The American Dream is slipping away faster than we thought

US flags

No longer as upwardly mobile

David L. Ryan/The Boston Globe via Getty

It’s the American dream that upward social mobility can be achieved through hard work, irrespective of a person’s status at birth. New data shows that the reality is rather different, demonstrating that the socio-economic status of someone in the US is more strongly influenced by that of their parents than previously thought.

Sociologist Michael Hout of New York University examined data from more than 20,000 people collected between 1994 and 2016, ranked according to a socioeconomic index (SEI). This combines pay and credentials …

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