If you measure intelligence by standardized test scores then our kids are stupidifying.  Sadly the SAT remains the most prominent barometer of our children's education, which to me is much like describing the weather by merely looking at the temperature. 

On any given day I could tell you that I've observed the decline of civilization first hand (show me a parent of a teenager who denies this and I'll show you someone even dumber than their kids), but somehow I think my parents would have said the same 25 years ago and their parents would have said even worse 50 years ago. If our kids are so dumb then how the hell did they figure out how to text 4,000,000 words a minute using a phone keypad while their parents struggled to tap out a random OMG in 30 minutes using a QWERTY keypad on a Blackberry?