The Triumph of Hope Over Self-Interest

[Carl Remick]

>From: Bradford DeLong <jbdelong at uclink.berkeley.edu>
>
>>Michael Pollak wrote:
>>
>>>[A conservative explains]
>>
>>Ooops, sorry, hadn't noticed you'd done that already.
>>
>>Brooks may be a conservative, but I'm afraid he's mostly right about this 
>>argument. That Time poll, which has 39% of Americans either thinking 
>>they're in the top 1% or will be someday, is just as revealing as Brooks 
>>claims. It uncovers a fundamental fantasy about American life. Even though 
>>we've got the most unequal distribution of income in the rich world, the 
>>highest poverty levels, the greatest persistence of low-wage pay, and only 
>>moderate levels of mobility - that all doesn't matter. Most Americans just 
>>don't care. You could recite the facts over & over and it won't make a 
>>dent in that fundamental fantasy. I'll be damned if I can think what to do 
>>about it.
>>
>>Doug
>
>Despair?
>
>Brad DeLong

Tried it, doesn't work -- too depressing.

Carl

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