Dear politicians, Reaganomics doesn’t work. All it seems to do is perpetuate class privilege.
“By emphasizing the influence of family background, the studies not only challenge American identity but speak to the debate about inequality. Wile liberals often complain that the United States has unusually large income gaps, many conservatives have argued that the system is fair because mobility is especially high, too: everyone can climb the ladder. Now the evidence suggests that America is not only less equal, but also less mobile.”
“The United States is also less unionized than many of its peers, which may lower wages among the least skilled, and has public health problems, like obesity and diabetes, which can limit education and employment.”
Labor law reform, universal healthcare, and path to socialist democracy needed.