The sociologist Michael Hout reports that “the affluent were about as happy in 2012 as they were in the 1970s, but the poor were much less happy. Con… - Robert D. Putnam

Generally speaking, lower-tier grandparents mostly donate time, replacing parental resources, whereas upper-tier grandparents mostly donate money, supplementing parental resources

The fierce and growing hostility to “plutocracy” at the opening of the twentieth century reflected moral outrage about inequality that had been absent during the Gilded Age with its emphasis on social Darwinism and the rights of ownership. This normative change was temporarily disrupted by the Red Scare of the 1920s, but the utter devastation of the Great Depression gave renewed force to the ideals of social solidarity instead of naked individualism, even among Republicans like Herbert Hoover.120 The widely shared sacrifices of World War II strongly reinforced egalitarian norms among the Greatest Generation, who would then dominate American society and politics for a quarter century after the war.

Without succumbing to political nightmares, we might ponder whether the bleak, socially estranged future facing poor kids in America today could have unanticipated political consequences tomorrow. So quite apart from the danger that the opportunity gap poses to American prosperity, it also undermines our democracy and perhaps even our political stability.