As the Brookings Institution has pointed out, nowadays in America, more inequality leads to less mobility and the economic justice is becoming more and more unattainable. Our American Dream should be based on the attainability to change one’s social economic status (SES) through hard work and effort. But that is much harder to achieve as Tim Noah writes. It is harder to climb our social ladder when the rungs are further apart. High-income kids who don’t graduate from college are 2.5 times more likely to end up rich than low-income kids who do get a degree. Achieving economic justice appears to be stuck in a vicious cycle that starts from one generation to the other and leads to problems to current society.
For more information: http://cfor.cc/11R7J0I