… paycheck, working people struggling to put food on the table, pay for housing, pay for health care, pay for education. And maybe most frighteningly, from an economic point of view, For the first time in the modern history of our country, our younger people may actually have a lower standard of living than their parents. despite all of the advances we're seeing in technology and worker productivity. So those are all enormously important issues that we've got to address. (01:03–01:13)
CLAIM
Asserts that younger Americans may have a lower standard of living than their parents for the first time in modern history.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.