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It's well known that in the US people are doing much more poorly than their parents on average.

Except having what are essentially televisions in their pocket. That's the one win they get.



When someone says it's well known fact - it usually means there is no data to proof this statement.

Doing more poorly? but everyone has all kinds of home appliances, nice reliable cars with tons of features, more people have college degree, bigger houses, etc.




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