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Monday, February 18, 2013

Will You Be Better Off Than Your Parents?

Posted by Eli Sanders on Mon, Feb 18, 2013 at 9:59 AM

In the end, the answer is probably no:

WASHINGTON — For the first time since the New Deal, a majority of Americans are headed toward a retirement in which they will be financially worse off than their parents, jeopardizing a long era of improved living standards for the nation’s elderly, according to a growing consensus of new research.

Happy Presidents Day! The guy who created that decaying New Deal? Franklin D. Roosevelt.

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