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> and has less class mobility than the US. So, interestingly, this is something that Americans tend to believe, and that Europeans tend to believe, but it is e
by rsynnott 2y ago
> and has less class mobility than the US.
So, interestingly, this is something that Americans tend to believe, and that Europeans tend to believe, but it is empirically not true.
Americans in the bottom income quintile are less likely to make it to the top quintile than people in the major European economies, but they are more likely to _believe_ that they can: https://www.economist.com/graphic-detail/2018/02/14/americans-overestimate-social-mobility-in-their-country https://www.economist.com/graphic-detail/2018/02/14/american...