Tag Archives: 99

“It’s Okay if Jones Is Rich as Long as I Can Get a Little Richer”

Harvard economist Martin Feldstein, who was Ronald Reagan’s chief economic guru, strongly opposed the notion that the disparity between rich and poor has reduced social mobility in the US to be a falsehood. He claimed today that the operative rule of social mobility in America is “It’s okay if […]

Click here to view original web page at www.forbes.com

Is America’s Economic Mobility Exceptional?

If there’s one agreed upon tenet of American exceptionalism it’s that an individual, regardless of economic origins, can  rise from his/her economic origins to higher socio-economic status  through individual initiative, hard work and ability  This belief goes to the heart of the notion that America is the “land of […]

Click here to view original web page at www.decisionsonevidence.com

Why the Obscenely Wealthy Whine When They Have It So Good

(Photo: Gamma Man ) Romney’s 47% comments are exactly what wealthy conservatives think: that they are the true victims. So, Mitt Romney now tells Sean Hannity he was “completely wrong” about the 47%.  On the surface that looks like a typical etch-a-sketch campaign pivot. But I think there is more […]

Click here to view original web page at truth-out.org