Reaganphones? Nah Bubba
Artificial standards? lol
Harder for Americans to Rise From Lower Rungs
But many researchers have reached a conclusion that turns conventional wisdom on its head: Americans enjoy less economic mobility than their peers in Canada and much of Western Europe. The mobility gap has been widely discussed in academic circles, but a sour season of mass unemployment and street protests has moved the discussion toward center stage.
Former Senator Rick Santorum of Pennsylvania, a Republican candidate for president, warned this fall that movement “up into the middle income is actually greater, the mobility in Europe, than it is in America.” National Review, a conservative thought leader, wrote that “most Western European and English-speaking nations have higher rates of mobility.” Even Representative Paul D. Ryan, a Wisconsin Republican who argues that overall mobility remains high, recently wrote that “mobility from the very bottom up” is “where the United States lags behind.”
Liberal commentators have long emphasized class, but the attention on the right is largely new.
“It’s becoming conventional wisdom that the U.S. does not have as much mobility as most other advanced countries,” said Isabel V. Sawhill, an economist at the Brookings Institution. “I don’t think you’ll find too many people who will argue with that.”
http://www.nytimes.com/2012/01/05/us/harder-for-americans-to-rise-from-lower-rungs.html?_r=0
CBO finds that, between 1979 and 2007, income grew by:
275 percent for the top 1 percent of households,
65 percent for the next 19 percent,
Just under 40 percent for the next 60 percent, and
18 percent for the bottom 20 percent.
Reaganphones? Nah Bubba
Artificial standards? lol
Harder for Americans to Rise From Lower Rungs
But many researchers have reached a conclusion that turns conventional wisdom on its head: Americans enjoy less economic mobility than their peers in Canada and much of Western Europe. The mobility gap has been widely discussed in academic circles, but a sour season of mass unemployment and street protests has moved the discussion toward center stage.
Former Senator Rick Santorum of Pennsylvania, a Republican candidate for president, warned this fall that movement “up into the middle income is actually greater, the mobility in Europe, than it is in America.” National Review, a conservative thought leader, wrote that “most Western European and English-speaking nations have higher rates of mobility.” Even Representative Paul D. Ryan, a Wisconsin Republican who argues that overall mobility remains high, recently wrote that “mobility from the very bottom up” is “where the United States lags behind.”
Liberal commentators have long emphasized class, but the attention on the right is largely new.
“It’s becoming conventional wisdom that the U.S. does not have as much mobility as most other advanced countries,” said Isabel V. Sawhill, an economist at the Brookings Institution. “I don’t think you’ll find too many people who will argue with that.”
http://www.nytimes.com/2012/01/05/us/harder-for-americans-to-rise-from-lower-rungs.html?_r=0
CBO finds that, between 1979 and 2007, income grew by:
275 percent for the top 1 percent of households,
65 percent for the next 19 percent,
Just under 40 percent for the next 60 percent, and
18 percent for the bottom 20 percent.
Those are very nice graphics. I am talking about self actuation which you clearly do not understand. Based on what you provided you were spoon fed a mindset and a level of expectation which you never rose above. Keep on believing in your own limitations that are set by others.
Reaganphones? Nah Bubba
Artificial standards? lol
Harder for Americans to Rise From Lower Rungs
But many researchers have reached a conclusion that turns conventional wisdom on its head: Americans enjoy less economic mobility than their peers in Canada and much of Western Europe. The mobility gap has been widely discussed in academic circles, but a sour season of mass unemployment and street protests has moved the discussion toward center stage.
Former Senator Rick Santorum of Pennsylvania, a Republican candidate for president, warned this fall that movement “up into the middle income is actually greater, the mobility in Europe, than it is in America.” National Review, a conservative thought leader, wrote that “most Western European and English-speaking nations have higher rates of mobility.” Even Representative Paul D. Ryan, a Wisconsin Republican who argues that overall mobility remains high, recently wrote that “mobility from the very bottom up” is “where the United States lags behind.”
Liberal commentators have long emphasized class, but the attention on the right is largely new.
“It’s becoming conventional wisdom that the U.S. does not have as much mobility as most other advanced countries,” said Isabel V. Sawhill, an economist at the Brookings Institution. “I don’t think you’ll find too many people who will argue with that.”
http://www.nytimes.com/2012/01/05/us/harder-for-americans-to-rise-from-lower-rungs.html?_r=0
CBO finds that, between 1979 and 2007, income grew by:
275 percent for the top 1 percent of households,
65 percent for the next 19 percent,
Just under 40 percent for the next 60 percent, and
18 percent for the bottom 20 percent.
Those are very nice graphics. I am talking about self actuation which you clearly do not understand. Based on what you provided you were spoon fed a mindset and a level of expectation which you never rose above. Keep on believing in your own limitations that are set by others.
Oh you mean that mythical pull yourself up by your bootstraps BS? How does that work in MOST 3rd world nations again? Compare the US to other industrialized nations? lol
If it weren't for false premises, distortions and lies, what would the right EVER have???
ONE policy conservatives have EVER been on the correct side of US history on ANY policy please?
Conservatives simplistic minds
If you are rich it is because of your merits. If you are poor its because of your faults.
In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.
In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.
Summary of Latest Federal Income Tax Data Tax Foundation
GOV'T POLICY MATTERS !!!
Whose money is it? The Government's? The Peoples'? You want to take more hard earned money of someone who risked their money, time, and put effort? You run on that platform. Continue to demonize the risk takers. The people you really need to be demonizing are the wealthy, not the high income earners.
