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American Families' Ability to Climb the Economic Ladder Still Depends on Parents’ Income
RayWatkins
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11-18-2007 4:33 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/60a79e1f-52fb-4825-b418-bb75c827a6c1/141F7BA0-9214-4B45-A82E-2630A58112E3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.pewtrusts.org/news_room_ektid31110.aspx" href="http://www.pewtrusts.org/news_room_ektid31110.aspx" style="font-size: 11px;">www.pewtrusts.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.pewtrusts.org/news_room_ektid31110.aspx"><DIV><SPAN class="heading">Washington, DC - 11/13/2007 - </SPAN> Two-thirds of American families are earning more today than their parents did a generation ago, yet their likelihood of moving up—or down—the economic ladder still depends in large measure on their parents’ position, according to a new report issued by The Economic Mobility Project, an initiative of The Pew Charitable Trusts. Comprised of a Principals’ Group of experts from The American Enterprise Institute, The Brookings Institution, The Heritage Foundation and The Urban Institute, the project seeks to investigate the status of economic mobility in America.</DIV><BR /><DIV> The project issued three reports today, each authored by Julia B. Isaacs, Child and Family Policy Fellow at Brookings, examining economic mobility across generations. The first looks at how families have fared over the last 30 years, while the other reports investigate differences in mobility by race and gender.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/141F7BA0-9214-4B45-A82E-2630A58112E3/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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