3 ms·
I'm kind of astonished that you think this, there are lots of studies about intergenerational economic mobility in the USA compared to other places. https://ww
by diob 6mo ago
I'm kind of astonished that you think this, there are lots of studies about intergenerational economic mobility in the USA compared to other places.
https://www.chicagofed.org/research/content-areas/mobility/intergenerational-economic-mobility#:~:text=A%20key%20finding%20is%20that,than%20similarly%20situated%20White%20families https://www.chicagofed.org/research/content-areas/mobility/i... for instance.
https://www.mdpi.com/1660-4601/17/4/1179 https://www.mdpi.com/1660-4601/17/4/1179
Anecdotally, I can also attest to it. I know lots of "finally successful" folks who end up spending their wealth keeping their siblings and extended family afloat. There's no real safety net for them in the USA.