A Wall Street Journal-NORC poll found that most Americans believe that their children's lives will be worse than their own.
Four out of five respondents said that the economy is in a not-so-good or poor state, and nearly half think it will get worse in the next year.
- 78% of respondents believe that their children's lives will be worse than their own, the highest percentage since the survey began asking the question every few years in 1990.
- White respondents were more likely to agree with the negative assessment than Black and Hispanic respondents.
- Roughly ~40% of respondents see healthcare and housing costs as major worries.
- Nearly two-thirds said that inflation is a major concern for them and their families.
- 44% said that their finances are worse than they had expected.
- Less than 30% said that people like them and their families have a good chance of improving their standard of living.
- The poll interviewed 1,019 adults between March 1-13, mostly before the collapse of Silicon Valley Bank sparked fears about the stability of the U.S. banking sector.
