Message from @MechMage
Discord ID: 626278489732939802
So you're telling me
That five in ten low income children end up being low income adults
In the US
Meanwhile, five in ten low income children become high income adults
Yes
Social mobility doesn't exist at sll
All*
When a full 50% literally moves social classes
What the fuck are we even discussing here
I don't think that's what those numbers mean.
Shit, they figured out that I've been shooting from the hip this whole time!
So if five in ten stay low income
What happens to the other five
Do they just disappear and die or something
I don't think it's a 5/10 split.
That's what it said in the abstract
There are no numbers in the abstract.
Half the variably of childhood income is explained by parental income.
It said the wealth of rich parents affects the wealth of their adult children
The rest of the variability is unexplained by that factor.
We're trying to figure out how much.
it just says they wont be low income it doesn't say anything about how high they went
What does "low income" mean?
but in canada
it is 1/3
uhhh
Is there some number that if you make a penny less than you're low income and if you make a penny more than you're high income?
So ultimately what does the paper try to say?
Across countries, an X amount of kids end up sharing the same socioeconomic strata as their parents
where you are born is a good prediction of how you will live your life
...And?
It doesn't say anything. You have to read it.
What's the point?
I think birth right is bullshit
Fuck off to the wilderness then
Do you think that parents don't have a special bond with their children?
Stop getting your parents to provide for you
Pay them back for the effort of raising you
wut
that has nothing to do with this