4 ms·
The US (I assume you're talking about the US) intragenerational mobility is actually quite strong, meaning people have the ability to impact their own economic
by eanzenberg 8y ago
The US (I assume you're talking about the US) intragenerational mobility is actually quite strong, meaning people have the ability to impact their own economic outcomes if they choose, or in other words, the American dream (TM). Decreased intergenerational mobility in the US is actually a function of decreased fraction of families earning below 100k, meaning, less people by fraction in the lower and middle class as they've pushed up into the upper >100k tier.
- yourbandsucks 8y agoProbably better to measure by where people are on the income distribution than above/below arbitrary points like 100k. Most of the research I've seen uses quintiles as a proxy for "class". If you look downthread, I've linked some that disagrees with you re: USA vs other anglosphere countries.