Wages Through the Ages: Men Earn Less Than Fathers at Same Age

A new report finds that men in their 30s make less money than their fathers did at the same age, raising questions about deeply held notions of social mobility and the realities of the American Dream. It's not just because they're typical Generation X slackers either. In 2004, the median income for a man in his 30s was $35,010, the study found. Adjusted for inflation, that's 12 percent less than what men the same age were making in 1974. The study, "Economic Mobility: Is the American Dream...Full Story
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