Saturday, September 22, 2012

Post #4 Downward Path of Upward Mobility

1. Fareed Zakaria thinks that social mobility is going down in the United States because evidence shows how  it has stalled in our country. The US welfare spends very little on the poor, in the past moving up in America was more probable than moving up in society today. I agree with Zakaria, when you're born into poverty, the chances of you moving up in status is not as high compared to other places in the world. America isn't what it used to be.

2. The biggest factor for getting the US back on track with the American Dream and social mobility is income inequality. Tax increases on the rich will do little to change the basic trend. This is making it hard for the US to have social mobility because it's more difficult to earn as much money as a rich person.

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