Quote:
Originally Posted by Paul Markham
For the vast majority of Americans, America is failing them. Living standards are declining, this will be the first generation to be less well off than their parents. For some communities that has been the norm.
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In the '50's in an average lower middle class home, with two children, one working parent paid for a brand new three bed room home, new furniture for that home, state of the art appliances for that home, a new car in the driveway, a boat, vacation, savings account etc. etc. etc.
So no it is not the first generation.