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May 26, 2007

Today's 30-something Men Earn Less

Dadson This snip from a recent article talks about how men in their 30's are earning less than their fathers did in their 30's.

How do we solve this problem?

Start a business of your own and then teach everything you know about the business to your son. Let's make sure that this trend stops with us.

From the Seattle Times:

American men in their 30s today are worse off than their fathers' generation, a reversal from a decade ago, when sons generally were better off than their fathers, a new study finds.

The study also says the typical American family's income has lagged far behind productivity growth since 2000, a departure from most of the post-World War II period.

The findings suggest "the up escalator that has historically ensured that each generation would do better than the last may not be working very well," says the study, released Friday.

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Comments

Karen Jones

That is a very interesting article. I would have never thought that a 30 year old man today would be making less than his father was at age 30. Does not make any sense to me.

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