. . . unless we change them soon, and in a fashion much different from what Arne Duncan wants.
Contrary to the cherished beliefs of most Americans, the United States has less social mobility than any other developed country. As Ron Haskins and Isabel Sawhill of the Brookings Institution have shown, 42 percent of American men with fathers in the bottom fifth of the income distribution remain there as compared to: Denmark, 25 percent; Sweden, 26 percent; Finland, 28 percent; Norway, 28 percent; and Britain, 30 percent. The American Dream is fast becoming a myth.
Tea Partiers, most of them, believe they have a vested interest in keeping things that way, to preserve their own modest economic achievement. And those at the top? They delight in a little bit of “Let’s You and Him Fight.”
Quiggin’s article at Foreign Policy introduces five of the ideas in his new book, Zombie Economics; well worth the read.
Posted by Ed Darrell 
Millard Fillmore's Bathtub 