Chapter
The Reality of Being a Parent in Today's Society
05:03 - 11:47 (06:44)
Parents in the US are experiencing a decrease in the quality of life, both emotionally and psychologically, due to their children on average not doing as well as they are. Additionally, young people are no longer better off economically than their parents were at the same age.
Clips
The younger generations in the US are currently facing economic challenges, with people under 40 seeing their share of the nation's wealth drop significantly since 1989, and for the first time in history, young people are no longer better off economically than their parents were at the same age.
05:03 - 11:47 (06:44)
Economy
Summary
The younger generations in the US are currently facing economic challenges, with people under 40 seeing their share of the nation's wealth drop significantly since 1989, and for the first time in history, young people are no longer better off economically than their parents were at the same age. This economic difference is leading to emotional and psychological degradation in the quality of life.