Poverty and Racism have a dual impact on upward mobility


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❝ The defining feature of the American Dream is upward mobility – the aspiration that all children have a chance at economic success, no matter their background. However, our research shows that children’s chances of earning more than their parents have been declining. 90% of children born in 1940 grew up to earn more than their parents. Today, only half of all children earn more than their parents did.

The American Dream maintains its mythic status even as it declines steadily. Political charlatans, self-described as conservative more often than not seem to have offered the best lies. The liberal flavor [in my lifetime] can be moved by the courage of citizens to grow backbone. Sometimes.