When you begin a post by stating an open lie, I don't even bother going to the second sentence.
I NEVER claimed that "over the last 30 years upward mobility for 99% of Americans had stopped or fallen!
If you had taken the time to listen to the discussion I posted, you would KNOW what I said. . .which is what the statistics offered by the authors of "Winner takes all" explain in that discussion.
In the last 30 years, upward mobility for 99% of the people have slowed to a crawl, and for some has regressed IN SPITE of an increase in productivity due to longer hours, and even more education. In the other hand, the top 1% has seen its income increased by 256% (the top 0.1 % by much more than that!) while the rest of the population has seen their income (adjusted for inflation) go up (in spite of the increased productivity and increased education) by only an average of 20 to 25%.
And I posted a source that shows that upward mobility in other countries has much surpassed that in this country.
The "upward mobility" to a quintile that is ALSO poverty and for only about 1/2 of the people who were born in abject poverty is NOTHING to be proud of in a supposedly "great, developped country!"
Especially when the income of those two bottom quintiles has SLID DOWN when compared to that of the top 1/20 of the upper quintile!
You can argue until you are green in the face to try to support your illusions, but the facts are easy to check for anyone with half a brain.
And. . .I believe you are not stupid. . .so you must be dishonest.
