<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/51fea717-981f-414d-8b1f-7bd870a389c9/D2A9A59D-3CD7-4C73-97B7-99192E8838ED/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php" href="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php" style="font-size: 11px;">yglesias.thinkprogress.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php"><H2 class="title"><A name="37535"></A><A title="Permanent link to 'Inequality Begets Inequality'" rel="bookmark" href="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php">Inequality Begets Inequality</A><SPAN class="storyexpander"></SPAN></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php"><P>Pete Davis mentions a <A href="http://capitalgainsandgames.com/blog/pete-davis/1218/america-land-opportunity">new book</A> that sounds interesting. He observes that we like to think of the United States as a land of opportunity, “but a new book, <A href="http://www.brookings.edu/press/Books/2009/creatinganopportunitysociety.aspx">Creating an Opportunity Society</A>, by Ron Haskins and Belle Sawhill of the Brookings Institution proves otherwise.”</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php"><STRONG>42% of American men with fathers in the bottom income quintile remain there as compared to: Denmark, 25%; Sweden, 26%; Finland, 28%; Norway, 28%; and the United Kingdom, 30%</STRONG>. They present a wealth of new and old research evidence to support the conclusion that if you’re born poor in America, you’re likely to remain poor.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php">This basic result has been known for quite some time, at least in liberal circles (conservatives like Greg Mankiw believe the U.S. is <A href="http://rortybomb.wordpress.com/2009/09/01/genes-and-income/">ruled by a genetic aristocracy</A></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://yglesias.thinkprogress.org/archives/2009/10/inequality-begets-inequality.php">The high level of income inequality in the United States leads to highly unequal opportunities for American children, whereas the low levels of income inequality in Nordic countries lead to more equal outcomes. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D2A9A59D-3CD7-4C73-97B7-99192E8838ED/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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