More on American Inequality and (Lack of) Opportunity
November 17th, 2011
The data is in, again, some more (follow links to related posts, below, for much more): high inequality correlates with low opportunity to climb (or descend) the ladder.
The U.S.? Meritocracy resides elsewhere. (Think: Denmark.)
the United States is among the most unequal and the least mobile of the rich countries, with about 50% of a father’s earnings advantage (or for that matter disadvantage) being passed on to the son.
In Canada this is about 20%, less than half the US figure.
Inequality and Occupy Wall Street 5: decline of the American Dream « milescorak.
I’d thought that the Presidency of George W. Bush had ended this argument forever?
Thanks,
Ole