This in turn would make sense if the parents are employed in occupations with a lower skill premium.

FORBES: Stagnation and Recession

The rising skill premium has rewarded those with lots of education, and social shifts have reinforced the income concentration.

ECONOMIST: The United States: The rich and the rest | The

If that's reassuring for democracy, if that ultimately puts a premium on political skill, on the art of persuasion, on one person one vote, it's also how hope turned to nope.

FORBES