Of Americans born in 1940, 92 percent went on to earn more than their parents; among those born in 1980, just 50 percent did. Over the course of a few decades, the chances of achieving the American dream went from a near-guarantee to a coin flip.
https://www.theatlantic.com/ideas/archive/2023/11/new-deal-us-economy-american-dream/676051/
@Wbtphdjd the title of the article is
Why America Abandoned the Greatest Economy in History
Was the country’s turn toward free-market fundamentalism driven by race, class, or something else? Yes.