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Bernard M - English Conversation / TOEFL / IELTS 一對一英文會話

Saturday, September 18, 2010

Income Mobility and Economic Opportunity by Christopher Frenze FROM A US Government Joint Economic Committee Study

Skip the article, just check out the graphs and tables.
"Currently there are two models of the American economy, one static, and the other dynamic. The first portrays the United States as a caste system and misapplies the characteristics of a permanent income strata to those only temporarily moving through income brackets. The alternative view portrays a much more complex and interesting social reality in which the composition of income classes are in constant flux. According to this latter point of view, simplistic generalizations about actual persons and families (or "the rich" and "the poor") cannot be drawn from data on a conceptual artifice which does not exist as such in reality."

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