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Steve
05-28-2007, 07:21 AM
Do you think your generation is doing better or worse than the previous generation?

What do you think is causing this?

Making less than dad did (http://money.cnn.com/2007/05/25/pf/mobility_study/index.htm?postversion=2007052518) - American men in their 30s are earning less than their father's generation did, challenging a long-held belief that each generation will be better off than the one that preceded it, according to a new study published Friday.

Relying on Census Bureau figures, the study's authors found that after adjusting for inflation, men in their 30s in 2004 had a median income of about $35,000 per year, for a 12 percent drop compared with $40,000 per year for men in the same age group in 1974.

That stood in stark contrast to men in their 30s in 1994, who earned 5 percent more than their fathers did.

tiedeman
06-28-2007, 06:08 PM
I personally feel we are doing less. Job secruity is almost non-existant, there are no pensions, employees are overworked and underpaid compared to the cost of living