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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 3051267" data-attributes="member: 56035"><p><a href="http://www.epi.org/publication/usa-lags-peer-countries-mobility/" target="_blank">U.S. lags behind peer countries in mobility</a></p><p></p><p>The relationship between father-son earnings is tighter in the United States than in most peer OECD countries, meaning U.S. mobility is among the lowest of major industrialized economies. The relatively low correlations between father-son earnings in Scandinavian countries provide a stark contradiction to the conventional wisdom. An elasticity of 0.47 found in the United States offers much less likelihood of moving up than an elasticity of 0.18 or less, as characterizes Finland, Norway, and Denmark.</p></blockquote><p></p>
[QUOTE="rickyb, post: 3051267, member: 56035"] [URL="http://www.epi.org/publication/usa-lags-peer-countries-mobility/"]U.S. lags behind peer countries in mobility[/URL] The relationship between father-son earnings is tighter in the United States than in most peer OECD countries, meaning U.S. mobility is among the lowest of major industrialized economies. The relatively low correlations between father-son earnings in Scandinavian countries provide a stark contradiction to the conventional wisdom. An elasticity of 0.47 found in the United States offers much less likelihood of moving up than an elasticity of 0.18 or less, as characterizes Finland, Norway, and Denmark. [/QUOTE]
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