Millennials and the American myth: Opportunity is not knocking for many
October 12, 2017
Photo: JGI/Jamie Grill, Getty Images/Blend Images
Raj Chetty of Stanford University and associates analyzed the likelihood that an American child will earn more than his father. In their 2016 study, they found 90 percent of us Baby Boomers did. But for people born in the ’80s, the chances fall to only 50 percent.