The fading American dream: Economic mobility has nearly halved since 1940

(American Association for the Advancement of Science) The probability for children to attain a higher income than their parents has dropped dramatically -- from more than 90 percent for children born in 1940 to 50 percent for children born in the 1980s -- according to a new study analyzing US data.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2oYuGp7