In a sign of the fading American Dream, 92 percent of children born in 1940 earned more than their parents, but only half of those born in 1984 can say the same, researchers said Monday.
Greater inequality in the distribution of growth is largely to blame, said the findings in the US journal Science.
Could it be because that earlier generation was born near the end of a worldwide depression and grew up in the only industrial country that wasn't bombed into the stone age during WWII?"
The absolute hatred of corporations has been taught for decades in our schools and this hatred induces them to leave. Now we are hungry and sitting out in the cold rain wondering where our jobs went.what world do you live in?
Capt. the American public view corporations as endless deep pockets. As a corporation, make the smallest error or fail , in hindsight, to take the smallest precaution and there will be 10s of lawyers lined up to sue you and an endless supply of ignorant jurists ready to rule for the "victims". Combine that with a government who can't wait to fine you for the smallest infraction among 100s of thousands of pages of regulations and you have the perfect formula for driving business offshore.this is your opinion
Case in point, hold a cup of hot coffee in you lap while driving and get millions from McDonald's!obviously you don't know the details of that particular lawsuit... perhaps you should actually read up on it before using it as an example?
The problem is that the crony capitalism fostered by our big government drives out smaller businesses and strengthens the rich and well connected onesthis is stupid and it's not actually supported by evidence either
That judgement, like most of the others was thrown out on appealno, it was not thrown out on appeal
The jury awarded Liebeck $200,000 in compensatory damages -- reduced to $160,000 because the jury found her 20 percent at fault -- and $2.7 million in punitive damages for McDonald's callous conduct. (To put this in perspective, McDonald's revenue from coffee sales alone is in excess of $1.3 million a day.) The trial judge reduced the punitive damages to $480,000. Subsequently, the parties entered a post-verdict settlement.https://www.ttla....aseFacts
I have never understood the concept of "why arent children making more than their parents". How could they?It's called "technology," but in order to succeed you have to be educated, which means we all have to contribute tax money to education and stop telling kids not to trust science, which is where technology comes from.
Upward mobility has fallen sharply in US: study
Obamanation.
Yep. See "savings and loan crisis." The Reprehensibles wouldn't let anyone make it illegal and we've been paying ever since. The repeal of Glass-Steagall followed by the housing crisis made it all clear for anyone who was paying attention.Upward mobility has fallen sharply in US: study
Obamanation.
It started with Reagan, but thanks for playing.
Shootist
Apr 24, 2017Obamanation.