Yet, more fallout from the Coronavirus pandemic. A new Pew Research poll shows that more than 2/3 of Americans think today's children will be financially worse off than their parents.
If that's not bad enough, the survey says that 71% of Americans think our current economic situation in the U.S. is bad. That's not good.
Ray Perryman, economist and President of the Perryman Group told KTRH, "The gap between rich and poor is widening. It's hard to get your arms around just how fast, and how far this economy fell. Basically, we shut down a hundred trillion dollar global economic engine, and restarting it is not easy."
A lot of this actually started before the pandemic, as U.S. education numbers were in decline. But now, after a year of being locked down with no school, kids are at a serious disadvantage and Perryman is concerned that some will never catch up. "There's no question it's done a lot of damage" Perryman told KTRH, "I think probably the biggest damage is the abysmal school statistics we saw from last year, and for some kids at critical ages if you don't make that up very soon, then it's going to be hard to ever catch up and that will follow you all the way through life."
That leads us to the poll question today.