Re:The 'glass floor' keeps the children of the rich at the top
by fsagx on Tuesday October 15, 2019 @02:12PM
(#21261727)
That a child would likely earn more than a parent, when the parent's earning window spans a great depression and two world wars doesn't seem that remarkable.
The 50-50 odds are exactly what I would expect from a nation in some sort of societial equilibrium.
> America has a social mobility problem. Children born in 1940 had a 90% chance of earning more than their parents. For children born in 1984, the odds were 50-50.