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The American Dream is out of reach - Jun. 4, 2014
Some 63% of all Americans said most children in the U.S. won't be better off than their parents. This dour view comes despite most respondents, 54%, feeling they are better off than their own parents
The vast majority of Americans have higher incomes than their parents, but that's in large part because most families have two earners now, she said. Only half have more wealth
People also tend to be more pessimistic about the next generation's fortunes in general than their own children's prospects, Currier said. In Pew's polls and focus groups, parents say that it will be tougher for their children to succeed, but they still believe it's possible
Some 63% of all Americans said most children in the U.S. won't be better off than their parents. This dour view comes despite most respondents, 54%, feeling they are better off than their own parents
The vast majority of Americans have higher incomes than their parents, but that's in large part because most families have two earners now, she said. Only half have more wealth
People also tend to be more pessimistic about the next generation's fortunes in general than their own children's prospects, Currier said. In Pew's polls and focus groups, parents say that it will be tougher for their children to succeed, but they still believe it's possible
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