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Poll: Many pessimistic about improving standard of living

Many younger Americans do not believe that today's young will exceed their parents' standard of living, according to a new poll. (AP Digital Embed)

FILE - A young man reads on the Howard University campus July 6, 2021, in Washington. A recent poll found that Black Americans have a more positive outlook on upward mobility for future generations than white Americans. (AP Photo/Jacquelyn Martin, File)

FILE - Activists appeal for a $15 minimum wage near the Capitol in Washington, Thursday, Feb. 25, 2021. According to the Economic Policy Institute, the federal minimum wage in 2021 was worth 34% less than in 1968, when its purchasing power peaked. (AP Photo/J. Scott Applewhite, File)

Poll: Many pessimistic about improving standard of living