Sunday, September 30, 2007

A Generation Falls Behind Parents' Standard of Living

Kansas City Star Young

Adults today are feeling the deep impact of a shift from an industrial to a technology- and service-based economy, said Tamara Draut, director of the Economic Opportunity Program at Demos, a New York-based consumer think tank. They face higher costs in starting and sustaining families, building careers, finding affordable health coverage and growing assets, said Draut, author of Strapped: Why America's 20- and 30-Somethings Can't Get Ahead.


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