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Counties Where the American Dream Is Dead

The expectation that children born in the United States will do better than their parents is the bedrock of the American dream. Rates of upward income mobility have fallen sharply in recent decades, however, and in some areas they are close to zero.

According to recent research on intergenerational mobility, the percentage of children who grow up to earn more than their parents is down from approximately 90% of children born in 1940, to 50% of children born in the 1980s.

http://247wallst.com/special-report/2017/04/26/counties-where-the-american-dream-is-dead/

 

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