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Here’s the chance that a kid born in the bottom 20% of the income distribution eventually reaches the top 20%, depending on where they live. Stark geographic differences & the lowest mobility areas in the US are worse than any other developed country. inequality.stanford.edu/sites/default/
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But not surprising, right? One comment on the thread said education is the answer. And it is but the smartest kid doesn’t necessarily make the most money. And plucking a kid from poverty and putting them in a public ivy isn’t quite the answer either. Culture shock was a thing.
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