The Fading American Dream
The defining feature of the American Dream is upward mobility – the aspiration that all children have a chance at economic success, no matter their background. However, our research shows that children’s chances of earning more than their parents have been declining. 90% of children born in 1940 grew up to earn more than their parents. Today, only half of all children earn more than their parents did.
Opportunity Insights seeks to reverse this trend and revive the American Dream.