Are Americans getting poorer and poorer than their parent generations?

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In a short answer yes. This is what statistics say. I agree with A1 to an extent. There is more opportunities but I also feel this information is not always democratized

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I do think the younger generation is feeling the pressure financially but data shows they have higher educational achievements and more income streams than previous gens. That's mainly due to the digital revolution and all the new ways you can make $$$. It's a challenge, but the opportunity is available for those who want to put in the work.

Yes. My parents were able to afford a house on a single income while raising three kids, which is more or less impossible in this day and age. I'm sure I'm making more than he ever did during his working career, but my dollars don't go nearly as far.

Seems to be that way

It seems to be the case that the standard of living is getting worse for a lot of people. One income used to support a family, now it's not uncommon for a single person to need to have an extra job just to afford rent. Things like income levels are deceptive, because of they're not always inflation adjusted. Someone today may make more on paper than their forebears, but they can afford much less.

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