Pew Charitable Trusts

(Newser) - Downward mobility is rampant in the US, with a third of Americans who grew up in the middle class falling out of it as adults, according to a new Pew Study ( pdf ). “A middle-class upbringing does not guarantee the same status over the course of a lifetime,...

(Newser) - American men in their 30s are doing worse than their fathers did financially, a change from just 10 years ago and a reversal of the expectation that each generation will exceed the success of their parents. In 2004, the median income for a man in his 30s, adjusted for inflation,...