I hope I never see the day when even the children are put to work in order to meet a certain standard of living!

The American dream has always held that each generation will enjoy a higher standard of living than the previous one, and that is still true, as measured by household income.

But the generational gains are slowing, and the increased participation of women in the work force is the only thing keeping the dream alive, according to an analysis of Census data released Friday.

A generation ago, American men in their thirties had median annual incomes of about $40,000 compared with men of the same age who now make about $35,000 a year, adjusted for inflation. That’s a 12.5 percent drop between 1974 and 2004, according to the report from the Pew Charitable Trusts’ Economic Mobility Project.

http://www.msnbc.msn.com/id/18868904/