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http://www.csmonitor.com/2003/0127/p21s01-coop.html
'Upward mobility' in real decline, studies charge
By David R. FrancisMany older Americans were raised on Horatio Alger novels, the stories of poor boys using their wits and pluck to rise from rags to riches.
Success stories still happen, of course. Nowadays girls also rise from poverty to prosperity.
But for most of the poor, the United States is no longer the land of opportunity. Economic research in the past decade has found that upward mobility has faded; most of the children of rich parents stay rich and the children of the poor remain poor. [...]