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upward mobility in usa
by truthbetold Mon Jul 22, 2013 11:23 pm
Can one of you post the link to this article in new York times?
Pbs also carried a news item on this topic.
key take aways:
1. Usa upward mobility was lower than Norway, and Denmark and other rich countries. However Usa is among the countries with highest income inequality along with Uk and Italy.
2. Upward mobility in Usa is strongly related to Geographic location. Southeast has least mobility. Cities allow higher mobility than rural areas.
On average only 9% of families crossing the barrier of. Class limits.
Pbs also carried a news item on this topic.
key take aways:
1. Usa upward mobility was lower than Norway, and Denmark and other rich countries. However Usa is among the countries with highest income inequality along with Uk and Italy.
2. Upward mobility in Usa is strongly related to Geographic location. Southeast has least mobility. Cities allow higher mobility than rural areas.
On average only 9% of families crossing the barrier of. Class limits.
truthbetold- Posts : 6799
Join date : 2011-06-07
Re: upward mobility in usa
by bw Mon Jul 22, 2013 11:40 pm
http://www.nytimes.com/2013/07/22/business/in-climbing-income-ladder-location-matters.html?nl=todaysheadlines&emc=edit_th_20130722&_r=0
bw- Posts : 2922
Join date : 2012-11-15
Re: upward mobility in usa
by Idéfix Mon Jul 22, 2013 11:55 pm
In summary, the American Dream is dead. Time for more tax cuts and military spending!
Idéfix- Posts : 8808
Join date : 2012-04-26
Location : Berkeley, CA
Re: upward mobility in usa
by truthbetold Tue Jul 23, 2013 10:04 pm
Keeping aside sarcasm for a minute, this research does raise questions on future opportunities for commoners of Usa.Idéfix wrote:In summary, the American Dream is dead. Time for more tax cuts and military spending!
traditional skills and hard labor do not even seem to guarantee employment or loser middle class life style. Money is moving into knowledge oriented jobs and acquaring those skills is difficult for many Americans.
It is interesting to see how this problem is resoled over next decades. Otherwise we will see more detroits.
truthbetold- Posts : 6799
Join date : 2011-06-07
Re: upward mobility in usa
by Idéfix Wed Jul 24, 2013 12:45 am
Yes, sarcasm apart, this New York Times article is an excellent resource. You can play around and see how parents' income is such a big factor affecting incomes of children when they grow up. I ran this for the San Francisco Bay Area. The results are interesting.
The distribution of children's income as adults is opposite with poor and rich parents.
The distribution of children's income as adults is opposite with poor and rich parents.
Idéfix- Posts : 8808
Join date : 2012-04-26
Location : Berkeley, CA
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