Here’s an interesting and less-discussed portion of the now-infamous Mitt Romney fundraising tape, where he explains the importance of being American: Romney told the donors there are people who say to him, “‘Oh, you were born with a silver spoon,’ you know, ‘You never had to earn anything,’ and so forth. And, and frankly, I [...]
The Other Percentage: Mitt Romney’s “95%” Comments and the American Dream |
| By: David Dayen Thursday September 20, 2012 1:01 pm |
EPI Report Shows Inequality, Lack of Mobility Key Challenges for US Economy |
| By: David Dayen Tuesday September 11, 2012 9:42 am |
The Economic Policy Institute delivers an annual analysis of the “State of Working America,” and this year’s version was released today. In their key findings, they lament the rise of “policy-driven inequality,” a condition that, even when the job market improves, leads to the bulk of our economic growth funneling up to the 1%, while [...]
The Troubling Myths of Opportunity and Mobility in the Democratic Convention |
| By: David Dayen Wednesday September 5, 2012 9:40 am |
Just because I don’t want to ignore the two main speeches from last night’s convention, as I feel I did in my initial thoughts on the convention, let me wind back to them. I found them to be mostly similar, and actually, mostly limiting. First Julián Castro, the mayor of San Antonio, spoke of an [...]
Myth of American Upward Mobility Punctured |
| By: David Dayen Thursday January 5, 2012 1:06 pm |
We’ve been talking about income inequality lately, and tied into that is the idea of upward mobility. The United States, in the myths of cock-eyed optimists everywhere, remains the land of opportunity, where everyone can get a fair shot at greatness. But that America hasn’t existed for a while. In fact, as Jason DeParle reports, [...]



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