SuaveSocialist said:
The poor have a much better shot in every other 1st World country. Wages have not kept up with the cost of living/inflation and income inequality has been steadily making the Middle Class more poor. This hasn't occurred to the same extent in other 1st World countries as it has in the US. The chance for upward mobility is much better elsewhere and it continues to worsen and worsen faster in the US. At least the US isn't as bad as Russia. Way to set the bar high. |
I just wanted to add to this with a few links:
http://www.epi.org/publication/usa-lags-peer-countries-mobility/
http://money.cnn.com/2013/12/09/news/economy/america-economic-mobility/ http://www.usatoday.com/story/money/personalfinance/2015/04/25/cheat-sheet-american-dream/26247267/ http://www.sciencedirect.com/science/article/pii/S0022103115000062
America has been lagging behind many other developed nations in social mobility for sometime now, not JUST Denmark and the Netherlands (though yeah, they are at the top of a lot of lists, including this one). DEVELOPED is an important qualifier, btw. Still, at least we are ahead of the UK, albeit barely.







