Rich == 2nd Generation American?

I stumbled across a NY Times article about a recent book titled Streets of Gold: America's Untold Story of Immigrant Success which was authored by a couple of economics professors (1 from Princeton, 1 from Stanford). The gist of the book is the surprising (at least to me) finding that (in America) children of immigrants are 50 percent more likely to end up in the upper or upper-middle class than are children of people who were born in the USA. The authors' explanation of why this has happened: immigrants tend to move to areas where the economy is growing, which results in improved opportunities for their children, while existing residents tend to remain where they are even if the local economy is in decline.

https://www.nytimes.com/interactive/...Iy0MAeBcES3034

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