3 ms·
If you are a young person in America, it is. Unless you were born into the top 10th percentile of wealthy households, you are pretty much guaranteed to grow up
by nkoren 8y ago
If you are a young person in America, it is. Unless you were born into the top 10th percentile of wealthy households, you are pretty much guaranteed to grow up to be poorer than your parents, and you know it. This is something new for America, and the sense of desperation it creates is the young is, for once, entirely legitimate.
- eecsninja 8y agoThis is key. It's not that you're going to be third-world-country poor, it's that regardless of what you do, you won't experience the same economic benefits for the effort that you put in, compared to 30 years ago. This is true for people all across the board: blue-collar workers, office workers, and doctors.