Would Your Dad Be Proud You're Better Off?

One of the cornerstones of the American Dream is the notion that the future generations will be better off compared to the current generation. If this were in fact true, then I should be better off compared to my parents, right?  The dimension of ‘Generational Progress’ in the American Dream Composite Index (ADCI) does exactly this.  The most recent survey of the American Dream Composite Index (ADCI) from the month of February shows that the level of satisfaction with Generational Progress was approximately 59 (on a scale of 0 to 100).  We are, therefore, approximately 41% away from complete satisfaction with generational progress.  It should not come as a surprise that the level of one’s education impacts our notion of Generational Progress.  People that have at least a college degree score 63 compared to a score of 52 for people that have at most a high school degree.  So, education turns out to be an important factor that impacts our level of satisfaction with Generational Progress and, ultimately, with the American Dream.