The Bush Economy is an equal opportunity fucker, isn’t it.
In the race to get ahead economically, America’s young workers are falling behind.
A new survey shows that median incomes fell for householders under 45, even as they rose for older ones, between 2001 and 2004.
Income fell 8 percent, adjusted for inflation, for those under 35 and 9 percent for those aged 35 to 44. The numbers add new weight to longstanding concerns about whether younger generations of Americans will achieve living standards that are better – or at least equal to – those of their parents.