fragMasterFlash: 1 percent, 99 percent, you all wish you were hung like me.
Man On Pink Corner: It must drive people like Stiglitz apeshiat when someone actually does make something of themselves in this country.
NewportBarGuy: unyon: Income elasticity in the US now falls near the bottom of industrialized nations.Combine the population of the countries that "beat" us on that chart. Still not buying it. You can still make it here. It's the main reason we get so many immigrants. Not for the welfare, because they believe they can make it here.
WorldCitizen: Here's a decent start.Mobility in earnings across pairs of fathers and sons is particularly low in France, Italy,the United Kingdom and the United States, while mobility is higher in the Nordiccountries, Australia and Canada.
doglover: THAT'S WHAT SHE SAID!
Atomic Spunk: My dream is to be balls deep in an Asian chick while a white girl licks my nuts and a Latina girl shoves her butthole in my face for me to lick. It will happen one day. It's not a goddamn myth, OK?
SouthParkCon: Because capitalism is the root of all evil....
Fano: Gordon Sinclair offers a rebuttal
NewportBarGuy: You can still make it here. I
Ennuipoet: Joseph the country was founded by rich, white, slave holding aristocrats who restricted suffrage to their class.
Forbidden Doughnut: Fano: Gordon Sinclair offers a rebuttalThat speech is from 1973....
WhyteRaven74: Which the other countries aren't facing.
neongoats: I'm not sure where I was going with this, other than to sink home te point that this invented in the 50s "American Dream" crap has always only really applied to the people who already were mostly there from the start.
neongoats: There are so many problems here..1st)unlike people that willfully ignore facts, pretty much everyone can agree on the fact(supported by facts), that economic mobility has been on the decline since Reaganomics put our nation permanently in debt.2nd)all this "American Dream", "American Exceptionalism" crap is just that, crap. Crap fed to the public by and large by people who were born rich and work out of boredom or to have a purpose to their lives, not to provide for basic necessities like shelter food and medical care. It's an attempt to make you think that, by golly, hard work will get you that suburban home, and some peace and security, when..3rd)pretty much everyone who has actually been employed for more than a decade will tell you that hard, diligent, quality work, good performance, punctuality, all of the things they try and sell you as important don't actually mean anything. They will always, always, always promote their buddy. Period.4th)if you weren't born into the economic elite, you will never, ever be a part of it. No amount of hard work will do it. As the new port barfly said, it's luck. Lightning strikes more people in the head each year, than who crawl up a class by their good work ethic. There are singular examples to the contrary, and they are all those 1 in 200million chances. They might have all been really hard workers, but it was blind dumb luck that chose to strike them with unfathomable success.5th)post ww2 nostalgia needs to farking die. It's been half a century since we had nearly 100% employment. It was caused by the fact that we were about the only industrial nation whose manufacturing wasn't destroyed in a world spanning war. We will never, ever, ever, EVER see as prosperous a time again.I'm not sure where I was going with this, other than to sink home te point that this invented in the 50s "American Dream" crap has always only really applied to the people who already were mostly there from the start.
wildcardjack: /My only persistent dream is being passed by branches from evil faced cypress tree to evil faced cypress tree.//Since I was six.
neongoats: It's been half a century since we had nearly 100% employment.
Coelacanth: Sometimes I think the only reason I was born in this country was to punish me for something awful I did in a previous life.
NewportBarGuy: I'm pretty sure that most European countries are not seeing enviable wage growth right now
WhyteRaven74: we just have to change how think about things.
NewportBarGuy: neongoats: I'm not sure where I was going with this, other than to sink home te point that this invented in the 50s "American Dream" crap has always only really applied to the people who already were mostly there from the start.What helped immensely was several decades of rapid manufacturing growth fueled by the fact that most of the world was rebuilding from and repopulating after WWII. We had a very easy market to access.It's not as easy these days, and having our best and brightest focused on how to dismantle companies and send them overseas for the past few decades has really twisted the knife in our side.
fusillade762: [d2tq98mqfjyz2l.cloudfront.net image 500x342]/got nuthin'
NewportBarGuy: WhyteRaven74: we just have to change how think about things.No.No.Nope.I mean... I honestly don't know, my friend. You have a bill that provides businesses with a tax credit for hiring new workers... shot down by Senate GOP Filibuster. I'm sorry... "threatened" filibuster. They are all too pussy to do the actual filibuster, or allow it and have to suffer through that horror and miss their silk sheets for a night.We have thought it out. We know the way forward. What we need is for people to stop giving a sh*t which side proposes or passes something to help all of us by helping the economy.This partisan bickery will be the end of us much more surely than unregulated financial instruments.
JungleBoogie: SouthParkCon: Because capitalism is the root of all evil....Don't conflate capitalism, which is a very effective system at providing incentives and allocating resources, and crony capitalism, which is what we have today.
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