SOCL 3505 Lecture 3: WEEK 3

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8 Feb 2017

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** see first few slides for graphs**
Big decrease in poverty among ages 65+ between 1959-2015
Under the age of 18 has the highest poverty rate but is still lower than it was in 1959
18-24 age group are slightly higher than the 65+ age group
Poverty rates and percent of poverty populations are different based on group size
Poverty dynamics
o Despite popular images, most poverty occurs in spells
o Studies have estimated as many as 1 in 3 americans will experience poverty in their life
Lots of turnover month to month
Estimated that just over 10% remain in poverty to 10 or more years
Despite shortness of common poverty spells, common to fall in and out of
About half of those who climb out of poverty will fall back into poverty within 4
A rage of fators ifluee tie ad poert, soe eaples ilude
macroeconomic climate (is the economy good or bad), and race
Social mobility
o Movement within a system of stratification
o Open systems of stratification
Positions mainly influenced by achieved (earned) statuses
No social constraints on mobility
Encourages competition among members of society
o Closed systems of stratification
Present little or no possibility of social mobility
Positions manly influenced by ascribed (Assigned or born with) statuses
o Most systems are a little bit of both
o Mobility central to narrative of the American dream
o Eidee shos ost Aeria agree ith adage The rih get riher ad the poor get
Trends in income equality certainly support this
o Best available evidence is that US has somewhat less intergenerational mobility tha
many other developed countries
o O the oe had
Vast majority of Americans today have higher family incomes than their parents
Increased family labor supply is a big part
Kids born into bottom income quintile (20%) more likely to surpass their parents
income than those from other income groups
o O the other had
Oe’s rak o ioe ladder highl iflueed  parets ioe
“peial stikiess at the eds hard to get out of poverty or become
more rich than the richest.
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