Detailed text transcripts for TV channel - FOXNEWS - 20140202:20:13:00
Mobility, the ability to start out in humble circumstances and to rise in america. it's roughly 70% of the population that begins in the lowest 20% of the income bracket at birth ends up in a higher bracket. this is what you would hope for in an american system that allows people to rise on their talent and hardple work. >> that was over about 20 years so it is a very long study, very detailed; i.r.s. records, a lot of detail. very, very comprehensive study. >> very thorough. you're seeing people with the ability to rise. you're also seeing people with the ability t wo fall. there is a narrati...
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