There is still one part of the country where the poor can become successful: Salt Lake City. If you’re in the bottom 20 percent of incomes and living in Charlotte, North Carolina, you only have a 4 percent chance of making it into the top 20 percent. But in Salt Lake City, poor people have a 10.8 percent chance of being rich. That’s very close to Denmark, where the poor have an 11 percent chance of becoming rich.
Poverty Measures Don’t Accurately Measure Poverty
Poverty measurement guidelines are frequently used as a tool to determine who qualifies for government benefits and other assistance. The problem is that these guidelines do not accurately reflect a family’s financial situation or whether or not a family is...
