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
