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Poll: Kids will be worse off than parents; rich-poor gap grows
A check-cashing outlet in Los Angeles, often used by low-income families. (Photo: image_vulture, via Shutterstock)A solid majority of Californians say children growing up in the state today will be worse off financially than their parents, while more than two-thirds say the gap between rich and poor is widening. In the past year, more than four in ten households with annual incomes below $40,000 had work hours or pay reduced, and an equal share had to cut back on food.