Counties Where the American Dream May Already Be Dead
April 19th, 2019Via: USA Today:
It used to be that the vast majority of children ended up earning more than their parents. Today, however, the situation is considerably different. According to recent research on intergenerational mobility, approximately 90% of those born in the 1940s earned more than their parents, while only about 50% of those born in the 1980s do.
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Children growing up in counties with less concentrated poverty, less income inequality, better schools, a larger share of two-parent families, and lower crime rates are significantly more likely to surpass their parents later in life. The counties where the American dream is dead include some of the worst counties to live in.
Related: Poverty Leaves a Mark on Our Genes
