selfish or materialistic than previous generations. It’s just that we are seeing the middle class vanish before our eyes. Even before the recession, we heard the message loud and clear: If you don’t want to be poor, you have to be rich.

Read on.