So, we have discussions at work about various things. Here is a question that comes from our latest. How fixed is the economic class you are born into in America? Or, if you are born into a poor family and work hard and make good decisions your whole life, how well can you reasonably expect your life to go?
I'm not interested in anecdotal evidence. I'd like to know how well people do in the aggregate. I'd like to believe that you eventually get what you deserve for the most part. Is that the case? Any answers out there for this question?
I mentioned this article during our discussion: How Not To Be Poor by Walter Williams.
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