Sen.Warren is likely right....discuss?

[Barfly]

What deregulation, lol. You are partially correct, government activity is destroying the middle class.

[Pudfark]

the middle class, I hate to tell you, IS DESTROYED NOW, and it was years of 'deregulation' that did it. In present day America, the only determiner of any significance for adult prosperity is the prosperity of ones parents, and more wealth changes hands through inheritance than wages every year. So, sorry, Barfly, your idea doesn't fly.

respectfully.

It was years of minimal regulation that built that prosperity.
You are absolutely correct in your inference, that increased "regulation",
"In present day America, the only determiner of any significance for adult prosperity is the prosperity of ones parents". You are exactly correct. The way things are going and in the direction you propose? It's true.

So, the "inherited haves" will have and the "have nots" will never have.
Hmmm, there's a name for that.

[callmeslick]

yup, that name is America right now. We rank around 35th in social mobility.

[Barfly]

yup, that name is America right now. We rank around 35th in social mobility.

What the f%& is 'social mobility', lol. You funny. Maybe you mean economic mobility?

[callmeslick]

social mobility is the act of moving up(or down) the socioeconomic ladder. Pretty much the same as economic mobility, actually.