Social Mobility measures both people going up and down in social class, and its relative rather than absolute - it’s a measure of movement between social classes in society, not about children being wealthier than their parents.
Your entire line of argumentation to deny it (one wonders what’s your motivation to do so) is completely wrong because you don’t even know what it actually means.
Rather than a wall of text of denialism, how about you provide an alternative explanation for the status of modern America compared to the days when a single white collar worker could earn enough to feed a family of 5 and have a car and a nice house.
Or is it your whole point that America is just fine and has never been better?!
Social Mobility measures both people going up and down in social class, and its relative rather than absolute - it’s a measure of movement between social classes in society, not about children being wealthier than their parents.
Your entire line of argumentation to deny it (one wonders what’s your motivation to do so) is completely wrong because you don’t even know what it actually means.
Rather than a wall of text of denialism, how about you provide an alternative explanation for the status of modern America compared to the days when a single white collar worker could earn enough to feed a family of 5 and have a car and a nice house.
Or is it your whole point that America is just fine and has never been better?!