Alice

In the book by Lewis Carroll of "Alice in Wonder Land", Alice uses the refrain, “... curiouser and curiouser!”.
  

There are seemingly a constant stream of revelations suggesting the conditions of the two largest minority races in America are getting worst. The disparity in prosperity between them and the White majority is widening. But as in any story, the challenge is to find the relevant truth. 

Perhaps the relevant truth is the absence of statistics and analysis on the prospects of the population under forty years of age, irrespective of race. This is very curious. Could it be that this type of analysis is to be obscured by design? Might the analysis reveal a dismal situation that cannot be rectified. Might it be the harbinger of a nation that has departed forever from realization of dreams of general prosperity? Could the analysis be the horror of a nightmare these generations will never awake? Could this be the real "American Exceptionalism"?

The Baby Boomer generation is keeping the national illusion of prosperity and opportunity alive. In fact the economy should get a significant boast in the next several years as Baby Boomers spend to transition into retirement. But it will be short lived. It will have no lasting positive affect on the under 4o generations. Not even the speculated transfer of wealth through inheritance will make an impact. The sharks are already circling to separate them from that money.

It is reported there is more social mobility in Europe now than America. America has become a self perpetuating closed aristocracy to younger people seeking advancement. Education is no longer a route to ensure advancement. Things such as healthcare and pensions, that were employer provided without significant costs, have been shifted to young people to fund. The costs in many cases make it unaffordable. Also increasingly business and industry is getting its more skilled people from the international labor market. The achievement level of people in that market dwarfs that of most domestic applicants. Business and industry has constantly pushed wages down in the domestic market. The worst the job situation for the under 40 generations, the cheaper business and industry can obtain select domestic workers.

What do things portent for the under 40 generation? They will be serfs to the whims of business and industry and their control of government. The better opportunities will be outsourced on given to select foreign candidates. The rules and regulations will overwhelmingly favor business and industry. These generations will live at a subsistence level while the self perpetuating aristocracy reaps the benefits [investor class]. 

Do you really want the younger generation to understand? It might lead to social activism. The ignorance creates the highly desirable plasticity of the under 40 generations to the vicissitudes occurring around them. Shouting alarms is met with denial by the under 40 generations. It is like the famous line by Jack Nicholson in the movie, A Few Good Men, "...you can't handle the truth".