This generation is much less likely to out-earn their parents, according to a study conducted by Stanford and Harvard universities and UC Berkeley, via the LA Times which calls into question the so-called American dream.
In 1940, children were born with near certainty that they’d earn a higher income than their parents when they grew up, which is something every loving parent hopes for their kid.
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1 comment:
This is really about he value of the US dollar.
The dollar has been printed into oblivion, and has no value now.
As long as it is PERCEIVED to have a value, our economy will continue to function somewhat.
Once everyone recognizes that it is worthless paper, our economy will crash outright.
The young people are facing a very bleak future.
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