http://www.arktimes.com/ArkansasBlog/archives/2013/01/13/obama-to-shoot-for-comprehensive-immigration-bill Comments On: Obama to shoot for comprehensive immigration bill by Max Brantley en-us Copyright 2013 Arkansas Times. All rights reserved. This RSS file is offered to individuals, Arkansas Times readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Arkansas Times. robert@arktimes.com (Arkansas Times Webmaster) Tue, 18 Jun 2013 00:00:01 -0500 Tue, 18 Jun 2013 02:45:00 -0500 Foundation http://blogs.law.harvard.edu/tech/rss
"According to the 2007 "American Dream Report" study, "by some measurements"—relative mobility between generations -- "we are actually a less mobile society than many other nations, including Canada, France, Germany and most Scandinavian countries. This challenges the notion of America as the land of opportunity."[1]

"Another 2007 study ("Economic Mobility Project: Across Generations") found significant upward "absolute" mobility from the late 1960s to 2007, with two thirds of those who were children in 1968 reporting more household income than their parents[3] (although most of this growth in total family income can be attributed to the increasing number of women who work since male earnings have stayed relatively stable throughout this time[3]).

"However, in terms of relative mobility it stated: "contrary to American beliefs about equality of opportunity, a child’s economic position is heavily influenced by that of his or her parents."[3] 42% of children born to parents in the bottom fifth of the income distribution ("quintile") remain in the bottom, while 39% born to parents in the top fifth remain at the top.[3] Only half of the generation studied exceeded their parents economic standing by moving up one or more quintiles.[3] ....

Children previously from lower-income families had only a 1% chance of having an income that ranks in the top 5%.[4] On the other hand, the children of wealthy families have a 22% chance of reaching the top 5%.[4]
Posted by I_AM_THE_NRA]]> Mon, 14 Jan 2013 12:01:19 -0600 Arkansas Times http://www.washingtonpost.com/blogs/wonkbl…
Posted by springdale_liberal]]> Mon, 14 Jan 2013 11:41:59 -0600 Arkansas Times Posted by springdale_liberal]]> Mon, 14 Jan 2013 11:37:59 -0600 Arkansas Times
"Fewer than 20 percent inherited 10 percent or more of their wealth."

"New York University economist Edward Wolff has done the best work I’ve seen on the contribution of inheritance to wealth inequality, and his latest paper, coauthored with the Bureau of Labor Statistics’ Maury Gittleman, is chock full of relevant data on the matter. In 2007, the last year Wolff and Gittleman look at, wealth transfers (mainly inheritances, but also including gifts) made up, on average, 14.7 percent of the total wealth of the 1 percent (more specifically, the top 1 percent in terms of wealth). Interestingly, inheritance’s share has declined over time. In 1992, 27 percent of the wealth of the top 1 percent came from wealth transfers."

- WaPo
Posted by ProCarry]]> Mon, 14 Jan 2013 10:56:19 -0600 Arkansas Times Posted by Razorblade]]> Mon, 14 Jan 2013 09:56:46 -0600 Arkansas Times Posted by louie]]> Sun, 13 Jan 2013 21:15:35 -0600 Arkansas Times
And most of us don't sit by a computer all day waiting for someone to make dumb comments. But to say that the rich actually earned their money is a joke in at least 75% of the cases. And those of us who are retired earned the right to do what we damn well want to. Afterall , we did our work, paid our dues, and have managed to survive the Republican onslaught on our personal liberties.
Posted by couldn't be better]]> Sun, 13 Jan 2013 20:59:48 -0600 Arkansas Times Posted by arhogfan501]]> Sun, 13 Jan 2013 19:29:12 -0600 Arkansas Times
The one part of Obama's proposed new emigration reform I don't like is the special status that will give highly skilled foreigners a fast ticket to citizenship. I have no idea of the legal status or skill status of the hundreds of Hispanics who live in my neighborhood, some barely 20 feet away from my house, but having watched them closely for the last 10 years I can tell you they work hard, they're clean and neat, I've never had a problem with them stealing or ogling my tasty young daughters and they've caught on quickly to the American Dream, I'm watching them live it.

They in no way deserve any kind of 2nd place status in our country. It's not OK to decide some humans get a fast track to plenty of food on their tables and a nice warm room to shit or sleep. What kind of All Men Are Created Equal do you and Obama not understand? Fast tracking the highly skilled immigrants best serves the Republican corporate desire for great workers....to hell with those who can only saw a board straight, put on a good roof or trim a bush in the shape of a poodle.

We're all human beings and we should all be treated equally. At the same time we should be mighty worried and upset that all the good jobs are leaving our soil...simply to increase the profits of the already filthy rich. Better be nice to Mexicans because if this keeps up you're going to be spending 70 hours per week standing right next to them gutting chickens or stocking a Wal-Mart shelf. The 1% aims for us all being 2nd class citizens in the near future and you won't get to pick your Foxconn co-workers, the Koch brothers & Waltons will do the picking.
Posted by DeathbyInches]]> Sun, 13 Jan 2013 15:56:50 -0600 Arkansas Times Posted by eLwood]]> Sun, 13 Jan 2013 15:35:01 -0600 Arkansas Times Posted by Razorblade]]> Sun, 13 Jan 2013 13:54:43 -0600 Arkansas Times Posted by Archaeopteryx]]> Sun, 13 Jan 2013 08:59:02 -0600 Arkansas Times Posted by Verla Sweere]]> Sun, 13 Jan 2013 08:34:26 -0600 Arkansas Times