“Economic mobility in America is very sticky. 40 percent of people born in the bottom rung stay there, and if you are in the top fifth, 40 percent of those adults stay there. We call that the stickiness. That raises questions—how much of the American Dream actually exists?†With income inequality once again sugring as a wedge issue in a midterm year, writer Kat Armstrong offers her opinion on the bootstraps myth in America on Playboy.com
“Economic mobility in America is very sticky. 40 percent of people born in the bottom rung stay there, and if you are in the top fifth, 40 percent of those adults stay there. We call that the stickiness. That raises questions—how much of the American Dream actually exists?†With income inequality once again sugring as a wedge issue in a midterm year, writer Kat Armstrong offers her opinion on the bootstraps myth in America on Playboy.com
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