3 ms·
This isn't supported by data, of people in the middle income quintile 23.3% of their children end up in the top quintile while only 9.3% of people from the bott
by ch4s3 2y ago
This isn't supported by data, of people in the middle income quintile 23.3% of their children end up in the top quintile while only 9.3% of people from the bottom quintile make it to the top[1]. The fourth and fifth(top) quintiles of income lead to the highest rates of children entering the top quintile.
[1] https://www.cato.org/commentary/upward-mobility-alive-well-america# https://www.cato.org/commentary/upward-mobility-alive-well-a...