The idea that you're going to be better off, your kids are going to be better off than you, it's leaving the American dream out of reach for more and more families. Children born to parents in the bottom fifth family incomes have a 46% chance of remaining in the bottom fifth. 1 chance and 2 of remaining in the bottom fifth for their whole lives and only a 3% chance of getting to the top fifth. (02:12–02:28)
CLAIM
Asserts the likelihood of children remaining in the same income bracket as their parents.
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