Comment on The Wall Street Journal: Only 51% of 30-year-olds are making more money than their parents did

The Wall Street Journal: Only 51% of 30-year-olds are making more money than their parents did

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.

 

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