While paychecks shrank for most Americans after the 2007 2009 recession, theirs held steady or edged higher. households took home a record 51 per cent of the nation's income. The median income of this group is more than $150,000. By race, whites are three times more likely to reach affluence than nonwhites.

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And then there is the question of how Malia and Sasha will adjust psychologically, especially given their historic role.

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When observing cultural change especially changes in the negative direction one runs the risk of mistaking one's aging for a true shift in culture. Change is difficult to take when you're older, and it's easy to conclude that the world is going to hell in a handbasket. We have tried to avoid this bias by finding as much hard data and considering as many perspectives as we could. Many cultural changes were eminently quantifiable: the fivefold increase in plastic surgery and cosmetic procedures in just ten years, the growth of celebrity gossip magazines, Americans spending more than they earn and racking up huge amounts of debt, the growing size of houses, the increasing popularity of giving children unique names, polling data on the importance of being rich and famous, and the growing number of people who cheat. Since this is a book about culture, we explore media events, pop culture happenings, and Internet phenomena. We also talked to our students to get perspectives from the younger generation. We were somewhat shocked to find that many graduate students most in their mid twenties think things have gotten worse in their lifetimes. Undergraduates are more accepting of the current culture but often report feeling tremendous pressure to self promote and keep up in a materialistic world.

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"With all that's going on, it seemed wrong to get presents," says Leslie.

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