2 ms·
> It's more like you may never have what your parents had. That’s a natural consequence of economic mobility. It would suck in a different way if everyone alw
by sokoloff 3y ago
> It's more like you may never have what your parents had.
That’s a natural consequence of economic mobility.
It would suck in a different way if everyone always had more than their parents in absolute (inflation-adjusted) amounts and obviously, not everyone can have more in percentile terms.
- WalterSear 3y agoExcept there's more stuff around, and it's increasingly unevenly distributed, not due to disparate effort or ability.
- silisili 3y agoSee also: https://www.nerdwallet.com/article/finance/average-net-worth-by-age https://www.nerdwallet.com/article/finance/average-net-worth...
- frickinLasers 3y agoI had some fuzzy concept of wealth inequality in the US, but this is just fucking outrageous.