Only in America

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I just wrote a longish post about how income mobility in the United States is actually pretty anemic, but our blog software ate it and I don’t feel like trying to recreate it. So here’s the nickel summary: despite what Florida senate candidate Marco Rubio says, America isn’t the only place where you can start a business in a spare bedroom. In fact, whenever you hear a politician say “only in America,” it’s an almost certain dead giveaway that they’re blowing smoke. On the specific question of rags to riches stories, the fact is that America has less income mobility than most other rich countries, and that mobility has been declining for the past several decades.

There’s a longer version of this, but you’ll just have to pretend that I wrote it and you read it. In the meantime, take my word for it. Or, if you don’t trust me, take David Frum’s word for it.

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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