Buffett, 81, has joked that there really is a class war in

The income gap is also at a recorded high; median inflation adjusted income for households headed by people between 25 and 34 has dropped 11 percent in the last decade while remaining essentially unchanged for the 55 to 64 age group.If there is a theme unifying these economic and political trends, in fact, it is that the young are generally losing out to the old. On a different subject, Warren E. Buffett, 81, has joked that there really is a class war in this country and that his class is winning it.

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