1min snip

Political Gabfest cover image

Could Nikki Haley Actually Win?

Political Gabfest

NOTE

The Decline in Americans Earning More Than Their Parents

A team of economists from Harvard and Brown created a statistic using census and IRS records to measure the percentage of Americans who earn more money than their parents did at the same age. They found that in 1940, 92% of Americans had a high chance of surpassing their parents' earnings. However, for millennials, this percentage has decreased to 50%.

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