Social Mobility Declining? The REAL Reason Explained

Analyzing Finance with Nick · Beginner ·📄 Research Papers Explained ·3d ago

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The chance of earning more than your parents has plummeted since 1940. From a 92% likelihood then, to just a 50% chance for those born in 1985. Is America's rigid hierarchy trapping opportunity? #SocialMobility #AmericanDream #Economy #Class

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The chance of earning more than your parents has plummeted since 1940. From a 92% likelihood then, to just a 50% chance for those born in 1985. Is America's rigid hierarchy trapping opportunity? #SocialMobility #AmericanDream #Economy #Class
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