“I would say basically the commonplace observation that kids aren't going to earn as much as their parents is now is a coin flip at this point. Are you going to do better than your parents? It's a 50-50 chance, whereas if you were born in the 1940s or 1950s, you had more than a 90 percent chance you were going to do better than your parents. So basically almost a guarantee for most kids that you were going to achieve the American Dream of doing better than your parents did. Today, that's certainly no longer the case.”
![“Kids do better, frankly [when the economy is strong]. Jobs…” quote by Edward Zigler](https://sms4smile.com/quotes/img-quotes/2a5/edward-zigler-27708_children_kids-do-better-frankly-when-the-economy_145347.jpg)
