The findings contradict widespread claims that a person’s chance for upward mobility is lower today than in the past.
The study also examined another report by researchers who had observed children born between 1952 and 1975. Combining those results indicates that intergenerational mobility rates have been steady for the last 50 years.
Absolute mobility — the measure of a person’s income compared to his parents’ — has also improved in recent years. Median family income is close to 12 percent higher today than it was in 1980, meaning that most adults have more disposable income than did their parents at the same age. The growth rate of that mobility has slowed, however, as economic growth has slowed. Source: NCPA
I wanted to publicly say how much I appreciate Georgia Public Policy Foundation. For those of you that will be entering the Legislature or are relatively new you may not quite yet appreciate how much we rely on Georgia Public Policy Foundation’s research and work. As you know we’re a citizen’s legislature. We have very little staff. They have been an invaluable, invaluable resource to us. To put this [Forum] on and the regular programs that they do throughout the year make us better at what we do. (At the 2012 Georgia Legislative Policy Forum.)