September 18, 2015 at 4:03 am
which also makes the point that there is little ecnmooic mobility for the poorest Americans. I did, I read the whole Power Point. Page 5 hows that 42% of people born into the bottom quintile remain there. Which, of course, means that just about 60% move out of it.I admittedly don’t know what the right percentages should be, but 60% moving out is hardly little mobility.At least the first two, and quite possibly the third factor also correlate highly with people being born into some level of wealth in the first place. I would be interested in seeing the data, but I think that I agree.People who are successful pass on the rules of success to their kids. For example, there is no chance that my kids don’t graduate high school, little chance they don’t graduate college and a high chance that they graduate college with a useful degree.I think the useful take aways from the data are that we need to graduate more kids, make them go to work and then get married.
April 15, 2016 at 5:31 am
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May 12, 2016 at 8:45 pm
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June 4, 2016 at 11:17 pm
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