On the other hand in the United States overall (where the American dream was born of course), only 7.5 per cent of people make it from the bottom to the top of society. Given the common characteristics of the US and Britain, the danger for Britain is it slips down further to this lower level of income mobility – equivalent to a 20 per cent drop on current levels. America’s ‘low opportunity’ areas have long-range mobility as low as 5.5 per cent. That is equivalent to a 40 per cent drop on current levels in Britain. Unless we change matters, the fear is Britain could drop down to these levels of
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