Many Americans not optimistic that their childrens’ lives will be better

A recent Bloomberg poll asked Americans whether they felt the future would be better for their children. The results:

What optimism there is about the immediate future doesn’t carry over to the longer term. Pluralities of those polled say they’re not hopeful they will have enough money in retirement and expect they will have to keep working to make up the difference. More than 50 percent aren’t confident or are just somewhat confident their children will have better lives than they have.

This belief has been an important part of the American Dream for decades. American parents seem willing to sacrifice much for their children to help insure this. Americans are usually quite optimistic about the future and tend to believe American ingenuity and progress will lead the way.

A question I would like to ask on these surveys: would it be okay for your children to have the same quality of life as you have experienced? If not, why not?

(A note about the reporting: many numerical statistics from the survey are thrown out. However, there is little context. The author tries to throw in some commentary about how these statistics link up with what is going on in the country or with a few quotes but this doesn’t add much. Additionally, let’s break down the numbers a bit more: do they differ by gender, race, region, political party, etc.?)

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