Maybe it has to do with sky-high levels of youth unemployment. Maybe it’s because student loan levels are climbing. Maybe it’s because today’s young’uns will someday be stuck supporting so many of their elders.

Whatever the reason, for the first time on record, most Americans said they did not believe today’s young would have better lives than their parents, according to new survey data from Gallup. In an April poll, only 44 percent expressed that view.

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Several polling organizations — including The New York Times — have been asking the question intermittently since 1983.

Source: New York Times
http://economix.blogs.nytimes.com/2011/05/02/dimming-optimism-for-todays-youth/