A new poll conducted by Gallup last month has found that less than half of Americans think today’s youth will have a better life than their parents. Only 44% responded that this was likely, the first time the figure has been below 50% and the lowest on record for the poll, which has been carried out intermittently since 1983.
Forty-four percent of Americans believe it is likely that today’s youth will have a better life than their parents, even fewer than said so amid the 2008-2009 recession, and the lowest on record for a trend dating to 1983.
…The large majority of Americans expressed optimism about the future for U.S. youth when Gallup first asked this question in January 2008, as the recession began to take hold. They continued to do so even as the economic crisis unfolded and unemployment ballooned. Hopes for U.S. youth declined to the 50% level in October 2010, however, before dropping to a new low in the April 20-23, 2011, USA Today/Gallup poll.
Most young people still remain optimistic, however, this visibly declines in proportion to higher age brackets, with those over 50 being the most pessimistic. The poll also found that high-income earners are less optimistic than low-income, and Republicans are far less hopeful of a bright future than Democrats.