Earnings in the U.S.: A Game of Chutes and Ladders

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Making it to the top may be the American dream. But getting there is easier than staying there.

Making it to the top may be the American dream. But getting there may be easier than staying there.

Over roughly 40 years, 70% of the population made it into the top 20% of earners for at least one year, according to researchers at Cornell University and Washington University in St. Louis. But only about 21% remained there for 10 consecutive years, and even fewer clung to the top rung for a solid decade.

 

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A reminder that if you didn’t spend 5$ a day on coffee you could spend that $1,825 a year paying for...about 8 days of college.

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hence why realDonaldTrump is a genius, by definition.

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 /  🏆 98. in İR

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