In Nicholas Kristoffs August 8, 2015 article he dives into to the topic of "social mobility" which is the idea that people can or cannot move from one social class to another. Kristof makes his stance very clear, he feels that whatever class your parents and or grandparents were in will be the class that you yourself will end up in as well. He states that the "intergenerational income elasticity" in the United States does not measure up to some of our fellow
countries like Canada, Sweden,
|This graph helps to better understand where the U.S.A stand in comparison to |
other countries around the world in terms of their ability to change economic classes. The line in the middle represents the median range.
|This bar graph gives a clearer picture of how we stand as Americans compared |
to other countries when it comes to changing economic classes.
My stance on intergenerational earnings elasticity is that your chances of jumping from one class to another is better here in the United States than in many other countries. If you refer to the graph you can clearly see that the countries that are struggling most with this reside primarily in the western hemisphere. This is why you see so many immigrants coming from countries like Brazil, Argentina and Peru.
The United States is referred to as the "Land of opportunity" and even though that may have been disproved in this article, the United States is a primary destination for immigration because of its safety. Many immigrants are leaving their home countries to flea from war, violence and poverty.
So maybe the United States may no longer be the land of opportunity,
but it should still be known as the land of the free.