Tag Archives: working class

How Civil Asset Forfeiture Reduces Economic Mobility

How Civil Asset Forfeiture Reduces Economic Mobility

Income mobility in the United States has stagnated, a fact that hurts the poor most of all. If President Trump wishes to keep his promises to help low-income Americans escape poverty, he should instruct his administration to jettison, rather than expand, non-criminal asset forfeiture.

Non-criminal asset forfeiture lets government agents seize Americans’ assets (cash, but also cars and even houses) on the mere suspicion that they were involved in a crime. Asset forfeiture is intended to deprive criminals of their ill-gotten gains, but frequently enables police to take the property of Americans who remain innocent in the eyes of the […]

The Hoarding of the American Dream


There’s a certain type of financial confessional that has had a way of going viral in the post-recession era. The University of Chicago law professor complaining his family was barely keeping their heads above water on $250,000 a year . This hypothetical family of three in San Francisco making $200,000, enjoying vacations to Maui, and living hand-to-mouth. This real New York couple making six figures and merely “ scraping by .”

In all of these viral posts, denizens of the upper-middle class were attempting to make the case for their middle class-ness. Taxes are expensive. Cities are expensive. Tuition is […]

Social Mobility

Social Mobility

Social Mobility, the degree to which people in a society can move along the social scale

Social mobility has come to be associated with a stratified order, but it could refer to any movement between positions in society, horizontally as well as vertically, and over time. The positions are usually identified as economic or geographic. It has proved convenient to confine it to move within an occupational or class hierarchy, though some studies take into account mobility over three or more generations. A distinction between the social mobility of groups and individuals is also drawn in literature. Thus some […]

Trump’s Tragedy


When President Donald Trump was first elected, I naively wanted him to succeed. I strongly supported Secretary Hillary Clinton during her presidential race and was deeply upset when she lost. Nevertheless, I remained guardedly optimistic about Trump. Maybe he was misunderstood? As an American, I had difficulty believing that our country would support an individual of such irredeemable character. I wanted my president to prosper regardless of political party; perhaps change wasn’t so bad.

After all, Trump was an embodiment of change. He wasn’t linked to the political establishment that was seemingly hated more by many Americans with each passing […]

How Civil Asset Forfeiture Reduces Economic Mobility


Income mobility in the United States has stagnated, a fact that hurts the poor most of all. If President Trump wishes to keep his promises to help low-income Americans escape poverty, he should instruct his administration to jettison, rather than expand, non-criminal asset forfeiture.

Non-criminal asset forfeiture lets government agents seize Americans’ assets (cash, but also cars and even houses) on the mere suspicion that they were involved in a crime. Asset forfeiture is intended to deprive criminals of their ill-gotten gains, but frequently enables police to take the property of Americans who remain innocent in the eyes of the […]

A New Democratic Slogan? Your Choices


Young Jerks A common theme was clear as readers offered more than 1,200 alternatives to the Democrats’ new slogan, “A Better Deal”: The party needs to offer a positive, inclusive, empathetic message. Variations of “We the People” and “The Real Deal” were especially popular.

Democratic leaders, are you listening?

“We’re With You: We’re Democrats” We’ve got to identify with the voters and show empathy. And we’ve got to shake off the label “elitist.” We, too, work, pay our bills, worship, love our families and respect the Constitution. The slogan is upbeat and rings true to our history […]

This Is the Wrong Way to Fight Inequality


So first, the good news: The notion that income inequality has caused harm in America has finally broken into the hubs of elite opinion. The sort of socio-political tastemaker who not so long ago denied the problem, has moved on to dissembling about it instead. That’s progress, of a sort. DREAM HOARDERS: HOW THE AMERICAN UPPER MIDDLE CLASS IS LEAVING EVERYONE ELSE IN THE DUST, WHY THAT IS A PROBLEM, AND WHAT TO DO ABOUT IT by Richard ReevesBrookings Institution Press, 240 pp., $24.00 Dream Hoarders, a book by Brookings senior fellow Richard Reeves, is the latest entry into […]

Why does income inequality matter | Page 5

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Your expectation is completely impossible to have take place on a wide scale. Very very few people rise from poor to billionaire. And it’s pretty damn amazing 30 something out of 70 of the worlds richest people did just that.

The realistic outcome is every generation moves a rung up the ladder. That is exactly what happens in America if you,

Stay off drugs Don’t have a child before 23 (I would have to check that exact number, it may even be lower) Raise a child in a two parent household.[…]

These Groups Help Young French Immigrants Gain Social Mobility


In France’s beleaguered suburbs, grassroots organizations are picking up the slack and working towards a more equitable society

Despite having the highest welfare spending in the EU, France’s meritocratic approach to social mobility has faltered. Children of blue collar workers have a 10 percent chance of landing white collar jobs, and according to an Organization for Economic Co-operation and Development (OECD) report , it’s harder for young French immigrants to move up the social ladder than anyone else. While the state pays for education, healthcare and unemployment benefits, it has failed to foster equal economic opportunity to tackle its […]

How Civil Asset Forfeiture Reduces Economic Mobility

How Civil Asset Forfeiture Reduces Economic Mobility

Income mobility in the United States has stagnated, a fact that hurts the poor most of all. If President Trump wishes to keep his promises to help low-income Americans escape poverty, he should instruct his administration to jettison, rather than expand, non-criminal asset forfeiture.

Non-criminal asset forfeiture lets government agents seize Americans’ assets (cash, but also cars and even houses) on the mere suspicion that they were involved in a crime. Asset forfeiture is intended to deprive criminals of their ill-gotten gains, but frequently enables police to take the property of Americans who remain innocent in the eyes of the […]