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The Princeton economist Alan Krueger has demonstrated that societies with higher levels of income inequality are societies with lower levels of social mobility.

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George Packer

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Inequality saps the economy by draining the buying power of Americans whose incomes have stagnated, forcing them to rely on debt to fund education, housing, and health care.

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I thought Obama was in a position to do some things. I thought 2008 was a turning point in history, with him and the Wall Street crash happening at the same time, but you just learn that those entrenched powers were really entrenched; those decayed institutions were really decayed.

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April 29, 2024

I thought Obama was in a position to do some things. I thought 2008 was a turning point in history, with him and the Wall Street crash happening at the same time, but you just learn that those entrenched powers were really entrenched; those decayed institutions were really decayed.

Previous

April 29, 2024

Inequality saps the economy by draining the buying power of Americans whose incomes have stagnated, forcing them to rely on debt to fund education, housing, and health care.

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