Sunday, February 26, 2012

"Talkin’ Bout My Generation"

The Who belt out the classic phrase “Talkin’ Bout My Generation” 16 times in their unforgettable song “My Generation”.  In the song, it seems that they are crying out to those who don’t look fondly upon their generation’s lifestyle and attitude.  They just want to say that no generation is better or worse than another.  However, when someone is asked about one generation to another as it pertains to the American Dream, it is quite clear that each generation wants the next to do better.  But, what is better?

Well, it makes sense that among many things people want their children to acquire better educations and have higher incomes.   This seems to be a prevailing thought.  But, as a composite picture, what does the current state of Generational Progress look like in the United States?  That is, looking at folks living in the United States today, are THEY doing better in general than THEIR PARENTS?  Well, the American Dream Composite IndexTM gives you this information each month.

In fact, our February 2012 results say…somewhat.  I know that seems a bit discouraging. But, when “Talkin’ Bout My Generation”, we’re almost 60% of the way to be fully surpassing the previous generation.  Not bad, but we’ve got some work to do!

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