1) In terms of income, absolute mobility looks good...
...but relative mobility is less so. If there were perfect mobility, each of the components per column in the figure below would assume the same size. However, a disproportionate amount of the poorest children stay poor as adults (in the same way a lot of the rich remain rich in adulthood).
2) As for wealth, much fewer are able to exceed their parents' wealth in absolute terms...
...and relative mobility is just as bad as with income.
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