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>https://www.brookings.edu/blog/up-front/2022/06/29/stuck-on- https://www.brookings.edu/blog/up-front/2022/06/29/stuck-on-... >There's also studies out there t
by treis 3y ago
>https://www.brookings.edu/blog/up-front/2022/06/29/stuck-on- https://www.brookings.edu/blog/up-front/2022/06/29/stuck-on-...
>There's also studies out there that show where you were born/raised can have a significant impact on mobility
I didn't see anything in that article about if and how much worse is today than it used to be.
> I'm saying that wages have gone up at a lower rate than inflation,
That's just factually incorrect. Real hourly wages have held steady since the 60s and are slightly up from when millennials were born:
https://www.pewresearch.org/short-reads/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/short-reads/2018/08/07/for-most-...
...
This is why I don't usually like to wade into these debates. People have a warped perception of how things used to be and how they've changed.
- shakow 3y ago> That's just factually incorrect This kind of curve without at least an estimation of the variance does not mean anything.