We like to tell ourselves that America is the land of opportunity, but the reality doesnt match the rhetoric—and hasnt for awhile. We actually have less social mobility than countries like Denmark. And thats more of a problem the more inequality there is. Think about it like this: Moving up matters more when theres a bigger gap between the rich and poor. So even though mobility hasnt gotten worse lately, it has worse consequences today because inequality is worse.
Posted on: Mon, 28 Jul 2014 05:56:27 +0000
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