BBC News – Davos 2013: Joseph Stiglitz attacks US ‘inequality’

28 Jan

“America likes to think of itself as a land of equality and opportunity, the so-called American dream is very deep to our sense of identity,” he said.

“The stats show otherwise, the US has one of the worst opportunity rates of any of the advanced economies. A child’s life chances are more dependent on the income of his or her parents than most other industrial economies.”

via BBC News – Davos 2013: Joseph Stiglitz attacks US ‘inequality’.

 

Oh no…hand wringing about US inequality…meanwhile the Middle class is watching as their children cannot afford college, can’t get a full time job with benefits, and may never leave home…Had enough austerity yet America?  Had enough Republicans and Democrats working for the highest bidder?

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