The following data comes form the U.S. Census Bureau. Compare the differences before 1979 to after 1979 and the impact on families in America.
What do you think of the trends in our economy that these two graphs detail for the periods from 1947 to 2008?
Do you see any solutions to these trends that can be taken at the national or state level?
The incredible good fortune for those earning over $500,000 per year mirrors the falling of the chances for most everyone else to be upwardly mobile in social and economic areas?
Why do you suppose that is?
Decades ago, the U.S. led the world in the chances for its citizens to be upwardly mobile - moving from low to middle or middle to high economic levels. Why do you suppose the U.S. has been falling behind in the ability of its citizens to be upwardly mobile and has been passed up by Denmark, Australia, Norway, Finland, Canada, Sweden, Germany and Italy?
Do you see the impact of this data on our children, and their children and basically everyone who has joined the workforce since 1979?
Do you think it is merely a coincidence that the good fortunes of those earning more than $500,000 per year directly mirrors the chances for low and middle level citizens to improve their situation during that same time period?
Do you see any solutions to these trends that can be taken at the national or state level?
The incredible good fortune for those earning over $500,000 per year mirrors the falling of the chances for most everyone else to be upwardly mobile in social and economic areas?
Why do you suppose that is?
Decades ago, the U.S. led the world in the chances for its citizens to be upwardly mobile - moving from low to middle or middle to high economic levels. Why do you suppose the U.S. has been falling behind in the ability of its citizens to be upwardly mobile and has been passed up by Denmark, Australia, Norway, Finland, Canada, Sweden, Germany and Italy?
Do you see the impact of this data on our children, and their children and basically everyone who has joined the workforce since 1979?
Do you think it is merely a coincidence that the good fortunes of those earning more than $500,000 per year directly mirrors the chances for low and middle level citizens to improve their situation during that same time period?
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