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New York Times Explains Why Parents Are Spending More Time and Money on Their Kids Now Than Ever Before
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Over the past two generations, the amount of time and money parents put toward their children has skyrocketed. Now a New York Times report is explaining why.

Though many may dismiss the growth of parental presence and assistance as another indicator of coddled young people, the trend is more in response to increasingly uncertain futures and growing labor competition in an age where children only have a 50% chance of earning more money than their parents.

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