Poor children equal chance of being rich as poor

Discussion in 'The Thunderdome' started by droski, Oct 26, 2015.

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  1. droski

    droski Traffic Criminal

    According to this study. The catch. Their parents must be married:

    http://www.nationalreview.com/artic...lity-matters-much-or-more-economic-inequality

    A study by Richard Reeves and his colleagues at the Brookings Institution confirms the intuition: Edwards’s circumstances offered abundant opportunity. Their data show that of people growing up in the lowest income quintile with two parents, only 17 percent land in the bottom quintile as adults and 23 percent land in the second quintile, while 20 percent, 20 percent, and 19 percent land in the top three quintiles respectively. The distribution is almost perfectly even, with the odds of remaining at the bottom actually lowest.
     

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