Monday, November 28, 2005

Geese, Golden Eggs, and Traps

Geese, Golden Eggs, and Traps: "

'Despite the widespread belief that the U.S. remains a more mobile society than Europe, economists and sociologists say that in recent decades the typical child starting out in poverty in continental Europe (or in Canada) has had a better chance at prosperity.' -- David Wessel, Wall Street Journal

An Issue Discovered

Inequality Makes the Mainstream

By John Mark Summers

WHEN the Wall Street Journal, the Los Angeles Times, and the New York Times publish multi-part series on the same subject, something must be afoot.

And no, we’re not talking about runaway brides or the latest strange turn in reality TV. What has engaged the attention of three of America's most respected daily newspapers (though each looks at the problem from its own angle) is the growing concentration of wealth and income in the United States."

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