THIS IS MY SCRAPBOOK, MY BLOG, MY RANT RAG AND POET'S CORNER. ADDITIONALLY, AN IMPORTANT FUNCTION OF THIS BLOG IS THAT IT ALLOWS ME TO STORE LECTURES AND TALKS WHICH I FIND NECESSARY NEARBY FOR REFERENCE.
Monday, January 16, 2012
Yesterday, Today and Tomorrow
"The Times recently reported on a well-established finding that still surprises many Americans when they hear about it: although we still see ourselves as the land of opportunity, we actually have less intergenerational economic mobility than other advanced nations. That is, the chances that someone born into a low-income family will end up with high income, or vice versa, are significantly lower here than in Canada or Europe."
Personally, I have noticed how children of my economic class and of those following have not fared as well as my generation. I see brakes being applied to the middle class and individuals falling and not recovering.
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