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I'm pretty sure people are going to continue to be pissed off about some lucky assholes winning the birth lottery and cashing in their ticket to further profit
by knieveltech 9y ago
I'm pretty sure people are going to continue to be pissed off about some lucky assholes winning the birth lottery and cashing in their ticket to further profit off the labor of others less fortunate regardless of what kind of media spin you try to put on it.
- WalterBright 9y agoWhat do you attribute the success of Bruno Mars too?
- knieveltech 9y agoI don't know who that is but I strongly doubt their career in any way dismisses the lack of class mobility in the US. https://www.theatlantic.com/business/archive/2015/07/america-social-mobility-parents-income/399311/ https://www.theatlantic.com/business/archive/2015/07/america...
- WalterBright 9y agoBruno Mars has been profiled on "60 Minutes" a couple times because he's a classic rags-to-riches story.
- WalterBright 9y agoBy the way, high taxes makes upward class mobility much more difficult.
- knieveltech 9y agoI'm guessing you aren't conversant with how taxation and class mobility have changed over the last 40 years. Let me save you the suspense: you're wrong.
- WalterBright 9y agoTaxes went up, class mobility went down.
- jernfrost 9y agoMarginal tax rate in the US has fallen like a rock since Reagan got into government. The exact same time class mobility went down as well. If you look at the statistics class mobility is highest in high taxed Nordic countries. Low tax anglo-saxon countries are usually pretty bad at this. The UK follows much of the same ideology as the US and also has among the lowest mobility in Europe. It is nothing weird about this really. Higher taxed countries are able to offer better public education and health care which gives the lesser of actually stand a chance of making it. In the US the system is especially rigged. There is no free school choice, so you are forced to go to the public school in your shitty neighborhood if you are poor, while the rich through never ending donations enjoy schools with abundant resources. And even if the schools were good you would be screwed before you even get in, because the US does not offer quality child care to poor people. Research shows the years before school is the most important for future development. I live in a poorer area of Oslo, but I could if I wanted to send my kids to the schools in the richest part of town without any extra cost to me. But it isn't really important as school quality is pretty even, through proper public funding rather than relying on private donations. Also we get subsidized child care of a quality that typically only upper middle class buy in the US. If you don't even the playing field in a persons early years you are not going to see much social mobility.
- WalterBright 9y agoThe marginal income tax rate is only a small part of the taxation story in the US. http://www.usgovernmentspending.com/us_20th_century_chart.html http://www.usgovernmentspending.com/us_20th_century_chart.ht... Note the ever larger share of government spending as a percentage of the GDP. This doesn't happen unless taxes, in one way or another, go up.
- knieveltech 9y agoYou're right. I misread and then promptly showed my arse. I'm going to claim Aahz's Law here in an attempt to save face.