Americans caught in poverty traps harbor unrealistic expectations
The New York Times reports: A widening income gap and sagging social mobility have left dents in the American dream. But the belief that anyone with enough gumption and grit can clamber to the top remains central to the nation’s self-image. And that could complicate Democratic efforts to frame the 2020 presidential election as a referendum on a broken economic system. Americans, who tend to link rewards to individual effort, routinely overestimate the ease of moving up the income ranks,…