SchwartzReport: Death of the American Dream & Other Pathologies

03 Economy, 07 Other Atrocities, 09 Justice, 11 Society, Commerce, Corruption, Government, Law Enforcement
Stephan A. Schwartz
Stephan A. Schwartz

Five readers sent me this article this morning and told me they felt it perfectly described their lives, and their sense of entrapment. I just hate this trend, but facts are facts.

Economist: I’ve crunched the numbers, and the American Dream is dead

“America has no higher rate of social mobility than medieval England or pre-industrial Sweden,” Clark said. “That’s the most difficult part of talking about social mobility, is because it is shattering people’s dreams.”

Also from SchwartzReport today:

‘Tis The Season To Be Greedy: America’s Largest Companies Pay CEOs More Than They Pay In Taxes

Bill Moyers: The Long, Dark Shadow That Plutocracy Casts on American Society