In a sign of the fading American Dream, 92 percent of children born in 1940 earned more than their parents, but only half of those born in 1984 can say the same, researchers said Monday. Greater inequality in the distribution of growth is largely to blame, said the findings in the US journal Science. "Children's prospects of earning more than their parents have faded over the past half century in the United States," said the study, led by Raj Chetty of Stanford University. "Absolute income mobility has fallen across the entire income distribution, with the largest declines for families in the middle class."
Since little data exists linking children to their parents in terms of economic performance, researchers combined US census data with tax records, adjusting for inflation and other confounding variables. They found the sharpest declines in income in the industrial Midwest, including states like Indiana and Illinois. "The smallest declines occurred in states such as Massachusetts, New York and Montana," said the study.
(Score: 4, Insightful) by The Mighty Buzzard on Wednesday April 26 2017, @05:55AM (4 children)
It's truly sad to think that you actually believe that. "How do you know when a politician is lying? His lips are moving." may be a joke but it's also a statistical fact. Aside from brief moments of altruism after Thanksgiving dinner when they're too stuffed to scheme, not a one of them ever stops thinking of being reelected or scheming up more money long enough to give one single fuck about you or me.
My rights don't end where your fear begins.
(Score: 1, Insightful) by Anonymous Coward on Wednesday April 26 2017, @09:29AM (3 children)
Your nihilism is tedious.
Just because you are a social retard doesn't mean everybody else is.
If you have half a brain you'd realize your own ignorance and work to figure out why you so utterly suck at understanding people.
But that takes work and humility. So instead you take the easy out and just lie to yourself that you are a genius and everyone else are ignorant fools.
Despite the fact that you've never done one socially relevant thing in your life. Everybody else who has, they're the fools.
(Score: 2) by The Mighty Buzzard on Wednesday April 26 2017, @10:20AM (1 child)
You should let go of all that hatred you've got festering there in yourself. It's going to make you nothing but miserable until you do.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday April 26 2017, @07:23PM
Copypasta: TMB he has a malfunctioning brain.
(Score: 2) by Gaaark on Wednesday April 26 2017, @10:32AM
Yes, Alex, I'd like to take the assinine response for $2000!
What is "a pathetic response to a truth?"
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---