Don't dream it's over...

R.I.P....the American Dream?

Economist Gregory Clark of UC-Davis says he's done the research and Americans have no more chance of social mobility than did those folks who lived in ye olde Medieval England--and that our rate of social mobility has worsened over the past 100 years.

Clark also notes that where you end up financially has mostly to do with where your lineage is at financially, i.e., if you weren't born rich you aren't going to be rich.

He also says that his students have a tough time accepting this--which could go a long way toward explaining why we don't see a lot more progressive politicians in office.

Because the first step toward changing problem behavior is admitting there's a problem in the first place.

Peace,
emaycee