A 90 year old has lived through and benefited from a period of amazing upwards mobility. Their financial position now is most likely unrecognisable from that of

A 90 year old has lived through and benefited from a period of amazing upwards mobility. Their financial position now is most likely unrecognisable from that of their youth - even if they don't seem that well-off. But a 25 year old has virtually no mobility to look forwards to, household incomes have been stagnant since the 1970s and social mobility (which is, let's face it, closely tied) has similarly flatlined. Abundant cheap housing and the GI bill were a pretty sweet deal - despite the hardships that it took to get there.