The rich are getting richer and the poor are getting poorer. Cliché, sure, but it’s more true than at any time since the Gilded Age.While politicians gloat about our “recovery,” our poor are getting poorer, our average wages are still falling behind inflation, and social mobility is at an all-time low.
But, yes, if you’re in that top 1%, life in America is grand.
The last two decades were great...if you were a CEO or business owner or banker or trader. Not if you were anyone else.
Despite the myth of social mobility, poor Americans have a SLIM CHANCE of rising to the upper middle class
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