Friday, December 16, 2016

What's Happening to the American Dream?

"Barely half of 30-year-olds earn more than their parents did at a similar age, a research team found, an enormous decline from the early 1970s when the incomes of nearly all offspring outpaced their parents. Even rapid economic growth won’t do much to reverse the trend. ... As wages stagnate in the middle class, it becomes hard to reverse this trend."

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