Study: Men in Their 30s Make Less Than Their Dads

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Young men in their 30s in the United States are not doing as well financially as their fathers' generation did. A study released today on economic mobility shows that, on average, 30-something males make about 12 percent less than they would have 30 years ago.

The report appears to challenge the conventional wisdom that each generation will do better than the one before.

One of the study's authors, John Morton, talks with Madeleine Brand.

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