Sunday, February 12, 2012

Jim Hightower: “Getting Stuck On America’s Economic Ladder”

Jim Hightower comments that the Horatio Alger myth is proving to be just that–a myth. He cites recent studies finding that, despite the denials of Republicans, the U.S. now has less economic mobility than comparable nations. Hightower believes that “class stickiness” will persist “as long as top corporate and governmental leaders deliberately widen the chasm separating the rich from the rest of us.” Listen:

(h/t: Best of the Left Podcast)

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