> The point is, 1944 - 1991 is a HIGHLY unusual economic state
This part I agree with.
> and it's not reasonable to expect that the mobility that existed then should still exist today.
This part I absolutely do not. Perhaps the social mobility wouldn't be exactly the same, but surely we can do better than the current state of affairs? I wonder how many people could be elevated to comfortable middle class status with all the money hoarded so Jeff Bezos can have over 20 different extravagant homes?
And that's to say nothing for the cost of college going through the roof while conferring even less benefit to people's careers, stagnant wages, ever-rising taxes on the 99% since the IRS finds it difficult to audit the wealthy...
This part I agree with.
> and it's not reasonable to expect that the mobility that existed then should still exist today.
This part I absolutely do not. Perhaps the social mobility wouldn't be exactly the same, but surely we can do better than the current state of affairs? I wonder how many people could be elevated to comfortable middle class status with all the money hoarded so Jeff Bezos can have over 20 different extravagant homes?
And that's to say nothing for the cost of college going through the roof while conferring even less benefit to people's careers, stagnant wages, ever-rising taxes on the 99% since the IRS finds it difficult to audit the wealthy...