The Heritage Foundation would think that the American Dream id alive and well. Unfortunately they are wrong. Even the GOP candidates for prez including Romney recognize that fact.
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The Loss of Upward Mobility in the U.S.
Read more: The Loss of Upward Mobility in the U.S. | Moneyland | TIME.com
Economic mobility is becoming a more prominent issue in the 2012 Republican presidential race, and will likely be widely discussed in the general election. The GOP’s remaining top-tier candidates — Mitt Romney, Rick Santorum, Ron Paul and Newt Gingrich — have all sounded the alarm about American decline, promising to restore the “American Dream” and make the pursuit of happiness seem like more of a worthwhile endeavor (as Romney as consistently hammered on about recently). But what’s shocking is that rather than focusing on the American Dream these days, politicians and academics seem to be talking more about the European Dream.
The New York Times reported today on the lack of upward mobility in the U.S., specifically citing comments made by presidential hopeful Santorum that movement “up into the middle income is actually greater … in Europe, than it is in America.” National Review, a conservative weekly, and Rep. Paul Ryan (R-Wisc.) have made similar remarks about economic opportunity in Europe.
Read more: The Loss of Upward Mobility in the U.S. | Moneyland | TIME.com
I remember reading an opinion piece of the Heritage Foundation that workers wages weren't flat because wages hadn't gone down! Heritage is a rightwing think tank who is clueless about the real world. Something like Mitt.
Romney: 'Middle-income' is $200K to $250K
Romney: 'Middle-income' is $200K to $250K- MSN Money
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The Loss of Upward Mobility in the U.S.
Read more: The Loss of Upward Mobility in the U.S. | Moneyland | TIME.com
Economic mobility is becoming a more prominent issue in the 2012 Republican presidential race, and will likely be widely discussed in the general election. The GOP’s remaining top-tier candidates — Mitt Romney, Rick Santorum, Ron Paul and Newt Gingrich — have all sounded the alarm about American decline, promising to restore the “American Dream” and make the pursuit of happiness seem like more of a worthwhile endeavor (as Romney as consistently hammered on about recently). But what’s shocking is that rather than focusing on the American Dream these days, politicians and academics seem to be talking more about the European Dream.
The New York Times reported today on the lack of upward mobility in the U.S., specifically citing comments made by presidential hopeful Santorum that movement “up into the middle income is actually greater … in Europe, than it is in America.” National Review, a conservative weekly, and Rep. Paul Ryan (R-Wisc.) have made similar remarks about economic opportunity in Europe.
Read more: The Loss of Upward Mobility in the U.S. | Moneyland | TIME.com
I remember reading an opinion piece of the Heritage Foundation that workers wages weren't flat because wages hadn't gone down! Heritage is a rightwing think tank who is clueless about the real world. Something like Mitt.
Romney: 'Middle-income' is $200K to $250K
Romney: 'Middle-income' is $200K to $250K- MSN Money