The decline of upward mobility in one chart (user search)
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  The decline of upward mobility in one chart (search mode)
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Author Topic: The decline of upward mobility in one chart  (Read 2392 times)
Torie
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« on: February 16, 2021, 05:45:49 PM »
Houston, we have a problem. Who knew?

 
https://www.visualcapitalist.com/the-decline-of-upward-mobility-in-one-chart/
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Torie
Moderator
Atlas Legend
*****
Posts: 46,103
Ukraine


Political Matrix
E: -3.48, S: -4.70
« Reply #1 on: March 01, 2021, 04:06:46 PM »
Quote from: jaichind on March 01, 2021, 06:56:23 AM
Some of this is exaggerated by different cost of living levels across a large and diverse economy such as USA.  The report has an annual income $380K cutoff as upper class which clearly is not true where I live.  Ideally such an analysis defines income cutoffs for class by zip code.  The result could very well be the same but I suspect the level of decrease in mobility might be less than what this report would suggest.


Maybe, but there is the "hollowing out" factor as well.
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