= new reply since forum marked as read
thank you for kicking. I can always count on you to kick ops I post with important information. This is a bookmark type of OP- and great for arguing with republican types.
Yes, I had seen a couple of those charts before, but it is nice to have them all collected in one place.
btw, I think every analysis I have seen the of the intergenerational mobility chart misses the mark. Nobody yet has mentioned what seems obvious to me--that being that wherever there is a long legal history of low wages and exploiting labor, economic mobility is reduced.
Delaware is low (even though it's now a liberal, Democratic State). Delaware was a slave state. Same goes for Maryland. Liberal now, but, as a former slave state, it shows lower economic mobility. Then look at West Virginia (higher economic mobility). Note that WV broke away from VA over the issue of slavery, thus it lacks a legal history of low wages and labor exploitation. Miners make high wages, even though, historically, they had to spend most of it at the company store.
It appears to me that low wages and the legal exploitation of labor are the principal causes of low economic mobility.
Either way, thanks for the post.
-Laelth
Note how the rise of the middle class, essentially following WWII when the wealthy were paying their "fair share," begins to decline toward the end of the 1970s when the One Percenters begin amassing their wealth on the backs of American workers under the guise of "trickle down."
The article states that the US is on a par with Sweden and Denmark when it comes to pre-tax inequality, it's after tax and transfers where we have the problem. In that area we're the worst of all 22 countries.
