New data show that joining the 1% remains unsettlingly hereditary
So? Whats the issue? That&#x27;s the point. I work hard to help my kids. They&#x27;re <i>supposed to be better off because of my work</i>. That&#x27;s the reason many of us get up in the morning. Dont take that away from me.<p>If my hard work wasn&#x27;t reflected in the data, why would I work hard? Why would I care about bettering my kids if it had absolutely no impact on how well they would do?<p>Some people are acting like this is a problem. And to some small degree it is. But the <i>opposite</i> would be a <i>much</i> bigger problem.<p>Of course, a good parent teaches their kids how to fish, not just gives them fish. If anything this study just shows that successful parents are good at teaching their kids to be successful.