Here's a link to a Brookings institution study on mobility across generations. What's amazing and distressing is that 33 percent of Americans are downwardly mobile (they end up lower in the income distribution than their parents were, i.e., falling from the top 10 percent to the bottom quarter). I hope some of our Presidential candidates will pick up on this. Where is the man or woman who will come forth and promise to reduce this rate to zero, to guarantee that no one will end up lower than his or her parent? Surely that's a goal we can all rally around. Whatever our race or religion, our background or aspirations, everyone wants to do better than our parent, to rise at least one rung on the ladder of success.
Write the candidates, strike a blow for clear thought and achievable goals.
No comments:
Post a Comment