Re:MIT economist aims to move the inequality discussion beyo...
by lotsofpulp on Saturday May 31, 2014 @04:35PM
(#7827173)
>Income mobility in the US hasn't changed.
This may or may not be true, but it's not important. What is important is that a society where there is a gap between those with education, wealth, and power and those without is (presumably) less stable than one in which everyone feels as if they are in the same boat.
Additionally, I would postulate that creating a class of people who are less educated and where both parents need to work 40 or more hours a week will not create ideal households for raising children (when looked at in aggregate). They also seem to have their children at younger ages, and higher divorce rates, which again, may not lead to desirable outcomes.
This may or may not be true, but it's not important. What is important is that a society where there is a gap between those with education, wealth, and power and those without is (presumably) less stable than one in which everyone feels as if they are in the same boat.
Additionally, I would postulate that creating a class of people who are less educated and where both parents need to work 40 or more hours a week will not create ideal households for raising children (when looked at in aggregate). They also seem to have their children at younger ages, and higher divorce rates, which again, may not lead to desirable outcomes.