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Americans have a deep-seated, optimistic view of social mobility, rooted in history and rags-to-riches narratives.Americans also believe that with hard work, only 22 percent of children currently in poverty will remain there as adults.In fact, only 8 percent of poor kids will make it to the top, and 33 percent will remain in poverty. In other words, Americans overestimate upward social mobility, and underestimate the likelihood of staying poor for generations.In Europe, many people are more pessimistic about social mobility. Unlike Americans, most Europeans overestimate the odds of remaining in poverty.
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