Relative to other Western industrialized societies, your statement is not supported by the data. Children born in the lowest income quintile have weaker odds of reaching the highest income quintile compared to Canada, the UK, Denmark and other countries.
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Replying to @kimmaicutler @susanthesquark
See Raj Chetty’s work https://www.stlouisfed.org/~/media/Files/PDFs/Community-Development/EconMobilityPapers/Section1/EconMobility_1-1Chetty_508.pdf?la=en …
11:20 PM - 5 Jul 2018
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