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Money and Finances
Reply to "The Social Class Ladders—Labor, Gentry, and Elite"
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[quote=Anonymous]There's a lot of social mobility in this country, at least moving from top to bottom. On my Dad's side, several GG Grandparents were fancy New York E1s -- mansions on 5th ave, country estates, membership in elite clubs and Mrs. Astor's 400, etc -- but I'm now a G2 at best. Same for my wife. Some of my cousins and connections are still E1s, but some have slipped to hybrid G4/L1 status. My Dad still considers himself to be an E, but his financial and living situation is more like an L (which happens when you quit work in your 40s to spend down inherited capital...). [/quote]
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